Master P Net Worth: How Did Master P Make His $220 Million?

American rapper, Master P Net Worth is estimated to be $220 Million. This makes him one of the wealthiest celebrity in the hip-hop industry.

Shruti Bansal

American rapper, Master P Net Worth is estimated to be $220 Million. Master P is a very successful and famous personality in America. He is famous for plenty of things that have kept him on top of his career. Master P is known as an entrepreneur for his record label No Limit Records. Master P’s Net Worth is $210 Million US Dollars, according to Forbes. Percy Robert Miller Sr. (born April 29, 1967), also known by his stage name Master P, is an American rapper, record executive, actor, and entrepreneur. 

Master P is also the founder and CEO of P. Miller Enterprises and Better Black Television, which was a short-lived online television network. Master P gained further popularity in 1997 after the success of his platinum single “Make ‘Em Say Uhh!“. It has been changed plenty of times with various names like New No Limit Records, and Guitar Music Entertainment, and is currently being in use with the name of No Limit Forever Records. Master P has also been the CEO of Better Black Television, which has been closed quite soon.

Master P is a Singer-songwriter, rapper, and entrepreneur who has a net worth of $210 Million. He is also known to be the CEO of P. Miller Enterprises. Now comes to his music career, Master P has a total of 15 studio albums, which have achieved great success. He has achieved several awards and Appreciation in his long and a brilliant career. You may also check Taylor Swift’s Net Worth.

Master P’s Net Worth

American rapper, Master P Net Worth is estimated to be $220 Million as of 2024. This makes him one of the wealthiest celebrities in the hip-hop industry. He has achieved success in his career, which started in the early 1990s. Although, he gained prominence in the mid-1990, after the release of his fifth single. To date, Master P has released 15 albums, which is quite an achievement.

Many of his albums and singles have gained massive commercial success. As an entrepreneur and businessman, he has acclaimed decent success too. Currently, Master P has a net worth of $210 million Also check Missy Elliott’s Net Worth.

NameMaster P
Net Worth (2024)$220 Million
ProfessionAmerican rapper and record producer
Monthly Income$2 Million +
Yearly Income$20 Million +
Record labelsNo Limit Records, No Limit Forever Records
Years active1989–present
InstrumentsVocals
GenresHip hop
Last Updated2024
Master P income

Master P House and Car Collection

Master P is an American personality, who is counted in the legends of the music industry. He is a very rich and wealthy personality, whose multi-millionaire status is quite well showcased by his properties. Master P owns numerous properties in America, including his house in Los Angeles, Beverly Hills, Manhattan, New York, etc.

Master P is a massive owner who also has a massive car collection. He owns some of the most stunning cars, which one could dream of buying. Master P has a Ferrari, Mercedes Maybach, Aston Martin, Lamborghini, and a few more.

Master PNet Worth Growth

YearNet Worth (Million)
Net Worth in 2024$220 Million
Net Worth in 2023$200 Million
Net Worth in 2022$180 Million
Net Worth in 2021$160 Million
Net Worth in 2020$140 Million
Net Worth in 2019$120 Million

Master P Assets and Investments

Master P owns over 8 real estate properties, 8 Cars, 4 Luxury Yachts, and 1 Private Jet. The combined worth of all these assets is over $80 Million. Master P’s Assets Portfolio also includes Cash at Bank and Deposits, which are worth over $60 Million.

Master P owns a large portfolio of 18 stocks, and he has invested a total of $65 Million in this. A few of the stocks owned by Master P are listed below.

  • Coca-Cola
  • Exxon
  • Microsoft
  • Uber
  • HP
  • Verizon

Master P Liabilities and Loans

To compute the correct net worth of Master P, we need to deduct his liabilities from his Assets. To build his business empire, Master P has taken over $20 Million in loans and mortgages from leading banks in the US.

Personal Loan from Bank of America$5 Million
Overdraft from Citibank$8 Million
HSBC Mortgage$2 Million
Letter of Credit – JP Morgan$5 Million
Master P

Master P Cash Balance

Master P has primary accounts with Citibank and Bank of America. All the income of Master P from music royalties and businesses is deposited into this account. At the end of the current financial year, Master P has over $50 million in cash reserves. Some of this cash is in foreign exchange, received through music sales outside the United States.

Master P Music Royalties

According to Forbes, Master P is one of the highest-earning music artists of all time, with an annual income exceeding $42 Million. This income comes from multiple music platforms like Spotify, Apple Music, Amazon Music, YouTube, etc.

  • Spotify – $5 Million
  • Apple Music – $8 Million
  • Amazon – $6 Million
  • YouTube – $5 Million
  • Other Companies – $18 Million

Master P’s Luxury Yachts and Private Jet

Master P has last year gifted himself a brand new private jet plane, that cost him over $30 Million. Master P has spent an additional $2 Million in redesigning the interiors of this plane according to his taste and liking.

Master P also owns four luxury yachts and several expensive cars. A couple of Yachts owned by Master P come with a plunge pool and home theater.

About Master P’s Personal Life

Percy Robert Miller Sr. is a very big name in America, he is also known short as Master P. Percy Robert Miller Sr. Was born in Central City, New Orleans, Louisiana, United States, on 29 April 1970. He was raised in Louisiana, with his four siblings and parents. Miller has one sister and three brothers with whom he has spent most of his childhood. His other Brothers are very successful singer is well, and platinum-selling rap artists.

Miller started playing basketball in his high school days. Later, because of his exceptional performance in basketball, he got a scholarship, which landed him at the University of Houston. Although, he dropped there very soon. He received $10,000 after his grandfather’s death, which he used to open No Limit Records, which later became a massive label. See Christina Aguilera’s Net Worth.

Real NamePercy Robert Miller Sr.
Celebrated Name:Master P
Birth Place:Central City, New Orleans, Louisiana, United States
Date of Birth29 April 1970
Age:54 years old
Height:6’4” / 1.93 m
Weight:80 kg / 176 lbs
Eye Color:Brown
Hair Color:Black
Parents Name:Father – Percy Miller
Mother – Josie Miller
Siblings:Germaine Miller, Silkk the Shocker, Kevin Miller, C-Murder
School:Warren Easton High School
College:Merritt College, University of Houston
Religion:N/A
Nationality:American
Zodiac Sign:Taurus
Gender:Male
Sexual Orientation:Straight
Marital Status:Divorced
Girlfriend:Simin Hashemizadeh
Wife/Spouse Name:Sonya C. Miller (m. 1989-2014)
Kids/Children Name:Romeo Miller, Tytyana Miller, Cymphonique Miller, Hercy Miller, Veno Miller, Mercy Miller, Young V, Itali Miller, Inty Miller
Profession:Rapper, singer-songwriter, entrepreneur
Net Worth:$210 million
Last Updated:2024
Master P biography

Master P: Career and Awards

Master P is a very big name in America and started working in the early 1990s. His career first started as a basketball player, although very soon it ended. He later opened a store named No Limit Records. Master P released his first work in the year 1990. Later, he gained prominence in the mid-1990s, after the release of his fifth album, named Ice Cream Man. His hip-hop group TRU also became very big by that time. In 1997, he released a platinum single, Make Em Say Uhh!, which gathered immense success.

Master P has a total of 15 studio albums released so far, which is quite a big number. He has also played part in several shows and movies, which has given him worldwide recognition. He is involved In various businesses as well, and also managing his record label, No Limit Forever Records. Master P has won numerous awards like the American Music Awards, Louisiana Music Hall of Fame, etc. You may also like Justin Bieber’s Net Worth.

Master P Social Media Accounts

InstagramAlmost 3.9M FollowersCheck Out
X (Twitter)Almost 196K FollowersCheck Out
FacebookAlmost 2.7M FollowersCheck Out
YouTubeAlmost 231K SubscribersCheck Out
LinkedInN/AN/A
PinterestN/AN/A

Education

Master P has completed his early education at Warren Easton High School. Later, he went to the University of Houston, on a scholarship. He played basketball there, although he dropped out of the university very soon. Later, he got his management degree from Merritt College. Also, check Marc Anthony’s Net Worth.

FAQs

What is the net worth of Master P?

Master P’s total net worth is around $220 Million.

What is the monthly income of Master P?

Master P earns an estimated income of $2 million per month.

How much does Master P make annually?

Master P earns an estimated salary of $20 million per year.

What is the Age of Master P?

Master P is 54 years old.

Shruti Bansal

Shruti Bansal is a music and entertainment writer for CAknowledge. She joined CA Knowledge in 2022 as the lead night shift contributor, which means he covers new music releases on a weekly basis. In the year since joining, Bansal has covered some of the biggest and most turbulent stories in the world of music.

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