As of 2024, American rapper, Master P’s Net Worth is estimated to be $220 Million. As the founder and CEO of the highly successful independent hip-hop label, No Limit Records in the 1990s, he has left an indelible mark on the music industry. With over 15 studio albums, Master P has achieved global success, selling over 100 million records.
Apart from his musical endeavors, he has diversified his investments into various sectors such as real estate, clothing, and solar energy. Also, check Honey Cocaine Net Worth.
Master P Net Worth
| Name | Master P |
| Net Worth (2024) | $220 Million |
| Profession | American rapper and record producer |
| Monthly Income | $2 Million + |
| Yearly Income | $20 Million + |
| Record labels | No Limit Records, No Limit Forever Records |
| Years active | 1989–present |
| Instruments | Vocals |
| Genres | Hip hop |
| Last Updated | 2024 |
Master P is a phenomenal celebrity, whose journey in the music industry is quite exceptional. He has achieved some serious acclamation 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 $220 million Also checkJermaine Dupri Net Worth.
Master P Assets
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Home: 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.
Car collection: Master P is a massive owner who also has a massive car collection. He owns some of the most exotic cars, which one could dream of buying. Master P has a Ferrari, MercedesMaybach, Aston Martin, Lamborghini, and a few more. Also, checkOffsetNet Worth.
Master P’s 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 dollars. 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
In order to compute the correct net worth of Master P, we need to deduct his liabilities from his Assets. In order 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’s 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’s 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 a number of expensive cars. A couple of Yachts owned by Master P come with a plunge pool and home theater.
Master PNet Worth Growth
| Year | Net Worth (Million) |
|---|---|
| Master P Net Worth in 2024 | $220 Million |
| Master P Net Worth in 2023 | $200 Million |
| Master P Net Worth in 2022 | $180 Million |
| Master P Net Worth in 2021 | $160 Million |
| Master P Net Worth in 2020 | $140 Million |
| Master P Net Worth in 2019 | $120 Million |
Conclusion
Master P has a huge legacy behind him, which he will cherish forever. His contribution to the music industry of America is immense. Master P has released numerous albums in his career and has shown a different perspective on how hip-hop and RandB music work. He has also done phenomenal work in his business. His record label is doing exceptionally well. Master P is getting honored from everywhere for his great legacy.
Master P is no longer just anothermusic artist, but an established and successful entrepreneur. Master P has built a million-dollar business empire out of nothing. Master P’s net worth has grown by over 10 times in the past two decades.
Master P is still in the process of investing in new business ventures and generating more earnings each year. Just like Dr. Dre, Master P’s wealth is seeing a significant uptick due to his sponsorship and franchising deals.
Master P’s Fixed Assets consist of cash-churning properties that give him consistent income, and at the same time keep the overheads to a minimum. If the current estimates are to be taken into account, Master P‘s net worth will reach $400 Million in less than one year.
Master P Social Media Accounts
| Almost 3.8M Followers | Check Out | |
| Almost 196K Followers | Check Out | |
| Almost 2.7M Followers | Check Out | |
| YouTube | Almost 231K Subscribers | Check Out |
| N/A | Check Out | |
| N/A | Check Out |
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.
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