Master P Net Worth 2020
|Celebrated Name:||Master P|
|Birth Name:||Percy Robert Miller|
|Birth Date:||April 29, 1970|
|Age:||49 years old|
|Birth Place:||New Orleans|
|Spouse (Name):||Sonya C. Miller (1989 – 2014)|
|Profession:||Basketball player, Rapper, businessman, record producer, movie producer, and philanthropist|
|Net Worth:||$200 million|
|Last Updated:||March 2020|
Master P is a popular American rapper, record producer, actor, and businessman. In his early years, he was a basketball player. As of 2020, Master P net worth is estimated to be $200 million. He gained fame in music industry in the 1990s as part of a group named TRU. As a solo artist, he gained popularity when he released his 5th album “Ice Cream Man” with the hit single “Mr. Ice Cream Man”. Then in 1997, he attracted more attention with his song “Make ‘Em Say Uhh”. Since he ventured into music till this moment, Master P has released 15 albums.
He is also a successful record producer and founded “No Limit Records” which is now “No Limit Forever Records”. Master has also starred in movies like “Gone in 60 Seconds”, “Toxic”, “Soccer Mom”, “I Got the Hook-Up”, and “Foolish”. From 2003 – 2006, he appeared in the series Romeo! alongside his child, Romeo Miller.
While he was still a basketball player, he played for Toronto Raptors (1999) and Charlotte Hornets (1998) in the pre-season. In addition, he owns a basketball league named GMGB (Global Mixed Gender Basketball).
Master P Childhood
Master P was born as Percy Robert Miller on the 29th of April, 1970 in New Orleans. His parents have five children, a girl, and three boys and he is the oldest. His brothers are Corey who raps under the name “C-Murder”, Kevin, and Vyshonne who is known as “Silkk The Shocker”. He has just one sister who is named Germaine.
As a student, he went to Booker T. Washington and Warren Easton High School. While in high school, he played on the basketball team which earned him an athletic scholarship. He went to the University of Houston on the scholarship but dropped out as a freshman and went to Merritt College in Oakland California to pursue a major in business administration.
His grandfather died during this time and he inherited a malpractice settlement of $10,000. Master P then proceeded to open his record store called “No Limit Records” which became the foundation of his record label. This is the foundation of Master P net worth today. On the 15th of February, 1990 he released a tape titled “Mind of a Psychopath”. Tragedy struck his family when his brother, Kevin was killed that year in New Orleans. His brother’s death motivated him and gave him the determination to become successful and save his family.
Master P Career
The major source of Master P net worth is his career as a rapper. After he started his record store with the settlement money, he discovered that there was a lot of demand for gangster rap music but these needs were not met in the music industry. He then expanded his store into a label and produced his first album titled “Get Away Clean” in 1991. The album did not sell as expected and he moved back to New Orleans from California.
In 1994, he released “The Ghettos trying to kill me” and “99 Ways to Die” in 1995 which were very successful for him. He sold up to 250,000 copies altogether. In 1996, he signed with Priority Records and released “Ice Cream Man” which was no. 3 on the chart of the Billboard album. His own record expanded and consisted of rappers like Snoop Dogg, Mia X, and several others. They released albums that topped charts and gained media attention.
Master P ventured into basketball in 1998 and joined the Fort Wayne Fury. He then earned a tryout with Toronto Raptors and Charlotte Hornets but he didn’t get on NBA’s roster. Although some of his ventures during this period did not work out well, his record still sold a total of 75 million. In 1998, Forbes added him on the list of high-grossing entertainers calculating his annual income to be about $57 million.
In early 2000, the rapper changed his gangster rap because according to him, the lyrics were not appropriate and he would not want his own kid listening to it. He said “I make so much money off of hip-hop that, you know, I was once the part of the problem. And now, I want to be a part of the solution.” In 2007, he and his son “Romeo” founded another label named “Take a Stand Records” which will promote rap in a positive way without using profanities. In addition to this, the rapper has established many centers to educate and counsel underprivileged youths in America. This is how Master P net worth was developed and how he has the kind of career he has now.
Age, Weight, and Height
Master P was born on the 29th of April, 1970 and he is currently 49 years old. He is 1.93 meters tall and weighs 80 kg.
Master P Net Worth 2020
Master P is a very successful artist. Since he started till date, he has included so many ventures which built his net worth. Featuring in films and television shows also has significantly contributed to Master P net worth. Undoubtedly, the artist and entrepreneur is one of the richest people in the industry today. He has invested his money into ventures such as clothing line, travel agency, rap labels, film production, and a phone sex line.
Although he had experienced a setback in 2003 when he filed for bankruptcy and shut down his label, he re-launched the business alongside his son, Romeo in 2011. Since then till date, the business has generated lots of revenue. Master P net worth during this time was about $600 million. Then it went down drastically due to child support as he was paying.
In 1998, Master P was ranked no. 10 on the list of 40-highest-paid entertainers worldwide. In addition to this, he is also a philanthropist who dedicates his time to help the less privileged. As of 2020, Master P net worth is about $200 million.
At the peak of his career, Master P got married to Sonya and their union is blessed with seven children. His son, Romeo Miller is also a rapper, actor and an entrepreneur. In the same vein, he has a daughter named Cymhonque who is a singer and an actress. Their marriage ended in 2014. .
Finally, as seen above Master P net worth in 2020 is a whopping $200 million. Having a hard beginning did not stop Master P from becoming the success he is today. He is a business guru that has created a business and made a huge fortune through it.