How Rick Ross Built His $150M Empire with One Life Lesson from His Mom—Beyond the Music
Forum Zoneby Toter 5 days ago 8 Views 0 comments
In 2008, Rick Ross made a significant real estate decision by purchasing his inaugural home just two blocks from the estate of boxing icon Evander Holyfield in Georgia. This move was inspired by a foundational principle from his mother that ultimately propelled him to become a real estate tycoon with an estimated net worth of $150 million.
The Miami rapper's venture into property development predated his acclaim as a platinum-selling artist and was rooted in the wisdom imparted by his mother, a dedicated nurse from Clarksdale, Mississippi. She consistently acquired real estate, instilling in Ross a philosophy centered around tangible assets. In his own words, “When you buy something, make sure you can touch it.”
Her investment strategies laid the groundwork for Ross's approach, exemplified when he bought Holyfield's former estate in Fayetteville for $5.8 million, renaming it “The Promise Land.” With its expansive grounds and massive pool, the estate has also become a profitable entertainment venue, reflecting Ross's commitment to ongoing real estate investment.
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