Master P Net Worth; How Rich is Master P?

Master P, also known as Percy Robert Miller, is an American rapper, entrepreneur, and film producer who has a net worth of $200 million. He is the founder and owner of No Limit Records, one of the most successful independent record labels in hip-hop history. He is also the CEO of P. Miller Enterprises, a conglomerate that includes clothing, film production, television network, real estate, and more. In this article, we will explore Master P’s net worth, his career highlights, his personal life, and some frequently asked questions about him.

Career Highlights

Master P was born on April 29, 1970, in New Orleans, Louisiana. He grew up in a poor and crime-ridden neighborhood, where his father was killed when he was two years old. He developed a passion for basketball and music at a young age and attended the University of Houston on an athletic scholarship. He dropped out after his freshman year and moved to Richmond, California, where he opened a record store called No Limit Records.

Master P used $10,000 that he inherited from his grandfather to start his own record label under the same name as his store. He began producing and distributing his own music independently, avoiding the control and limitations of major labels. He released his debut album Get Away Clean in 1991, followed by several other albums such as Mama’s Bad Boy (1992), The Ghettos Tryin to Kill Me! (1994), and 99 Ways to Die (1995).

Master P’s breakthrough came in 1996 with the release of his fifth album Ice Cream Man, which sold over one million copies and made him a mainstream star. He followed it up with his best-selling album Ghetto D in 1997, which debuted at number one on the Billboard 200 and featured the hit single “Make ‘Em Say Uhh!”. He also released several albums with his group TRU (The Real Untouchables), which included his brothers Silkk the Shocker and C-Murder.

Master P expanded his empire by signing other artists to No Limit Records, such as Snoop Dogg, Mystikal, Mia X, Fiend, Mac, and more. He also ventured into film production with his company No Limit Films, which produced movies such as I’m Bout It (1997), I Got the Hook Up (1998), Foolish (1999), and Hot Boyz (2000). He also starred in some of these films as well as others such as Hollywood Homicide (2003) and Uncle P (2007).

Master P continued to release music throughout the 2000s and 2010s, although with less commercial success than before. Some of his albums from this period include Game Face (2001), Good Side, Bad Side (2004), Ghetto Bill (2005), The Gift (2013), Empire (2015), and Intelligent Hoodlum (2017). He also formed a new group called Money Mafia in 2015 and released two albums with them: We All We Got (2015) and Hustlin (2015).

Master P is also known for his entrepreneurial ventures outside of music. He founded the clothing line P. Miller in 1999, which has won several awards and earned over $400 million in annual sales. He also launched a sports management company called No Limit Sports in 1999, which represented NBA players such as Ricky Williams and Ron Mercer. He also tried to pursue a professional basketball career himself and played briefly for the Charlotte Hornets and the Toronto Raptors in the NBA preseason.

Personal Life

Master P has never been married but has seven children from different relationships: Romeo Miller (born 1989), Cymphonique Miller (born 1996), Veno Miller (born 1991), Tytyana Miller (born 1992), Hercy Miller (born 2002), Mercy Miller (born 2003), and Italy Miller (born 2000). He was engaged to Sonya C in 1989 but they never married. They separated in 2010 and their divorce was finalized in 2020 after a long legal battle over their assets.

Master P has also been involved in several legal issues and controversies throughout his career. He was arrested in 1991 for carrying a loaded gun at the airport. He was sued by former No Limit artists such as Snoop Dogg, Mystikal, Mia X, and Beats By The Pound for unpaid royalties and breach of contract. He was also accused of sexual assault by a woman in 2001 but the charges were dropped due to lack of evidence.

Master P is also known for his philanthropic work and social activism. He has supported various causes and charities such as the Make-A-Wish Foundation, the P. Miller Youth Centers, the P. Miller Food Foundation, and more. He also organized and participated in several events and campaigns such as Hurricane Katrina relief, Black Lives Matter, and COVID-19 relief.

FAQs

How much did Master P make from No Limit Records?

Master P made about $160 million from No Limit Records in 1998, which was the peak year for the label. The label’s revenue came from various sources such as music sales, streaming, publishing, touring, merchandising, and licensing.

How much does Master P make from his clothing line?

Master P makes about $40 million per year from his clothing line P. Miller, which is one of his most lucrative deals. He owns a 100% stake in the brand and receives all the profits from its sales.

What is Master P’s latest project?

Master P’s latest project is his sixth solo album No Limit Chronicles: The Lost Tape, which was released in August 2020. The album features guest appearances from artists such as Snoop Dogg, Silkk the Shocker, C-Murder, and more. The album also coincides with a five-part documentary series on BET called No Limit Chronicles, which chronicles the rise and fall of No Limit Records.