Master P, born Percy Robert Miller, is a renowned rapper, entrepreneur, actor, and record producer. As the founder of No Limit Records, Master P played a significant role in shaping Southern hip-hop and independent music distribution in the 1990s. Not only did he find success in music, but Master P also diversified his empire into various businesses, including film, sports management, real estate, and more, making him one of the most versatile figures in the entertainment industry.
As of 2024, Master P’s net worth is estimated to be $210 million, accumulated through his multifaceted career, wise investments, and entrepreneurial endeavors. In this article, we’ll explore Master P’s net worth, his journey to success, personal life, and the factors that have helped him build a lasting legacy in entertainment and business.
Master P Net Worth in 2024
Master P’s net worth in 2024 is estimated to be $210 million, with his wealth stemming from his extensive music catalog, business ventures, investments, and real estate holdings.
Detailed Net Worth Breakdown
Source of Income | Estimated Earnings (2024) |
Music Sales & Royalties | $50 million |
Business Ventures & Investments | $100 million |
Endorsements & Sponsorships | $20 million |
Real Estate | $40 million |
Total Net Worth | $210 million |
Master P Early Life and Career Beginnings
Early Life
Master P was born on April 29, 1970, in New Orleans, Louisiana. He grew up in a tough environment, surrounded by crime and poverty, but his determination and entrepreneurial mindset set him on a different path. After high school, he attended Merritt College in Oakland, California, on a basketball scholarship but later shifted his focus to business.
In the early 1990s, Master P started his music career by founding a small record store, No Limit Records, which eventually grew into a full-fledged record label. His ability to blend entrepreneurship with his passion for music would define his success in the industry.
Rise to Fame with No Limit Records
Master P’s No Limit Records became one of the most successful independent labels of the 1990s, pioneering a new approach to music distribution. His business model allowed him to retain control of his music and maximize profits, which was relatively unheard of at the time. Master P signed various Southern hip-hop artists and produced successful albums for himself and others, leading to his rise in the music world.
Some of Master P’s most notable albums include “Ice Cream Man” (1996), “Ghetto D” (1997), and “MP Da Last Don” (1998). His music, characterized by its gritty lyrics and Southern flair, resonated with fans across the country, making him a household name in hip-hop.
Master P Personal Information Overview
Personal Information | Details |
Full Name | Percy Robert Miller |
Master P Date of Birth | April 29, 1970 |
Master P Age | 54 years old (as of 2024) |
Master P Birthplace | New Orleans, Louisiana, USA |
Master P Profession | Rapper, Entrepreneur, Producer |
Master P Nationality | American |
Master P Height | 6 feet 4 inches (193 cm) |
Master P Weight | 100 kg (220 lbs) |
Master P Career Achievements
Music Career and No Limit Records
Master P’s label, No Limit Records, revolutionized the music industry by focusing on independent distribution and ownership. The label produced hits not only for Master P but also for other prominent artists such as Snoop Dogg, Silkk the Shocker, C-Murder, and Mystikal. Master P’s business acumen allowed him to negotiate lucrative deals, retain creative control, and maximize revenue.
His 1997 album “Ghetto D”, which included the smash hit “Make ‘Em Say Uhh!”, was a major commercial success, reaching Platinum status. Another album, “MP Da Last Don”, sold over 4 million copies, becoming one of the best-selling albums of his career.
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Acting, Film Production, and Other Ventures
In addition to music, Master P also ventured into acting and film production. He appeared in several movies, including “I Got the Hook-Up” (1998) and “Foolish” (1999), both of which he also produced. He established No Limit Films, a production company that produced low-budget movies catering to his fanbase, further increasing his income.
Master P’s ability to diversify his career into various fields, including sports management and real estate, contributed to his long-term financial stability. His business empire extends far beyond music, making him a successful entrepreneur.
Career Achievements | Details |
Best-Selling Albums | “Ghetto D,” “MP Da Last Don” |
Key Business Ventures | No Limit Records, No Limit Films |
Notable Films | “I Got the Hook-Up,” “Foolish” |
Platinum Albums | Multiple (including “Ghetto D”) |
Master P Family Life
Marriage and Children
Master P was married to Sonya Miller, and the couple had seven children together, including rapper Romeo Miller, also known as Lil’ Romeo. His children have followed in his footsteps, with several of them involved in entertainment, music, and business.
Although Master P and Sonya divorced in 2014, they co-parent their children and remain focused on family. Master P often emphasizes the importance of family values and attributes much of his success to the support of his family.
Family Member | Details |
Ex-Wife | Sonya Miller |
Children | Romeo Miller, Cymphonique Miller, and 5 others |
Master P Business Ventures and Endorsements
Business Empire
Master P is widely regarded as one of the most successful entrepreneurs in hip-hop. He has diversified his business interests into a variety of sectors, including real estate, film production, sports management, and food products. One of his notable ventures is P. Miller Enterprises, a conglomerate that oversees his various businesses.
Master P also launched a line of food products under the Rap Snacks brand, including Uncle P’s Louisiana Seasoned Rice and Uncle P’s Pancake Mix. He has consistently leveraged his celebrity status to create successful business ventures.
Endorsements and Partnerships
Throughout his career, Master P has partnered with several brands for endorsement deals, though much of his wealth has been built on his own entrepreneurial efforts. His partnerships with companies like Rap Snacks and collaborations in the entertainment industry have helped increase his visibility and wealth.
Endorsements & Ventures | Details |
Founder of No Limit Records | Successful independent record label |
P. Miller Enterprises | Business conglomerate |
Food Products | Rap Snacks, Uncle P’s Rice |
Film Production | No Limit Films |
Master P Physical Appearance
Master P is known for his towering height and athletic build. Throughout his career, he has maintained an active lifestyle, often emphasizing fitness and discipline as part of his success.
Attribute | Details |
Height | 6 feet 4 inches (193 cm) |
Weight | 100 kg (220 lbs) |
Hair Color | Black |
Eye Color | Brown |
Frequently Asked Questions (FAQs) About Master P
What is Master P’s net worth in 2024?
Master P’s net worth in 2024 is estimated to be $210 million, earned through his music career, business ventures, and investments.
What businesses does Master P own?
Master P owns No Limit Records, No Limit Films, and P. Miller Enterprises, among other ventures in real estate, sports management, and food products.
How did Master P make his fortune?
Master P made his fortune through his music career, founding No Limit Records, and investing in various business ventures, including real estate and food products.
Does Master P have any children?
Yes, Master P has seven children, including rapper and actor Romeo Miller (Lil’ Romeo).
What are some of Master P’s biggest hits?
Some of Master P’s biggest hits include “Make ‘Em Say Uhh!”, “Mr. Ice Cream Man”, and “Ghetto D”.
Master P’s journey from growing up in the tough neighborhoods of New Orleans to becoming a multimillionaire and cultural icon is nothing short of remarkable. With a net worth of $210 million in 2024, Master P continues to be a pioneer in both the music and business worlds. His influence reaches far beyond hip-hop, as he has successfully built an empire that spans multiple industries, leaving an indelible mark on entertainment and entrepreneurship.