Master P Net Worth: How Did He Amass a Net Worth of $200 Million?

Master P is a well-known and successful personality in America. He is a great singer, rapper, record producer, and businessman. He is well-known for many things, which have helped him stay at the top of his field. Master P’s record label, No Limit Records, has made him famous as an entrepreneur.

It has had many different names, like “New No Limit Records,” “Guitar Music Entertainment,” and “No Limit Forever Records,” which is the name it has now. Master P was also the CEO of Better Black Television, which closed soon after he took over.

He is also the head of P. Miller Enterprises, where he is known as the CEO. Now let’s talk about Master P’s music career. He has made a total of 15 studio albums, all of which have been very successful. During his long and successful career, he has won a number of awards and praise.

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Early Life of Master P

Master P was born Percy Miller on April 29, 1970, in New Orleans, Louisiana. This city is known for its music, but maybe not the kind that he would go on to make. He grew up in the city’s Calliope Projects. He was one of four kids. His brothers Vyshonne and Corey, who went by the names Silkk The Shocker and C-Murder, were also successful rap artists.

The family grew up in the Calliope Projects, which are known for being some of the most dangerous in the city. After his parents split up, he spent time with family of his father in New Orleans and with the family of his mother in Richmond, California.

master p net worth

He played basketball a lot at Booker T. Washington High School and Warren Easton High School, and he won a scholarship to the University of Houston. But this didn’t last long. In his first year of college, he switched to Merrit Junior College in Oakland, California, to study business.

Career Life of Master P

Master P has so many careers that it would be impossible to choose two or three. His wealth has been amassed through a variety of revenue streams, including his work as a rapper, an entrepreneur, and occasionally an actor.

After the death of his grandfather, he got $10,000 while still residing in Oakland. With the funds, he established No Limit Records, a record store. After learning the preferences of his consumers, he decided in 1990 to grow the store into a record label. His debut release was the cassette-only EP Mind of a Psychopath, released in 1990. Two of his brothers were members of the supergroup The Real Untouchables (commonly abbreviated to TRU). Kevin, Master P’s other brother, was murdered in New Orleans in the same year.

master p net worth

Since his first album, Get Away Clean, came out in 1991, Master P has been putting out and making music on a regular basis. The underground gangsta rap scene became more aware of him after he put out a few more solo albums and worked with TRU. In 1995, he moved the label back to New Orleans and kept building his empire there. Since then, he has put out a number of albums that have had varying degrees of success.

Mr. Ice Cream Man and Ghetto D, which has his most famous song, “Make ‘Em Say Uhh!,” were two of the most popular albums of this time. Ghetto D sold more than 260,000 copies in its first week, and it went on to get three platinum certifications. In 1998, MP Da Last Don came out and became a big hit. Even faster than Ghetto D, the record sold over 400,000 copies in its first week and went straight to the top of the Billboard charts. That same year, Master P also put out a movie to go with the album.

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Game Face was Master P’s tenth studio album. It came out in 2001. In 2004, he put out his eleventh album. In 2005, Master P and his son Lil Romeo started an independent label called Guttar Music and put out an album for Hurricane Katrina victims. In 2007, the two put out an album together that sold 32,000 copies around the world. Master P went on to work with other artists, make records, tour, and put out mixtapes every year. We All We Got, which he made with his group No Limit Boys, was their sixth mixtape. It came out in January 2017.

Other Works of Master P

In the late 1990s, Master P built a business empire that included several rap labels, a clothing line, a management company, a high-end travel agency, a film production company, a video game company, and even a phone sex line. Even though he has a lot of different businesses, No Limit Records is still his most famous and likely most successful.

master p net worth

It was the first label to bring the sound of Southern Rap to the mainstream, and it has sold over 80 million records around the world. Master P’s business empire made more than $160 million in 1998 alone. “Guaranteed Success” was Master P’s first book, which came out in 2007. Master P has also done well as an investor, like when he started and ran No Limit Entertainment as its CEO. One of the most successful independent record companies of all time is No Limit.

Master P has had some success as an actor in addition to his rap albums. Since 1997, he has been in a number of feature films and movies that went straight to DVD. He even wrestled for a short time with World Championship Wrestling in 1999. He was a contestant on Dancing with the Stars and danced with Ashly DelGrosso. He got the worst score ever on the show and was kicked off in Week 4.

Net Worth of Master P

Master P is an American rap mogul, entrepreneur, and film producer with a $200 million net worth. In the late 1990s and early 2000s, Master P was one of hip-most hop’s most successful artists. He remains one of the world’s wealthiest rappers/entrepreneurs.

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Awards to Master P

In 1999, Master P won the American Music Award for Favorite Rap/Hip Hop Artist. In 2005, VH1 put him at number 36 on its list of the 50 Greatest Hip Hop Artists. VH1’s list of the 100 Greatest Hip Hop Songs put “Make Em Say Uhh!” by Master P at No. 94. BET’s list of the Most Influential Rappers of All Time puts him at number 28.

BET also named him one of the 25 most important people in the black music business. Master P was the first hip-hop artist to be inducted into the Louisiana Music Hall of Fame, which happened in July 2013.

Final Words

Master P was born Percy Miller on April 29, 1970, in New Orleans, Louisiana. He grew up in the city’s Calliope Projects, which are known for being some of the most dangerous areas. After his grandfather’s death, he got $10,000 and started a record store record label. Ghetto D and MP Da Last Don were two of the most popular albums of the ’90s.