Once known as America’s most notorious drug kingpin, Freeway Rick has left his criminal past behind and become a sought-after public speaker.
The man who perfected mass drug trafficking throughout Los Angeles in the 1980s is now famous for more than just breaking bad; today, he’s also a prolific investor and business mentor whose life story inspires thousands of young entrepreneurs.
So what is Freeway Rick’s actual net worth – and how has he accumulated so much wealth through legitimate means?
Read on to find out exactly how much this former crack cocaine distributor is worth today!
Early Life And Career
Freeway Rick Ross was born in Los Angeles, California, in the early 1960s. Rick was raised in poverty and started his criminal career as a teenager.
He quickly established himself as one of the city’s most notorious drug dealers, eventually becoming one of LA’s biggest suppliers of rock cocaine during the 1980s.
Rick ultimately gained control of a large network of street dealers, using them to distribute crack cocaine in South Central Los Angeles.
By the mid-1980s, Freeway Rick had become one of the most successful drug traffickers in the United States.
Ross’s success eventually attracted the attention of law enforcement, who launched an investigation into his activities.
In 1996, he was arrested and charged with several drug-related offenses.
He was eventually sentenced to life in prison without the possibility of parole, but his sentence was later reduced, and he was released in 2009.
Since his release, Ross has dedicated himself to speaking out against drug use and crime dangers.
He even wrote an autobiography called “Freeway Ricky’s Journey,” which details his life story and experiences in the world of drugs.
All-in-all, he is a successful entrepreneur, public speaker, and philanthropist today.
He hopes to use his platform to encourage young people to stay away from drugs and crime so they can live better lives.
Freeway Rick Ross Net Worth 2023
Ross’s net worth is estimated to be around $1 million. This figure is estimated from the government and other sources.
Given the high stakes and dangerous nature of his work, it’s likely that Ross has amassed a significant fortune over his lifetime.
The amount of money he made was largely due to several factors, including his influential connections and an effective distribution network.
By the time he was arrested in 1996, he had already established himself as a major player in the illicit drug trade.
His success could be attributed to street smarts and well-developed business acumen.
He owns several luxury cars, such as Ferraris, Lamborghinis, and Bentleys.
Moreover, he had several properties located in California and other states.
Though his net worth today is much lower than it was at the height of his drug empire, Freeway Rick Ross maintains a relatively comfortable lifestyle.
Peak Time Of Ross’s Career
Freeway Rick Ross’s net worth grew exponentially during the peak of his reign in the 1980s.
He accumulated a fortune amounting to $900 million, equivalent to around $2.8 billion today.
This was mainly because of the massive drug empire he had built up, which saw him selling cocaine from L.A. across the United States.
Still, he turned his huge profits into an even larger fortune by offering bulk discounts for those who bought cocaine in bulk from him.
He earned $1800 per ounce of cocaine and made a profit of $1200 each time it was sold at a retail price of $3000.
As he was selling cocaine in vast quantities, his worth grew alarmingly.
However, his empire eventually crumbled when he was arrested and sentenced to life in prison in 1996.
Although this is still an impressive figure, it pales compared to the wealth he had amassed at his peak.
Freeway Rick Ross’s And His Drug Money
The Ross’s drug empire had an incredibly large scope and reach.
He established distribution networks in Los Angeles, San Diego, Cincinnati, and other major cities in the United States.
His drug money was even used to purchase properties and invest in local businesses within some of these locations.
In addition, he hired hundreds of workers tasked with distributing and selling the drugs he moved.
At its peak, his drug empire supplied roughly 80% of the cocaine sold on the streets of Los Angeles.
He first got into the business by buying a party house in LA for $250,000 from Oscar Danilo Blandon.
From there, he set up dozens of cookhouses around the city that supplied his product.
His empire quickly grew to supply cocaine all over the US, with Ross making millions of dollars in profits.
However, his empire crashed when he was arrested and sentenced to life in prison.
Although he was eventually released on parole, his drug empire could never recover fully.
Ross’s impact on the drug trade was immense; he revolutionized how drugs were sold, distributed, and consumed.
His quick rise to fame and flashy lifestyle made him a notorious figure in LA which could not be ignored.
Although his empire eventually ended in disaster, it is a reminder of one man’s power in the drug trade.
Present Activities Of Freeway Rick Ross
Freeway Rick Ross now focuses on his writing and the marijuana business in LA.
Besides that, he is also associated with the National Diversity & Inclusion Cannabis Alliance (NDICA).
Through his work with NDICA, Ross strives to create social equity and justice for those the criminal justice system has unfairly targeted.
Furthermore, he is working to help provide funding and resources for small business owners in the cannabis industry and those marginalized communities disproportionately affected by the War on Drugs.
He has also written multiple books about his life story, from growing up on the streets of Los Angeles to his time spent in prison.
Freeway Rick Ross is a living example of how second chances can be given and taken advantage of, and he’s working hard to make sure others get the same opportunity he did.
Prominence On TV And Media
In recent years, Rick Ross has made several media and TV appearances.
In 2015, he was featured in a documentary named Freeway: Crack in the System, which was nominated for an Emmy Award.
He later appeared in From Nothing (2020), 16 Bars the Movie (2018), and Secrets of Deception (2017).
He has also produced films such as Look at What I Did (2017), Trap House: The Last Shift (2020), and the TV series Think Like a Man (2014) and Love & Hip Hop: Atlanta (2012).
Ross is also the executive producer of the animated series Street Credibles (2018–2019).
Ross has also authored two books, “Freeway Rick Ross: The Untold Autobiography” and “Freeway Rick Ross-The Life Story of the Original Kingpin.”
In his books, he talks about his personal experiences while dealing drugs and being in prison.
He also regularly gives interviews with popular media outlets such as CNN, The New York Times, Vice, and others.
Freeway Rick Ross net worth is an amazing accomplishment and a reminder of how far hard work and dedication can take you.
He went through many legal challenges to become the man he is today.
His incredible success story has inspired countless others not to be afraid to chase their dreams and take risks when the time is right.
Ross’s net worth teaches that no matter where you come from or what obstacles you face, anything is possible if you put your mind to it.
Ultimately, his success should serve as motivation so that with focus and grit, any goal can become a reality.