From the Streets of Compton to the Top of Music Charts: Rapper Roddy Ricch's Ascent and Net Worth
Name | Roddy Ricch |
Net Worth | $20 Million |
Salary | $1,75,000 + |
Annual Income | $2 Million + |
Source of Income | Rapping, singing |
DOB | Oct 22, 1998 |
Age | 25 years old |
Gender | Male |
Profession | Rapper, singer, songwriter |
Nationality | American |
What is Roddy Ricch's net worth?
Standing out for his southern touch and introspective lyrics, rapper Roddy Ricch, born Rodrick Wayne Moore Jr. on October 22, 1998, is yet another artist straight out of Compton, with a $20 million net worth. He started rapping at the young age of eight and despite being a talented basketball player in school, he chose music and started recording tracks at the age of 16. Ricch delivered his first big hit "Die Young" in 2018 thanks to producer London on da Track, and then collaborated with Meek Mill. These projects set the stage for his ascent towards becoming one of the most influential young voices in hip-hop.
What are Roddy Ricch's sources of income?
Roddy Ricch's financial success is fueled by his talent, which brings in a salary, endorsements, business ventures, and the remarkable success of his music albums. He also secured his revenue stream by signing a deal with artist management firm Kobalt Music. Ricch has also made millions from streaming platforms such as Apple Music, having delivered most played tracks.
Roddy Ricch's salary
In 2020 alone, Roddy Ricch claimed earnings of $20 million, a substantial figure that underscores his immense popularity and commercial success. In that year, his song was streamed 455 million times, translating into a $45.5 million revenue. Ricch has also strategically invested a significant portion of his income in commercial real estate projects in his hometown of Compton to bolster his fortune.
Business ventures
Beyond the music industry, Roddy Ricch has ventured into the world of commercial real estate. His investments in his native Compton showcase a commitment to giving back to his community while securing his financial future.
Real estate and total assets
Speaking of real estate, in December 2021, Ricch acquired a lavish home in Beverly Hills for $5.6 million. Despite listing the property for sale at $6 million in November 2022, he accepted a slight loss and sold it for $5 million.
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Earnings growth by year
Year | Earnings |
2021 | $8 Million |
2022 | $15 Million |
2023 | $20 Million |
Social media following
Social Media | Followers |
7.1 Million Followers | |
3.7 Million Followers |
Personal life
Ricch's personal life has been marked by both triumphs and challenges. He became a father in 2020, sharing parenthood with model and businesswoman Allie Minati. Although he faced legal troubles in 2019 related to domestic violence, all charges were eventually dropped due to insufficient evidence.
Awards and recognition
BET Awards- Album of the Year title- "Please Excuse Me for Being Antisocial"
Grammy Award for Best Rap Performance for his collaboration on Nipsey Hussle's "Racks in the Middle."
FAQs
What is Roddy Ricch's primary source of income?
Roddy Ricch's primary source of income is derived from his successful career in the music industry, including album sales, streaming, and lucrative collaborations.
Has Roddy Ricch faced any legal issues?
Yes, Roddy Ricch faced legal issues in 2019, with charges related to domestic violence. However, all charges were dropped due to insufficient evidence.
How does Roddy Ricch engage with his community?
Roddy Ricch has invested in commercial real estate projects in his hometown of Compton, showcasing his commitment to community development.