Master P, real name Percy Robert Miller is a 49-year-old American rapper, actor, former basketball player, record producer, businessman and philanthropist. He was born and raised in the Calliope Projects in New Orleans.
Master P played on the Warren Easton High School basketball team and went on to major in business administration at Merritt College in California. He inherited $10,000 from his grandfather’s passing as a malpractice settlement.
Using part of his inheritance, Master P opened “No Limit Records” in Richmond, California. This acted as the foundation to setting up his own record label of the same name, which brought him fame in abundance and made him very rich.
Master P Net Worth
Master P came from a well off family; evidenced by the $10,000 he received as an inheritance from his grandfather’ demise. With hard work and surprisingly sharp business acumen, he was able to parlay the $10,000 seed money into his current net worth, which Forbes estimates to be at least $250 million!
Master P is fond of all things expensive, and cars are no exception. He lives in a lavish mansion whose location remains undisclosed to the public. His garage is home to luxury brands including Escalade, Bentley, Jaguar, Porsche, Chevy, Impala and of course the ultimate status symbol of all hip-hop musicians, the Rolls Royce.
One of the first rappers to build such a mighty financial empire, he made most of his money from shrewd investment decisions. Master P invested in a wide range of business interests such as a footlocker retail outlet, a travel agency, film, the stock market, television production, a jewelry line, car rims, fast food franchises, and clothing among others.
He owns a sports management agency -‘No Limit Communications’. ‘PM Properties’ – his real estate investment company controls over 100 properties across the US.‘No Limit Enterprises’ – his conglomerate company is a financial powerhouse grossing $110 million in 1998 alone.
An example of the business acumen that is Master P is the distribution deal with Priority where No Limit Records would retain 100% ownership of their master recordings and keep 85% of their record sales. Master P went on to make hundreds of millions of dollars from this deal.
A successful marketing strategy employed by Master P consists of branding all his albums, ensuring that the No Limit brand name carried more significance than the artist’s name.
Master P Family
Master P. married Sonya C in 1989 and divorced her in 2014.
He has seven children with Sonya including Romeo and Cymphonique Miller, and two more children from a past relationship.
Master P is the oldest among five children, sister Germaine and brothers Kevin, Corey and Vyshonne.
Master P Music Career
Master P changed his ‘No Limit’ record store into a music label ‘No Limit Records’. His debut album titled ‘Get Away Clean’ released on February 12, 1991 under his new record label ’No Limit Records’. However, it was in 1994 that his 3rd album ‘The Ghettos Tryin to Kill Me’ and his 1995 association with TRU that began his rise to fame.
September 2, 1997 saw his breakthrough album titled ‘Ghetto D’ sell over 761,000 copies and later certified as triple platinum. The album contained Master P’s highest charting single MakeEm Say Uhh!nominated for ‘Best Rap Video’.
Record label ‘No Limit Records’ re-launched as ‘New No Limit Records’ with Universal Records and Koch Records as partners. ‘New No Limit Records’ was once again relaunched as ‘Gutter Music Entertainment’. The label underwent yet another re-brand now known as ‘No Limit Forever Records’.
Master P won five Grammy’s, three American Music, VH1, MTV and BET awards.
Master P Filmand Movies
Master Phas appeared in various television shows and feature films since 1997, including ‘Gone in 60 Seconds’, ‘I Got the Hook Up’, ‘Soccer Mom’ among others. He dabbled in wrestling leading a group called the No Limit Soldiers in World Championship Wrestling.
Miller also appeared in ‘Romeo!’ with his son Romeo on Nickelodeon. He was the first rapper to establish a television network when he founded Better Black Television in the year 2010. The network’s mission was to promote positive and empowering content, geared towards the average African American individual.
Master P Writing
Master P released his first book, Guaranteed Success on September 1, 2007.
Master P Philanthropy
Master P gives back to the community via the P.Miller Youth Centres and the P.Miller Food Foundation for The Homeless.
All proceeds from the sale of his album ‘Empire’ released in 2015 went to disadvantaged children and families in need. Master P collaborated with the 504 Boyz to release their last album titled ‘Hurricane Katrina: We Gon Bounce Back’ dedicated to the victims of the Hurricane Katrina.
|Biography & Facts|
|Born:||29, April 1970|
|Profession:||Record Producer/ Actor/ Businessman/ Philanthropist|
|Net Worth:||$250 million|
|Eye Color:||Dark Brown|
|Height:||6.3ft or 193cm|
|Weight:||100 kg or 220.5lbs|
|Affair with:||Brittany Bell, Kim Kardashian, Amber Rose, Heidi Klum and more|
|Children:||9 (Inty, Young V, Hercy, Veno, Tytyana, Cymphonique, Itali, Mercy, Romeo)|