JAY-Z Crowned as Forbes' Wealthiest Hip-Hop Act of 2018Master P is a rapper master p net worth 2018 forbes is famous for the record label No Limit Records. He has also released more than a dozen albums and produced films that raked in millions of dollars. Through perseverance he managed to endure a challenging life of poverty and built up an empire of businesses outside of the music industry. With his hard-earned income Master P gave back to society through many charitable endeavors, some of which he did with his son Romeo Miller. His life of poverty propelled him to seek business opportunities to make ends meet.
Master P Net Worth | TheRichest
Master P is a rapper who is famous for the record label No Limit Records. He has also released more than a dozen albums and produced films that raked in millions of dollars. Through perseverance he managed to endure a challenging life of poverty and built up an empire of businesses outside of the music industry. With his hard-earned income Master P gave back to society through many charitable endeavors, some of which he did with his son Romeo Miller.
His life of poverty propelled him to seek business opportunities to make ends meet. His two years of taking a business major in college helped greatly in this endeavor. Through the store Master P learned about the demand for hardcore gangsta rap which was not being fulfilled by major record labels, thinking that the genre was unprofitable and dead. In he turned the store into a record label and released his first few albums under it albeit with minimal success. Albums were quickly made and the label was even able to come up with ten new releases under a single year.
Album covers looked incredibly cheap, and some of the songs were ripped off from currently popular titles, but that did not deter customers and hardcore rap fans from buying. Six years later he penned a contract with Priority Records which earned Master P money by the millions. He managed to build a mini-empire out of No Limit Records despite having an almost non-existent presence on radio or television. His business-oriented mentality made sure that he always planned for the future unlike the other wealthy artists who only thought about the present.
He tried his hands on a travel agency, gas station, clothing line, real estate firm, energy drink, and a phone sex business to name a few. Master P starred in and produced straight-to-VHS films through his studio No Limit Films, and some of the titles it released grossed millions. Later on he made appearances in movies such as Gone in 60 Seconds and Hollywood Homicide. No Limit Records sold millions of records and earned Master P spots in various rich lists. As the 90s came to an end the label faltered until filed for bankruptcy in The numerous lawsuits that plagued the label also contributed to its demise.
In he established a new label called Guttar Music Entertainment with son Romeo. The label managed to release seven albums and four straight-to-DVD films. Master P married singer Sonya C in Aside from this he has several other homes across different states. Monica Elementary School from closing down. The label focuses on hip hop songs sans the offensive lyrics and focuses more on positivity.
Proceeds were used to support underprivileged youth scholarships. These youth centers come with a library and gymnasium. At the same time his P. Miller Food Foundation for the Homeless helped those who are without a home.
The event taught kids various topics of interest such as education, recycling, respect, and avoiding gangs and drugs. The young ones were also given career guidance so they can easily plan for their future paths. To help better communicate with the children Master P and Romeo came up with the cartoon character Gee Gee the Giraffe.
The campaign sought to promote healthy eating and exercise to children and taught them to fight off obesity and unhealthy lifestyles. The event helped kids realize their potential through motivation and teaching of life skills. In Master P was the tenth highest paid entertainer in America as listed by Forbes. His induction in the Louisiana Music Hall of Fame in makes Master P the first ever hip hop artist to be given a spot there. Wednesday, May 2,