Master P, whose real name is Percy Robert Miller, is a famous American rapper, entrepreneur, actor, and former basketball player. He is widely known for his contributions to the hip-hop industry and his success as a businessman. In this article, we will explore Master P’s net worth, early life, rise to fame, business ventures, and how he achieved an empire worth millions of dollars.
Master P’s Net Worth 2025
From his humble beginnings in New Orleans, Louisiana, to building a multi-million dollar empire, Master P’s story is one of hard work, perseverance, and determination. As per the latest reports, Master P’s net worth is around $202 million. Once his net worth peaked at around $350 million.
Early Life
Master P was born on April 29, 1970, in New Orleans, Louisiana, in a neighborhood known as the Calliope Projects. Growing up in a poor and challenging environment, life was not easy for Percy. His family faced financial struggles, and he had to deal with the difficulties of living in an area with high crime rates. However, he was determined to make a better life for himself and his family.
Master P was the second of five children in his family. His mother, Sonya Miller, worked hard to take care of them, while his father, who was a drug addict, was absent for most of his childhood. Despite these challenges, Master P always had a strong sense of ambition. He attended several schools in New Orleans, and eventually, he earned a basketball scholarship to the University of Houston. However, he later transferred to Merritt College in Oakland, California, where he decided to focus on his studies in business administration.
Starting His Career in Music
Master P’s journey into the world of music began in the early 1990s. He moved to Richmond, California, and opened a small record store called “No Limit Records.” In addition to selling records, he used the store as a platform to launch his music career. In 1991, Master P released his first album titled “Get Away Clean,” but it didn’t gain much attention.
Despite this, Master P did not give up. He continued to work hard and release more music. In 1994, he released his album “The Ghettos Tryin’ to Kill Me!” which began to gain some recognition. This marked the beginning of his rise in the hip-hop world. However, it was his 1996 album “Ice Cream Man” that truly made him a star. The album featured the hit song “Mr. Ice Cream Man” and helped Master P gain widespread fame.
But what really set Master P apart from other rappers at the time was his business savvy. Instead of relying on major record labels, Master P ran his own independent label, No Limit Records. This gave him control over his music and allowed him to keep more of the profits. This business strategy was unusual at the time but proved to be very successful.
The Success of No Limit Records
In the late 1990s, No Limit Records became one of the most successful independent music labels in the United States. Master P signed many talented artists, including Mystikal, Mia X, and Snoop Dogg. The label released music at a fast pace, and Master P became known for his unique style, combining Southern hip-hop with business success.
At its peak, No Limit Records was releasing several albums each year, and the label earned millions of dollars. Master P himself became a millionaire and built a reputation as one of the most successful figures in hip-hop. He also worked as a producer for other artists, expanding his reach and influence in the music industry.
Business Ventures
Master P’s success didn’t stop with music. He was a forward-thinking businessman who saw opportunities outside of the music industry. Over the years, he has started and invested in many different business ventures. Some of his successful ventures include:
- Film and Television: Master P started his own film production company, No Limit Films, and acted in several films. He produced movies like “I Got the Hook-Up” (1998), which became a hit among hip-hop fans.
- Clothing Line: Master P launched a clothing line called “P. Miller” that sold sportswear and casual clothing. The brand was popular in the late 1990s and early 2000s.
- Food Products: Master P expanded his business to include food products. He created a line of pancake mix and syrup called “Uncle P’s,” as well as a snack brand called “Rap Snacks.”
- Real Estate and Other Investments: Master P has also invested in real estate, and he owns several properties. He has diversified his investments in various industries, which helped grow his wealth.
Because of his diverse business ventures, Master P’s net worth peaked at around $350 million. Even as the music industry changed, he continued to make smart business decisions and expand his empire.
As of 2025, Master P’s net worth is estimated to be around $200-210million. While his wealth may have decreased from his peak, he is still considered one of the wealthiest rappers and entrepreneurs in the world.
Family Life
Master P has a large family. He married Sonya Miller in 1989, and together, they had seven children. His son, Romeo Miller (also known as Lil’ Romeo), is a well-known rapper and actor. Romeo became famous in the early 2000s with his hit songs and appearances on TV. Master P’s other children, such as Cymphonique Miller and Mercy Miller, have also pursued careers in music and sports.
Sadly, Master P’s daughter, Tytyana Miller, passed away in 2022 at the age of 29. Her death was a heartbreaking moment for the family. Despite the ups and downs in his personal life, Master P remains close to his family and is dedicated to supporting his children’s careers.
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Philanthropy and Giving Back
Master P believes in giving back to his community. He has started several charity initiatives, including the P. Miller Youth Centers, which help young people stay out of trouble and get an education. He has also donated to many causes, including helping the homeless and providing scholarships to students in need.
He continues to support his community and often speaks out about the importance of education and financial independence.
Conclusion
Master P’s story is one of incredible success. From growing up in a tough neighborhood in New Orleans to building a music and business empire, he has shown that hard work and determination can lead to great things. Today, Master P is not only known as a successful rapper but also as an entrepreneur who has built a lasting legacy in the worlds of music, business, and entertainment. Master P’s net worth, now around $202 million, is a testament to his drive and ability to succeed in various industries.
