Master P's Net Worth (Updated 2022) | Wealthy Gorilla

Net Worth:	$200 Million
Age:	55
Born:	April 29, 1970
Gender:	Male
Height:	1.91 m (6 ft 3 in)
Country of Origin:	United States of America
Source of Wealth:	Entrepreneur
Last Updated:	Feb 18, 2026

Introduction

Master P is an American entrepreneur, record producer, actor, and philanthropist with an estimated net worth of $200 Million.

He also created the record label No Limit Records, which was relaunched as New No Limit Records with the acquaintance of Universal Records and Koch Records. New No Limit Records was again founded as Guitar Music Entertainment.

Presently, it is known as No Limit Forever Records. Having gained immense popularity in his musical career, Master P is also the CEO of P. Miller Enterprises.

Early life

Percy Robert Miller was born on the 29th April, 1970, in New Orleans, Louisiana.

He was born in a neighborhood that was famously known for its high crime rates. His parents got divorced when he was very young and he was raised by his birth father along with his four siblings.

The house in which Master P was raised in was packed with people, and their fridge always remained empty. He also went onto say that he was always hungry as he was deprived of food.

His life took a turn when he had seen that one of his neighbors who had been an insurance salesman had now returned into the neighborhood with a brand-new Mercedes. This is when the idea of being an entrepreneur struck his mind.

He started his small business when he was in high school by selling cell phones. He said that no one in his family was able to secure a job for themselves. The same thing happened to him but he created a job for himself.

Master P went up to college to study business. At that point in time, his grandfather passed away and he received $10000 from his grandfather. This money was used by him to start off a business in a very small way.

Career

In the early ’90s, Master P started producing records under his own label No Limit Records.

This he did with the help of $10000 which he had received from his grandfather.

In Richmond California, he also owned a small record store; where he kept his own records under the label No Limit Records. The store gained immense popularity in the year 1990 after artists like Snoop Dogg and Silkk the Shocker worked in it.

After this grand success Master P’s rapping career took a great turn.

He kept on releasing record after record. As soon as his career developed he started developing his business by using his investments.

In order to keep increasing his net worth, Master P founded businesses dealing with clothes, film productions, a television network, and a real estate firm.

He also owns to his credit the title of a basketball player and also an acting career. No Limit Records has been renamed and songs have been changed in various different ways. Therefore, it has been relaunched several times.

Now that he has set up his business in a proper manner he has put his sons in charge of the label No Limit Forever Records. Two of his sons Valentino and Romeo are in charge of the relaunched album.

Apart from this, Master P, who is a hard-working person, has also taken to performing on the stage.

In the year 2015 one of his albums, named Empire, got released. The sum which has been earned from the sales of this album went towards children and families in need.