Roddy Ricch, the 25-year-old Compton Native rapper, has collected a net worth of $20 million as of 2024. Most of his income was from the music industry, but he diversified his source with different strategic investments. His major earning sources are selling music albums, writing songs, streaming on YouTube and Spotify, live concerts, and investments in real estate and stocks.
Since his career started, he has given many top hits albums and tracks. He won awards and nominations, which evidenced his influence and recognition in the music industry. Beyond his music mindset, he also made wise investment moves, showcasing his forward-looking wealth accumulation strategy.
| Real Name | Rodrick Wayne Moore Jr |
| Nick Name | Roddy Ricch |
| birthplace | Compton, CA, USA |
| Date Of Birth | 22 October 1998 |
| Age | 25 Years |
| Height | 170 cm |
| Profession | Rapper, Singer, songwriter |
| Nationality | American |
| Net Worth | $25 Million |
Here, we will discuss everything you need to know about Roddy Ricch Net Worth and how quickly he built a million-dollar net worth.
Summary
- Roddy Ricch is a famous American rapper with a net worth of $25 million.
- Roddy Ricch is 25 years old and was born in Compton, CA, USA.
- Rapper Roddy Ricch makes money from a variety of sources including album sales, music concert, sponsorship, Business Ventures, Property and assets, endorsement and music royalties.
Who is Roddy Ricch And Why is He Popular?
The real name of Roddy Ricch is Rodrick Wayne Moore Jr. He is a famous American rapper born on October 22, 1998 (age 25 years), in Compton, California, United States.
6 Interesting Facts about Roddy Ricch You Should Know
- Roddy Ricch’s breakthrough single “The Box” topped the Billboard Hot 100 for 11 consecutive weeks in 2020, becoming one of the biggest hits of the year.
- He won his first Grammy Award in 2020 for Best Rap Performance as a featured artist on Nipsey Hussle’s “Racks in the Middle.”
- Roddy is known for his unique vocal style, often incorporating melodic “ee-err” ad-libs that have become his signature sound.
- His debut studio album “Please Excuse Me for Being Antisocial” debuted at number one on the US Billboard 200 chart in 2019.
- Despite his young age, Roddy has collaborated with numerous high-profile artists, including DaBaby, Mustard, and Post Malone.
- He’s been open about his past struggles, including serving time in county jail as a teenager, which he credits as a turning point that led him to focus on his music career.
How Much is Roddy Rich’s Net Worth?
Roddy Ricch, a young American rapper, has a net worth of $20 million as of 2024. He has released many popular singles, collabs and albums which remain on the top for various weeks. His net worth derived from different sources, such as from music career and other strategic investments.
Here is a quick chart of Roddy Ricch’s Net worth:
| Category | Details |
| Net Worth | $25 million |
| Monthly Income | $36.1K -$47.8K (Estimated) |
| Yearly Income | $464.6K (Estimated) |
| Properties and Assets | 1 (Including mansion, real estate) |
| Cars Owned | 5 (Including Ferrari, Lamborghini, Rolls-Royce) |
| Business Ventures | Beverage line, real estate investments |
| Endorsements | Deals with major brands |
| Investments | Stocks, Real estate |
| Touring Revenue | Significant amount |
| Music Royalties | Albums, singles, music writing, and collaborations |
During his short music industry career of only 7 years, Roddy Ricch worked with many famous rappers. His collaborations not only generated income for him, but also assisted in increasing fan following.
Roddy also has a business mindset, showcased by his real estate investments in Compton and stock investments in Amazon, Apple, and Microsoft Corporation. These investments not only generated revenue but also guaranteed future income.
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What are Roddy Ricch’s Sources of Income?
Roddy Ricch has different sources of income. The young rapper made money by selling singles, selling merch, writing songs, royalties, endorsements, shows, streaming and selling albums. He also started a beverage company and invested in real estate and stocks.
At just 25 years old, Roddy Ricch has achieved remarkable success. His career trajectory promises even more accomplishments in music and business.
Here is a detailed discussion of how Roddy Ricch made money-
How Roddy Ricch Makes Money?
#1. Music Career
He began his musical journey very young after being inspired by Lil Wayne and Meek Mill. Roddy is enjoying a successful career in the music industry.
He remained top with two platinum studio albums, including “Please Excuse Me for Being Antisocial” and the Diamond single “The Box.” He is enjoying good fame in the Music Industry. He collaborated with Spotify and earned millions of dollars from Spotify streaming.
#2 Strategic Investments
His journey to a million-dollar net worth is not only from the music. He diversified his income by making strategic investments.
In May 2021, Roddy participated in a one-million-dollar pre-seed investment round into engineers. This wise move shows his understanding of taking opportunities. He also ventured into real estate and other projects.
#3 Beverage Industry Investments
Roddy Ricch also started a Beverage company, Vida. He set his aim to earn $100 million from this business and the major goal is to reach $1000 million.
#4 Stocks Investments
Roddy also invested millions of dollars in three well-established companies. He purchased shares of Amazon.com, Apple and Microsoft Corporation.
#5 Sales
Roddy’s record sales have significantly boosted his net worth. His debut album “Please Excuse Me for Being Antisocial” became the highest-charting song worldwide. It remained number one on the US Billboard Hot 100 for eleven weeks.
Irrespective of the US, it also remained at the top charts in Canada, New Zealand, Hungary, the UK, and Ireland. It received critical acclaim, with praise for Ricch’s vocal delivery. The Song was used for more than 2.4 million videos on TikTok in 2020.
His other single “The Box” was also the biggest song of the first half of 2020. Its 4.7 million units were sold as of July 2, 2020. This song received billions of streams across different platforms.
#6 Concerts & Tours
Concerts and tours also contributed substantially to his income. He performs rap music and hip-hop. Roddy Ricch also offers to book for corporate events, personal appearances and other live performances. His dynamic performances and immense popularity have made him the priority for live concerts and tours.
Roddy Ricch usually charges between $40000-$50000 for a performance in a concert. He has more than 31500 listeners worldwide, and the rapper knows how to entertain audiences. The fans love to listen to him and have paid thousands of dollars to see Roddy Ricch live.
#7. Business Ventures
Besides his music career, Roddy Ricch also invests in different businesses. He has started his beverage company, which brings him a lot of income.
His company, Vida, is set to make over $100 million after it has fully come into action. His goal is to make $1000 million from this company. The young rapper looks more serious about investing in businesses and thinking outside the box to become financially strong.
The young rapper also invested in commercial real estate. He is committed to giving back to his community as he invested in his native Compton venture, too. Roddy invested in commercial real estate projects in Compton to bolster his fortune.
Furthermore, Roddy has also invested in the stock market. He diversified his investment by investing in the world of stocks.
According to the latest reports, he purchased 10,000 shares of Apple Inc. worth $2.5 million. Two other stock investments include 5000 shares worth $4.5 million for Amazon.com Inc. and 7500 shares worth $3 million for Microsoft Corporation.
These investments in well-established companies show his awareness of financial stability. He is expected to earn a lot from these investments in the future.
#8. Real Estate Investments
Roddy Ricch is taking an interest in different real estate projects. The biggest news in 2021 was that he bought a house in Beverly Hills for $5.6 million. The property is famous for its stunning views and luxurious amenities.
Roddy Ricch’s salary
Roddy Ricch’s annual salary and income are above $4 million, earned from music and other ventures. Now, his major income sources are sales of music albums, streaming, collaborations and live performances. Furthermore, he is also doing endorsements, sponsorships, and brand promotions.
His income comes from different streaming platforms such as Spotify, YouTube, SoundCloud, and Apple Music.
- In 2023, Roddy Ricch made around $1.5 million from YouTube. His channel has over 6.25 million subscribers and collected 2.5 billion views last year.
- Roddy is also earning a handsome figure from Spotify. His average monthly income from Spotify is $480 thousand based on 96,015,620 streams. In 2023, Roddy Ricch made over $5 Million with Spotify based on 1.007,447,771 streams.
Roddy Ricch Net Worth Growth By Year
Over the year from 2018 to 2023 the average year over year growth Rate of Roddy Ricch’s net worth is 8.04%. Following table shows the year and net worth amount of Roddy Ricch.
| Year | Net Worth |
| 2023 | $25m |
| 2022 | $23m |
| 2021 | $21m |
| 2020 | $19m |
| 2019 | $18m |
| 2018 | $17m |
Roddy Ricch’s Early Life & Biography
Roddy Ricch born on October 22, 1998, in a Christian family in Compton, Las Vegas, California. He gets his early education till high school in Compton. Rapping was his passion; he started it at a young age when he was only eight (8).
When he was 12, he performed in the at the time rising artist and fellow Compton native. At age 16, he began making his beats. He also remained a member of the Park Village Compton Crips. He has two “C”s tattooed, symbolizing his gang affiliation.
Roddy Ricch’s Education
Roddy only has an education up to the high school level. He got his education in Compton, and after that, he started his music career. He doesn’t have any college degree. He focused on his music career at a young age, starting to rap when he was 12. Roddy Ricch joined the local music group after leaving high school and gained prominence afterward.
Roddy Ricch’s Family Details
Unfortunately, there are not many details about his family. No one knows about his parents or siblings. His grandmother raised him. He lived with different family members in different parts of America.
It’s known that he grew up in a Christian household. His mother played a significant role in raising him, and he’s often expressed gratitude for her support and guidance.
There are only details that he is of African-American ethnicity and belongs to the Christian faith. He is not engaged or married, but he is dating Allie Kay. The couple also has a son, who was born in 2020.
Roddy Ricch’s Impact and Influence on Music Industry
The young rapper has a good impact on the music industry. His unique style and music hits make him one of the most-liked musicians in the Industry. He knows the art of creating the best storytelling, relatable lyrics, and catchy melodies.
Roddy Ricch’s live concert
He can influence the listeners with a deep emotional level. His music is full of versatility, which connects deeply with the emotions of listeners from various backgrounds.
Social Media Following And its Impact
Roddy is among the most influential musicians in the world, and he has a very strong fan following on social media platforms. His social media fan following is increasing fast.
However, in recent reports by the end of 2023, fan following details on different social media platforms are as follows:
| Social Media | Followers/ Subscribers |
| 3.8m | |
| 7.2m | |
| 5.8m | |
| YouTube | 6.9m |
Collaboration With other Artists
We cannot deny that Roddy Ricch also earned a lot through collaborations. During his career, he collaborated with different artists who played an important role in building his career.
Among his top collaborations with top influential artists include:
- One of the most important was with the late Nipsey Hussle on” Racks In the Middle.” It earned great recognition for both artists.
- Roddy also made collaborations with several heavyweight artists. “Rockstar” with DaBaby was marked as the second No. 1 song. This song also earned a Grammy nomination.
- “The Woo” with Pop Smoke and 50 Cent was also a significant collaboration that helped him align with Hip Hop royalty.
- His collaboration with Kanye West “Pure Souls” was a surprise, but it contributed a lot in both artists’ careers.
Roddy Ricch’s Awards and recognition
Roddy Rich achieved remarkable success in his career. He won many remarkable nominations and awards during his career.
- Roddy earned nine Grammy nominations and won the best rap performance for “Racks in the Middle.”
- Ricch’s hits “Rockstar and “The Box” received three-time Grammy nominations for each. His song “The Box ” is in contention for Song of the Year. He won an American Music Award and secured two BET Hip Hop and BET Awards.
- “Please Excuse Me for Being Antisocial” is included in the Album of the Year list. Furthermore, Apple Music also honored the young musician with Album and Song of the Year in 2021.
These achievements show his impact and recognition in the world’s music industry.
Conflicts & Legal Issues
Ricch’s legal journey highlights conflicts in his personal and professional life, contributing to the complexities of his public image.
The major conflicts and legal issues are:
- Legal troubles surrounded Ricch in August 2019 when Roddy was arrested for domestic violence against his girlfriend, Allie Minati. Charges were dropped due to insufficient evidence.
- In June 2022, Ricch faced more legal issues when arrested on weapons charges near Citi Field. Law enforcement found a loaded firearm, ammunition, and a large-capacity magazine. Charges were criminal possession of a weapon and a large-capacity ammunition feeding device.
Partial Thoughts on Roddy Ricch’s Net Worth
Roddy Ricch’s rapid rise in the music industry has solidified his influence as a rapper and put up to his net worth of $25 million. His financial success stems from several income streams, including album sales, streaming, live concerts, and strategic investments.
His business ventures, such as starting a beverage company, Vida, real estate investments, and stock investment, showcase his forward-thinking approach.
FAQs on Roddy Ricch’s Net Worth
What is Roddy Ricch’s primary source of income?
Roddy Ricch has several income sources, contributing millions of dollars each year to his net worth. He earns money from selling music albums, writing songs, performing in live concerts, and business ventures. He also invested in real estate and stocks.
How much does Roddy Ricch charge?
Roddy Ricch is one of the most influential rappers in America. Thousands of fans want to see him live performing rap or Hip Hop. Usually, Roddy charges between $40,000 to $50,000 for a live concert.
How much does Roddy Ricch make from Spotify?
The income figure from his collaboration with Spotify is increasing fast. However, in 2023, he earned $5 Million. Typically, his monthly income from Spotify is between $450 thousand- $500 thousand.
How does Roddy Ricch engage with his Fans?
Roddy has different mediums to keep him engaged with his fans. He has accounts on major social media platforms, Twitter, Facebook, YouTube, and Instagram. The young rapper keeps fans engaged on these accounts about upcoming plans or events.
Why did Roddy Ricch Deactivate his Social Media?
He shared a 30-second clip of his new track, “Out of My Mind,” on Instagram and Twitter in 2022. But it was criticized by the audience, Roddy deactivated his social media to prevent further negative criticism.
