Rick Ross buys nearly 100 acres of land for $1 million

Rick Ross buys nearly 100 acres of land for $1 million
Rick Ross at the 2019 BET Hip Hop Awards (Photo credit: Norman Johnson for Steed Media)

Rick Ross has made an investment that could keep the “Hustlin'” rapper wealthy for a long time.

On Thursday, Oct. 22, 2020,  Ross posted on Instagram that he purchased 87 acres of land for $1 million, according to TMZ


The land, located in Fayetteville, Georgia, features two homes that could be used as living quarters or rental properties. Ross also could develop the land for a bigger real estate venture.

The land is near Ross’s primary home, which was once owned by boxing champ Evander Holyfield. Holyfield sold the property to a bank for $7.5 million in 2012, and Ross bought the mansion for $5.8 million.


The 54,000-square-foot mansion features 109 rooms, indoor and outdoor pools, a movie theater, and a bowling alley. The upkeep alone costs $1 million annually.

https://www.instagram.com/p/CGngP2tFsWC/

In an interview with rolling out in 2019, Ross shared his strategy for saving money when he first began a career in entertainment.

“I was blessed to go through the struggle, so when I got my first big check, I did not spend a coin for 11 months,” Ross revealed. “I just had my mind on something else. I just knew that I ate Ramen noodles long enough, and I did not want to go back to those noodles yet. So, once I got on, I stacked some [money] so I was in the position to try something new.”

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A.R. Shaw
A.R. Shaw is an author and journalist who documents culture, politics, and entertainment. He has covered The Obama White House, the summer Olympics in London, and currently serves as Lifestyle Editor for Rolling Out magazine. Shaw's latest book, Trap History, delves into the history and global dominance of Trap music. Follow his journey on TrapHistory.Com, Twitter @arshaw and Instagram @arshaw23.
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