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Richest Music Producer
Master P, chief executive officer of No Limit Records, based in New Orleans, LA, USA, is estimated to have a net worth of $56.5 million. He got into college on a basketball scholarship, but injured himself so he set up an independent record store in California called No Limit Records with an inheritance of $10,000 from his grandfather. He is also a rapper; his song, "I'm Bout It, Bout It" is one of his most famous songs. Master P caused a stir in the hip-hop world in March 1998, when well known rapper Snoop Doggy Dog defected from Death Row records to join No Limit Records.
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