Rick Ross, the renowned hip-hop artist and entrepreneur, recently opened up about his extravagant lifestyle, particularly highlighting the immense costs of jet ownership and his insights into real estate investment. In a candid discussion, he emphasized the necessity of financial education for the younger generation, advocating for a shift in how they perceive wealth and success.
During a recent interview, Ross revealed that he owns a Gulfstream G550 private jet, a luxury that comes with substantial expenses, especially when it requires maintenance. He expressed his belief that young people should be educated about the realities of aircraft ownership, suggesting that understanding how to maintain such assets could pave the way for financial success. “If you can maintain a jet, you can create a company,” he stated, underscoring the importance of practical knowledge in achieving financial independence.
Ross also took a moment to reflect on the educational system, critiquing its failure to address significant societal issues, including racism. He noted that while formal education taught him subjects like social studies, it did not adequately prepare him for the financial and social realities of life. “They should have asked young hustlers what they desire and shown them how to achieve it,” he argued, emphasizing the importance of aligning education with real-world aspirations.
In addition to his thoughts on education, Ross shared valuable advice for budding entrepreneurs. He encouraged young people to learn hands-on skills such as roofing, plumbing, and electrical work, which he believes are crucial for building wealth. “There’s a lot of money in that,” he stated, pointing out that many opportunities in construction and home improvement remain untapped by the younger generation.
Ross’s remarks came on the heels of his announcement for the fourth annual Rick Ross Car Show, scheduled for June 7. Promoting the event, he encouraged fans to secure their tickets, promising an unforgettable experience featuring live performances from popular artists. However, while promoting his event, he seamlessly transitioned back to the topic of financial literacy, reiterating the need for practical financial advice in schools.
Reflecting on his own journey, Ross shared insights from his life experiences and his two New York Times best-selling books, which he encourages young people to read for guidance. He stressed the potential of leveraging student loans to invest in real estate, suggesting that if young individuals were instructed on how to use loans effectively, they could build significant wealth over time. “Imagine if that was the play you made when you were 17; right now, you’d be sitting on 100 homes,” he mused.
As Rick Ross continues to make waves in the music industry and beyond, his message remains clear: financial literacy and practical skills can empower the next generation to thrive in a challenging economy. His commitment to sharing knowledge, combined with his extraordinary lifestyle, positions him as not just a cultural icon but also a mentor for aspiring entrepreneurs.