Net worth: $250 million

Master P comes in at number five on this list not because of his rap career, but because of his unparalleled skill as a business man. Master P created a business empire. His investments include a Footlocker outlet, a phone sex company, and real estate investments. He also owns a sports management's agency, and a business conglomerate that made in 110 million dollars in a single year. But Perhaps P’s most impressive business feat was his deal with Priority Records, which allowed his label to maintain full ownership of their record masters, as well as 85% of sales on the records. At the end of the day, all you really need to know is that if Master P offers to manage your money, accept his offer immediately.