Ronald Slim Williams Net Worth
Ronald "Slim" Williams Net Worth and salary: Ronald "Slim" Williams is a Louisiana-born producer and entrepreneur who has a net worth of $100 million. Also known as "Slim tha Don" or "The Godfather," Williams is best known for co-founding the record label Cash Money Records along with his younger brother Bryan Williams (also known as Birdman). Ronald plays an incredibly active role in the production of Cash Money's various albums, and he has served as an executive producer on almost all of its releases.
Cash Money has been estimated to be worth about $300 million and was formed in 1991. Other artists who have been signed with Cash Money Records include Paris Hilton, Mystikal, Young Thug, Juvenile, Christina Millian, Robb Banks, Young Greatness, and more. In contrast to his younger brother Bryan, Ronald tends to steer clear of the media spotlight. Little is known about his personal life, although he was featured in CNBC's documentary "Newbos: The Rise of America's New Black Overclass." Ronald also appeared in an episode of "Behind the Music" in 2009.
Early Life: Ronald Williams was born on May 23rd of 1967 in New Orleans, Louisiana. While his brother Bryan was always intent on pursuing a career as a rapper, Ronald veered towards a more "behind-the-scenes" role as a business operator and executive from a young age. Williams grew up in the infamous "Third Ward" neighborhood of New Orleans, an area known for gang violence. Both Bryan and Ronald learned the principles of running a business from their father, who operated a grocery store.
Career: In the early 90s, Ronald and Bryan co-founded Cash Money Records. By the end of the decade, the label had become incredibly successful. Ronald and Bryan signed up-and-coming stars like the Hot Boys. One of the key members of the Hot Boys was Lil' Wayne, who would later go on to become one of Cash Money's most profitable stars. In 1999 alone, Cash Money Records had sold more than 9 million records.
Lil' Wayne has praised Ronald for helping him learn key life values, and he has described him as "like a father." Under Ronald's guidance, Cash Money Records adhered to strict principles. Artists are strongly encouraged to remain drug-free, and they are expected to display a strong work ethic.
Real Estate: In September 2012, Ronald made headlines when he purchased the largest home in South Florida for $7.15 million. Incredibly, he paid 100% cash for the property located within an ultra-exclusive Fort Lauderdale gated community. The residence spans 34,000 square feet, and it was the biggest house in the entire neighborhood of Weston when Williams purchased it in 2012.
One single room in the home spans 6,000 square feet. Other features include a wine room, a movie theater, both indoor and outdoor pools, and indoor tennis courts. While this transaction was intended to be a "hush-hush" real estate deal, the story soon got out and Ronald's wealth was put on center stage.
Legal Issues: In 2011, Cash Money Records was sued along with Lil Wayne, Universal Music Group, and Young Money Entertainment for $15 million over the Lil Wayne song "BedRock." The artist "Done Deal" alleged that the song had been stolen, and he aimed to receive compensation for copyright infringement.
Ronald "Slim" Williams
|Net Worth:||$100 Million|
|Date of Birth:||May 23, 1967 (54 years old)|
|Profession:||Record producer, Rapper, Businessperson|
|Nationality:||United States of America|