Rick Ross Explains Why He No Longer Owns Wingstop Franchises

BY Alexander Cole
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WNBA: Playoffs-Dallas Wings at Las Vegas Aces
Sep 24, 2023; Las Vegas, Nevada, USA; Recording artist and rapper Rick Ross performs during game one of the 2023 WNBA Semifinals between the Dallas Wings and the Las Vegas Aces at Michelob Ultra Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports USA TODAY Sports via Reuters Connect
Rick Ross was recently exposed by Hedge Fund Manager and Drake superfan Eric Jackson of not owning his Wingstop's anymore.

Rick Ross' wealth has been a hot topic of debate this past year. When he was spotted flying commercial, everyone had an opinion on it. Of course, this is because Ross has always flexed his private jet with pride. Eventually, the rapper revealed that he was getting the plane fitted with Starlink and needed to park it for a while. Regardless, his detractors responded with skepticism.

Recently, a Hedge Fund Manager by the name of Eric Jackson made a video detailing how Ross has relinquished ownership of his Wingstop restaurants. Jackson is a Drake superfan who became a content creator of sorts during the now-infamous Drake vs. everyone beef. Given this information, it's not a surprise he would look into Ross' finances.

Well, as it turns out, the video made its way back to Ross. On Instagram, the artist addressed all the chatter around his wealth and revealed that he sold the Wingstop franchises because he wanted to focus on stocks.

Rick Ross Reveals The Truth

Ross says stocks are able to build his wealth much faster, and are on a completely different level from the Wingstops. It's a plausible explanation, although there were fans in Akademiks' comments section who felt like this was another convenient excuse.

"Ain’t tryna be funny, but Ross always have an explanation. Dude need to be investigated," one person wrote. "He got a explanation for everything lol," another echoed.

Needless to say, there is a ton of skepticism surrounding Rick Ross right now, and the rapper is not having any of it. As it turns out, beefing with Drake turns the internet into the world's most parasocial pocket watchers.

About The Author
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!

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