Rick Ross Sets Release Date for 'Hood Billionaire' Album

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Rick Ross performs at Club Nokia on August 14, 2013 in Los Angeles, California.

After teasing Hood Billionaire with his first single "Elvis Presley Blvd" on Monday, Rick Ross announced the release date for his forthcoming album.

Hood Billionaire is slated to drop on Nov. 24, making it the Bawse's second album of 2014.

Rick Ross Rules With Fifth No. 1 Album on Billboard 200

The rapper's seventh studio album comes six months after the release of Mastermind, which debuted at No. 1 on the Billboard 200 chart in March. Mastermind became Ross' fifth Billboard 200 No. 1, selling 179,000 copies in its first week (ending March 9), according to Nielsen SoundScan.

In the music video for "Elvis Presley Blvd," Ross rides around his Cadillac while a couple, disguised as Elvis Presley and Priscilla Presley, are on the run after a handful of bank robberies.