Instead, he cites: owning a home.
"I guess my biggest accomplishment would be to purchase some real estate in the Bronx ... to have something to fall back on a rainy day," Slick Rick, who's now a landlord, said in a recent interview.
He was released in 1994, fulfilled his probation requirements and resumed his rap career. However, in 2002, he was arrested again, this time for a 1997 Immigration and Naturalization Service warrant that had not been pursued earlier.
He spent a year and a half in jail before a judge allowed his release in 2003, saying that the Bureau of Immigration Appeals denied Walters' due process when it issued the warrant. But Homeland Security officials continued the case and he remained under threat of deportation, despite living in the United States since he was a child.
Earlier this year, New York Gov. David Paterson pardoned Slick Rick for his crime. While Paterson's pardon appears to have lifted the legal cloud over him, Slick Rick noted that he's still not in the clear.
"We're in a better position that we was before. We have a couple of hurdles that we have to go through, just clarifying everything with the immigration people," he said. "Other than that we're just on standby to see what the board does from this point forward."
While being a landlord is Slick Rick's occupation, he still considers rap his full-time career. He says he performs once or twice a week. At the "VH1 Hip-Hop Honors," which premieres 10 p.m. EDT Monday (and through the week) on the cable network but was taped Thursday, he performed one of his most popular songs, "Children's Story," while being feted by rappers like Busta Rhymes and Fabolous.
Other acts honored for their groundbreaking work were Too Short, Cypress Hill, De La Soul and Naughty By Nature. There was a special tribute featuring Scarface, Chuck D and Flavor Flav, Mos Def and singer Estelle for Isaac Hayes, one of rap's more sampled musicians. He died in August.
Slick Rick, who hasn't released an album of new material in 13 years, says he hopes to put out an album soon, as long as the circumstances are right.
"I've been through a lot of record labels and getting ripped off and end up owing the taxman money that you didn't earn, so it's been a long struggle," he said.
His legal woes have also been a long battle as well.
But he remains philosophical, and not bitter, about his life.
"Some things are out of your control," he said. "As long as you're a good person, and you know in your heart that you're a good person, then you just leave it to faith and whatever happens. That's the best way to look at things like that and that's how you hold your head (up)."
Hip-hop pioneer 'Slick Rick' pardoned by governor
May 25, 2008 3:00 am PDT
ALBANY, N.Y. (AP) Pioneering rapper Ricky "Slick Rick" Walters, who spent more than five years in prison on a 1991 attempted murder conviction and faced threats of deportation years after rehabilitating his life, was granted a full ...
Rapper "Slick Rick" granted pardon by NY governor
May 23, 2008 3:00 pm PDT
New York Gov. David Paterson has granted British-born rapper "Slick Rick" a full and unconditional pardon for attempted murder and weapons convictions to help him avoid deportation. The rapper, whose real name is Ricky Walters, served six...
Rapper still fighting deportation
Oct 18, 2006 3:37 pm PDT
Rapper Ricky "Slick Rick" Walters is a married man, a father of two, a taxpayer. Across the last decade, he's earned another distinction: the focus of a long-running legal fight with federal officials who want him deported for a crime comm...
Nov 10, 2003 3:00 pm PST
Rapper Slick Rick, whose real name is Ricky Walters, was finally released from a Bradenton, Florida, INS detention center on Friday (November 7) after 17 months of incarceration. Slick Rick was granted his freedom by Judge Kimba Wood of th...
Rapper 'Slick Rick' Released From Jail
Nov 8, 2003 7:25 am PST
Rapper Ricky "Slick Rick" Walters said he still can't believe he was freed from jail Friday, more than 17 months after U.S. officials moved to deport the British-born music star and locked him up. Walters boarded a plane at Fort Lauderda...