Master P is presumably still very wealthy from his No Limit days.

But that hasn't stopped him from getting a very generous Sugar Mama.

P has been dating Simin Hashemizadeh, who is the CEO of a Beverly Hills medical facility, for a few months.

For Valentine's Day she went all out and bought her fellow a $270,000 white 2016 Rolls-Royce Ghost to match the black one P already has.

And that's not all. TMZ reports she also gifted him a $50,000 pair of diamond earrings.

The rich get richer ...