Eyewitnesses tell TMZ that as many as 10 shots were fired during the incident at Westlake Recording Studios in West Hollywood, Calif.
The attack was a robbery targeting Rich, who was outside the studio at the time. Several members of his entourage was also attacked, with at least one bodyguard suffering from injuries after being badly pistol whipped.
When Rich the Kid put up a fight, three more men entered the home and began attacking the rapper as well.
When police arrived the scene, they said they saw three Black male assault victims, but failed to mention Rich The Kid as one of them.
It is unknown whether anyone was hit by the gun fire.
Hours before the attack, Rich posted a picture of himself holding a stack of cash standing in front of a Lamborghini with the caption "For motivational purposes only". Multiple gun shots were exchanged, and the assailant reportedly made off with cash and jewelry.
Other famous musicians such as Quincy Jones, Billy Idol, Missy Elliot, Madonna, Justin Timberlake and Marilyn Manson have also recorded music at the location.
Rich the Kid reached No 2 in the U.S. charts past year with his debut album The World is Yours, which featured the hit single Plug Walk.
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