Bobby Rice was born Sept. 21, 1949, in Shreveport, to the late Esther Bell and Roosevelt Rice. Bobby accepted Christ at an early age. He was baptized at New Light Missionary Baptist Church in Minden.
Bobby completed his formal education at Webster High School. He obtained his Bachelor of Science in Business Degree from Southern A&M University in Baton Rouge, on Jan. 26, 1971, where he majored in accounting.
To serve his country, on May 1972, he enrolled in Naval Officer Candidate School (OCS) in Newport, R.I. This was during the height of the Vietnam Conflict. His highest achievement was completing the requirements for driving a ship in Surface Warfare Officer School. He was one of 500 plus black officers to serve in the United States Navy at the time.