Yo Gotti Net Worth
$100 million
As of 2024 Yo Gotti net worth of $100 million, is a renowned American rapper and producer, has established himself as a significant figure in the music industry. His musical journey includes the release of eleven studio albums, three of which have achieved gold certification, showcasing his talent and popularity among fans. Notably, Yo Gotti has received nominations at prestigious award shows such as the Soul Train Music Awards and the BET Hip Hop Awards, further solidifying his place in the music scene.
| Name | Yo Gotti |
| Source of income | Rapper, Songwriter, Record Executive |
| Net Worth | $100 Million |
Beyond his musical endeavors, Yo Gotti is also recognized for his role as the founder and CEO of Collective Music Group, a record label that has played a pivotal role in nurturing and promoting emerging talent. His leadership and vision have been instrumental in shaping the careers of many artists under his label. However, tragedy struck on March 29, 2023, when a shooting incident occurred at Privé Restaurant in Memphis, Tennessee. This restaurant, purchased by Yo Gotti for his mother, became the unfortunate site of the incident, highlighting the challenges and risks associated with his success and public profile.
Yo Gotti’s Net Worth and Income Sources
As of 2024, Yo Gotti’s net worth is estimated to be around $100 million, primarily stemming from his successful music career. His income sources include album sales, concert performances, and royalties from his music catalog. Additionally, Yo Gotti has diversified his income through entrepreneurial ventures, such as his record label, Collective Music Group (CMG), and investments in real estate.
These ventures have contributed significantly to his overall wealth, showcasing his business acumen and financial savvy. Overall, Yo Gotti’s diverse income sources and smart investments have helped him build a substantial net worth and establish himself as a prominent figure in the music industry.
How did Yo Gotti make his money?
Yo Gotti’s wealth stems from various sources, with his successful music career being a primary driver. His earnings come from album sales, streaming royalties, concert tours, and merchandise sales. As the founder of Collective Music Group (CMG), an independent record label, he also earns revenue from the success of artists signed to the label.
In addition to his music career, Yo Gotti has diversified his income through entrepreneurial ventures. He founded CMG as a platform to promote talented artists and has invested in real estate, acquiring and selling properties for profit. Endorsement deals and sponsorships with brands also contribute to his financial success.
Overall, Yo Gotti’s multifaceted approach to wealth generation, including his music career, entrepreneurial ventures, real estate investments, and endorsements, has allowed him to accumulate significant wealth and establish himself as a successful businessman in addition to a renowned artist.
Who is Yo Gotti?
Yo Gotti’s rise to fame is a story of perseverance and authenticity. Born Mario Sentell Giden Mims in 1981, he hails from the challenging streets of Memphis, Tennessee, where he cultivated his unique sound and style. Starting as Lil Yo, he released independent albums like “From Da Dope Game 2 Da Rap Game” and “Self-Explanatory,” which showcased his raw talent and gritty storytelling.
His music resonated with audiences, reflecting the realities of life in urban America. Yo Gotti’s authenticity and raw lyricism set him apart in the hip-hop scene, earning him a loyal following. Over the years, he has continued to evolve as an artist, collaborating with industry heavyweights and consistently delivering chart-topping hits.
Beyond his music, Yo Gotti is also a savvy entrepreneur, founding his record label, Collective Music Group (CMG), and making strategic investments in real estate. His success serves as an inspiration to aspiring artists and entrepreneurs, proving that with hard work and determination, anything is possible.
Personal Information of Yo Gotti
| Field | Information |
| Full/Real name | Mario Mims |
| Nickname | Yo Gotti |
| Birth date | May 19, 1981 |
| Birthplace | Memphis, Tennessee, United States |
| Nationality | American |
| Age (As of 2023) | 42 years old |
| Zodiac Sign | Taurus |
| Gender | Male |
| Ethnicity | African-American |
| Religion | Christianity |
| Sexual Orientation | Straight |
| Parents | Update Soon |
| Siblings | Update Soon |
| Marital status | Divorced |
| Spouse | Lakeisha Mims, Jammie Moses |
| Children | 2 |
| Famous For | As an American rapper |
| Eye color | Black |
| Hair color | Black |
| Height | 5’7″, 170cm |
| Weight | 72Kg, 159lbs |
| School | Tennessee High School |
| Education | Southwest TN community college |
| Profession | Southwest TN Community College |
| Record labels | Collective Music Group, Roc Nation, MORE |
Yo Gotti Early Life
Yo Gotti, originally named Mario Sentell Giden Mims, entered the world on May 19, 1981, in Memphis, Tennessee. The challenging environment of the Ridgecrest Apartments in the Frayser neighborhood of Memphis marked his upbringing. His father, hailing from Zimbabwe, worked as a gym instructor, while his mother was of South African heritage.
Growing up, Yo Gotti was surrounded by the harsh realities of crime. In a pivotal moment during his third-grade year, federal agents raided his family’s home, leading to the arrest and sentencing of some family members to up to 15 years in prison. Despite the difficult circumstances, Yo Gotti found himself drawn to a dangerous lifestyle, engaging in smoking, drinking, and stealing.
However, as he matured, Yo Gotti recognized the futility of his actions and the inevitable consequences they would bring. Motivated to change his trajectory, he shifted his focus to pursuing success. By the age of 14, he had already begun his musical journey, rapping, performing, and releasing music under the moniker Lil Yo, setting the stage for his future in the music industry.
Yo Gotti Education
Yo Gotti’s educational background is not extensively documented online. He likely attended a community school in Memphis, Tennessee, for his early education. While he appears to be well-spoken and knowledgeable, there is no definitive information about his college education or whether he pursued higher education. It seems that Yo Gotti may have opted to focus on his music career instead of pursuing a college degree, choosing to dedicate himself fully to his passion for music from a young age.
Yo Gotti Career
| Year | Event |
|---|---|
| 2000-2006 | Released albums “From Da Dope Game 2,” “Da Rap Game,” “Self-Explanatory,” “Life,” and “Back 2 da Basics” |
| 2012 | Released “Live From The Kitchen” after signing with RCA, marking a significant milestone |
| Late 2012 | Released the mixtape “Cocaine Muzik 7: The World Is Yours,” signaling a new chapter in his career |
| Early 2013 | Signed a distribution deal with Epic Records and announced seventh studio album “I Am,” well-received upon release in November 2013 |
| 2016 | Dropped eighth studio album “The Art of Hustle,” peaking at number four on the Billboard 200 chart |
| 2017 | Released ninth studio album “I Still Am,” featuring hit single “Rake It Up” with Nicki Minaj |
| 2020 | Released tenth album “Untrapped,” debuting in the top ten on the Billboard 200 chart |
| 2022 | Released eleventh studio album “CM10: Free Game” as a double-disc package, showcasing enduring impact in hip-hop industry |
Yo Gotti’s musical journey is a testament to his dedication and artistry in the hip-hop world. During this time, he released a series of albums under his new name, including “From Da Dope Game 2,” “Da Rap Game,” “Self-Explanatory,” “Life,” and “Back 2 da Basics.” However, it was his sixth album, “Live From The Kitchen,” released in 2012 after signing with major label RCA, that truly marked a turning point in his career.
Yo Gotti left RCA when “Live From The Kitchen” sold poorly, crushing his ambitions. His late 2012 mixtape “Cocaine Muzik 7: The World Is Yours” marked a new chapter in his musical career. Epic Records signed Yo Gotti to a distribution agreement in early 2013, and he released his seventh studio album, “I Am,” to great acclaim in November 2013.
More About Career
After the success of “I Am,” Yo Gotti released “The Art of Hustle,” his eighth studio album, in February 2016. The lead single, “Down in the DM,” peaked at number 13 on the Billboard Hot 100 and debuted at number four on the Billboard 200. Yo Gotti’s agreement with Jay Z’s Roc Nation label later that year solidified his music business dominance.
In 2017, Yo Gotti continued his winning streak with the release of his ninth studio album, “I Still Am.” The album featured the hit single “Rake It Up” with Nicki Minaj, which became his highest-charting track, peaking at number eight on the Billboard Hot 100. “I Still Am” was a commercial success, eventually achieving gold certification from the RIAA.
Yo Gotti’s musical journey reached new heights with the release of his tenth album, “Untrapped,” in January 2020. The album debuted in the top ten on the Billboard 200 chart and received praise for its collaborations with artists like Rick Ross, Estelle, and Megan Thee Stallion. As of 2022, Yo Gotti continues to captivate audiences with his eleventh studio album, “CM10: Free Game,” showcasing his enduring impact and influence in the hip-hop industry.
Yo Gotti’s Personal Life
Marriage to Lakeisha Mims: Lakeisha Mims, Yo Gotti’s first wife, kept her personal life private despite being married to the rapper. Their marriage was not highly publicized, and details about their relationship and divorce were scarce. They have two children together.
Privacy on Social Media: Unlike many celebrities, Yo Gotti chooses not to share family pictures or details about his personal life on social media. He values privacy, especially when it comes to his relationships and family.
Marriage to Jammie Moses: After his divorce from Lakeisha Mims, Yo Gotti married Jammie Moses, with whom he has three children. However, they had a short-lived marriage and eventually separated.
Balancing Privacy and Public Life: Yo Gotti’s approach to his personal life reflects a balance between his public image and his desire for privacy. While he is a public figure, he chooses to keep certain aspects of his life out of the spotlight, showcasing the complexities of relationships and personal choices in the world of celebrities.
Yo Gotti Entrepreneurial Ventures
Yo Gotti’s entrepreneurial spirit shines through in his ventures beyond the music industry. In 2016, he founded Collective Music Group (CMG), an independent record label that has become a platform for nurturing and promoting talented artists. Through CMG, Yo Gotti has not only expanded his influence in the music scene but has also created a successful business that adds to his overall net worth.
In addition to his record label, Yo Gotti has diversified his investments into real estate and various other business ventures. His foray into real estate includes buying, renovating, and selling properties, showcasing his acumen in the real estate market. These investments have not only been financially rewarding but also reflect his strategic approach to wealth management and business development.
Overall, Yo Gotti’s entrepreneurial ventures underscore his business savvy and ability to diversify his income streams beyond music. His success in various fields highlights his entrepreneurial prowess and cements his status as a multifaceted entrepreneur in the entertainment industry.
Yo Gotti’s Chart-Topping Hits and Successful Collaborations
Yo Gotti’s musical journey is marked by chart-topping hits and collaborations with industry giants. His single “Rake It Up,” featuring Nicki Minaj, soared to number 8 on the Billboard Hot 100 chart in 2017, cementing his position as a top-tier artist. This track not only showcased his lyrical prowess but also his ability to create catchy, memorable music that resonated with audiences worldwide.
In addition to his solo success, Yo Gotti has collaborated with a range of artists, further expanding his musical reach. Collaborations with icons such as Lil Wayne, T.I., and Megan Thee Stallion have showcased his versatility and willingness to explore different styles and sounds. These collaborations have not only produced hit songs but have also solidified Yo Gotti’s reputation as a versatile artist capable of creating impactful music across genres.
Overall, Yo Gotti’s chart-topping hits and collaborations underscore his musical talent and ability to connect with audiences. His ability to consistently deliver top-quality music has made him a respected figure in the music industry, with a legacy that continues to inspire and entertain fans worldwide.
Yo Gotti Philanthropic Endeavors
Yo Gotti’s philanthropic endeavors reflect his commitment to giving back and supporting his community. In 2016, he joined forces with Puma to donate $100,000 to the Shelby County Schools’ College Tour Program, which offers educational opportunities to underprivileged students. This generous contribution has helped pave the way for students to pursue higher education and achieve their academic goals.
Additionally, Yo Gotti prioritizes giving back to his hometown of Memphis through annual initiatives like back-to-school drives and turkey giveaways. These efforts aim to provide essential resources to those in need, ensuring they have access to educational supplies and holiday meals. His dedication to philanthropy underscores his belief in the importance of giving back and supporting his community, inspiring others to do the same.
Yo Gotti Real Estate
Yo Gotti’s ventures extend beyond the realm of music into the lucrative world of real estate, demonstrating his keen business acumen and investment savvy. He has openly discussed his early foray into property acquisition, detailing how he would purchase homes, revamp them, and then sell them for a profit, showcasing his entrepreneurial drive and financial astuteness.
Watch: Yo Gotti Learned A Lesson On Real Estate, Shared by| Power Capital Solutio
In June 2021, Yo Gotti acquired an opulent mansion in Westlake Village, California, for a reported $7.6 million, garnering attention for his noteworthy investment. Spanning 3 acres, the property features a 10,000-square-foot residence with six bedrooms, eight bathrooms, a private tennis court, and an infinity pool overlooking a golf course. This purchase reflects Yo Gotti’s penchant for luxury and prestigious properties.
In a bold move indicative of his shrewd investment strategy, Yo Gotti listed the mansion for sale in September 2022 for $8.6 million. This decision underscores his proactive approach to capitalizing on the real estate market, potentially aiming for further financial gains. Yo Gotti’s ventures in real estate highlight his multifaceted talents and commitment to building wealth beyond the music industry.
Yo Gotti’s Assets and Luxury Lifestyle
Cars: Yo Gotti is known for his collection of luxury cars, which may include high-end vehicles like Lamborghini, Ferraris, or custom-designed cars.
Properties: As a successful artist, Yo Gotti likely owns luxurious homes in desirable locations, including mansions, penthouses, or vacation homes.
Jewelry Collection: Like many rappers, Yo Gotti may have an impressive jewelry collection, featuring diamond-encrusted chains, watches, rings, and other accessories.
Philanthropy: Yo Gotti may engage in philanthropic activities, supporting initiatives related to education, community development, or other social issues. His contributions to charitable causes reflect his commitment to making a positive impact beyond his music career.
Business Ventures and Investments
Yo Gotti, with his successful music career, has ventured into various business endeavors, showcasing his entrepreneurial spirit and business acumen. He notably established his record label, Collective Music Group (CMG), which has signed talented artists and significantly contributed to his overall wealth. Through CMG, Yo Gotti has not only expanded his influence in the music industry but also created a platform to nurture and promote emerging talent.
Beyond the music scene, Yo Gotti has also made strategic investments in real estate, further diversifying his portfolio. He has shared his early experiences of buying and renovating homes, demonstrating his knack for spotting lucrative opportunities in the real estate market. These investments have not only been financially rewarding but also reflect Yo Gotti’s strategic approach to wealth management and long-term financial planning.
Overall, Yo Gotti’s business ventures and investments highlight his entrepreneurial mindset and ability to succeed in diverse industries. His ventures beyond music underscore his commitment to building wealth and securing his financial future through smart business decisions and strategic investments.
Yo Gotti’s upcoming projects
As of now, Yo Gotti has not announced any specific upcoming projects. However, given his track record of consistently releasing new music and exploring different business opportunities, fans can expect him to continue expanding his musical catalog and venturing into various entrepreneurial endeavors. Yo Gotti’s entrepreneurial spirit and dedication to his craft suggest that there are likely exciting projects on the horizon, so fans can stay tuned for updates from the talented artist.
Facts About Yo Gotti net worth
- Yo Gotti’s net worth is estimated to be around $100 million as of 2024.
- His primary source of income is his music career, which includes album sales, concert performances, and royalties from his songs.
- Yo Gotti has diversified his income through entrepreneurial ventures, real estate investments, and endorsement deals.
- He founded Collective Music Group (CMG), an independent record label, in 2016, which has signed several successful artists.
- Yo Gotti has invested in real estate, buying and selling homes early in his career.
- In 2021, he purchased a mansion in Westlake Village, California, for $7.6 million, which he later listed for sale at $8.6 million in 2022.
- Yo Gotti’s music career has also been lucrative, with numerous chart-topping hits and collaborations with big names in the industry.
- Yo Gotti owns a collection of luxury cars and is known for his lavish lifestyle.
- Despite achieving financial success, Yo Gotti remains grounded and actively supports philanthropic causes related to education and community development.
- Yo Gotti’s net worth and success in the music industry reflect his hard work, talent, and business acumen.
Wrapping up
Yo Gotti net worth is estimated to be around $100 million as of 2024, primarily stemming from his successful music career. He has diversified his income through investments in real estate and the founding of Collective Music Group (CMG), an independent record label. His entrepreneurial ventures and smart financial decisions have contributed to his wealth, allowing him to maintain a lavish lifestyle. Despite his financial success, Yo Gotti remains humble and is involved in philanthropic activities, supporting causes related to education and community development. Overall, his net worth reflects his talent, business acumen, and ability to thrive in the competitive music industry.
People Also Ask (FAQs)
1. Does Yo Gotti have a wife?
Yo Gotti was previously married to Lakeisha Mims. However, details about their relationship and current status are kept private.
2. Was Yo Gotti signed to Cash Money?
Yes, Yo Gotti was signed to Cash Money Records. He signed with the label after gaining recognition in the music industry. He released his first album, “From Da Dope Game 2 Da Rap Game,” in 2000 under the name Lil Yo.
3. Does Yo Gotti own his label?
Yes, Yo Gotti founded his record label called Collective Music Group (CMG) in 2012. The label has signed several successful artists, including Moneybagg Yo, 42 Dugg, Blac Youngsta, GloRilla, EST Gee, and Mozzy.
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