Yo Gotti’s Net Worth: The Rise Of A Hip-Hop Mogul

Yo Gotti, born Mario Sentell Giden Mims, is an American rapper, music producer, and entrepreneur with an impressive net worth of $100 million. Known for his business acumen and influential role in the music industry, Yo Gotti has not only made his mark through chart-topping albums but also through his successful ventures in real estate and restaurant ownership. As the founder of Collective Music Group (CMG), Yo Gotti has helped shape the careers of several prominent artists, further solidifying his legacy as a hip-hop powerhouse.

Early Life

Born on May 19, 1981, in Memphis, Tennessee, Yo Gotti grew up in the Ridgecrest Apartments of the city’s Frayser neighborhood, a place known for its struggles with poverty and crime. His father was a gym instructor from Zimbabwe, and his mother hailed from South Africa. Gotti’s upbringing was tough—his family’s home was raided by federal agents when he was in third grade, and some of his relatives ended up serving prison sentences of up to 15 years.

These early experiences had a profound impact on Gotti, prompting him to steer away from a life of crime and focus on his music career. By age 14, Gotti was already performing and releasing music under the name Lil Yo, beginning a journey that would eventually lead him to the heights of success in the rap industry.

Career

Yo Gotti’s career took off between 2000 and 2006, as he released a series of independent albums under his new moniker. These included From Da Dope Game 2 Da Rap Game, Self-Explanatory, Life, and Back 2 da Basics. However, it wasn’t until his sixth album, Live From The Kitchen (2012), that he gained significant mainstream attention. The album’s lead single, “5 Star,” climbed to number 79 on the Billboard Hot 100 and number 11 on the US Rap chart. Despite its moderate success, Gotti parted ways with RCA due to disappointing sales figures.

Undeterred, Gotti released Cocaine Muzik 7: The World Is Yours in late 2012, which marked the beginning of a new chapter in his career. In 2013, he signed a distribution deal with Epic Records and released his seventh studio album, I Am. The album, fueled by the hit single “Act Right” featuring Young Jeezy and YG, earned critical acclaim and even received a BET Hip Hop Award nomination for Album of the Year.

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By 2016, Yo Gotti had solidified his place in the industry with The Art of Hustle, which peaked at number four on the Billboard 200. The album’s lead single, “Down in the DM,” became a viral hit, climbing to number 13 on the Billboard Hot 100. His collaboration with Nicki Minaj on “Rake It Up” from his 2017 album I Still Am became his highest-charting single, reaching number eight on the Billboard Hot 100.

Gotti’s most recent albums, Untrapped (2020) and CM10: Free Game (2022), have continued his string of commercial successes, with Untrapped debuting in the Billboard 200’s top ten.

Collective Music Group (CMG)

One of the key components of Yo Gotti’s massive net worth is his record label, Collective Music Group (CMG). Founded in 2003, CMG has become a significant force in the music industry, boasting a roster of influential artists like Moneybagg Yo, Blac Youngsta, GloRilla, and EST Gee. The label, which was originally named Cocaine Muzik Group, has helped Gotti transition from being solely a performer to a full-fledged music executive.

Entrepreneurship

In addition to his music career, Yo Gotti has proven himself as a savvy businessman. He has invested in several sectors, including real estate and hospitality. Gotti began purchasing homes early in his career, renovating and reselling them for profit. One of his most significant acquisitions came in 2021 when he purchased a luxurious mansion in Westlake Village, California, for $7.6 million. The 10,000-square-foot estate, set on three acres, boasts six bedrooms, eight bathrooms, a tennis court, and an infinity pool with stunning views of a golf course. He later listed the mansion for $8.6 million in 2022.

Gotti also owns Privé, a popular restaurant in Memphis, which is managed by his mother. This venture further underscores his commitment to diversifying his income streams beyond the music industry.

Yo Gotti Watch Collection

Another reflection of Yo Gotti’s wealth is his extensive watch collection, estimated to be worth around $10 million. His collection features luxury timepieces from renowned brands like Rolex, Patek Philippe, and Vacheron Constantin, highlighting his taste for high-end fashion and collectibles.

Yo Gotti Relationships

Yo Gotti has been romantically linked to Angela Simmons, the daughter of Run-DMC legend Rev Run. Though Gotti keeps much of his personal life private, he has occasionally shared glimpses of his relationships and family life on social media.

Yo Gotti Net Worth

Yo Gotti net worth is $100 million.