Yo Gotti Net Worth 2024: Age, Career, Income, House and More
As of the year 2024, American rapper and producer Yo Gotti is worth $100 million. Eleven studio albums have been released by him, with three of them being certified gold. Both the Soul Train Music Awards and the BET Hip Hop Awards have nominated Gotti. Collective Music Group was founded and is run by Yo Gotti, who is also its chief executive officer.
Yo Gotti Net Worth 2024
Forbes estimates Gotti’s net worth at over $100 million, and he shows no signs of slowing down anytime soon. “If I never wrote another rap again, I’m financially straight,” he says. “I had been preparing for that my entire professional life.” He desires more, that much is true.
Who is Yo Gotti?
Truthfulness and perseverance are key themes throughout Yo Gotti’s life story. Mario Sentell Giden Mims’s extraordinary rise through the ranks of hip-hop began with his humble beginnings in the tough city of Memphis, Tennessee, where he was born in 1981. Yo Gotti embodies the hustler and storyteller mentality, and he is more than just a rapper—he is a living testimony to the strength of the human spirit.
He emerged as a young musician negotiating the Frazier neighborhood’s challenges in his early musical endeavors as Lil Yo. Aside from establishing his street credentials, self-produced albums such as “From Da Dope Game 2 Da Rap Game” and “Self-Explanatory” displayed his unedited storytelling of hustle and struggle and displayed his raw poetry.
Yo Gotti’s career reached a turning point in the 2000s when he inked a deal with Cash Money Records. “Down in the DM” and “Act Right” showcased his impressive lyrical skills and confident Southern charm. But financial success was still a mystery. Unfazed, Yo Gotti founded Collective Music Group (CMG) in 2012 to take charge of his own fate.
Yo Gotti’s breakthrough came with CMG, which housed smash singles including “Rake It Up” and “No Pressure” (with J. Cole). He proved he belonged among rap’s elite with his “Clique” collaborations with Jay-Z and Kanye West. Aside from music, his entrepreneurial endeavors extended beyond CMG, which became a haven for up-and-coming musicians like Blac Youngsta and Moneybagg Yo.
Themes of perseverance, achievement, and hustling eventually made their way into Yo Gotti’s songs. Success and confidence were lauded in songs like “Down in the DM (Remix)” by Nicki Minaj and “Look at Me Now” by Lil Wayne and Chris Brown. Yo Gotti is more than simply a rapper; his story is a metaphor for overcoming obstacles and becoming someone greater than what you were before.
Career Beginnings
Yo Gotti’s albums released under his new moniker spanned the years 2000–2006. “From Da Dope Game 2,” “Da Rap Game,” “Life,” “Self-Explanatory,” and “Back 2 da Basics” were the albums named. After inking a deal with RCA, a major label, in 2012, he dropped his sixth studio album, “Live From The Kitchen.” Listeners in the United States may enjoy “5 Star,” the album’s lead song, at 79 on the Hot 100 and 11 on the US Rap charts. With 16,000 copies sold in its first week, the album peaked at #12 on the US Billboard 200.
Because he was dissatisfied with the album’s sales performance, Gotti decided to part ways with RCA. In 2012, he dropped a mixtape titled “Cocaine Muzik 7: The World Is Yours.” Yo Gotti confirmed the November 2013 release of his seventh studio album, “I Am,” and a new distribution agreement with Epic Records at the start of 2013. The album’s lead track “Act Right” features guest appearances from YG and Young Jeezy. As a debut single, it peaked at #5 on the Bubbling Under Hot 100 Singles list. “I Am.” was released on November 19, 2013. In the end, Yo Gotti was nominated for Album of the Year at the BET Hip Hop Awards because to the album’s favorable reviews.
Released in February 2016, “The Art of Hustle” was Gotti’s eighth studio album. At its peak, the album reached position #4 on the Billboard 200, while the lead single “Down in the DM” reached position #13 on the Billboard Hot 100. Yo Gotti announced a deal with Jay Z and his big label Roc Nation at the end of 2016.
Included on Gotti’s 2017 ninth studio album, “I Still Am,” was the single “Rake It Up,” which featured Nicki Minaj. On Billboard Hot 100, the song reached its highest position at number eight. In addition to being nominated for Best Collaboration by a Duo or Group at the BET Hip Hop Awards, Yo Gotti’s “Rake It Up” became his career-highest charting song. “I Still Am” went on to receive RIAA gold certification.
“Untrapped,” Gotti’s ninth studio album, entered the Billboard 200 album chart in January 2020 and peaked at number 10. Megan Thee Stallion, Rick Ross, and Estelle were among the guests on the album, which was generally well-received. Collective Music Group was founded and is now run by Yo Gotti, who is also its CEO. After an undisclosed delay, his eleventh studio album “CM10: Free Game” was finally published in February of 2022 as a double-disc set.
Ventures in Entrepreneurship
Yo Gotti has done well for himself by branching out into other areas of business in addition to music. He owes a great deal of his success to the record label he co-founded and now serves as CEO of, Collective Music Group. Yo Gotti has gotten richer thanks to the label he ran, which signed brilliant singers and made successful songs. He has been able to profit from both his music and the success of other musicians because to his involvement in the music industry’s commercial side.
To top it all off, Yo Gotti has diversified his wealth even further by making smart real estate investments. Passive income and capital appreciation are two of real estate’s most well-known benefits. Taking a risk in this field has allowed Yo Gotti to diversify his holdings and establish a reliable revenue stream apart from his music profession. His real estate and music careers are testaments to his entrepreneurial spirit and business savvy.
In addition to boosting his own wealth, Yo Gotti has been able to open doors for others through his entrepreneurial endeavors. He has given up-and-coming musicians a chance to shine through Collective Music Group, which they have used to launch their careers. His dedication to making a difference is further evidenced by the fact that his real estate investments have increased local economies and generated employment opportunities.
Property Investments
Some say Gotti has a hand in the real estate market. He claims that he got his start in the real estate industry by purchasing houses, making repairs, and then selling them.
A somewhat absurd property in Westlake Village, California, was purchased by Yo Gotti for $7.6 million in June 2021. The three-acre mansion boasts a tennis court, an incredible infinity pool with views of the golf course, six bedrooms, and eight bathrooms spread across 10,000 square feet. He put the hillside mansion on the market for $8.6 million in September 2022.
Helping Others
Yo Gotti is completely grounded in his heritage, even though he is very rich. His charitable work has brought him widespread recognition, especially in Memphis, his hometown. Community activities and local schools have benefited from his generosity.
Final Words
Ultimately, Yo Gotti’s wealth in 2024 is a reflection of his skill, perseverance, and business savvy. The vast majority of Yo Gotti’s wealth comes from his lucrative real estate assets, music career, and commercial endeavors. He has established himself not only as a prosperous rapper but also as a generous philanthropist, thanks to his unwavering dedication to giving back to the community.