Net Worth Ranker
What Is Yo Gotti’s Net Worth?
Yo Gotti, born Mario Sentell Giden Mims on May 19, 1981, has accumulated a substantial net worth of $100 million. This financial success is primarily attributed to his prolific career as a rapper, record executive, and entrepreneur. His journey began in the late 1990s in Memphis, Tennessee, laying the foundation for his future endeavors in the music industry and beyond. Gotti’s financial achievements are a result of his strategic business decisions and consistent output.
Yo Gotti’s Music Career and Earnings
Yo Gotti’s music career is a cornerstone of his financial success. His discography comprises ten studio albums, numerous mixtapes, and commercially successful singles. Beginning with independent releases, Gotti transitioned to mainstream success after signing with RCA and later Epic Records.
His sixth album, “Live From The Kitchen,” released in 2012 under RCA, debuted at number 12 on the US Billboard 200, selling 16,000 copies in its first week. The lead single, “5 Star,” reached number 79 on the Hot 100 and number 11 on the US Rap charts. Although the album’s sales figures were lower than expected, this release marked his entry into the major label arena.
In 2013, Yo Gotti signed a distribution deal with Epic Records, leading to the release of his seventh studio album, “I Am.” The album featured the single “Act Right” with Young Jeezy and YG, which peaked at number five on the Bubbling Under Hot 100 Singles chart. “I Am” was well-received and nominated for Album of the Year at the BET Hip Hop Awards, enhancing Gotti’s reputation and marketability.
February 2016 saw the release of his eighth studio album, “The Art of Hustle,” which reached number four on the Billboard 200. The album featured the hit single “Down in the DM,” which peaked at number 13 on the Billboard Hot 100. By the end of 2016, Yo Gotti signed a deal with Roc Nation, further solidifying his position in the music industry.
In 2017, Yo Gotti released “I Still Am,” his ninth studio album, featuring “Rake It Up” with Nicki Minaj. “Rake It Up” reached number eight on the Billboard Hot 100 and earned a nomination for Best Collaboration at the BET Hip Hop Awards. The album was certified gold by the RIAA. His tenth album, “Untrapped,” released in January 2020, debuted in the top ten on the Billboard 200. In February 2022, his eleventh studio album, “CM10: Free Game,” was released as a double-disc package.
Although specific sales figures and royalties from each album and single are not publicly disclosed, these releases significantly contribute to Yo Gotti’s annual income and overall net worth, both through direct sales and increased exposure for touring and other ventures.
Collective Music Group (CMG) and Business Ventures
Yo Gotti founded Collective Music Group (CMG), initially named Cocaine Muzik Group. CMG is a crucial element of Yo Gotti’s wealth. The label represents notable artists such as Moneybagg Yo, Blac Youngsta, GloRilla, and EST Gee. While the specific financial details of CMG’s revenue are not public, the success of its artists significantly boosts Yo Gotti’s financial standing.
Beyond CMG, Yo Gotti has diversified his investments into real estate and the restaurant industry. In March 2023, a shooting occurred at Privé Restaurant in Memphis, Tennessee, a restaurant Gotti purchased for his mother. He also owns a minority stake in the MLS team D.C. United. These diverse business ventures contribute to Yo Gotti’s consistent revenue streams.
Additionally, Yo Gotti’s watch collection is reportedly worth $10 million. This collection includes Rolex, Patek Philippe, and Vacheron Constantin pieces. These luxury assets serve as high-value investments.
Real Estate Portfolio
Yo Gotti has invested substantially in real estate, enhancing his portfolio of assets. He has stated that he began buying, renovating, and reselling homes early in his career. In June 2021, Yo Gotti purchased a mansion in Westlake Village, California, for $7.6 million. The 10,000-square-foot home is set on three acres and features six bedrooms, eight bathrooms, a tennis court, and an infinity pool overlooking a golf course. In September 2022, he listed the property for sale at $8.6 million, indicating a potential profit of $1 million if sold at the listing price. Details about other real estate holdings are not publicly accessible. However, this investment demonstrates Yo Gotti’s strategic approach to building wealth through real estate.
