Yo Gotti Net Worth 2024: Know The Bank Balance Of The CMG Founder

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Yo Gotti Net Worth 2023: Know The Bank Balance Of The CMG Founder

Yo Gotti net worth doesn’t just bring in enormous cheques and expensive cars.

Names like Yo Gotti are often used by scammers to trick people into getting money for fake promises against a business deal. The good thing, the American Rapper got to know about it and cleared about the recent incident on his Twitter handle and other social media accounts.

Yo Gotti is not just a blessed rapper, but is also blessed with songwriting skills and a record label of his own. He is one of the most acclaimed names in the Hip Hop industry.

His music has spread its charm in all directions and today he makes hundreds and thousands of dollars with his exceptional skills. If you’re wondering what Yo Gotti net worth is, then give this blog a read.

Who Is Yo Gotti?

Mario Sentell Giden Mims. Yes, that’s the real name of Yo Gotti, who is a professional Hollywood rapper, songwriter, and record executive.

Yo Gotti Net Worth

The 41-year-old American native is also known as- Lil Yo and Big Gotti.

He founded the record label Collective Music Group (CMG) which houses eminent artists including Big Boogie, Lil Poppa, and Blac Youngsta among many others.

Full Name: Mario Sentell Giden Mims
Known As: Yo Gotti . Lil Yo . Big Gotti
Date Of Birth: 19th May, 1981
Birth Place: Memphis, Tennessee, U.S.
Nationality: American
Age: 41 Years
Height: 5 ft. 6 in.
Profession: Rapper . Songwriter . Record Label Executive
Net Worth: 16 Million USD
Years Active In Industry: 27 Years and active
Founder Of: Collective Music Group (CMG)

 

Yo Gotti Early Life

Born on 19th May 1981, Yo Gotti was raised in Ridgecrest Apartments in the northside of Memphis, Tennessee (US). He went through a lot of circumstantial difficulties as he grew up.

In his album- Born Hustler, he expressed how he had seen his family imprisoned at a very young age.

Gotti took his first rap project at the early age of 14. Music changed his life for good and he excelled in his career despite many odds that weren’t in his favor. No wonder Yo Gotti net worth is the talk of the town today.

Yo Gotti Career

Ever since Yo Gotti initiated his musical journey, he encountered many people and opportunities that made him a renowned artist. He has released a total of ten albums, out of which 3 won Gold Certification.

With 22 mixtapes and 56 singles, the hip hop industry’s Lil Yo has garnered many projects. Let’s have a look at his musical journey that made Yo Gotti net worth so huge.

Yo Gotti Net Worth 2023

Yo Gotti net worth at present is estimated to be 16 Million USD by various sources. He worked burning the candles at both ends to reach this far. This is how he built this huge fortune:

  • Singing Career

At the beginning of his musical journey, Yo Gotti had his first project from DJ Sound in 1995 when he was 14. That was the time he was popularized as Lil Yo.

After that, Big Gotti released many independent albums until 2006 that include Da Dope Game 2 Da Rap Game, Life, Self Explanatory, and Back 2 da Basics. These albums were just a start and soon he began to fetch multiple projects from a plethora of record labels.

His Cocaine Muzik mixtape series remains one of his most remarkable works till date that added a lot to Yo Gotti net worth.

His debut studio album Live From The Kitchen (2012) with RCA Records secured 12th rank on Billboard with over 16000 copies of the album being sold only in the first week of its release.

Yo Gotti Net Worth

Gotti had the instinct that the label was not marketing his songs well and the sales weren’t as splendid as they could be. That’s why he bid adieu to RCA Records and Polo Grounds Music in 2012. The very next year, Big Gotti released his album- I Am under his record label Collective Music Group in collaboration with Epic Records.

Several songs of this album ruled the charts of Bubbling Under Hot 100 Singles, Hot R&B/Hip-Hop Songs, and Rap Songs. This was just the start, a plethora of Gotti’s hits including King Shit (2013), Cold Blood (2013), Down In The DM (2015), The Art Of Hustle (2016), Better (2016), Thank You (2016), Rake It Up (2017), Gotti Made-It (2017), and Untrapped (2020) kept on swaying these top music charts. His songs even fetched Platinum Certifications and Gold Certifications.

It is believed that Yo Gotti charges between $100,000 to $300,000 for a live concert.

Gotti didn’t just make his bank balance bulging with dollars but also made friends in the industry including Moneybagg Yo, Megan Thee Stallion, and Rick Ross among many others. His latest hit CM10: Free Game features many lauded names of the Hollywood music industry.

  • Record Label

After parting his ways with RCA Records, Yo Gotti established a record label of his own in 2013 in collaboration with Epic Records and named it Collective Music Group (CMG).

He released his album I Am under his record label which got sold like anything breaking the records of his previous albums. With over 48,000 copies sold in the first week, this release got his name in the US Billboard 200 top 10.

By 2018, Over 5 lakh copies of the album were sold which garnered him Gold Certification.

Two more albums (The Art Of Hustle & I Still Am) released under CMG fetched Gold Certifications and piled up Yo Gotti net worth. In fact, the song Down In The DM from The Art Of Hustle received triple Platinum Certification. His record label proved to be the right choice.

  • Car Collection

Big Gotti’s car collection is indeed an extravaganza. He went the whole nine yards for selecting the customizations for his much-adored Rolls Royce. The CMG CEO announced on his Instagram handle that he spent $1.2 Million on those twin cars.

He also has a customized Lamborghini Aventador and Ferrari F8 worth $409,000 and $400,000 respectively.

  • Real Estate

Yo Gotti’s real estate portfolio is proof that the American rapper loves to play flip and flops with properties as he buys and sells mansions day in and day out.

In June 2021, he bought a $7.6 Million mansion in Westlake Village, California which features 6 bedrooms, a tennis court, a golf course, an infinity pool, and 8 bathrooms built in the 10,000 sq. ft. area of the luxurious mansion.

  • Business Ventures

Did you know Yo Gotti is the co-owner of Major League Soccer, a D.C. United Franchise? Well, now you do.

His son talked about the league’s legacy and he joined it after weighing up its potential. It is being said that the mega rapper has invested in MLS at a valuation of $710 Million.

  • Endorsements

Gotti is a famous personality globally and his fame has attracted many endorsements and deals his way that added more to Yo Gotti net worth.

He has worked as a brand ambassador for PUMA.

Apart from that he also signed endorsement projects with Hood America, Prive Restaurant & Lounge, Pure Atlanta, and Childsplay Clothing.

Yo Gotti Net Worth & His Lavish Lifestyle

Yo Gotti spends his hard-earned money to live the special moments of his life to the fullest. He celebrated his 40th birthday with a bash in Los Angeles.

Yo Gotti Net Worth

Big Gotti also spends on buying splendid presents for his dear ones even if they cost him a fortune. As a matter of fact, he gifted a Lamborghini Urus worth $300,000 to Lehla Samia when she signed for his label, the Music Times confirms.

Unquestionably he is also a part of the list of his dear ones. For his 39th birthday, he treated himself to two watches that cost $1,100,000 collectively. It seems like he lives by self-love and self-care because another time he gifted himself two fully customized Rolls Royce cars on his birthday.

Yo Gotti Personal Life

Yo Gotti got married to Lakeisha Mims and they have two kids. Their marriage is rumored to come to an end but the two have not publicly announced their divorce. 

Thereupon, Gotti also has three kids with Jammie Moses.

He doesn’t share much about his personal life on social media, however, it was speculated that he dated Yaya Sandoval in 2020, as the couple shared their pic on the Instagram handle.

Recently, he posted a video of Angela Simmons and added in the caption- “Ain loss a crush since High School.” Furthermore, Angela also posted pics on her Instagram handle along with the caption- “You are all I need and more.”

Awards & Accolades

Yo Gotti was nominated for several awards including the BET Hip Hop Award for Album of the Year (2004) for I Am, Best Collabo, Duo or Group (2017) for Rake It Up, and Best Mixtape (2017) for Gotti Made-It.

He was also nominated for the Soul Train Music Award for Rhythm & Bars Award (2017) category for Rake It Up.

Yo Gotti net worth has kept everyone on hooks. The rapper, songwriter and record executive has earned over-the-top fame and money with his hard work. So much so that circumstances tried to pull him down, he found his liberation in music and left no stone unturned to ensure the upgrade of his situation and lifestyle.

He worked his fingers to bones to get past the obstacles and reach the top heights and make a place for himself.

His fans across the globe celebrate his work. The CMG fame’s fans are sure that with more of his upcoming projects, he will surely beat his own records and Yo Gotti net worth will be even more enriched.

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