Last Updated on May 30, 2023 by Benjamin Mulany
Yo Gotti, an American rapper, composer, and record executive, has made a name for himself in the world of hip-hop and rap. Known for his unique style and captivating lyrics, Yo Gotti has not only gained recognition for his musical talents but has also built substantial wealth. Yo Gotti net worth is estimated to be $16 million as of 2023.
In this blog, we will delve into Yo Gotti’s early life, his successful career, his personal life, and the valuable lessons we can learn from him. So, let’s explore Yo Gotti net worth and the factors that have contributed to his success.
| Full Name | Mario Sentell Giden Mims |
| Stage Name | Yo Gotti, Lil Yo |
| Net Worth | $16 million |
| Birth Date | May 19, 1981 (age 41) |
| Birth Place | Memphis, Tennessee, USA |
| Profession | American Rapper, Record Executive |
| Wife | Lakeisha Mims |
| Updated | May 2023 |
Key Takeaways
- Yo Gotti is an American rapper and producer, who enjoys a substantial net worth of $16 million.
- He is also the CEO and founder of the record label Collective Music Group.
- Yo Gotti’s annual earnings are estimated to be around $500,000.
- In June 2021, he purchased a mansion in Westlake Village, California, for $7.6 million and listed it for sale at $8.6 million in September 2022.
Early Life
Born on May 19, 1981, in Memphis, Tennessee, Yo Gotti discovered his passion for music at an early age.
He began his journey as a rapper at the tender age of 14 and quickly gained popularity in the Memphis underground hip-hop scene.
His dedication and talent laid a strong foundation for his future success in the music industry.
Yo Gotti Career And Net Worth
Yo Gotti’s net worth is multimillion, this substantial wealth is a result of his thriving career as a rapper, composer, and record executive.
Gotti had always been passionate about rapping, and his career began at the age of 14 through his own group and with DJ Sound. Initially, he was recognized as ‘Lil Yo’.
During the 2000s, Gotti launched a number of solo albums, including “Self-Explanatory”, “Life”, “Back 2 Da Basics” and “From Da Dope Game 2 Da Rap Game”.
His debut album, “Live From The Kitchen,” featured collaborations with renowned artists such as Rick Ross, Nicki Minaj, and Gucci Mane.
Under Epic Records, Yo Gotti released four studio albums: “I Am,” “The Art Of Hustle,” “I Still Am,” and “Untrapped.” These albums showcased his growth as an artist and solidified his position in the music industry.
Additionally, Yo Gotti is the founder of Collective Music Group (CMG), a record label that has played a pivotal role in his success.
Beyond his musical endeavors, Yo Gotti has expanded his wealth through strategic investments. He has ventured into the real estate business, buying and selling properties.
In June 2021, he acquired a magnificent mansion in Westlake Village, California, worth $7.6 million. This showcases his astute business acumen and ability to diversify his income streams.
Gotti’s top-ranked song of his rapping career was a joint mixtape named “Gotti Made-It”, which was launched in June 2017.
The mixtape’s first song includes Nicki Minaj and reached number 1 on the Billboard list of that time. Along with his rapping career, Gotti also formed the “Collective Music Group” also called (CMG), a music record company.
His brother, Brandon Mims, is serving as the President of CMG and he is the acting CEO. Gotti’s seventh studio album, “I Am” was released under his own record label, and it was CMG’s first legitimate studio album.
Throughout his journey, he has released 11 studio albums, 22 mixtapes, and 56 singles. Yo Gotti’s collaborations with artists like Lil Wayne, Rich Homie Quan, and Jeezy are a huge testament to his popularity and fame.
Personal Life
Apart from his professional achievements, Yo Gotti has a fulfilling personal life. He is married to Lakeisha Mims and is a proud father of three children.
Despite his busy schedule, he manages to strike a balance between his career and family, demonstrating his commitment to his loved ones.
5 Lessons We Learned from Yo Gotti’s Life
There are 5 valuable lessons we can learn from Yo Gotti’s journey and success:
Pursue Your Passion
Yo Gotti’s early start in the music industry highlights the importance of following your passion from a young age. By dedicating himself to his craft, he paved the way for his success.
Diversify Your Income
Yo Gotti’s involvement in the real estate business and strategic investments showcases the importance of diversifying income streams. By exploring different avenues, you can maximize your earning potential.
Create Opportunities
Through his record label, Collective Music Group, Yo Gotti has provided opportunities for up-and-coming musicians. This emphasizes the significance of creating opportunities for others and fostering a supportive community.
Embrace Growth and Evolution
Yo Gotti’s journey from his debut album to his later releases demonstrates his growth and evolution as an artist. Embracing change and continuously improving your skills is crucial for long-term success.
Balance Work and Personal Life
Despite his busy schedule, Yo Gotti prioritizes his family and maintains a healthy work-life balance. This serves as a reminder that success is not only measured by wealth but also by the relationships and happiness we cultivate.
FAQs
What is Yo Gotti’s net worth?
Yo Gotti’s net worth is estimated to be $16 million.
How did Yo Gotti start his music career?
Yo Gotti began his music career at the age of 14 and gained recognition in the Memphis underground hip-hop scene.
What is Yo Gotti’s involvement in the real estate business?
Yo Gotti has ventured into the real estate business, buying and selling properties. He recently purchased a mansion in Westlake Village, California, worth $7.6 million.
Yo Gotti Net Worth
Yo Gotti’s net worth of $16 million is a testament to his talent, hard work, and business ventures. His success as a rapper, composer, and record executive, coupled with his investments, has allowed him to build a substantial fortune.
Moreover, his personal life and the valuable lessons we can learn from him make Yo Gotti an inspiration in both the music industry and the world of entrepreneurship.
Benjamin writes and conducts research for AllAboutNetWorth. Ben is a young Canadian man who is now exploring the world. He enjoys both eating and tourism. Benjamin has a strong love for inspiring others to pursue their ambitions. He has explored his interests, vocations, and finances for more than five years. The writings and publications on AllAboutNetWorth are the brainchild of Ben.
