Yo Gotti Net Worth

What is Yo Gotti Net Worth? Who’s Yo Gotti? The 41-year-old rapper, whose real name is Mario Mims, is one of the first artists to be signed to DJ Drama’s record label Gangsta Grillz, and he also works on Rick Ross’ Maybach Music Group imprint. Born in Tennessee, he grew up in various places before settling in Memphis, where he started making music at age 15 and has released several mixtapes and albums since then. Here’s his net worth as of 2021: $5 million… Read More » – How Rich is the Rapper Actually in 2021?

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Early life and education

American rapper and record producer Yo Gotti was born Mario Mims on November 3, 1980, in Memphis, Tennessee. Growing up in a large family with 11 brothers and sisters, he left high school to pursue his musical dreams. Yo Gotti released his debut album Live from the Kitchen in 2006. Two years later he came out with another studio release titled Back 2 da Basics which was awarded with a gold plaque by Recording Industry Association of America (RIAA). In 2012 Yo Gotti released his third studio album I Am which featured guest appearances by T-Pain, Lil Wayne and Nicki Minaj among others.

Career Beginnings

A self-made rap icon, Yo Gotti was born Mario Mims in South Memphis, Tennessee in 1977. He started rapping as a child, inspired by his uncle and grandfather who were both DJs. Mims released his first album titled Youngsta’s On a Come Up in 2000 on indie label CMG Records, but it didn’t bring him much success. In 2002 he changed his stage name to Yo Gotti after being signed to DJ Kay Slay’s upstart label DDS. His deal with DDS fell through soon afterward, but Kay Slay introduced him to Big Cat from Mississippi-based Big Gates Records.

Music career

As a teenager, Yo Gotti fell in love with hip-hop culture and began writing lyrics. In 1995, he released his first album titled Youngsta’s On a Come Up under Epic Records, but it failed to gain any traction. Since then, he’s released numerous albums that have garnered success on various Billboard charts. The rapper has also received multiple awards and nominations for his work. Overall, Yo Gotti’s net worth is reported to be around $12 million as of 2019, making him one of richest rappers in America today (according to Forbes). Some of his major income sources include record sales and live performances.

Awards and achievements

In 2003, Yo Gotti won his first award, which was as co-producer on fellow Memphis rapper 8Ball & MJG’s Look at How I’m Dancing (which won a Dove Award). In 2004, Yo Gotti released his debut studio album Youngsta’s On a Come Up under TVT Records. The album, which was released during summertime, debuted at number six on the US Billboard 200 chart and sold 86,000 copies in its first week. The album eventually became certified gold by Recording Industry Association of America (RIAA) for sales of over 500,000 copies in United States.

Cars collection

According to reports, Yo Gotti has a collection of luxury cars worth $2 million. This includes a Bugatti Veyron and a $200,000 Mercedes S600 car. He also has a luxury Maybach limousine worth $300,000 and a Cadillac Escalade. For two wheels vehicles, he owns many Harley Davidson motorcycles worth about $60,000 each. The total value of his car collection is estimated at more than one million dollars. Yo gotti net worth in 2021 is expected to be more than 2 million dollars because of his increasing popularity among hip hop music lovers across America and other parts of world.

Other Sources Income

Yo Gotti has also established himself as a businessman with an estimated worth of $11 million. A small percentage of his wealth comes from his stake in record labels CMG and Collective Music Group, but most of it is derived from his own ventures such as physical and digital album sales, tours, television appearances, and various endorsement deals. He signed a lucrative sponsorship deal with Reebok back in 2014 to become one of their ambassadors for a year. In that time he toured colleges across America to promote fitness through basketball. His earnings were boosted further by regular airtime on BET’s show 106 & Park which awarded him at least $1 million per episode.