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Yo Gotti Net Worth – Besides His Music Career, What are His Other Earning Sources?

Yo Gotti Net Worth – Besides His Music Career, What are His Other Earning Sources?

Mario Mims, better known by his stage name Yo Gotti, is an American rapper best known for his albums From Da Dope Game 2 Da Rap Game, Self-Explanatory, Life, and Back 2 Da Basics, among others. Gotti has been making music for over two decades and shows no signs of slowing down.

Yo Gotti’s rapping ability has made him who he is now, despite his difficult background in Memphis, Tennessee. In comparison to where he was a few years ago, Gotti has had a lot of success. His celebrity in Memphis and around the world has brought him a lot of money. Yo Gotti’s net worth is believed to be $5 million, according to Celebrity Net Worth.

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Yo Gotti’s Earnings and Net Worth

Yo Gotti’s net worth is currently estimated to be at $5 million, as previously stated. As you may expect, the majority of his revenues come from his music. Gotti also has two YouTube channels, one in collaboration with Vevo and the other on his own. When these two are combined, he has a commendable source of income. Gotti has been making songs for a long time, so let’s take a look at how this Memphis rapper makes his money.

Making Money as a Rapper

Yo Gotti started his career when he was 14 years old in Memphis, Tennessee. He was known as Lil Yo at the time and was well-known in his hometown. It wasn’t until the early 2000s that the rapper began to gain recognition across the country. With the release of his album From Da Dope Game 2 Da Rap Game, he began to gain worldwide recognition as Yo Gotti. His entire discography is available for purchase on Amazon.

Albums Price
Art of Hussle $12.67
I am $7.98
Back 2 Da Basics $17.98
I Told You So $20.51

Self-Explanatory, Live from the Kitchen, I Am, and The Art of Hussle were all huge hits for Gotti. His song 5 Star, from the album Live from the Kitchen, reached number 79 on the Hot 100, number 19 on the US R&B chart, and number 11 on the US Rap chart. In the album’s second single, Women Lie, Men Lie, he cooperated with several well-known stars in the industry, including Lil Wayne. Gotti’s rap has spanned generations; his later albums, like as I Am and The Art of Hustle, were also major hits, featuring rappers such as Young Jeezy and YG.

Yo Gotti is known for his fast-paced raps. Instagram/ yogotti is the source of this image.

In addition, the 39-year-old rapper has collaborated with prominent names like Meghan Trainor and Nicki Minaj, boosting his profile.

Streaming Sites Earnings

Gotti also owns two YouTube channels that produce a decent amount of money, as previously mentioned. According to Social Blade, the two channels together generate an estimated annual income of $36.6k to $585.3k. This also accounts for a sizable portion of Yo Gotti’s net worth. The earnings from two different channels are listed below.

Channel Name Estimated Monthly Earnings Estimated Yearly Earnings
Yo Gotti $671 – $10.7K $8K – $128.8K
Yo Gotti Vevo $2.3K – $37.5K $28.2K – $450.4K

Gotti is also available on other streaming services such as Spotify and Deezer, where he earns a lot of money.

As a CEO, you can earn a lot of money.

Gotti manages a record company called CMG, or Collective Music Group, which was originally known as Cocaine Muzik Group, in addition to rapping. Brandon Mims, Gotti’s biological brother, is the label’s President, while Gotti declares himself the CEO. And the label’s musicians are successful in their own right, and Yo Gotti, as CEO, must produce a considerable amount of cash.

He lost half a million dollars and was on the verge of losing all of his automobiles.

In November of this year, Gotti lost half a million dollars while gaming. According to Hot New Hip Hop, the rapper lost a large sum of money while playing BlackJack. The rapper performed alongside Jay Z at the Shawn Carter Foundation’s Charity Gala. The loss, however, was not a significant setback for this multi-millionaire. Yo Gotti purchased a new mansion just two months after his loss. The rapper flaunted his property in an Instagram image and story that has since been deleted.

When he was hit with a nearly $7 million judgment in 2019, the rapper almost lost his prized automobiles and his Bel Air estate. He allegedly pocketed a large sum of money in order to cooperate with an artist, but things did not go as planned. His management sued Gotti for $150K for going behind his back to sign Young Fletcher to his label. Gotti was first ordered to pay $2.2 million in damages, but the judge later determined that Gotti had participated in misleading activities and increased the punishment to $6.6 million. His manager pledged to collect the money even if it meant taking Gotti’s mansion and fancy automobiles, but this did not happen, happily for Gotti.

Collection of High-End Automobiles and a Luxurious Lifestyle

Gotti has his own private collection of high-end automobiles, including Mercedes and Ferrari. On his recent birthday, the rapper also gave his older brother a Mercedes. Cyan has been his signature hue, and he owns three cars painted in it. He, like every other rapper, owns diamond jewelry and high-end watches. Gotti also makes extensive use of his social media platform to promote his record company and songs, resulting in a major increase in his popularity.

We can tell how enamored Gotti is of his fancy cars and extravagant lifestyle by looking at his Instagram account. The rapper never hesitates to flaunt his wealth in front of the public, and with his career showing no signs of slowing down, he is destined to amass a large fortune.

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