|Net Worth:||$16 Million|
|Birthday:||May 19, 1981|
|Age:||41 years old|
|Height:||5.6 feet (170cm)|
|Birthplace:||United States of America|
|Occupation:||Rapper, Record Producer|
|Last Updated:||August, 2022|
Mario Sentell Giden Mims, known by his stage name Yo Gotti, is an American rapper, hip-hop artist, and record producer who has been in the music industry for more than a decade. Hailing from Memphis, the successful rapper has made widely-renowned songs like “Down in the DM” and “Rake It Up”. As of 2022, Yo Gotti net worth has ballooned to around $16 million.
How Did Yo Gotti Become Rich?
Yo Gotti was born on the 19th of May, 1981 in Memphis, Tennessee. He was raised by his parents in the Ridgecrest Apartments in the Frayser neighborhood located in Memphis. Tennessee. Little is known about his parents aside from they both came from Africa, but his life in his hometown was said to be troubled by the crime and violence around his neighborhood.
Living in such a chaotic environment did not stop Mario Sentell Giden Mims to pursue his interest in music. At the age of 14, he met and started rapping with a man named DJ Sound and his group. For the next five years, he continuously learned and explored his talent as a rapper, and was able to get deals with record labels, Gimi Sum and Crime Lordz. During this time, he was able to release his first studio album “Youngsta is on a Come Up” under pseudonym of Lil Yo.
In 2000, Mario dropped his next two albums under a different label named Inevitable. Releasing his debut album “From the Drop Game to the Rap Game” in 2000 and “Self-Explanatory” in 2001 helped him to get popularity across the US despite not being commercially successful. Atthat time he laso changed his stage name from Lil Yo to Yo Gotti.
Three years later, Yo Gotti had his first-ever breakthrough in the industry after releasing his fourth studio album, “Life”, under the TVT record label. It gave him a significant amount of earnings and made him more famous among rap and hip-hop enthusiasts. From then on, he continued to release more songs which made him richer and richer.
In 2012, Yo Gotti signed a deal with RCA and released “Live from the Kitchen” which peaked 12th on the US Billboard 200 and was sold 16,000 copies on its release week. The album’s single “5 star” reached 79th spot on the Hot 100 and peaked at 11th spot on the US Rap charts.
The following year, Yo Gotti established his very own record label named CMG which stands for Collective Music Group. That same year he released his album “I Am” under the new founded label. The album got a gold certification from the RIAA. It also got a nomination for the album of the year award in the BET Hip Hop Awards.
Three years later he released “The Art of Hustle”, his eighth studio album and by far his most successful one. The album included some of his most viral hits like “Down in the DM” (the lead single), “Pay the Price” and “Law”. The album reached the fourth spot in Billboard 200 while the lead single got the 13th spot in the Billboard 100. The album was also gold-certified by the RIAA.
In 2017, Yo Gotti dropped another gold-certified studio album entitled “I Still Am”. This album included his highest-charting song called “Rake It Up” featuring Nikki Minaj. The song reached its 8th spot on the Billboard Hot 100 and was nominated at the BET Hip Hop Awards for the Best Collaboration by a Duo or Group category.
In 2020 his album “Untrapped” debuted among the top ten of the Billboard 200. The next year Yo Gotti released a new album called “CM10: Free Game”.
While making music, the rapper also helped some novice artists in the industry by signing them into his record label. Some of those rappers that he works with are Blocboy JB, Big Boogie, Moneybagg Yo and Black Youngsta. As of 2022, he continues to make and produce music for himself and other artists, gradually building his legacy as a rapper.
Aside from rapping and producing music, Yo Gotti also appeared in some television shows. In 2006, he made his first TV appearance in the series called “Showtime at the Apollo”. It was then followed by some of the significant shows for his career like Jimmy Kimmel’s “The Tonight Show” and “The Real”.
For the last 20 years, Yo Gotti has been making music that already amounted to a total of 11 studio albums, over 20 mixtapes and 50 singles. The rapper and hip-hop artist has worked with big names in the music industry like Travis Scott, Kanye West, Lil Wayne, Meghan Trainor and Nikki Minaj. With his years of experience in the industry, there is no doubt that Mims is considered to be one of the most popular and wealthiest rappers in the US.
What Is Yo Gotti Net Worth?
Being in the rapping industry for more than a decade, Yo Gotti net worth is reported to be around $16 million as of 2022.
It was reported that the rapper earns about $1.2 million a year being a musician and the CEO of CMG.
Yo Gotti also has some endorsement deals from brands like Puma, PURE Atlanta, Hood America and Childplay clothing and more, which makes his wealth grow and grow as years pass by.
How Yo Gotti Spends His Money?
With the fame and fortune he has, it was expected that Yo Gotti has a huge collection of properties that every man might dream of.
It was reported that the rapper owns several luxurious cars from well-known brands like Rolls Royce, Jeep, Bentley, Ferrari, and Lamborghini.
Aside from cars, he also owns a tremendous amount of jewelry amounting to around $2 million.
While the previous may sound more on a stagnant and non-generating asset, Yo Gotti also owns several lands and homes which according to reports he constantly buys and sells to generate more income.
In 2021, it was reported that the rapper bought a 10,000 square-foot mansion in the Westlake Village, California worth $7.6 million. The six-bedroom house is indeed built for luxury and comfort having a tennis court and an astonishing infinity pool.
Aside from this mansion, Yo Gotti is also believed to own a mansion in Memphis and Hollywood as well.
- As a child, Yo Gotti lived a tough and chaotic life. At the age of eight, he saw his house in Memphis being raided by the federal agents and his family being jailed for illegal firearm possession and drug peddling.
- Yo Gotti was married twice, but neither of these two worked out. His first wife was Lakeisha Mims, and they had three children. His second wife for almost ten years was Jammie Moses, and she had three children with the rapper. As of 2022, he is single.
- Forbes mentioned Yo Gotti in 2017 and 2013.
- His favorite quote is “My key to surviving and winning is hustle“.