With income from album sales, streams, merchandising and performances, Yo Gotti has amassed a net worth of $16 Million as of 2022.
Mario Mims is an American hip-hop artist best known by his pseudonym Yo Gotti. He is one of the many hardcore rappers to come out of the Southern school of hip-hop in the 1990s.
Yo Gotti’s rap style has been influenced by both the non-Southern and Southern schools of hip-hop, but he prefers and favors the gangsta style.
He is admired and recognized all over the world for his skills as a rapper and is currently the leading rapper in Memphis Town’s underground and the brightest hip-hop star.
He was born into a family of strippers and therefore followed in their footsteps. However, he decided to change his path as a rapper, understanding that “you either make your way until you end up in jail, or you get out.”
Inspired by rap icons like Three Six Mafia, 8 Ball & MJG, Kingpin Skinny Pimp, Al Kapone, Gangsta Blackhe and Lil Yo, he chose the musical path and released many popular albums like ‘From da Dope Game 2 da Rap Game’, ‘Self Explanatory’, ‘Life’, ‘I Am’ etc. The lyrics of his songs often describe the dangers of life in the gangs and are also sexually explicit.
Today we’re going to discuss how much money Yo Gotti has and how he builds his net worth.
At the end of this article, we will also tell you how to get rich like Yo Gotti. So be sure to read to the end.
Yo Gotti Net Worth 2022
Yo Gotti has an estimated net worth of $16 Million in 2022. As a rapper and songwriter, he has released many hits. Most of his income comes from album sales, streams, merchandising and performances, he had already amassed a considerable fortune. The cost of Yo Gotti’s performances ranges from $50,000 to $80,000. Hence, he can earn more than $100,000 a month.
In addition, he earns a lot of money through advertising contracts with brands such as Childsplay, Hood America, PRIVE Restaurant & Lounge and many others.
Gotti recently gave Moneybagg Yo money amounting to $1.5 million for his 30th birthday. Yo Gotti earned $1.7 million from the sales of his albums “Self-Explanatory”, “Life” and “Back 2 da Basics” and $1.4 million from the record sales of “Self-Explanatory”. Yo Gotti earns over $1.2 million per year.
To calculate the net worth of Yo Gotti, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$16 Million|
|Annual Income:||$1.2 Million+|
|Source of Wealth:||Singer-songwriter, Rapper, Actor|
Yo Gotti Net Worth Last 5 Years
|Net Worth 2022:||$16 Million|
|Net Worth 2021:||$15 Million|
|Net Worth 2020:||$14 Million|
|Net Worth 2019:||$13 Million|
|Net Worth 2018:||$11 Million|
How Did Yo Gotti Build His Net Worth?
Yo Gotti’s primary income source is his music career. He is one of the richest rappers in the world. He is a top rapper in the music industry and has a huge fan base thanks to hit singles like “Rake It Up”, “5 Star” and others.
Yo Gotti has released ten studio albums, 47 singles and 22 mixtapes to date. Of his ten studio albums, he has certified three gold.
He has also been nominated for awards such as the BET Hip Hop Awards and the Soul Train Music Awards. In addition to starting a record label, Yo Gotti has also signed rappers such as Moneybagg Yo, Blac Youngsta, EST Gee, and 42 Dugg to his Collective Music Group label.
Yo Gotti has gained a huge following around the world as he has more than 2.86 million subscribers on YouTube and over 5.9 million followers on Instagram.
Now, let’s take a closer at look how Yo Gotti built his net worth of $16 Million.
How Much Money Does Yo Gotti Make From Music, Albums, Songs and Concerts?
First, Yo Gotti makes most of his money from his music career. But how did he get started?
Yo Gotti released the albums ‘Da Dope Game 2 Da Rap Game’, ‘Self-Explanatory’ and ‘Block Burning, Vol 1’ (2000, 2001 and 2002) under the Inevitable Entertainment label, belonging to the trap gangsta hip-hop genre.
After being signed by the record company TVT, he released his fourth studio album titled ‘Life’ and the first single ‘Dirty South Soldiers’ (a duet with Lil John) in 2003.
Next, his song ‘Full Time’ appeared on the soundtrack of the popular drama film Hustle & Flow in 2005 and then he released his fifth album titled ‘Back 2 da Basics’ in 2006 on the same label and the album reached #3 on the US rap charts.
As of July 2017, Yo Gotti released 22 mixtapes since March 2006 and his Cocaine Muzik mixtapes received a large following, most notably his ‘Cocaine Muzik 2’ (2009) reached #11 on the US Rap Charts.
After a series of mixtapes, Yo Gotti released his next album titled ‘Live from the Kitchen’ in 2012 on the Polo Grounds/RCA record label. It reached #4 on the US rap charts and #12 on the Billboard 200. The album was commercially successful, selling over 16 thousand copies in its first week. In 2017, it sold over 36 thousand copies in the US.
The album’s singles titled ‘We Can Get It On’, ‘Single’, ‘5 Star’ and ‘Women Lie, Men Lie (featuring Lil Wayne)’ reached notable positions on the Billboard charts.
The song ‘Harder’ featuring Rick Ross debuted at #6 on the US Bubbling Under R&B/ Hip- Hop Songs. The single’s music video titled ‘5 Star’ has a cameo appearance by Rick Ross and the single itself sold 500 thousand copies and received gold certification from the RIAA.
Yo Gotti released his seventh album titled ‘I Am’ in 2013 and it reached #7 and #2 on the US Billboard 200 and US Top R&B/Hip Hop Albums weekly charts.
By 2015, over 212 thousand copies of the album had been sold in the United States. The album’s first single titled ‘Act Right’ featuring Jezzy and YG and the fourth single titled ‘I Know’ featuring Rich Homie Quan received gold certifications from the RIAA.
The second single ‘King Shit’ reached #5 on the US Billboard Bubbling Under R&B/ Hip-Hop Singles Chart.
How Much Money Does Yo Gotti Make From CMG Label?
Second, Yo Gotti makes money from his music company. Collective Music Group, formerly known as Cocaine Muzik Group, is a record label founded by Yo Gotti, of which he is currently CEO and President.
Yo Gotti released mixtapes on CMG from 2014 to 2017; some of them are ‘The Return’, ‘2 Federal’, ‘Chapter One’, ‘White Friday (CM 9)’, etc.
He released his eighth album titled ‘The Art of Hustle’ in 2016 on Epic Records and CMG and it debuted at #4 on the Billboard 200 chart and #1 on the US Top R&B/Hip-Hop Albums of 2016.
The album sold over 45 thousand copies in its first week of release in the US. The first single titled ‘Down in the DM’ reached #13 on the US Billboard Hot 100 chart.
Next, he participated in three songs from Meghan Trainor’s album ‘Thank You’. The song ‘No’ reached #5 on the US Billboard Hot 100 and the song ‘Me Too’ reached #20 on the US Billboards chart. In 2017, he released mixtapes titled ‘Gotti Made-It (with Mike Will Made-It)’ and ‘Heartless-Yo’.
Throughout his career, he has collaborated with many hip-hop artists such as Niki Minaj, Slim Thug, DJ Drama, Nelly, Birdman, and Jim Jones to create powerful hip-hop music.
How Much Money Does Yo Gotti Make From YouTube and Instagram?
Third, Yo Gotti makes money from his social media accounts through advertising and sponsorship.
With 2.86 million subscribers, Yo Gotti also makes money from his Youtube channel.
YouTubers with 100k subscribers and two new videos each week can make $600 to $1,000. The ad revenue is somewhere between $2,400 and $4,000 per month.
According to the YouTube money calculator, Yo Gotti has easily earned at least $4 million from his YouTube channel.
As of 2022, Yo Gotti also has more than 5.9 million followers on Instagram. That means he is a mega-influencer who can charge $10K+ per post. Instagram pricing calculator shows that his account @yogotti can charge $34.5K – $41.3K for 1 post and 1 story.
So it’s safe to say that Yo Gotti can make a lot of money from his social media accounts through advertising and sponsorship.
What Houses Does Yo Gotti Own?
Yo Gotti is one of the richest rappers in the United States and lives a lavish lifestyle. In a suburb of Memphis, California, he owns the Memphis Mansion, one of the most expensive properties. It has five bedrooms, six bathrooms, a guest house, a two-car garage, a formal dining room, a swimming pool, a fireplace, a patio and a spa in the backyard.
Yo Gotti also owns a $10 million mansion in Hollywood Hills, a high-income residential neighborhood in California. It has a pool on a huge screen, seven bedrooms and nine bathrooms.
How Much Are Yo Gotti’s Car Worth?
Yo Gotti is the owner of expensive cars. Let’s take a look at his car collection.
Rolls Royce Cullinan
The Rolls Royce Cullinan is one of the most expensive SUVs in the world, costing $ 330,000.
This luxury SUV costs around $200,000, making it the fastest in the world.
Mercedes Maybach S650
It costs $ 198,000 to buy a Mercedes Maybach S650.
The Ferrari F8 is worth $ 328,000.
2020 Corvette Stingray
The price of the 2020 Corvette Stingray is $ 60,000.
Yo Gotti’s Childhood & Early Life
Mario Mims was born on May 19, 1981, in Memphis, Tennessee, United States, and grew up in the notorious crime-ridden neighborhoods in the Ridge Crest housing projects. Both his parents and his uncles and aunts were hustlers, so he was introduced to the criminal part of Memphis society almost from birth. Mims once said in a conversation, ‘When you come out of the ghetto, you are exposed to things like being a hustler.’
Yo Gotti was born into a middle-class family. His father was a physical education teacher from Zimbabwe, while his mother was of South African descent. Nothing is known about his schooling history. He grew up in a religious family and belongs to Christianity as a religion.
When Mario was in 2nd grade, the police raided their house and his parents and other family members were arrested. So he had to take care of the household and started to crook on the streets.
He later turned to music and started rapping at the age of 14 with his crew in Memphis in the 90s. He released his first underground gangsta- style cassette titled ‘Youngsta On A Come Up’ as ‘Lil Yo’ under the label ‘Crime Lordz Records’ in 1996.
He sold the cassette in small independently owned record stores and started selling it hand to hand with a pack of weed. This cassette became a local hit and made him a sensational rapper in the local community.
Yo Gotti’s Personal Life, Family and Wife
Mario married Lakeisha Mims and had two daughters and a son with her. However, they later decided to separate. Sources reveal that the children now live with their father.
He then entered into a relationship with Jammie Moses and they had three children, but they are also said to have gone their separate ways, but their current status is unknown.
How Much Does Yo Gotti Make a Year?
According to some reports, Yo Gotti’s annual income is over $1.2 Million.
FAQs About Yo Gotti
How rich is Yo Gotti?
As per the record of media, Yo Gotti’s net worth is estimated to be around $16 Million in 2022.
How tall is Yo Gotti?
Yo Gotti is 1.7 m tall.
How old is Yo Gotti?
Yo Gotti was born May 19, 1981, in Memphis, Tennessee, United States. He is 40 years old as of 2022.
What is the real name of Yo Gotti?
His real name is Mario Sentell Giden Mims, he is better known by his stage name Yo Gotti.
Yo Gotti Quotes
“As a street hustler, you’ve got to be smarter than everybody. You have to outsmart the police, you have to outsmart the people in competition with you, you have to outsmart all the opposition.”
“Some people just like to do their own thing. I ain’t sayin’ it’s wrong, but me, I wanna hustle with another hustler. I think two impactful hustlers, or three, or four, is a stronger force.”
“My key to surviving and winning is hustle. I think once you lose your hustle, you lose everything.”
“I’m just a go-getter. I tell people all the time—I feel like I’m supposed to be successful, no matter what I’m doing.”
“I love to learn, I love to be educated on different levels.”
“You’re only as good as your team, so if your team’s strong around you, it just puts you in a greater position.”
“I always understood the importance of relationships, respect, standing on your word, and your name being good.”
“You know, things that are important to you, things you’re passionate about, you should fight for it.”
“I believe that if you got good people around you and they put in the work to help get you where you are, everybody should eat. No man should be dependent on another man.”
“That’s how you want your sound to be—global.”
View our larger collection of the best Yo Gotti quotes.
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How To Become Rich Like Yo Gotti?
Yo Gotti did not become rich by luck. To become as rich as Yo Gotti, you have to work smart.
Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.
If you seize this golden opportunity in time, you can become as successful as Yo Gotti one day.