Yo Gotti Net Worth: Earnings from Album Sales & Endorsements

Yo Gotti who became famous in the Memphis area at a very young age with a stage name of Lil Yo, and world-wide famous with his very first album is worth $2.5 million. He earns in millions every year not just from his album sales but also from his endorsement deals. Yo Gotti released a mixtape in 2017 and the lead single “Rake it up” became his highest charting single in the country.

Early Life

Mario Mims, widely known by his stage name Yo Gotti was born in Memphis, Tennessee, United States. He also is nicknamed as Lil Yo.

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Yo Gotti was married to Lakeisha Mims for a brief period. The couple has two children, and the both of them are in the father’s custody.

Career

Music

Yo Gotti began a career in music when he was just 14 when he started to rap with the stage name Lil Yo. Before becoming widely popular, Yo Gotti released a series of independent albums between 2000 and 2006, including From Da Dope Game 2 Da Rap Game, Self-Explanatory, Life ad Back two da Basics.

After a long break, Yo Gotti released his label debut studio album “Live from the Kitchen” on January 10, 2012. The single from the album “5 star” was ranked at the Hot 100 and the album’s second single that featured Lil Wayne got ranked at #81 on 100.

He became popular for his single “Live from the Kitchen”, that got ranked at #12 on the US Billboard 200, and over 16,000 copies were sold in its first week of sales in the United States.

In 2013, Yo Gotti signed a distribution deal with “Epic Records”. The same year he released a single “Act Right” from his sixth album, which made its way to various charts including #5 on the Bubbling under Hot 100 Singles, #39 on the Hot R&B/Hip-Hop Songs chart and #24 on the Rap Songs Chart.

Yo Gotti founded his record label Collective Music Group, also known as CMG which was formerly known as Cocaine Music Group. Yo Gotti’s sixth album “I Am” was the first album that was officially released by the label.

His recent release was a collaborative mixtape entitled “Gotti Made-It” and the lead single from the mixtape “Rake it up” featuring Nick Minaj has so far peaked at #8 on the Billboard Hot 100.

Throughout his career, Yo Gotti has released about nine studio albums, 22 mixtapes and 26 singles. He has also featured in various songs by different artists including “Cocked and Ready”, “Stomp”, “What they doing”, “Tennessee Titans”, “Looking at my dog”, “Baby Momma Drama”, “Club Again” and ” I Don’t Know You”.

Though Gotti has not received any awards yet, his albums were nominated for BET Hip Hop Awards and Soul Train Music Awards.

Business

Apart from his earnings from his albums, Yo Gotti makes in millions from his Prive Restaurant and Lounge. The restaurant which is located in Memphis was opened by him in 2014 and is said to be one of a kind in the city.

Yo Gotti Net Worth

Yo Gotti’s net worth is estimated at $2.5 million with an annual salary around $1.2 million from his albums. His highest earning albums include Back two da Basics, Black Magics and Life. His earnings from his records & endorsements have been increasing with each year.

Houses and Cars

Yo Gotti lives in his luxurious home in Memphis, which is family owned. He also owns a villa in Hollywood Hills.

Yo Gotti owns a luxurious fleet of cars including the Wrangler, Porsche Panamera, Porsche 911, Rolls- Royce Ghost and Cutlass.

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Endorsements

Yo Gotti makes in millions from his endorsement deals with various brands. He endorses brands like Childsplay Clothing, Hood America, Pure Atlanta and Rocksmith. Recently he was also signed by Puma.

Conclusion

Yo Gotti began his career in music at a very young age and soon became famous in his locality. After numerous guest appearances, mixtapes and independent releases, Yo Gotti became world famous with his debut album. All his albums have been commercially successful, and we find no reason to think that there is nothing but progress in 36 years old rapper’s path.

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