Yo Gotti is an American rapper from Memphis, Tennessee. His real name is Mario Sentell Giden Mims. Gotti is an old-timer in the rap world. He released his debut album in 1996 under another alias, Lil Yo. Since then, he released a couple of more albums, with Live from the Kitchen one of the best. How much is Yo Gotti net worth? What is his life story? We look at both.
As of June 2020, Yo Gotti net worth is $5 million. Let’s see how he earned it.
Career Ups and Downs
Yo Gotti grew up in Memphis, Tennessee. He had a rough childhood. Federal agents raided his family residence and arrested his mother and aunts. He was in third grade at the time. They got sentenced to 10 to 15 years in prison.
As a result, Mario started hanging out with kids five to six years older than him. They gave him the nickname Yo, which is short from Mario. Later on, he added Gotti. Mario had an affinity for things other kids do not. At this point, Yo Gotti stopped feeling sorry. Instead of looking at hi limited opportunities, he chose to put his focus on success.
Mario was 14 when he started his career. In the beginning, he used the moniker Lil Yo. He hangs out with DJ Sound and his crew. He released his first album Youngsta’s On a Come Up in 1996.
From 2000 to 2006 he released several independent albums. Those include From Da Dope Game 2 Da Rap Game, Life, and Back 2 da Basics.
Gotti delayed signing with a major label. And it wasn’t until January 2012 that he released a major-label debut studio album. Live from the Kitchen is still one of his best albums. He released the first single for the album in May 2009. But the rapper released the album on January 10, 2012.
His first single 5 Star peaked at Number 79 on the Billboard Hot 100 chart. The second single, Women Lie, Men Lie with Lil Wayne peaked at Number 81 on the Billboard chart.
His album debuted at Number 12 on the Billboard 200 chart. It sold 16,000 copies in the first week alone. After three weeks, it sold 36,000 copies. While the album was great, Gotti felt the studio affected low sales. So, he left RCA Records.
In early 2013, the rapper announced the signing to a distribution deal with Epic Records. He announced his new album I Am under his label CMG. The first single Act Right featured Young Jeezy and YG and debuted at Number 5 on the Bubbling Under Hot 10 Singles chart.
By the summer of 2013, Gotti announced his album I Am tour dates, running from September to November. The supporting acts include Shy Glizzy, Cash Out, YG, Zed Zilla, and others. In September, he also released the mixtape Nov 19th: The Mixtape as a promotion for the album.
In October 2013, Gotti released the second official single, King Shit. He sent it to the mainstream urban radio stations in the US. The song peaked at Number 5 on the Billboard chart.
In February 2016, he released the official cover for his new album, The Art of Hustle. Released on February 19, 2016, the album peaked at Number 4 on the Billboard 200 chart. And the lead single Down in the DM with Nicki Minaj peaked at Number 13 on the Billboard Hot 100 chart.
On June 1, 2017, he released a mixtape with producer Mike Will Made-It. The lead single, Rake It Up, feature Nicki Minaj again. The single peaked at Number 8 on the Billboard Hot 100. It is his highest-charting single.
Income and Earnings
Yo Gotti net worth is more than $5 million. He earned most of the money through his music. Gotti has a couple of independent albums. But he got his first taste of success with Live from the Kitchen under RCA Records. It is his first major studio album. It sold only 36,000 copies, yet it has some of the best songs.
Gotti also earns money from his label. He founded the record label Collective Music Group and serves as the CEO of the company. In 2013, his label signed a distribution deal with Epic Records for his sixth studio album, I Am.
He also went on a tour to promote the album. From September to November 2013, Gotti appeared in a couple of cities during the tour.
2016 is one of his most successful years. His The Art of Hustle album landed on Number 4 on the Billboard 200 chart.
Yo Gotti net worth is $5 million as of June 2020. He has six children from two relationships. He got married to his first wife Lakeisha Mims in May 1989. They have two daughters and a son.
After the breakup, Gotti dated Jammie Moses. He has three children with her as well.