Moneybagg Yo topped the Billboard 200 chart last month with his latest album A Gangsta’s Pain, a first for the Memphis-bred rapper. To celebrate, Collective Music Group (CMG) label founder Yo Gotti gifted Moneybagg Yo a $250,000 Richard Mille watch over Memorial Day weekend.

In an Instagram video, captured by DJ Akademiks, Gotti holds up Moneybagg Yo’s plaque and says, “Gotta celebrate success shoutout to Bagg No.1 on Billboard! Plaque, Richard, Plaque, Richard!” as he shows off the luxurious timepiece.

But the love is mutual. Roughly a week before Moneybagg received the Richard Mille watch, he gave his CMG boss an iced-out chain for his Bread Gang label.


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A Gangsta’s Pain arrived in April with features from Pharrell Williams, Future, Polo G, Lil Durk and Jhené Aiko, among others.

Anchored by the viral single “Wockesha,” the 22-track effort debuted at No. 1 on the Billboard 200 chart on May 8 with over 110,000 total album-equivalent units sold in its opening week. It then dipped to No. 2 in its second week but returned to the top spot the following week with at least an additional 61,000 total album-equivalent units.

Moneybagg Yo Gifts CMG Boss Yo Gotti With Iced-Out Bread Gang Chain

The project served as Moneybagg Yo’s fourth studio album and follow-up to 2020’s Time Served, which entered the Billboard 200 chart at No. 3 upon its release. The album has since been certified gold by the Recording Industry Association of America (RIAA).