Yo Gotti has quietly built quite the financial empire, and is now sitting nicely at an estimated net worth of $100 million.
Forbes spoke in depth with the Memphis native in a piece published on Friday (February 23). In addition to his CMG Music Group which is home to artists including Moneybagg Yo, GloRilla and Blac Youngsta, Gotti also has a minority stake in the MLS team D.C. United and owns the restaurant Prive in Memphis.
“If I never wrote another rap again, I’m financially straight,” he told the publication. “My whole career, I was setting up for that.”
He’s got more business moves planned for the future, which he’s setting up by taking business classes at UCLA’s Anderson School of Management with a focus on corporate valuation.
“I may want to buy a company or acquire another company,” he explained. “So I’m making sure I’m super tight and understand the language and the verbiage myself other than listening to financial experts.”
JAY-Z, who serves as a mentor to Gotti as it pertains to business moves, also commented for the piece.
“His business acumen is evident in every move he makes, breaking the mold of the old-guard definition of an executive,” Hov said.
A portion of how he’s built such an empire is by not spending frivolously. In an interview last summer, Gotti explained his refusal to fly private, as he believes there are smarter ways to spend his hard-earned cash.
“I don’t even fly private,” he said on Los Angeles-based radio show Big Boy’s Neighborhood. “I can’t afford it. I fly first class and I’m keeping my paper. I can’t afford it up here [in my head].”
He went on to out 42 Dugg as one of his artists that strictly flies private while moving around the country.
“Some of em only fly private,” Gotti says. “I was trying to get one of my artists to do some promo. He’s like, ‘It’s cool, I’m gonna fly private though.’ I’m like, ‘I don’t even fly private.’ … Dugg young and turnt. He only fly private.”
While he doesn’t approve of the private jet lifestyle, Gotti has no issues making sure his artists enjoy only the best when it comes to other methods of transportation, as he gifted GloRilla a new Maybach SUV for her 24th birthday last July.
when your latest album sales ticks just over a cool million come on man your net worth 100milli is that really true
It would probably be better that you worry about your net worth of $340.00 – Try to do better with your money G.
you don’t fucken know me
That’s really good net worth for the average person
Yeah we do know you. You’re just a gay male groupy that gets their rocks off instigating shit on post.
But We Do.
IP: 95.71.193.916
who cares? some mega billionaire can give any clown ten million dollars and make him a puppet for idiots. all these guys do is bring misery and a bad name to memphis. Used to be good music coming out of Memphis now trash and stories of murder and treachery. But “yo gotti” has some big net worth though.
Get off ya high horse bitch ass nicca, wasn’t you the same dude who keep defending diddy in the comments?
what did he ever do except promote black folks on TV? You can fuck off with the bs. At least Diddy dropped decent records unlike this clown. and if anyone died it wasn’t somebody’s brother or cousin shot at someone’s cookie shop or funeral
It’s nice to see that one guy is trying to make a difference between the kids and his audience in the world. Maybe, I can make a difference in this world but it’s a little more than I though it will be.
Have yet to hear a single verse from dude. More power to him.
I don’t think too many people on this site know what “net worth” means.
He’s so financially responsible, instead of gifting his artist a larger share of their publishing…He gifts her a fucking depreciating asset. Yeah a real hero and stand-up guy!
Have you seen her deal ? How much does she get now?
Yeah I saw her deal. She living off show money.
He’s so financially responsible, instead of gifting his artist a larger share of their publishing…He gifts her a fucking depreciating asset. Yeah, a real hero and stand-up guy!
he next to get knocked off . LLDOLPH
I believe he has a business sense. Have you seen his forehead? LL and Ne-Yo must be feeling jelly right now. That forehead is a five head. It looks like it could be a launchpad for termites riding helicopters. It’s like his forehead is looking into my soul.
Does his net worth comfort him when he thinks of how his pettiness and desire to be the big man got his own brother killed? Got other people killed too. This fool couldnt handle Dolph rejecting him and now he has to live with that fragile ego of his