According to Forbes magazine, Yo Gotti is not just a rapper; he is a multi-million dollar mogul.
On Friday, the prestigious wealth-tracking outlet debuted its cover, which features Gotti, photographed at his 10,000-square-foot Tuscan-style Malibu mansion. In a rare profile of his finances, Forbes estimates that Gotti has accumulated a massive $100 million net worth. This is due to his wildly successful CMG record label, which includes acts such as Moneybagg Yo, GloRilla, EST Gee, 42 Dugg, and several others. His Prive restaurant, located in his hometown of Memphis, Tennessee, has also proved a lucrative venture since opening in 2014. One of Gotti’s lesser-known investments has been his minority stake in MLS team D.C. United. With such a portfolio, Gotti admitted that he has been preparing for his rap retirement for quite some time.
“If I never wrote another rap again, I’m financially straight. My whole career, I was setting up for that,” he shared with Forbes.
Gotti attributes his empire to being patient and putting in the work. Part of that has been adding college to his busy schedule. The “Touchdown” star enrolled in UCLA in December 2023 to study business, which he says will help him to buy other companies moving forward.
In recent years, Gotti has also lent his voice to social justice issues, such as prison reform. Last year, he partnered with Roc Nation and Jay-Z to expose the harsh living conditions that inmates are facing inside the Mississippi State Penitentiary at Parchman, where several inmates have lost their lives with little to no answers for their families.
Gotti’s Forbes highlight was the first time he was granted an interview since the shooting death of his older brother, Anthony “Big Jook” Mims, last month, though he did not speak on teh devastating loss.
