"Got Them Racks": CMG CEO Yo Gotti's Vast Investment Portfolio Explored
Yo Gotti is a veteran rapper who has expanded his legacy beyond music with smart business investments. Read to find out how he did it!
By S.Y.Feb. 27 2024, Updated 10:41 p.m. ET
Yo Gotti made his musical debut in the mid-90s. In the decades since then, Yo Gotti has leveled up his income.
The motivational rapper has not only made a name for himself in the music industry, but he has also proven to be a savvy entrepreneur with strategic investments across various sectors thanks to hard work and an iron-clad work ethic.
Beyond being a successful music executive for his record label, Collective Music Group (CMG), Yo Gotti (born Mario Mims) has also diversified his income with other lucrative ventures that have garnered him a lot of financial success.
Here are all the businesses Yo Gotti has invested in and how they have contributed to his impressive net worth.
Here's a breakdown of Yo Gotti's most lucrative business investments.
In 2021, Gotti took a leap of faith and invested $173 million in the well-known DMV professional soccer club, D.C. United. The deal saw the Memphis native take ownership of a small percentage of the soccer club.
In a conversation with The Athletic, he told the outlet that his background made his investment in the club even more meaningful.
"I think coming from where I come from as a kid, to be considered the inner-city hoods, and to be able to go into entrepreneurship and even have the opportunity to be involved in such a big thing, such a great thing," Gotti said.
The rapper added: "It’s almost like a dream come true for a kid that comes from where I come from."
Sources like Business Insider claim that real estate is one of the most creative and rapid ways to grow wealth, and Gotti has definitely tapped into that money-making market.
Additionally, strategic real estate investments have helped him to expand his diverse portfolio. He also owns a fine-dining restaurant in Memphis called Prive — where his mom and sister are both employed.
So, what's the rapper's net worth? Read to find out!
What is Yo Gotti's net worth? Find out!
Although the CMG boss had humble beginnings, those days are far behind him now. Today his net worth sits at an impressive $100 million as of this writing, according to Forbes. He told the outlet that his watch collection alone is worth $10 million.
Along with his investments in sports and real estate, Gotti has also made quite a bit of money from his well-performing singles and albums. In a VIBE interview, he reflected on his earlier days and pointed out that always believing in himself and his work ethic ultimately got him to his destination.
"I’m one of the few artists who started from the ground up for real. Not taking no records to the radio station begging no DJ to play it. When DJs started playing my records they called me for them," Gotti said.
"I ain’t pull up and ask nobody for nothing, I ain’t pay nobody nothing. I was just making music, living my life, and the s--t was real," he added.
Now, he's reaping the fruits of his labor.