In a recent cover story by Forbes, Memphis rap mogul Yo Gotti opened up about his impressive $100 million net worth, shedding light on the diverse portfolio that contributed to his financial success. The CMG record label founder revealed insights into his strategic investments, including a minority stake in D.C. United, an MLS team, and his thriving restaurant venture, Prive, located in his hometown of Memphis, Tennessee.

Reflecting on his financial security, Gotti expressed confidence, stating, “If I never wrote another rap again, I’m financially straight. My whole career, I was setting up for that.” Far from complacent, Gotti outlined his plans for further growth, emphasizing the importance of patience and strategic planning in achieving long-term success.

 

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Despite his already impressive achievements, Gotti remains focused on expanding his empire. He recently enrolled at UCLA to study business, recognizing the value of equipping himself with the necessary knowledge to navigate future endeavors. “I may want to buy a company or acquire another company,” Gotti explained, highlighting his proactive approach to wealth management.

Gotti’s entrepreneurial journey began in 2012 with the formation of Cocaine Musik Group, now known as CMG. Over the years, CMG has emerged as one of the most influential independent hip-hop labels in the industry, boasting a roster that includes notable artists such as Moneybagg Yo, 42 Dugg, GloRilla, Mozzy, EST Gee, and Blac Youngsta.

As Yo Gotti continues to shape the hip-hop landscape and expand his business ventures, his story serves as an inspiration for aspiring entrepreneurs and artists alike. With a relentless drive and strategic vision, Gotti exemplifies the power of perseverance and smart investments in achieving financial success in the music industry and beyond.