American rapper Yo Gotti has been making waves in the music industry for over two decades, but he is not content with just being a successful artist.
He is also a savvy businessman who has diversified his portfolio and invested in various ventures, from sports to restaurants. And he credits none other than Hip Hop mogul Jay-Z for inspiring him to further his education and learn more about the world of business.
In an exclusive interview with Forbes, Yo Gotti revealed that watching how Jay-Z has handled himself over the years motivated him to enrol in classes at UCLA’s Anderson School of Management, one of the top business schools in the country.
He said he wanted to expand his knowledge and skills in areas such as corporate valuation, finance, and strategy, and apply them to his own enterprises.
Yo Gotti has been taking online courses at UCLA since December of 2023, and he said he enjoys the challenge and the opportunity to learn from some of the best professors and peers in the field.
Yo Gotti is now worth $100M
Yo Gotti has quietly built quite the financial empire and is now sitting nicely at an estimated net worth of $100 million, according to Celebrity Net Worth.
In addition to his CMG Music Group, which is home to artists including Moneybagg Yo, GloRilla and Blac Youngsta, he also has a minority stake in the MLS team D.C. United and owns the restaurant Prive in Memphis. He said he is always looking for new opportunities and partnerships that align with his vision and values.
A portion of how he’s built such an empire is by not spending frivolously. In an interview last summer, Yo Gotti explained his refusal to fly private, as he believes there are smarter ways to spend his hard-earned cash.
He said he prefers to invest his money in assets that appreciate in value, such as real estate, stocks, and businesses.