Who is Moneybagg Yo and what is his net worth 2018? Mario Mims, better known as Yo Gotti and Moneybagg Yo, is an American rapper born in 1981 in Memphis. He grew up in Frayser, and began his music career as Lil Yo, with his crew and DJ Sound. He released lots of independent and major albums. The first album was “From Da Dope Game 2 Da Rap Game” in 2000 and since then he released six independent albums.
He is one of the Dirty South hardcore rappers from the late ‘90’s. Dirty south is not all about gangsta life, however, Yo Gotti wanted to present us a gangsta side of Dirty South and he took an inspiration from other gangsta rappers from the whole United States. His main influence was Dr. Dre, N. W. A., and 2Pac. His lyrics have popularised X-rated rap lyrics; however, he is not from a West Coast, because he was born in Memphis, the city of Gangsta Blac, Kingpin Skinny Pimp and other Dirty South rappers.
He performed in all around the Memphis in the late ‘90’s and after that; he began to build an amazing catalog. From his first album to his last he carried with his own style and lyrics without any wish to change his explicit attitude. Now he merged his own Collective Music Group with Jay Z’s Roc Nation Label.
Net Worth of Moneybagg Yo
His net worth is $400 thousand. His major studio album was first called “5 stars” and it was released in spring 2009. He peaked in top 100, R&B charts which was huge success for both a new comer and a hip-hop veteran. Whole album “Live from the Kitchen” debuted at 12 numbers on the US Billboard 200, where he sold 16 thousand copies in the first week in the United States. After three weeks the album has sold more than 30K copies in the US. His view for these low sales was a departure from his previous RCA record.
In 2013, he announced that his label made a distribution deal with Epic Records, and also announced his sixth studio album “I Am”. The first single is called “Act Right” where he collaborated with YG and Young Jeezy. The song peaked at 5 on hot 100 singles chart and 39 on R&B chart. The album was also a chart hit that made a huge impact on the music industry in that time. He made a tour in 2013 where he toured for two months with numerous collaborators and supporting acts.
He released in October 2013 the second single “King Shit” with T.I. and it was released to mainstream urban radio in the U. S. The music video was released and it got on the fifth spot on US Billboard chart. The third single of “I Am” album was “Cold Blooded” with Canei Finch and rapper J. Cole. The album was a better success than the first major one.
In the beginning of 2016, he announced new album “The Art of Hustle” and released the official cover for deluxe and standard version. It was released in the middle of February and immediately reached top five of Billboard 200. The lead single was “Down in the DM”, with Nicki Minaj and it was number 13 on the Billboard 100 which was his greatest single and chart result yet. Also, it became critically acclaimed and one of the highest single in the United States. Later in that year, he released the third single featuring Gotti “Better”.
At the end of 2016, he announced that he signed a record deal with Jay-Z, and Roc Nation Label, which was in partnership with his Collective Music Group.
After longing for the success, he became popular and his income got better in years, however, we can analyze him and say that his income was low with such experience. He started with his first major album that brought him around $400K and now we see him with a net worth of $400 thousand. We can all expect that he will become even bigger and wealthier because his popularity just started and as we see today’s trend, he can only become more and more popular.