Worse, TMZ states, Gotti tried to make a deal to sign Fletcher behind his manager’s’ back and recruit him over to his label for $150K, so the manager sued Gotti. Gotti got himself a new crib. © 2020 Rolling Out. a lawsuit filed by Jay-Z against Mississippi for the neglectful treatment of inmates that has resulted in five deaths. All Rights Reserved. It was mere months ago that Yo Gotti lost half a million dollars while playing blackjack at Shawn Carter Foundation's Charity Gala with Jay-Z, but it looks like the tough blow at the time didn't set Gotti back too much. In a recent interview, Gotti discussed his passion for real estate and how his collection of houses accumulated. Yo Gotti Shows Off New Mansion Two Months After Gambling Away $500K. The judge found that Gotti engaged in a pattern of behavior of “willful, unfair, and deceptive acts,” so he tripled the penalty. "I didn’t have education or information about real estate at the time," Gotti shared. "Real estate was one of the first things I was doing. I kinda like mistakenly fell into that," he shared. Get the hottest music, news and videos delivered directly to your inbox. As he films his pool lit up with pink, blue, and green lights, he recalls how he "used to have to jump people's fences just to hit the pool, go to other neighbourhoods and...have to sneak to get in the pool.". Yo Gotti is going to need the large monetary settlement he won the other day when an auto body shop crashed and totalled his beloved Lamborghini. In the clips on his stories, Gotti paints a picture of how far he's come.
By using this site, you agree to our: Nike Launches "Valentine's Day" Air Max 97: Purchase Links, Nick Cannon Responds To Orlando Brown's Wild Oral Sex Claims: "Hurts My Heart", Yo Gotti lost half a million dollars while playing blackjack, "As I started doing concerts and more concerts, a letter to the governor of Mississippi about the state's inhuman prison conditions. When Gotti was served the legal papers, he reportedly blew it off and never showed up for court to confirm or deny the allegations. Yo Gotti – (Photo Credit: Eddy “Precise” Lamarre). "I would buy a house, and try to buy a house every month.” This hobby of sorts was not a result of any formal training, though. Consequently, the judge ruled in Fletcher and his manager’s favor to the tune of $2.2M in damages. The rapper recently shared some footage of his brand new mansion, showing off the purchase in an Instagram post and on his story.
The entertainment show obtained legal documents that show Gotti was paid $20K to go into the studio and record a song with Young Fletcher back in 2016. Yo Gotti is going to need the large monetary settlement he won recently when an auto body shop employee totaled his beloved Lamborghini after joy riding in the luxury whip. This site uses cookies. However, things started to pick up quickly from there. "I learned after I bought a few houses, and then I kind of fell in love with the rehabbing of the houses and fixing them up and just the whole process and turned it into a business.” The Roc Nation artist recently wrote a letter to the governor of Mississippi about the state's inhuman prison conditions, which ultimately resulted in a lawsuit filed by Jay-Z against Mississippi for the neglectful treatment of inmates that has resulted in five deaths. Gotti even tried to recruit the rapper behind his manager’s back, TMZ reports.
"I bought a house early in my career, and in my head, it was like, 'If everything goes wrong, I own this one house.'"
The manager has already reportedly vowed, through his attorney, to collect on Gotti’s outstanding court debt, even if he has to go after Gotti’s house in Bel-Air and his luxury cars in order to satisfy the judgement. "Don’t Ever Let Someone Tell You Hard Work Don’t Pay Off ð ðð¾ð°#NewHouseAlert #StraitghtOutTheProjects #CMG," he wrote in the caption of the post. That 66K could probably go towards paying down a gargantuan settlement that a judge slapped Gotti with for theft by deception from another artist. ... even if he has to go after Gotti’s house … It was mere months ago that Yo Gotti lost half a million dollars while playing blackjack at Shawn Carter Foundation's Charity Gala with Jay-Z, but it … Privacy Policy Visitor Agreement. And now Gotti owes Fletcher’s manager $6.6M altogether. In the video, Gotti takes his followers on a tour of his massive pool and bar area in his backyard, narrating along the way. But that’s not the end of Gotti’s monetary woes. Yo Gotti New Mansion Looks Like A Luxurious Resort - YouTube
The Memphis-made rapper, 38, who was born Mario Mims, was on the wrong end of a default judgement of nearly $7M dollars after he pocketed big money to collaborate with an artist, but then dipped on him. The problem is, after getting the money and doing the song, Gotti did not release the song. "As I started doing concerts and more concerts, I started buying more houses," he revealed.
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