Biography
Fat Joe Net Worth: Rapper And Producer Extraordinaire From D.I.T.C Crew To Solo Stardom
Born in New York, rapper and producer Fat Joe has amassed a net worth of $4 million. Rising to fame in the early ’90s with the D.I.T.C Crew, he transitioned into a flourishing solo career.
Notably, he founded his own music label, Terror Squad. Throughout his journey, Fat Joe has engaged in collaborations with some of the music industry’s most significant figures.
Beyond music, he has made appearances in various films and serves as the host of the Coca Vision podcast.
Fat Joe’s initial breakthrough occurred in the early 1990s within the hip-hop collective D.I.T.C. (Diggin’ In The Crates).
His debut album, “Represent,” hit the shelves in 1993, featuring the chart-topping single “Flow Joe” on the Billboard Hot Rap Singles chart.
This early triumph laid the foundation for a multi-decade career in the music industry.
Fat Joe Net Worth 2023
Full Name | Joseph Antonio Cartagena |
Profession | American Rapper |
Net Worth | $15 Million |
Annual Income | $3 Million |
Spotify Revenue | $1.7 Million |
Concert Income | $125k per show |
Early Life
Fat Joe, born Joseph Antonio Cartagena on August 19, 1970, in the South Bronx, New York City, hails from a Cuban and Puerto Rican background.
Growing up in a tough, impoverished neighborhood, Cartagena turned to a life of crime in his early years.
He described himself as a “bully” during his school days, engaging in theft to support his family. It wasn’t until his brother introduced him to Hip-Hop music that he discovered his true passion.
Career
In 1992, adopting the stage name “Fat Joe da Gangster,” he joined the Diggin’ in the Crates Crew (D.I.T.C), creating valuable connections.
His debut album, “Represent,” released in 1993, featured the hit “Flow Joe,” propelling him to the top of the Rap Charts.
The success continued with albums like “Jealous One’s Envy” and “Don Cartegena,” where he introduced his group, Terror Squad.
His collaboration on “What’s Luv” in the album “Jealous Ones Still Envy” marked a pinnacle in his career.
50 Cent Feud
In 2004, Terror Squad’s “True Story” album, featuring the hit “Lean Back,” showcased Fat Joe’s success.
However, 2005 brought a feud with 50 Cent, starting with criticism for collaborating with Ja Rule. This feud escalated, leading to diss tracks and public insults, creating a notable controversy during the MTV Video Music Awards.
Grammy-Nominated Success
Fat Joe’s seventh album, “Me, Myself & I,” featured a collaboration with Lil Wayne, producing the Grammy-nominated hit single “Make It Rain.”
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Despite the ongoing feud with 50 Cent, Fat Joe continued releasing albums like “The Elephant in the Room.”
Legal Issues
Fat Joe faced legal challenges, including assault charges and witnessing murder trials involving his bodyguard and associates.
In 2012, he pleaded guilty to tax evasion, resulting in a four-month prison sentence for failing to pay taxes on $3 million of income.
Fat Joe’s Assets
Assets: | $9 Million |
Liabilities: | $600,00 |
Monthly Spends: | $100,000 |
Luxury Cars: | 12 |
Stock Portfolio: | $1.8 Million |
Luxury Watches: | 30+ |
Personal Life
Married to Lorena Cartagena, Fat Joe has three children and has resided in Miami and Tenafly, New Jersey. Despite a significant weight loss, he maintains his stage name for marketing purposes.
Real Estate and Financials
In 2000, Fat Joe invested in Plantation, Florida, building a home later sold to Instagram personality Malú Trevejo.
Net Worth Timeline
Fat Joe Net Worth 2023 | $15 Million |
Fat Joe Net Worth 2015 | $10 Million |
Fat Joe Net Worth 2010 | $ 8Million |
Fat Joe Net Worth 2005 | $3 Million |
Fat Joe Net Worth 1990 | $4,000 |
He purchased a custom Rolls Royce Cullinan in 2022 for $450,000. Despite legal settlements exceeding $7 million, he has donated over $4 million to community initiatives and converted one of his villas into a child orphanage.
Legal troubles have impacted his net worth, exemplified by a $500k settlement for assaulting someone with a baseball bat in 1998.