Born in New York, Fat Joe is a rapper and producer with a net worth of $4 million. He rose to fame in the early ’90s as part of the D.I.T.C Crew and later embarked on a thriving solo career.
The establishment of his music label, Terror Squad, further solidified his place in the industry. Collaborating with major figures in music, Fat Joe has left an indelible mark.
Beyond music, he has ventured into acting, featuring in various movies and hosting the Coca Vision podcast.
In the early 1990s, Fat Joe gained prominence as a member of the hip-hop collective D.I.T.C. (Diggin’ In The Crates).
His debut album, “Represent,” hit the shelves in 1993, boasting the chart-topping single “Flow Joe” on the Billboard Hot Rap Singles chart.
This initial triumph paved the way for a long and successful career that spans decades.
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, hails from the South Bronx neighbourhood of New York City.
Growing up in a tough, economically challenged area, Cartagena found himself drawn into a life of crime at a young age.
Describing himself as a “bully” during his school years, he resorted to theft to support his family. However, his life took a positive turn when his brother introduced him to his true passion – Hip-Hop music.
Career
In 1992, Cartagena adopted the stage name “Fat Joe da Gangster” and joined the Diggin’ in the Crates Crew (D.I.T.C).
This marked the beginning of a successful career, with collaborations that would later enable him to establish his record label. His debut solo album, “Represent,” released in 1993, featured the hit “Flow Joe,” propelling him into the music scene.
Subsequent albums, such as “Jealous One’s Envy” and “Don Cartegena,” showcased his growing influence, especially with the emergence of the Terror Squad.
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Fat Joe’s peak came with the album “Jealous Ones Still Envy,” featuring the timeless hit “What’s Luv.” Despite subsequent releases, this success remained unmatched.
50 Cent Feud
In 2004, the Terror Squad’s “True Story” album, highlighted by the hit “Lean Back,” marked a pinnacle in Fat Joe’s career.
However, 2005 saw the beginning of a well-publicized feud with 50 Cent, triggered by Fat Joe’s collaboration with Ja Rule.
This feud escalated, with diss tracks and public insults reaching a climax at the MTV Video Music Awards.
Despite the ongoing conflict, Fat Joe continued to produce hits, including the Grammy-nominated “Make It Rain.”
Legal Issues
Throughout his career, Fat Joe faced legal challenges, including assault charges and involvement in murder trials. In 2012, he pleaded guilty to tax evasion, resulting in a four-month prison sentence.
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
Fat Joe, married to Lorena Cartagena, has three children. Despite a significant weight loss, he retained his stage name for marketing reasons. In 2022, he acquired a custom Rolls Royce Cullinan for $450,000.
Real Estate
Fat Joe’s real estate ventures include a custom-built home in Plantation, Florida, listed for $2 million in 2010. He has also engaged in legal settlements, paying over $7 million for various altercations.
Legal Settlements
Fat Joe has settled numerous legal issues over the years, with payments exceeding $7 million. Notably, he paid $500,000 in 1998 for assaulting someone with a baseball bat.
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 |
Fat Joe’s Expenditures
Despite legal challenges, Fat Joe has contributed over $4 million to donations and community initiatives, representing half of his net worth. Additionally, he donated one of his villas for conversion into a child orphanage.