Profile
American Rapper
#62 in Rappers today
As of 2024, Fat Joe’s net worth is $15 million. Fat Joe earns $3 million annually through his music and an Italian restaurant in New York in which he invested $710K a while ago.
Legal Settlements
Over the years Fat Joe has engaged in many assaults and altercations which resulted in his legal troubles. Fat Joe has paid over $7 million in legal Settlements in the past three decades.
If not for these legal troubles, Joe’s net worth could have been much higher. For instance, In 1998 Fat Joe paid $500k to a person whom he assaulted with a baseball bat, according to a report in Forbes.
Fat Joe’s Expenses
Fat Joe has generously allocated a considerable portion of his wealth to donations and community initiatives. Throughout his career, he has contributed more than $4 million. Joe also donated one of his villas to be converted into a child orphanage.
Fat Joe Net Worth 2024 (Forbes)
| 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 |
Real Estate Deals & Investments
Fat Joe’s real estate portfolio, valued at $8 million, includes notable properties and profitable deals. He purchased a modern home in Miami, Florida, for $4 million in 2020 and sold it for $5 million in 2023, making a $1 million profit.
Additionally, Fat Joe acquired a loft in New York City’s Tribeca neighborhood for $1.8 million in 2018 and sold it for $2.5 million in 2021, earning a $700,000 profit. His successful property investments highlight his savvy in real estate.
10 Facts about Fat Joe
- Real Name: Fat Joe was born Joseph Antonio Cartagena on August 19, 1970, in the Bronx, New York.
- Early Career: He gained fame in the 1990s with his debut album Represent.
- Notable Group: He is a founding member of the hip-hop group Terror Squad.
- Hit Single: His 2001 single “What’s Luv?” featuring Ashanti was a major hit.
- Collaboration: He has worked with a range of artists including Big Pun, Remy Ma, and DJ Khaled.
- Business Ventures: Fat Joe has dabbled in acting and is involved in various business ventures.
- Philanthropy: He is known for his charitable efforts, including support for hurricane relief and youth programs.
- Awards: He has received several nominations and awards, including from the BET Hip Hop Awards.
- Influence: Fat Joe is recognized for his impact on the Latin hip-hop scene.
- Personal Struggles: He has been open about his past struggles with the law and his efforts to turn his life around.