Fat Joe Net Worth: Career and Business

What is Fat Joe’s Net Worth?

Fat Joe is a New York-born producer and rapper with a net worth that is $4 million. After making a name for himself in the 90s as a member of D.I.T.C. Crew, D.I.T.C. Crew, Fat Joe began a solo career.

In the end, he launched his label of music called Terror Squad. Through the decades, Fat Joe has collaborated with some of the most renowned artists in the world of music. Outside of the music industry, Fat Joe has appeared in numerous films.

Early Life

The real name of Fat Joe is Joseph Antonio Cartagena. He was born on the 19th, 1970. He was born in the South Bronx neighborhood of New York City. Cartagena is of Cuban as well as Puerto Rican descent. Since he was raised in a slum, poor area, Cartagena was driven to the existence of crime from a young age.

Cartagena was described as a “bully” in school and would often steal to provide for his family. In his early years, Joseph’s older brother introduced him to his real passion: Hip-Hop music.

Career

In 1992, Cartagena was given the stage name “Fat Joe Da Gangster” and was a part of the Diggin’ in the Crates crew (D.I.T.C.). In this period, it was his turn to collaborate with various musicians and make important connections through networking that he later utilized to establish his record label. He was initially registered with Relativity Records, and in 1993, he was set to make the first album of his career.

Representwas Fat Joe’s debut solo album. It also featured the hit track “Flow Joe.” The track climbed to the top of the Rap Charts and helped Fat Joe start his career in music with a big bang. The year 1995 saw him return by releasing his second studio album, The Jealous One’s Love.

The song “Envy” was a hit on the charts, further consolidating the success of Fat Joe. His success was boosted further when he met L.L. Cool J during a session at the studio. He was invited to the recording booth to record”I Shot Ya,” a track “I Shot Ya,” and then later was featured on the video for “I Shot Ya.

At this time, Fat Joe also started working with Big Pun, whom he came across. The year 1998 was when Fat Joe collaborated with artists like Nas, Diddy, and Bone Thugs-N-Harmony on his third album Don Cartegena. The track with the same title was later an instant hit and so was “Bet Ya Man Can’t Triz.”

The album also introduced Fat Joe’s brand new group, Terror Squad, which consisted of Big Pun, Cuban Link, Prospect, and others. Terror Squad was also the name of the new Fat Joe recording label and promoted various artists under the banner.

Fat Joe collaborated with famous musicians on the fourth studio album, Jealous Ones Still Envy. The album was recorded by Irv Gotti and included artists like Ashanti, Ja Rule, and Ludacris. While “We Thuggin'” is a massive success from the album, it was completely obliterated by “What’s Luv.”

It was, in my opinion, Fat Joe’s biggest-selling track of all time; it included Ashanti along with Ja Rule and is now among the top timeless and nostalgic songs from the early 2000s. It was an amount of success that Fat Joe would never again beat with another album, not even the 2002 album Love. Then, Jealous Ones Still Envyachieved platinum certification.

50 Cent Feud

In 2004 Terror Squad released their last album, True Story. The album included the smash hit “Lean Back,” which was a collaborative effort with Remy Ma. The song remained at the top of the charts for three weeks and was one of the most successful tracks ever.

It was in 2005 that Fat Joe began his famous battle between 50 Cent and Fat Joe. It began in the form of Ja Rule, as 50 Cent had criticized Fat Joe for working with the rapper. Fat Joe fired back with the track that criticized him in his album Sixth All Or Nothing. The album also included artists like R. Kelly, Eminem, and Remy Ma.

His dispute with 50 Cent got heated to the point that Fat Joe publicly criticized 50 Cent for his cowardice and lack of street credibility. The tensions reached a boiling point at the MTV Video Music Awards in 2005, when Fat Joe insulted 50 Cent while performing, causing 50 Cent to leap onto the stage and shout profanities. The show then went interrupted for commercials.

Fat Joe then collaborated with Lil Wayne on his seventh album, Me, Myself and I. The album was nominated for Grammys and produced the hit song “Make It Rain.” It was a time of rivalry for 50 Cent, as well as Fat Joe, continued during this time. After Fat Joe released The Elephant in the Room, 50 Cent mocked the new album and claimed that his mixtape was more popular and that he was the only one who “ended” Fat Joe’s career.

In the following months, Fat Joe continued to collaborate with a variety of artists with the release of albums such as J.O.S.E. 2 and The Darkside Vol. 1. After signing a new contract in partnership with E1 Music, Fat Joe announced that he would release two additional Darksidemixtapes as well later quit. Over the next several months, Fat Joe continued to release music in collaboration with other artists like Cool and Dre, Ludacris, ASAP Rocky, Wiz Khalifa, and French Montana.

Legal Issues

Fat Joe has struggled with various legal issues throughout his career. At least twice on a separate occasion, Fat Joe has been accused of assault. Fat Joe has also been asked to be a witness in two murder trials. The defendant was the bodyguard for Fat Joe. In another murder trial, Fat Joe was sitting in the vehicle with two other men who were fatally shot, and the following day, he was questioned as an expert witness in the trial.

As of 2012, Fat Joe pleaded guilty to tax fraud. Between 2007 and 2010, Fat Joe failed to pay any tax on his $3 million income. In the end, Fat Joe was sentenced to four months in prison.

Real Estate

In 2000 Joe purchased a piece of property for $115,000 in Plantation, Florida, near Fort Lauderdale. Then, he built a custom 5,300 square-foot house. He put the house up on the market in 2010 at $2 million but could not find an interested buyer. At the time of writing, the property is still his.

 

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