Fat Joe Net Worth: Fat Joe is a New York-born rapper and producer who has a net worth of $4 million. After making his name with the DITC Crew in the early ’90s, Fat Joe pursued a successful solo career. Eventually he founded his own music label called Terror Squad. Over the years, Fat Joe has worked with some of the biggest names in the music industry. Outside of music, Fat Joe has appeared in a number of films.
Fat Joe’s real name is Joseph Antonio Cartagena. He was born on August 19, 1970 in the South Bronx borough of New York City. Cartagena is of Cuban and Puerto Rican descent. Growing up in a rough, impoverished neighborhood, Cartagena was drawn into a life of crime from an early age. He referred to himself as a “bully” during his school days, and he often stole to support his family. At a young age, Joseph’s brother introduced him to his true passion in life: hip-hop music.
In 1992, Cartagena adopted the stage name “Fat Joe da Gangster” and joined the “Diggin’ in the Crates Crew” (DITC). During this time he had the chance to work with a number of artists and make valuable contacts that he would later use to build his record label. He was first signed to Relativity Records, and by 1993 he was ready to release his debut album.
Represent was Fat Joe’s debut solo album, and it included the hit “Flow Joe.” The track peaked at the top spot on the rap charts and helped Fat Joe start his music career with a bang. His second album Jealous One’s Envy followed in 1995 . The track “Envy” charted well, further cementing Fat Joe’s success. It went a step further when he met LL Cool J during a session in the recording studio. He was invited to the booth to record the track “I Shot Ya” and later appeared in the music video.
It was also during this time that Fat Joe began working with the Big Pun, which he personally discovered. In 1998 Fat Joe collaborated with artists like Nas, Diddy, Bone Thugs-N-Harmony on his third album Don Cartegena . The track of the same name became a big hit, as did “Bet Ya Man Can’t Triz.” This album also served to introduce Fat Joe’s new group called Terror Squad, which consisted of Big Pun, Cuban Link, Prospect, and others. Terror Squad was also the name of Fat Joe’s new record label, and he promoted several artists under that banner.
Fat Joe continued collaborating with prominent musicians for his fourth album Jealous Ones Still Envy . The album was produced by Irv Gotti and featured artists such as Ashanti, Ja Rule and Ludacris. Although “We Thuggin’” was a big hit off the album, it was completely overshadowed by “What’s Luv”. Arguably the most successful Fat Joe song of all time, the title featuring Ashanti and Ja Rule has since evolved into one of the most timeless and nostalgic tracks from the early ’00s. It all contributed to a level of success that Fat Joe would never surpass with any other album, including 2002 ‘s Loyalty . Eventually, Jealous Ones Still Envy received platinum certification.
In 2004, Terror Squad released their final album, True Story . The album contained the hit “Lean Back”, which was created in collaboration with Remy Ma. The track stayed at number 1 on the charts for 3 weeks and proved to be one of Fat Joe’s most successful songs of all time. In 2005, Fat Joe began his famous feud with 50 Cent. It all started with Ja Rule, as 50 Cent had criticized Fat Joe for working with the rapper. Fat Joe fired back with a diss track on his sixth album All or Nothing . The album also featured artists such as R. Kelly, Eminem and Remy Ma
His feud with 50 Cent eventually escalated, with Fat Joe publicly criticizing 50 Cent for cowardice and lack of street credibility. Things reached a boiling point during the 2005 MTV Video Music Awards when Fat Joe berated 50 Cent onstage, causing her to jump onstage and yell obscenities. The award ceremony quickly turned into a commercial break.
Fat Joe then collaborated with Lil Wayne on his seventh album Me, Myself & I. This resulted in the Grammy-nominated hit single “Make It Rain”. The rivalry between 50 Cent and Fat Joe continued during this period. After Fat Joe released The Elephant in the Room , 50 Cent derided that new album, claiming that his mixtape was selling more units and that he single-handedly “ended” Fat Joe’s career.
Over the next few years, Fat Joe continued to collaborate with a number of artists, releasing albums such as JOSE 2 and The Darkside Vol. 1 . After signing a new record deal with E1 Music, Fat Joe announced that he plans to release two more Darkside mixtapes and then retire. Over the next few years, Fat Joe continued to release music through collaborations with artists such as Cool and Dre, Ludacris, ASAP Rocky, Wiz Khalifa, and French Montana.
Personal Life: Fat Joe has faced a number of legal issues throughout his career. On at least two separate occasions, Fat Joe has been charged with assault. He was also summoned as a witness in two separate murder trials. The accused man was Fat Joe’s bodyguard. In a separate murder trial, Fat Joe was in a car with two men who were fatally shot, and he was subsequently called as a witness at the trial.
In 2012, Fat Joe pleaded guilty to tax evasion. From 2007 to 2010, Fat Joe paid no taxes on $3 million in income. As a result, he was sentenced to four months in prison.
Real Estate: In 2000, Joe paid $115,000 for an acre of land in Plantation, Florida near Fort Lauderdale. He then custom built a 5,300 square foot home. He listed the house for sale for $2 million in 2010 but couldn’t find a buyer. At the time of this writing, he still owns the property.
|Aug 19, 1970 (49 years old)
|Actor, rapper, artist, voice actor, businessman, musician, music artist
|United States of America