Irv Gotti, real name Irving Domingo Lorenzo Jr., is an American DJ, music producer, record executive, and the CEO and co-founder of Murder Inc. Records. He was born on June 26, 1970.
He is well known for his work with Jay-Z, DMX, and Kanye West as well as for producing numerous number-one singles for Ashanti, Ja Rule, and Jennifer Lopez. The Tales television series on BET was also created by Gotti.
What Is The Net Worth Of Irv Gotti?
Irv Gotti is a $14 million-dollar American record producer that specializes in hip-hop and R&B music. Irv Gotti is most known for being the co-founder and CEO of the famed hip-hop record label Murder Inc. However, Gotti has also contributed significantly to the creation of numerous notable singles throughout the years as a DJ and record producer.
He has collaborated with a number of well-known artists, including Ashanti, Ja Rule, Jennifer Lopez, Jay-Z, DMX, and Kanye West. Irv is an accomplished record executive who is well-versed in the business of music.
In Hollis, New York City, on June 26, 1970, Irving Domingo Lorenzo Jr. was born. Along with his brother Chris, he was reared together, and the two would eventually form Murder Inc. Irving had a total of seven more siblings. The family had financial difficulties because his father worked as a cab driver.
Finally, Lorenzo Jr. was persuaded to start trafficking drugs to generate money. Thankfully, the police were able to stop Irving’s adventure into crime when they apprehended him not long after he started selling crack and cocaine. After this, Lorenzeo Jr. purportedly “turned straight,” but he continued to be acquaintances with a number of local gang members.
Irv Gotti was given his own label within Def Jam by Russell Simmons after assisting Def Jam with the success of DMX and Jay-Z. Irv Gotti chose the name Murder, Inc. for his record company after seeing the Murder, Inc. logo on the screen of Biography on A&E during gangster week. Murder, Inc. released hits for murder, and Irv wanted to release hit music.
Irv, Ja Rule, and the Murder Inc. label were all parties to a highly publicized dispute with G-Unit Records, Aftermath Records, and Shady Records concerning Ja Rule and 50 Cent’s past.
Following this, Murder Inc. changed their name to The Inc. after charges of money laundering were brought against Gotti and his brother Christopher in connection with alleged financial transactions involving New York City drug lord Kenneth “Supreme” McGriff in 2003. This investigation included a raid on the Murder Inc. offices in Manhattan.
A jury cleared the brothers of all charges on December 2, 2005. The label would alter its name to better appeal to the general audience.
Irv would relocate the label to Universal Motown under the The Inc. name and sign Vanessa Carlton. Heroes and Thieves, Vanessa Carlton’s third album, was co-produced by Gotti, Channel 7, Rick Rubin, and Stephan Jenkins. It was released on October 9, 2007.
Early in May 2009, Gotti revealed that his label, Murder Inc., was leaving Universal Records in an interview with Angie Martinez. Irv Gotti’s new company, Visionary, relaunched Murder Inc. as an umbrella label in September 2013.
Irv Gotti paid $3.636 million for a house in Encino, California, in 2018. The house was described as having “farmhouse” aesthetics and had only been built a year earlier. The house is situated on a quarter-acre site with a fire pit, covered patio, and a swimming pool.
The residence’s interior measures 6,600 square feet and has five bedrooms as well as features like a walk-in closet and a private terrace.