Irv Gotti, the powerhouse behind Murder Inc. Records, has died at 54. TMZ confirmed his passing on February 5, 2025, leaving the music industry in shock. While the official cause has not been disclosed, reports suggest the musician suffered another stroke and a brain bleed.
His health had been a growing concern. After a stroke last year, Gotti was rarely seen without his cane. He spoke openly about his struggles with diabetes, admitting the record producer often skipped his insulin and found it nearly impossible to stick to a healthier diet despite repeated warnings from doctors. Fans who followed his journey knew Irv was fighting an uphill battle, but no one expected it to end this soon.
He helped shape hip-hop’s golden era, producing Can I Live on Jay-Z’s Reasonable Doubt and turning Murder Inc. into a powerhouse that catapulted Ja Rule and Ashanti to stardom. His influence was undeniable.
Along with his legendary career, Gotti also earned a massive amount of wealth.
Related: Irv Gotti’s Wife, Debbie Lorenzo: Their Marriage, Kids, and Family Life
What Was Irv Gotti’s Net Worth?
At the time of his passing, Irv Gotti had an estimated net worth of $25 million. While many knew him as the CEO and co-founder of Murder Inc., his influence stretched far beyond the label.
As a producer and DJ, Gotti helped shape the sound of hip-hop, working with some of the biggest names in the industry—Ashanti, Ja Rule, Jennifer Lopez, Jay-Z, DMX, and Kanye West, to name a few.
Murder Inc. was a powerhouse in its prime, selling over 30 million records and pulling in an estimated $500 million in revenue. Gotti wasn’t just behind the scenes—He was at the heart of it all, crafting hits that defined an era.
Besides, Gotti branched into television, creating the BET series Tales, which brought hip-hop stories to the screen.
His House and Real Estate
In May 2023, Gotti sold his Encino, California, home for $4.8 million. He had purchased this house in 2018 for $3.636 million. The property sat on a quarter-acre lot, complete with a swimming pool, a covered patio, and a fire pit—features.
Inside, the 6,600-square-foot home was just as impressive. It housed five bedrooms, a spacious walk-in closet, and a private balcony, offering the kind of comfort and luxury fitting for a hip-hop mogul.