Daddy Yankee Forces Shutdown of $200M Empire After Ex-Wife Allegedly Destroys Evidence in Federal Lawsuit

The $200 Million Empire’s Collapse

El Cartel Records represented more than a business venture—it embodied Yankee’s transformation from underground performer to global superstar. Founded in 2003, the label produced chart-topping albums and facilitated partnerships with major international distributors.

The trust Yankee placed in Mireddys González, appointing her to key management positions while allowing her sister significant operational authority, created the access necessary for the alleged scheme. Court documents reveal Yankee was systematically excluded from his own company’s financial oversight for over a year before legal intervention.

By December 26, 2024, a federal judge granted Yankee full corporate control, but forensic analysis revealed the damage was irreversible. On April 23, 2025, he formally dissolved El Cartel Records, citing the impossibility of conducting business without accurate financial records or audit compliance.

Looking Forward: Recovery and Accountability

Yankee’s federal lawsuit seeks monetary damages exceeding the alleged theft amount, plus punitive awards for evidence destruction. The case demands return of any recoverable deleted materials and seeks permanent injunctions preventing further asset dissipation.