Chief Keef Net Worth

What is Chief Keef’s Net Worth?

Chief Keef, the American rapper known for pioneering the “mumble rap” and “drill” sub-genres of hip-hop music, has a net worth of $1 million. Despite his financial success, Keef has faced numerous legal and financial challenges throughout his career.

Chief Keef’s Net Worth, Career, and Success Story (2023 Update)

Early Life

Keith Farrelle Cozart, born on August 15, 1995, grew up in Chicago’s South Side in a low-income apartment complex known as “O-Block.” Raised by a young mother, Cozart became involved with the Black Disciples gang at a young age. He displayed an early talent for rapping, crafting his own rhymes and recording them on cassette tapes using his grandmother’s karaoke machine.

Cozart dropped out of high school at the age of 15 to pursue his music career.

Career

Chief Keef gained recognition as a teenager with the release of mixtapes like “The Glory Road” and “Bang.” His breakthrough came when he started uploading tracks to his YouTube account, with one song, “I Don’t Like,” becoming a major hit and helping to popularize the “Drill” subgenre.

The success of “I Don’t Like” caught the attention of record labels, and Keef eventually signed a lucrative deal with Interscope Records.

Under Interscope, Chief Keef released his debut studio album, “Finally Rich,” which included the hit single “Love Sosa.” Despite his early success, Keef faced criticism for subsequent mixtapes that received negative reviews from critics. He attributed the decline in quality to his struggles with drug addiction.

After being dropped by Interscope in 2014, Chief Keef continued to release mixtapes independently. He also collaborated with other notable artists, such as Kanye West on the track “Hold My Liquor.” In recent years, Keef has announced plans for new projects, including the release of “Almighty So 2” and producing tracks for artists like Lil Uzi Vert.

Interscope Deal

In 2013, Chief Keef signed a three-album deal with Interscope Records worth over $6 million. The deal included a $440,000 advance and $300,000 for recording expenses. However, Interscope had the option to cancel the deal if Keef’s debut album, “Finally Rich,” did not sell 250,000 copies by December 2013.

The album fell short of this target, resulting in Keef being dropped by the label.

Since parting ways with Interscope, Chief Keef has released projects through his own label, Glo Gang. He has also faced legal issues, including lawsuits and arrests for various offenses, such as drug possession and assault.

Legal Issues

Chief Keef’s career has been marred by several legal issues. At the age of 16, he faced charges of heroin distribution and manufacturing, resulting in house arrest. He also faced charges for assaulting a police officer with a firearm and unlawful use of a weapon.

In 2013, Keef was accused of paying an assassin to kill a rival rapper, and he violated his parole by visiting a shooting range. He served two months in juvenile detention as a result. Additionally, he has faced lawsuits for missed performances, child support claims, and eviction from rental properties.

Real Estate

Chief Keef has been evicted from multiple rental properties throughout his career. In 2014, he was evicted from a rental property in Highland Park, Los Angeles, after falling behind on rent payments. Neighbors also raised concerns about his use of firearms on the property and the constant flow of guests.

Summary

Chief Keef, with a net worth of $1 million, has left an indelible mark on the hip-hop world through his contributions to the “mumble rap” and “drill” sub-genres. Despite legal and financial challenges, Keef continues to pursue his music career independently.

His early success and subsequent struggles serve as a testament to the complexities of the music industry and the personal journey of an artist.

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