| Net Worth: | $80.0 Million |
|---|---|
| Gender: | unknown |
| Height: | Unknown |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional Rappers |
| Last Updated: | 2023 |
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What is the Migos’ Net Worth?
Migos is an American hip hop group consisting of rappers Quavo, Offset, and Takeoff. They have a combined net worth of $80 million. Founded in Georgia in 2008, the group has become one of the most successful acts in hip hop. Known for their energetic performances and catchy songs, Migos has amassed a large fan base and achieved significant financial success.
Migos’s Net Worth, Career, and Success Story (2023 Update)
Early Life
The members of Migos were raised together in Gwinnett County, suburban Atlanta. Quavo, born Quavious Keyate Marshall, is the oldest member of the group. He was born on April 2, 1991, and grew up in Athens, Georgia. Offset, born Kiari Kendrell Cephus, is Quavo’s cousin and was born on December 14, 1991, in Lawrenceville, Georgia.
Takeoff, born Kirshnik Khari Ball, is Quavo’s nephew and the youngest member of the group. He was born on June 18, 1994, also in Lawrenceville, Georgia.
Career
Migos began their music career in 2008 under the name Polo Club. In 2010, they changed their name to Migos and released their first full-length project, the mixtape “Juug Season,” in August 2011. This was followed by the mixtape “No Label” in June 2012.
The breakthrough for Migos came in 2013 with the release of their single “Versace.” The song peaked at number 99 on the US Billboard Hot 100 chart and gained further recognition when Canadian rapper Drake remixed it. This led to the re-release of “Versace” as the lead single on their mixtape “Y.R.N.
(Young Rich Niggas)” in June 2013. The mixtape received positive reviews and helped establish Migos as rising stars in the hip hop industry.
Since then, Migos has released several successful albums and singles. Their second studio album, “Culture,” released in 2017, debuted at number one on the US Billboard 200 chart. The album featured the hit single “Bad and Boujee,” which reached number one on the US Billboard Hot 100 chart and became a viral sensation.
Solo Careers
While Migos is known for their work as a group, each member has also pursued solo projects. Quavo released his solo album “Quavo Huncho” in 2018, while Takeoff released “The Last Rocket” in the same year. Offset released his solo album “Father of 4” in 2019.
These solo projects have allowed each member to showcase their individual talents and further contribute to their overall net worth.
Earnings
Migos’ net worth has been steadily growing over the years. In the early days of their career, they made approximately $30,000 to $40,000 per show. However, after leaving their previous label and signing with Quality Control Music, their earnings increased significantly.
They now gross upwards of $150,000 per tour stop, according to Forbes.
In addition to their earnings from touring, Migos generates income from endorsement deals with brands such as Avianne Jewelers, Beats By Dre, and Champs Sports. They have also ventured into other business opportunities, such as launching the 2019 Can-Am Ryker three-wheel motorcycle in partnership with Can-Am motorcycles.
Summary
Migos’ combined net worth of $80 million is a testament to their hard work and talent. From their humble beginnings in Georgia to becoming one of the most successful hip hop groups in the industry, Migos has achieved remarkable success. Their catchy songs, energetic performances, and entrepreneurial ventures have contributed to their financial prosperity.
As they continue to release music and explore new opportunities, it is likely that their net worth will continue to grow in the coming years.
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