Migos is a popular hip-hop group that has been in existence since 2008. It consists of three members Takeoff, Quavo, and Offset. So, with their success in music, what is their net worth? Apart from that, I am sure that you would like to know more about Migos.
So, read this article to the end and learn more about Migos. The three talented singers are songwriters and rappers. Other than hip-hop, they also sing trap and mumble trap genres.
Yung Rich Nation was there the first album was released in 2013. Since then they have also released other albums such as Culture and Culture II. Additionally, their fame is widely credited to their thrilling singles like Versace, Motorsport, Fight Night, and Look at My Dab.
Migos’ Early Life
All three rappers were raised differently but are all related. Offset and Quavo are cousins while Takeoff is the nephew to Quavo. Migos grew up together in the same house. They were taken care of by the elder sister to Quavo, who is the mother to Takeoff.
Takeoff’s real name is Kirshnik Khari Ball. 1994 was the year when Takeoff was born in Lawrenceville in Georgia. The legal name of Quavo is Quavious Keyate Marshall. He too was born in Georgia but in Athens in 1991. The mother to Quavo is known as Edna Marshal. At four, Quavo lost his dad.
Offset is known as Kiari Kendrell Cephus and was also born in Georgia. Quavious went to Berkmar high school and used to play football.
Music Career
Polo Club was the initial name Migos called themselves back in 2008. Their first mixtape was called Juug Season which they released in 2011. The following year 2012 they released another mixtape titled No Label.
Their first single was known as Versace ad they released it in 2013. However, it wasn’t so popular until Drake did a remix of the song. In the same year, they also released another mixtape called Young Rich Niggas.
In 2014 they dropped another mixtape called No Label 2, and in the same year they also dropped Yung Rich Niggas 2 mixtape. 2014 was also a good year for the group as they entered a deal with 300 Entertainment.
Migos released their first album ‘Yung Rich Nation’ in 2015. However, a year after signing a deal with 300 Entertainment they left the record label and became independent. That didn’t last for long as they were signed by Kanye West’s record label ‘GOOD Music.’
Two years after releasing their first album they dropped their second album called Culture. After that, they began producing songs for their second album Culture II. The first song on Culture II was Motorsport which they featured Nicki Minaj and Cardi B.
Currently, they are planning to release Culture III. The album was supposed to be dropped in 2019, but they delayed it to 2020. Their plans were scattered due to the current Covid-19 pandemic.
To keep their fans happy and patient for the fourth album they have released a quarantine mixtape. Follow them online to get to listen to this mixtape.
Problems with Security Enforcement
The group has been full of controversies for a long time. The first member to find himself on the wrong side with the police was Offset. After been granted probation for committing theft and burglary. Offset violated the probation term hence was jailed at DeKalb County jail.
The next event involved the whole group. They went to perform at Georgia Southern University during spring. The problem that led to them having trouble with the police is they found with marijuana and firearm in a school vicinity.
They, together with their entourage, were all arrested, but they were out on bond. During his time in DeKalb County, jail Offset attacked a fellow inmate injuring him badly.
They have also had problems with fellow rappers. One of them is XXXTentacion. He accused the trio of causing injuries and pulling a gun on him.
Awards
Migos have been nominated for several awards but have won some of them. In 2017 they were selected by BET for the Best Group and Best Collaboration, and they won the two nominations. In 2018 they also got a nomination for the Best Duo or Group by BET Awards which they won too.
Migos’ Net Worth
Migos net worth is approximately $80,000,000.
Here is a breakdown of how Migos earned their wealth.
While signed under 300 Entertainment, the trio used to make about $40,000 each show. However, the fee increased to $60,000 when they parted ways with the record label. As of now, the group are paid at least $150,000 per show.
When they joined the Quality Control record label, Migos make at least $270,000 per concert. A year after signing with the record label they attended ninety-three shows and got paid $25,000,000. Currently, they are signed with Capitol music record label.
Apart from shows, they have several endorsement deals. First, they have an agreement with Mountain Dew, a famous soft drink around the world. They advertise the soft drink company through Tv adverts. They also have an endorsement deal with Avianne Jewelers. Other companies they have contracts with include; Beats by Dre, Can-Am motorcycle, Champ Sports, and Finish Line ( a clothing company).
Additionally, they have luxurious things like huge mansions and cars. They have the following vehicles like McLaren 650s Spider that costs $288,000. They also own different models of Bentley, Lamborghini, Mercedes, Rolls Royce, and Ferrari. Presently, Quavo holds a McLaren 720s that is estimated to be worth more than $500,000 after customization.
If you have watched most of their music videos, they love expensive jewelry. Some of the jewelry they wear are custom-made. For example, Takeoff has an intergalactic diamond chain that is said to cost $500,000.
They also have a private jet that is worth $25,000,000. Also, it is said that when all their shoes cost about $1,000,000.
With this kind of spending, this shows how wealthy Migos are but due to their hard work.
Conclusion
If you have been wondering how much Migos are worth I am sure that you have now known. Follow Migos on online platforms to get to listen to their music. Thanks for reading to the end. Nice time.