Migos is one of the famous American Hip Hop group formed by three artists whose stage names are; Offset, Takeoff, Quavo. The trio founded Migos in 2008, in Georgia. Migos is an American Hip Hop trio. Their original names are; Quavo- Quavious Keyate Marshall, Takeoff- Kirshnik Khari Ball, Offset- Kiari Kendrell Cephus. The trio originally was known as Polo Club and later changed the name. The members are directly related, Quavo is the uncle of Takeoff and the cousin of Offset. The present Migos Net worth is 80 Million.
Contributory Factors To Present Migos Net Worth
In touring years they can earn the highest wealth with their live shows. In the year 2017-2018 with 93 live shows they earned roughly 25 Million with hip hop. Their present net worth of 80 Million did not pop up overnight but it came with a long struggle. They started the group in 2008, but it got fame in 2012 after launching the song “Bando”- which became an internet sensation.
After getting recognition for their song in 2012 through the internet, in the year 2013, Migos released a hit single- Versace and earned its name in Billboard Hot 100. One artist then used this song, to make a remix, and the song reached a new audience. Not only the song but the Migos earned more fame after artist Drake, remixed their song. So after earning fame and doing live shows, they had earned a net worth of 80 Million.
Passive Income
One of the main reasons for the rich to get richer is their passive income. Migos also has passive income, which has helped them in adding their Net worth. Their passive income comes from, streaming, records sales and merchandising. Their mixtape is currently streaming on Spotify through which they earn the amount of 12000-16000 dollars per day.
They have their deal with label entails for royalties’ rights, in which Migos get 70% of royalty and label entails get rest 30% of royalty. They have collaborated with the Quality control merchandise site, and together they earn 2800 dollars per week in each merch sale. Through mixtape hosting websites they have earned a good amount of money.
Early Life and Solo Career Of Migos
Migos are internally related to each other and they all grew up in one home together. All three were raised by Quavo’s mother. They grew up watching Hip hops and famous rappers. They grew up listening Outkast-American Hip Hop duo, Gucci Mane- American rapper, Hot boys- American Hip Hop group, Lil Wayne- American rapper, Master P- American rapper.
The trio is successful and has earned good fortune with their Hip hop music. But despite this, the three of them have individual careers apart from Migos. Takeoff was born on 18 June 1994 and he is the youngest member of Migos. Offset was born on 14 December 1991. Offset is presently married to Cardi B, a fellow rapper. Quavo was born on 2 April 1991. He is the eldest member of the group.
They have a solo professional career and have recorded some solo albums of themselves alone. All three have collaborated with various tracks and albums and have released solo albums; Takeoff released his album in 2018- The last rocket, Quavo released his album October 2018- Quavo Huncho, Offset released his album in February 2019- Father of 4. Though they have a career and music profession of their own, as individuals all of them have the same Net worth of 26 Million.
Achievements and Awards Of Migos
With three Studio albums, one compilation album, forty-nine music videos, fifty-three singles, twelve Mixtapes, and one collaboration album, they have won some awards and have been nominated for many awards. They have made a guest appearance on some of the famous albums of other artists.
In 2017, BET awards, they have won two awards under the category of Best group and best collaboration for “Bad and Boujee”. Again in 2018, they have won BET awards under the category of Best group. Other than these they have been nominated for many categories like best group, video of the year, Hip hop artist of the year, Hip hop song of the year, and many more.
Migos Emphasizes
Here are the few best and highlighting careers of Migos
- Juug Season (2011)
- No Label (2012)
- Streets On Lock (2013)
- Solid Foundation (2014)
- Still On Lock (2015)
- Yung Rich Nation (2015)
- 3 Way (2016)
- Culture (2017)
- Culture II (2018)
- A Culture III (2020)
Some of The Legal Issues
In 2013, Offset was charged with legal issues, he was incarcerated for violation of his probation which he had received for theft and burglary. In 2018, they got themselves into trouble. They were late for their performance at Georgia Southern University, although they were late for an hour or so they left the stage early then they were supposed to do and the police department got suspected when they found the smell of marijuana coming out from their van.
Offset has a passion for getting into trouble; in 2015 attacked another inmate, causing him several injuries, at the time he was under custody. He got released after requesting a plea. He again was arrested for driving with an expired license for a day and later got released. Takeoff was once asked to leave a flight when he did not agree to move his bag to overhead storage. One anonymous rapper had filed a complaint against Migos, claiming that the trio had injured that rapper by pulling a gun on him.
Some Interesting Facts About Migos
Quavo used to play football in high school. Before Quavo started his professional career as a rapper, he used to play football as a quarterback in his high school. Quavo accepted once that his celebrity crush is Nicki Minaj.
They came up with the name Polo Club first and later changed it to Migos- meaning Friends in Spanish (Migos is a shorter version of Amigos). They always keep their security with them wherever they go. The reason behind that is they always keep their stack of money with them and have never put money in the bank. To protect the stack of cash, they always need security.
Some of the Famous Quotes from Migos
Quote 1:
“Is it my looks? Is it my wealth? Or is it the way I carry myself?”
Quote 2:
“All types of Euros and Yen, I got money in Berlin.”
Quote 3:
“Certified everywhere, ain’t gotta print my résumé.”
Quote 4:
“Never been a gopher but I always been a soldier.”
Quote 5:
“I’m young and rich and plus I’m bougie, I’m not stupid so I keep the Uzi.”
Quote 6:
“And they bustin’ for Instagram get your Klout up.”
Quote 7:
“Came a long way from kicking doors, now people they pay me in PayPal.”
Quote 8:
“No check, want all cash, I don’t do deposits.”
Wrapping Up
The popularity of Migos goes to its peak for the past couple of years. But that doesn’t come suddenly for Migos a lot of hard work hidden in that. Their work seems to be fresh and more attractive to the new age generation that’s the main reason for such steep popularity growth in a short period.
So far, Migos net growth $80 Million. Migos’ net worth faced a sudden increase mainly due to the various endorsement deals with popular brands. Beats by Dre, Champs Sports, Mountain Drew, athletic footwear are some of the brands which made deal with Migos. There is no doubt that their net worth will get an increase in the upcoming years.