Migos Net Worth (2020): Earnings | Cars | House [UPDATED]

Ryan
By Ryan Williams
Migos Net Worth
22 November 2020
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Migos Net Worth & Earnings: Migos is an American hip-hop trio composed of Quavo, Offset, and Takeoff that has a net worth of $80 million.

Having been raised together in Lawrenceville Georgia, they formed their group way back 2008. However, they only became known in 2017 after their single “Bad Boujee” went viral on social media.

And for the record…

…it took them 9 long years before they finally achieved their established success.

It just goes to show that all it takes to achieve success – and your life-long goal – is patience.

Today, we’ll be looking at the net worth of Migos and how the trio made its fortune, particularly on:

  • Their ‘founding’ and early career;
  • The breakthrough – achieving success;
  • The controversies the trio faced;
  • How the trio spend their fortune;

And lots more!

So, if you’re a fan of hip-hop groups – especially Migos…

…this one’s for you.

Let’s begin!

Who Is Migos?

Migos is a hip-hop trio from Lawrenceville, Georgia, composed of three rappers, namely Takeoff, Offset, and Quavo. The group is managed by Coach K and was founded in 2009.

Their breakthrough came in 2013, when their single “Versace” ranked 99 on the US Billboard chart.

As a matter of fact…

…they’re related to each other. Offset is the cousin of Quavo, and Takeoff, the youngest in the group, is Quavo’s nephew.

Here’s a little backgrounder:

Who Is Migos

Quavo

Quavious Keyate Marshall, most popularly known as Quavo, was born in Athens, Georgia on the 2nd of April, 1991. He’s the oldest among the other members. 

Offset

Kiari Kendrell Cephus – aka Offset – is the cousin of Quavo. He married a fellow hip-hop rapper, Cardi B. He was born on December 14, 1994 in Lawrenceville, Georgia. 

Takeoff

Kirshnik Khari Ball – known by many as Takeoff – is the youngest in the group and is Quavo’s nephew. He was born on June 18, 1994 in Lawrenceville, Georgia.

They were all raised together in Gwinnett County, Atlanta.

Their group was originally called Polo Club but was eventually changed to Migos in 2010.

Migos Net Worth: $80 million
Date of Birth: Takeoff: June 18, 1994
Quavo: April 2, 1991
Offset: December 14, 1991
Gender: All of them are males
Nationality: American
Relationship Status: Takeoff is single;
Offset is married; and Quavo is single
Children: Offset’s children: Jordan Cephus, Kody Cephus, Kalea Marie Cephus, and Kulture Kiari Cephus
Profession: Professional Rappers, singers, songwriters

How Much Is Migos Net Worth?

Migos is a very famous trio rapper in the world of music, owing their massive net worth to their hit single “Bad Boujee” which topped the US billboard hot 100 charts, and their second studio album, “Culture,” that hit #1 on the US billboard top 200 charts.

With all these achievements and the money they earned from tours, total Migos net worth now is of $80 million, thanks to the three members’ combined wealth.

Migos Net Worth Year By Year

Here’s a look at Migos Net Worth over the years.

YearNet Worth $
2017$ 9 Million
2018$ 12 Million
2019$ 50 Million
2020$ 80 Million

Migos Career Earnings By Year

According to our research, Migos has an annual salary of $47,633,957.00 which means they earn around $3,969,496.42 monthly and $916,037.63 weekly.

This would also mean that they’re paid around $183,207.53 every day.

Wow! That’s the ultimate life goal!

YearNet Worth $
2018$ 25 Million
Total$25 Million

Fee Range

With Migos’ popularity, hiring them to perform at a party must cost thousands of dollars.

Migos are willing to perform for fundraisers, social media campaigns, corporate events, endorsement projects, trade shows or conferences, and private parties. Not only that, they can also be hired as guest speakers.

As an organizer you’ll need a budget of $250,000 to $350,000 to have Migos perform at your event.

Woah!

Business Ventures, Endorsements, & Products

The three are such avid motorcycle riders that they even dedicated their 3x platinum hit single to the sport – check out “Motorsport” w/ Cardi B & Nicki Minaj.

No wonder…

… American hip-hop superstar trio Migos has joined forces with Can-Am, a Canadian automotive company, to launch the all-new 2019 Can-Am Ryker three-wheel motorcycle.

Migos Business
Source: Getty Images

Not only that.

Migos also has its own clothing line, Yung Rich Nation, through which the three sell their designs.

Let’s check out some of their products below..

College Block Varsity Jacket

 

Migos White Unisex Tee

 

Quavo Hop Offset Migos Culture Datway Hip Rap Takeoff SpiralNotebook, Diary, Small Format Journals

 

Migos Culture II Hoodie

 

Migos Music Career

As I already said, Migos formed their group back in 2008.

Three years later, the trio released their first full-length album, the mixtape Juug Season, which they followed in June of 2012 with a mixtape titled No Label.

In 2013, they released their debut single, Versace, from their mixtape Y.R.N., an abbreviation for Young Rich Niggas. The year paved the way for their breakthrough in music after the single peaked at No. 99 in the US Billboard Hot 100 Chart.

In February of 2014…

… Migos released the mixtape No Label 2..

It gained positive reviews and has been downloaded over a hundred thousand times in the first week of its release. Shortly afterward, they released Rich Nigga Timeline after signing with 300 Entertainment in June of 2014.

Just a year later, Migos released their debut studio album, Young Rich Nation, through 300 Entertainment and Quality Control Music.

In January of 2017, Culture, Migos’ second album, was released by the same record labels and debuted atop the US Billboard 200 chart.

As if that’s not enough…

…in February of 2017, Migos then signed a deal with Capitol Records and Motown.

Just a year after that, they released Culture II, their second number 1 album in the US.

Here are some of Migos’ songs released throughout their career:

Bad and Boujee

feat. Lil Uzi Vert

October 28, 2016

Check it out!

Need It

feat. YoungBoy Never Broke Again

May 22, 2020

Check it out!

Slippery

feat. Gucci Mane

May 16, 2017

Check it out!

Walk It Talk It

feat. Drake

March 18, 2018

Check it out!

MotorSport

Feat. Nicki Minaj & Cardi B

October 27, 2017

Check it out!

Investments

Migos are not only musicians; they’re also entrepreneurs. In fact, the trio decided to get involved in business to increase earnings and Migos net worth even more.

Offset decided to invest in the esports business and invested in FaZe Clan, one of the most famous esports franchises.

Aside from that…

…Migos also invested and partnered with the athletic clothing retailer Finish Line, where the Migos collaborated on marketing campaigns and served as creative directors to the brand.

Migos’ Controversies & Litigation

Like any other celebrities, Migos also had issues regarding the members’ actions. Here are some of the controversies they’ve been involved in…

Offset vs Law

In 2013, Migos’ Offset was imprisoned for violating his probation he had received thanks to convictions for burglary and theft in DeKalb County Jail, Georgia.

Yikes! 

Migos vs. Police Officer

In April of 2015, Migos performed at Georgia Southern University and was arrested.

Here’s why:

The trio were arrested for possession of marijuana and another Schedule II-controlled substance, possession of firearms within a school safety zone, possession of firearms during the commission of a crime, and possession of firearms by convicted felons.

However, they were released on bond in the same year. Offset was released in December of 2015.

Offset vs. Police Officer

On March 17, 2016, Offset was arrested for driving with a suspended license in Atlanta but was released the next day without any charges being filed against him.

Dodged a bullet right there, Offset!

Takeoff vs. Airlines

In July of 2017, Takeoff was asked to leave a flight from Atlanta to Des Moines, Iowa after he refused to move his bag from the floor to an overhead storage bin before takeoff. However, no details of the incident were disclosed to the public.

Migos vs. Washington Avenue Armory

In March of 2018, the Washington Avenue Armory in Albany, New York sued the group for allegedly inciting a riot at the venue in 2015, when six people were stabbed. A concert goer who suffered facial injuries and sued the band and the venue.

Migos vs. XXXTentacion

In 2017, the Migos allegedly pulled out a gun at South Florida rapper XXXTentacion who took to his Instagram page, informing his fans about a fight involving the Migos.

The rapper reported that the fight broke out just outside a hotel in Los Angeles and someone from the Migos managed to pull out a gun.

As to precisely who pulled out the gun, we can only guess.

Offset vs. Fan and Sandy Springs Police

In 2019, Offset was seen in a video allegedly slapping a fan’s iPhone inside of a Target store in Sandy Springs, Georgia. Sandy Springs Police issued an arrest warrant for Offset for damage of property.

How Migos Spends Their Money

With a Migos net worth of $80 Million, the sure has spent some cold cash on luxurious stuff to celebrate their success. 

The Migos are known for flexing their wealth and buying expensive toys.

They’ve spent their cash on their private jet to travel the length and breadth of the country. Aside from that, they also splurged on bold accessories, such as Takeoff’s Intergalactic Diamond Chain, Offset’s Traphouse chain, and Quavo’s Ratatouille Chain.

In addition to that…

…the trio also spent their cash on luxurious cars – Quavo owns a McLaren 720s and Takeoff has an Aston Martin.

Migos Cars
Source: Wikipedia
Migos Cars
Source: Wikipedia

The three are also obsessed with good sneakers. They jointly own a vast collection of sneakers from various brands such as Nike and Adidas.

Wealthy people who like to squander their finances on lavish lifestyles would never miss out on having a luxurious timepiece, eh?

And in the Migos’ case, they love their Patek Philippe watches with white gold cases.

They have lots of diamonds in their collection, to boot.

The Migos’ Houses  

Migos House
Source: The Blast

Quavo bought a property – located in the fancy Country Club of the South – that sits on over two acres of land and features a wine cellar, fitness and game room, terrace level with kitchen, media room, pool with waterfall, bar, sauna, and a curved staircase.

Migos House
Source: Curbed

Offset and his wife, Cardi B, bought a mansion in the Buckhead neighborhood of Atlanta for Christmas.

Migos House

However, Takeoff’s house has not been disclosed publicly – although we all know he lived in Atlanta, Georgia.

The Migos’ Cars 

Just like any other rich people, Migos also have their expensive cars.

Let’s check out their most prized possessions:

Quavo’s McLaren 720s

Migos Cars
Source: Images Spot

Quavo bought this beautiful supercar McLaren in 2017. He then posted his picture on Instagram with his new car with a caption that says he’s the only rapper with this kind of car.

Takeoff’s Aston Martin

Migos Cars

On a video, Takeoff is seen driving his Aston Martin with its door up.

Offset’s Lamborghini Aventador

Migos Cars
Source: A Girls Guide to Cars

Offset and his wife, Cardi B, decided to buy matching Lamborghini Aventadors after their daughter, Kulture, was born.

The Migos’ Aeroplanes

With Migos’ profession, traveling by plane is very essential and convenient. 

But, riding on commercial planes is simply not enough.

They have to own one!

Migos Aeroplanes

Here’s a picture of the Migos flexing their new luxury private jet, jewelry, and their exotic car collection of a Rolls Royce, Ferrari, Lamborghini, Bentley, Aston Martin, Maybach, Maserati, and a Porsche.

Migos Aeroplanes

Fun Facts About The Migos

In case you didn’t know:

  1. Polo Club was once their rap moniker.
  2. Drake is a big fan of the Atlanta trio.
  3. The group started making music in seventh grade.
  4. They carry stacks of cash everywhere.
  5. Illuminati isn’t something they believe in.
  6. Quavo played football before becoming a rapper.
Migos Facts

Migos Philanthropy

A lot of charity work from Migos net worth – to give back to their fans – especially those that believe in them and support them.

In 2015, the trio donated $1,000 to the local Atlanta High School.

Then…

…just two years later, Atlanta rapper Offset partnered with The American Cancer Society through a fundraising stint.

In 2020, Quavo of Migos launched the Covid-19 fundraiser for Atlanta health workers. This is Quavo’s way of thanking the hardworking people risking their lives to help combat the virus.

Through his foundation, Quavo Cares Foundation, he donated protective personal equipment (PPE) to medical professionals in Atlanta and Los Angeles.

They’re kind-hearted people indeed!

5 Life Lessons From The Migos

Migos have certainly learned a lot from their experiences. I now bring you the following 5 Life Lessons from Migos.

  1. Nothing is impossible in this world. 
  2. Music should flow in your nerves.
  3. If you want it, do it.
  4. Be patient for success. 
  5. Collective effort is the best way to achieve what you want.

Frequently Asked Questions (FAQ’s)

Are the Migos brothers?

No. Quavo and Offset are cousins and Takeoff is Quavo’s nephew.

Did the Migos break up?

The Migos went solo, but they don’t call it a breakup.

Who is the leader of Migos?

 Quavo is the leader of the Migos. He was the first of the three to truly branch out to make his name known.

How much is Quavo Net Worth?

Quavo is worth $16 million.

How old is Quavo?

Quavo’s age is 29.

What is the meaning of Migos?

Migos is the shortened term for a Spanish word, “amigos,” which means friends.

How much is Migos net worth now?

Migos net worth is $80 million.

Summary: Migos Net Worth

Congrats for reaching this far!

And what’s the bottomline?

This group has made huge strides over the years, but they wouldn’t have done it without putting in so much effort beforehand and behind the scenes.

Needless to say, they’ll be earning much more in the next few years of their career – of that I’m certain.

I hope you enjoyed this article – you might also want to check out Migos’ Biography, and the best of Migos memes in Bouncemojo.com.

Put the Bounce in your Mojo Today!

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