Migos Members, Successes and Net Worth

Migos is an American hip-hop group whose originally members include Quavo, his now-late nephew Takeoff, and Offset. They have a collective net worth of $80 million.

The group, formed in 2008, had their breakthrough in 2013 with the release of their single “Versace.” Migos has since then released many commercially successful projects, collaborated with A-list artists, and have released individual songs

Who Are The Migos Members?

The hip hop group is made of three members whose connections go beyond professional relationships. It consists of Quavo, Takeoff, and Offset, and all three of them have direct familial ties with one another. While Quavo and Offset are cousins, Takeoff happens to be the son of Quavo’s elder sister. Let’s meet them below.

Takeoff

Born Kirshnik Khari Ball on June 18, 1994, in Lawrenceville, a suburb in Gwinnett County, close to Atlanta, Georgia, Takeoff is the youngest of the trio with a net worth of $26 million. He was raised along with his uncle Quavo and cousin Offset by his single mother. These three practically grew up like brothers. He attended Berkmar High School in Lilburn, Georgia, and beside rapping, he also plays the keyboard.

Offset

Also born and raised in Gwinnett County, Offset’s real name is Kiari Kendrell Cephus, and he was born on December 14, 1991 with an estimated net worth of $26 million. His father, whose name is not known, left when he was young, and even though his mother Latabia Woodward played a role in his upbringing, a substantial part of it was done by Quavo’s mum. He also attended Berkmar High School before his juvenile ways landed him at Riverside Military Academy in Gainesville, Georgia. He is not just a rapper but also a songwriter and has penned some of Migos songs. A father of four, Offset has been married to fellow American rapper, Cardi B, since 2017.

Quavo

The oldest of the trio, Quavo, was born in Athens, Georgia as Quavious Keyate Marshall on April 2, 1991 with an estimated net worth of $26 million. He lost his dad at an early age of four, and his mother, Edna Marshall, was a hairdresser. He also attended Berkmar High and was even a star quarterback at the school before he dropped out in his senior year, just a few months to graduation. In addition to being a rapper, Quavo has also established himself as a singer, songwriter, and record producer.

The Migos’ Musical Exploits And Achievements

Although they are currently regarded as one of the top hip hop groups in America, the Migos journey to fame began a long time ago. As the story goes, Quavo and Takeoff caught the rap flu first, with the former going as far back as eighth grade. Other kids would mock Quavo back then, and as a loyal cousin, Offset was always there to support him. Soon Quavo convinced him to try rapping too, and with his nephew, the three formed a group which they originally named Polo Club in 2008. 

At this stage, music was still an extracurricular activity for them as they were all still in high school. They released their first official full-length mixtape, Juug Season in 2011, and followed it with another, No Label, in 2012. The following year, they released their debut single, Versace, and unlike the first two releases, this one actually gained some recognition and even peaked on the billboard hot 100 at #99.

By June of 2013, they released a mixtape titled Y.R.N, with Versace as its lead single. Y.R.N ranked so high on different music charts, and this was the beginning of their breakthrough. Two years later, the Migos released their first studio album Yung Rich Nation, and even though they were already touring and making tens of thousands of dollars from live performances at this point, their worldwide breakthrough came with Bad and Boujee, a single from their second studio album Culture, which went on to top the Billboard Hot 100 chart, their first #1 in the US.

So far, the group has released four albums, including Yung Rich Nation (2015), Culture (2017), Culture II (2018), and Culture III (2020). Except for Takeoff, who seems to be only focused on Migos, the other two members have both released solo albums and singles. They have equally embarked on collaborative projects with many other popular artists outside the group.

Migos Net Worth: How Rich Are The Migos And How Do They Spend Their Money?

Migos net worth is $80 million as of 2024. This is no surprise as a 2018 report on Forbes revealed that the trio makes nothing less than $150,000 per tour stop. Since their inception, they have embarked on a few tours to promote their albums. Aside from these, Migos members have no known collective venture as a group, so the bulk of their money comes from album sales and concerts. 

Migos Net Worth Breakdown

The members’ net worth varies based on their other undisclosed ventures. Quavo and Offset, for instance, make some extra cash from collaborations and their solo releases, among other money-making ventures. However, from the group’s collective net worth, when shared equally, each member is said to be worth a little over $26 million.

When it comes to spending money, the Migos own lots of assets, including mansions, exotic cars, and jewelry. According to reports, they own several mansions in Atlanta and Beverly Hills, as well as a fleet of luxury cars, which include Rolls Royce, Lamborghinis, Mercedes, and much more. The trio, sometime in the past, gifted Takeoff’s mother with a house and a car in appreciation for what she has done in their lives.

FAQs about Migos’ Wealth and Money

What is the net worth of Migos as of 2024?
The net worth of Migos is estimated to be $80 million as of 2024.

How is Migos’ net worth divided among its members?
The $80 million net worth of Migos is divided among its members, with each estimated to have around $26.6 million.

What are the main sources of income for Migos?
Migos mainly earns its income from their music career, including album sales, streaming, and tours, as well as endorsements.

How much does Migos earn per show?
Migos reportedly made over $60,000 per show under Quality Control Music. Forbes estimates they used to make more than $150,000 at each tour stop.

What kind of endorsement deals does Migos have?
Migos has endorsement deals with companies like Champs Sports, Beats by Dr. Dre, Avianne Jewelers, and partnerships with brands like Can-Am Motorcycles, Finish Line, and Mountain Dew.

What is the value of Migos’ car collection?
The car collection of Migos members is worth over $5 million, featuring high-end vehicles like Lamborghinis, Teslas, and classic American cars with custom modifications.

Has Migos engaged in charitable activities?
Yes, members of Migos have engaged in charitable activities, including Offset who gave a car to a man who helped him after a car accident.

What investments have Migos members made?
Migos members have made various investments, including in e-sports leagues, streaming and production companies, avatar technology, and sportswear brands.

What real estate assets do Migos own?
Migos members own several properties, including mansions for their family members and a $5.2 million mansion in Atlanta bought by Cardi B and Offset. Quavo has also invested in real estate, purchasing multiple homes in Georgia.

When was Migos formed, and who are its members?
Migos was formed in 2008 by Takeoff, Offset, and Quavo, who are all related to each other.