There was almost no time between when “Bad and Boujee” was released in 2016 and Migos’ meteoric rise to fame. The group’s viral hit peaked at number one on Billboard’s Hot 100 in 2018, and Forbes magazine reported that they were charging $150,000 a performance at that point.
As a result, they were included in Forbes’ annual list of the top 30 musical acts by those under the age of 30 in 2018. In the same year, Cardi B also made the cut; she is now married to Offset of the Migos.
This marked the beginning of a string of achievements for the Atlanta natives that has culminated in a combined net worth of $80 million, as reported by Celebrity Net Worth.
In actuality, though, it did not take them as little time as it might have seemed to achieve their achievement. It took the group nearly ten years after its formation in 2008 (despite having the Internet and social media at its disposal) to find an audience for its music.
Nonetheless, the group made over $25 million from their music between September 2017 and September 2018, thanks to roughly 100 live gigs at their going rate of $150,000+ for each performance.
Their accomplishment demonstrates the value of perseverance despite the length of time it may take to achieve one’s goals. Let’s break down the individual fortunes of the Migos lads and find out where all that cash comes from besides their music careers.
Migos’ “Bad & Boujee” was a game-changer when the group first hit the public in 2016. In 2018, the group’s viral hit was number one on Billboard’s Hot 100 chart, and Forbes magazine reported that they were charging $150,000 for each performance.
Consequently, the group was included in Forbes’ 30 Under 30 in Music for 2018. Cardi B, currently married to Migos member Offset, also made the cut that same year.
It was the beginning of a string of achievements for the Atlanta natives that ended in an $80 million fortune, as reported by Celebrity Net Worth.
They may have made it look like their success happened quickly, but it actually took quite a long. It took the band over ten years after its formation in 2008 (with the help of the Internet and social media) to become widely known for its music.
However, the group made almost $25 million from their music between September 2017 and September 2018, thanks in large part to the nearly 100 live gigs they did at a going cost of $150,000 or more each show.
Their achievement exemplifies the importance of perseverance despite the passage of time. Let’s break down how much money each Migos member makes outside of the music industry and how much they’re worth as individuals.
What is Takeoff’s Net Worth?
Takeoff is worth $26 million, as reported by Celebrity Net Worth. A large portion of his wealth comes from his career as a musician and from endorsement deals that Migos has secured as a group.
Takeoff has also just released an NFT collection, as reported by AfroTech. Apes in Space, his debut collection, included 10,000 NFTs and sold out in under a week.
Token holders are eligible for a variety of benefits, including discounted concert tickets to see Migos perform, cash back on purchases, and the opportunity to buy plots of land in the Sandbox, a virtual world that will be hosting the first-ever digital Hip-Hop festival in the metaverse.
What is Quavo’s Net Worth?
Quavo’s net worth is $26 million, as estimated by Celebrity Net Worth. His singing career and the group’s sponsorship deals account for the vast majority of his wealth.
A minority share in Legends, a sports brand, was recently acquired by Quavo, as reported by AfroTech. Matt Barnes, Willie McGinest, Steve Nash, and Baker Mayfield were among the other investors in the company.
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What is Offset’s Net Worth?
Offset’s net worth is pegged at $26 million by Celebrity Net Worth. The source claims that Offset pocketed around $8 million of the $25 million that Migos made between 2017 and 2018.
AfroTech revealed that he collaborated with Axis Replay, a venue for events and entertainment, to develop a new production firm called AXSD Media, which will focus on holding both physical and digital events at which musicians may perform and engage with their fans.
According to earlier reports by AfroTech, Offset and his wife, Cardi B, rang the NASDAQ opening bell to announce that Reservoir Media had gone public.
In addition, he has bought a mansion in Atlanta that is 22,000 square feet and has a six-acre lot as an investment in the real estate market.
Offset’s Combined Net Worth With Cardi B
After marrying Cardi B, Offset’s personal wealth increased dramatically, as reported by Parade Magazine. According to AfroTech, Cardi B is worth $40 million. The couple’s net worth is reported to be $66 million, which includes Offset’s personal fortune.
Endorsement Deals
Besides their musical careers, endorsement deals are the main source of revenue for Migos as a group.
According to Cheatsheet, the rappers work with the sportswear firm Finish Line as creative directors.
The group reportedly collaborated with Can-Am, a Canadian motorbike manufacturer, to release their new Ryker three-wheeled motorcycle in 2019.
This new relationship will see the Migos using Ryker motorcycles in a future music video, as well as appearing at major events and producing unique social media content. The price of a custom-built Can-Am Ryker can start at $8,499, according to the source.
They are also sponsored by companies including Mountain Dew, Avianne Jewelers, Dre Beats, and Champs Sports.
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