One of the best things about this series of articles on Net Worth is all the new music I get to listen to. Up until last month I was in something of a musical rut, just same old same old, but now I’ve been diving into the world of young Hip Hop, arena filling Djs and even a pop act or two.
None of them are in my wheelhouse, or they weren’t at the very least, but I feel it has given me a far broader appreciation of what is out there. Today I will be looking into Migos, a hip hop group in the same vein as Lil Uzi vert and Yachty. Musically they are interesting, a mish mash blend of influences, all screaming at me as I listen, from 90s gangsta, to reggae with perhaps even a slice of UK Grime as well, though that might be a bit of a stretch.
This article is a about their net worth though, not their music. So while I will go into it a little, I’ll be focusing on where they made their money, and how much they have. The Atlanta rap scene is an intertwined mess of connections, nearly a pyramid scheme in some weird ways. You see folk appear on everyone else’ records, and I know they get paid by the verse. So you see Lil Uzi show up on a Migos track and you imagine he got paid, but then you see Quavo show up on one of Uzi’s tracks in the future and you think, did they trade air time or did money change hands? Let’s see how much they are actually making for shows & features in 2017.
Let’s see if we can find out how much these three Migos are worth.
Migos Net Worth 2017 – $3 Million
How Did Migos Make their Money & Wealth?
This is not a hard one to figure out. If we ignore the possible favor verses then we are left with the same pillars of wealth as other hip hop artists. The aforementioned verse. The Album and the Single. Migos are more than rising stars at this point, but not quite superstars, if you know what i mean. So you see them collaborating all the time. The likes of Lil Uzi Vert can pull in $3000 for a verse, so I tend to use that as the base line figure to work from. They have appeared in well over 50 tracks as featured artists, which gives us a nice base to work from. Their album sales have been quite good too, with two full LP releases under their belts. The first, Yung Rich Nation peaked at number 17, which is far from terrible, but their most recent album, released in January of this year, shot to the number 1 spot in short order.
When it comes to the bulk of a rappers wealth, with regards to music alone, the single is more important than the record. Last years Bad and Boujee hit number 1, and their follow up single is doing pretty well as well. Migos also tour extensively, and it is likely that they are pocketing quite a bit from these shows.
As is the case with the vast majority of famous people these days, all three Migos have social media accounts. Social media leveraging is big business these days, and the occasional product placement or endorsement from the right brand to the right audience can be worth hundreds of thousands, if not millions, of dollars. In addition, there is YouTube to consider. 1.6 million subscribers is no small figure, and so long as their videos are monetized, we can estimate they are pulling in several thousand dollars per month in ad revenue. Finally, there is merchandise sales. All told that $3 million figure is looking a little small, but only if we take the long view. I fully expect Migos to explode over the next year or so. the strong sales of their most recent record is evidence enough of that, and future tours will inflate that already impressive number.
Migos Personal Life & FAQ
Who are Migos?
Migos is a rap group made up of three members, Quavious Keyate Marshall, Kirshnik Khari Ball, Kiari Kendrell Cephus. They mostly go by their handles Quavo, Takeoff and Offset.They formed in 2009, under the name Polo Club. The three are related, with Quavo being Takeoff’s uncle, and Offset being Quavo’s cousin.
Why are they called Migos?
The surface level reading is Amigos. the fact that there is three of them lends some credibility to it. They have claimed that the name is also a reference to the Georgian drug scene, but the explanation they give, word for word, just didn’t parse for me. Here is is unedited.
It’s actually the hub of drugs out there. Everything that come in Georgia gotta in there first, so we just call it Migos.
Where are Migos From?
All three Migos are from Lawrenceville, Georgia.
Why are Migos in trouble with the law?
Back in 2915 the Migos were scheduled to perform at a University. The arrived much later than they were supposed to, more than an hour and a half after their time slot, and were supposed to play for around 45 minuets or so. they played for less than thirty. The audiences less than pleased by this. the police officers on hand to act as security smelled marijuana coming from their van, and proceeded to search it. Inside they found a sizable amount of grass, a couple of convicted felons and a number of firearms. For some reason they mostly got off with community service and fines, except for Offset, who served 8 months.
Are any of Migos Married?