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Migos Net Worth (2021): How Rich are Migos, Really?

Migos Net Worth @migosMigos Net Worth @migos
Migos Net Worth @migos

Migos Net Worth: Migos is a well-known hip -hopgroup from Lawrenceville, Georgia. The knit-tight trio consists of  Quavo, Takeoff, and Offset and are related to each other. As of 2021, Migos have a net worth of $90 million.

 

Early Life of the Migos

The group, Migos, all rose out of Lawrenceville, Georgia. The trio consists of Quavo, Takeoff, and Offset. The three rappers are actually related and they grew up together. Quavo is the cousin of Takeoff and the uncle to Offset. The three rappers are managed by Coach K. who used to manage popular rappers like Gucci Mane and Young Jeezy before he began working with the trio.

Migos Net Worth & Career

The group, Migos, shot to notoriety following the release of their first hit track, “Versace,” in 2013. Since the group’s formation about ten years ago, they’ve published three studio albums, two of which debuted at number one on numerous charts, including the Billboard 200. Their work has received widespread acclaim, and they’ve been nominated for numerous prizes, including two Billboard Music Awards, two Grammy Awards, and numerous others.

 

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Where did the Migos get their wealth?

Migos became wealthy almost immediately after the release of their smash hit “Versace.” It opened a lot of doors for the trio, and major companies offered them a lot of recording opportunities as a result.

They negotiated deals with both YRN and 300 Entertainment in 2015, but by September they had decided that Quality Control Music was the preferable option and had gone independent. Migos collaborated with a number of artists following the success of “Versace,” including Drake, Lil Wayne, Chris Brown, Young Thug, Gucci Mane, Travis Scott, Lil Uzi Vert, Rich the Kid, and 2 Chainz.

“Yung Rich Nation,” their debut studio album, was released in July 2015. Quality Control, YRN, and 300 Entertainment distributed it a few months before their contracts expired. The CD includes 15 tracks and has received a lot of excellent feedback. The album debuted at number 17 on the Billboard 200 list when it was released. The album was instrumental in Migos being offered a contract with Kanye West’s label. In September 2016, they inked a management arrangement with Kanye West’s GOOD Music imprint.

Following the success of their debut album, Migos released their second, “Culture,” in January 2017. They announced at the time that they were no longer affiliated with West’s label. Their second album was even more successful than the first, debuting at number one on the Billboard 200 and became Migos’ first album to do so. Unlike “Yung Rich Nation,” “Culture” included a slew of celebrity collaborations, including Travis Scott, Gucci Mane, 2 Chainz, Lil Uzi Vert, and DJ Khaled. The album was certified platinum by the RIAA six months later, and Migos received their first Grammy nomination in the category of “Best Rap Album” at the 60th Grammy Awards (in 2018).

It has been clear that their net worth of over $90 million comes from their success in music. They have released and collaborated with numerous artists and continue to gain fame.

Migos Career Highlights that Contributed to their Net Worth

  • Jug Season (2011)
  • Unlabeled (2012)
  • Street on Rock (2013)
  • Solid foundation (2014)
  • Still locked (2015)
  • Yung Rich Nation (2015)
  • 3 way (2016)
  • Culture (2017)
  • Culture II (2018)
  • Culture III (2020)

Migos’ Offset Homophobic Lyric Controversy in 2018

Offset of Migos made an appearance on Atlanta rapper YFN Lucci’s song “Boss Life” at the end of 2017. Offset rapped the controversial lines throughout his verse:

“Pinky ring crystal clear, 40k spent on a private Lear/60k solitaire/I cannot vibe with queers.”

His remarks brought a lot of attention to him and Migos as a group. Offset since then apologized:

” I have said before since these issues before that I got love for all people. My passion for fashion has lead me to a lot of gay people around me who I have mad respect for and we are very cool so I’m not in a place where I’m hating like that. When I wrote that I was thinking of words that could rhyme with the others (here, lear, solitaire, bear) and I saw this definition about her having a queer feeling she was being watched and it fit what I was thinking about a stalker creepy paparazzi situation. To me that “queer” I don’t mean someone who’s gay. I mean lame people who film you, post it and stalk you. Lingo that means strange or odd.

I M S O R R Y

I A P O L O G I Z E

I’m offended I offended anybody ” via Migos Offset’s Instagram.

Migos Net Worth

Migos has enjoyed a lot of success in the last few years, but it wouldn’t have happened without all of their previous efforts. It will undoubtedly increase in value in the next years.

Migos has an estimated net worth of $90 million as of 2021.

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