Migos Net Worth

The net worth of Migos is estimated to be $80 million as of 2023, according to CelebrityNetWorth.

The Migos are a 2008-founded American hip-hop group based in Lawrenceville, Georgia. The rappers Quavo, Takeoff, and Offset from the South originally made up the group. Offset and Takeoff were born and raised in the nearby city of Lawrenceville, Georgia, while Quavo is from Athens, Georgia. Coach K, the former manager of Gucci Mane and Jeezy, is in charge of their management.

The $80 million net worth of Migos is divided among each member and is estimated at $26.6 million. Yung Rich Nation, the debut album from Migos, was made available through Quality Control Music and 300 Entertainment in July 2015. Both record labels released their second album, Culture, in January 2017, and it debuted at the top of the US Billboard 200 chart.

Migos’ Personal Information

Migos Net Worth (2023)

The net worth of Migos is estimated to be $80 million as of 2023. Billboard claimed that the group, which was honored for their contribution to trap music in the 2010s, "influenced pop culture and the entire English language by bringing their North Atlanta roots to the mainstream."

The group released Culture II in January 2018, making it their second number-one album in the US since signing a deal with Motown and Capitol Records in February 2017. Culture III, the third and final installment of the trio's Culture trilogy, was released in 2021.

Migos Sources Of Income

The Migos left 300 Entertainment in September 2015, believing that Quality Control Music could manage them on their own and that the change would also increase their revenue stream. They made between $30,000 and $40,000 per show under 300 Entertainment but over $60,000 per show under Quality Control.

Tours

Forbes estimates that the rap group used to make more than $150,000 at each stop on its tour. Migos made a total of $25 million between September 2017 and September 2018. That amount was achieved in large part as a result of the group's demanding tour schedule, which saw them play 93 shows over the course of a single year. With 4 billion streams during that time, they are among the best-known streaming acts on the planet.

Endorsements

They also make money through a variety of endorsement agreements with companies like Champs Sports, Beats by Dr. Dre, and Avianne Jewelers. They unveiled the 2019 Can-Am Ryker three-wheel motorcycle in collaboration with Bombardier subsidiary Can-Am Motorcycles.

They have appeared in television ad campaigns for the sportswear and footwear retailer “Finish Line” as well as the soft drink corporation “Mountain Dew.”

Migos Expenditure

Four years after their formation, in 2017, the group only recently began to experience musical success. The group just focused on making music while they waited for their big break, patiently waiting for their success to take off. It's interesting to examine the group's earnings and spending over the years, especially now that they have an $80 million net worth.

Cars

The Sun claims that the hip-hop group's members each have a sizable car collection worth over $5 million, which includes a variety of high-end vehicles like Lamborghinis, Teslas, and some classic American cars. When it comes to their luxury vehicles, Offset, Takeoff, and Quavo all have distinctive tastes in their own rights.

However, they all share a feature that can cost thousands of dollars in upgrades—custom paint jobs, improved interiors, and new rims. Offset owns a Ferrari 812 Superfast valued at $350,000; Takeoff was spotted driving an Aston Martin Vanquish, which costs $400,000; and Quavo has a sizable car collection and owns the fastest McLaren ever made, the McLaren 720s, which costs $350,000.

Charity

It is only right to return money to others when you have so much of it. Offset gave the life-saving individual a car. Offset was hurt in a car accident in Atlanta in May 2018.

Nobody seemed to be concerned about his predicament at the time except J'Mmar Coleman, who stopped and assisted him. The man assisted the Migos member in exiting the vehicle and leaving it. Offset made the decision to buy Coleman a car as a token of his appreciation.

Investments

Investments are technically a way to earn, but since it costs money and effort to invest and start a business, it is safe to classify investments as spending until they start to turn a profit.

Offset is a savvy investor who has backed a variety of companies, including the e-sports league FaZe Clan, a streaming and production company called AXSD Media, and a company that develops avatar technology called Genies. Quavo is a big investor; he even acquired a small stake in the sportswear company LEGENDS.

Migos Real Estate Assets

It's safe to say that the hip-hop trio's members are all extremely wealthy. Offset is such a sweet husband that, in addition to the mansions he owns, he bought his wife a whole mansion all to herself for her birthday. Offset is not the only one who enjoys gifting mansions; in December 2017, Quavo and the late Takeoff also gave Quavo's mother a mansion of her own. The purchase was made within the family only because they are all related.

According to Zillow, Cardi B and Offset invested $5.2 million in a massive mansion in Atlanta in 2019. The home is 22,500 square feet in size, sits on six acres of private land, has five bedrooms, seven bathrooms, a wine cellar with 1,800 bottles, a shooting range, and an extraordinary infinity pool. Quavo is developing into quite the real estate investor after spending more than $2.5 million on three Georgia homes in the previous year. On August 30, 2017, the rapper Migos made his first purchase when Migos Touring, Inc. bought a 6-bedroom, 6.5-bath, 11,000-square-foot house in Alpharetta, Georgia.

Quavo was successful in convincing the seller to reduce the asking price of the house from $2,098,000 to $1,885,000. The luxurious property, which is housed in the posh Country Club of the South, has a wine cellar, a fitness and game room, a terrace level with a kitchen, a media room, a pool with a waterfall, a bar, a sauna, and a curved staircase. It also sits on more than two acres of land.

The house was transferred from Migos Touring Inc. to Jennie Lou Maddox LLC on December 20, 2017, the same business that Quavo used to buy his mother's own $560,000 home for Christmas. Jennie Lou Maddox recently paid $140,000 for a third house in Lawrenceville, Georgia. The 1,712 square foot, three-bedroom home with two bathrooms appears to have been bought for Quavo's sister and other family members.