When Migos first broke into the mainstream in 2016 with “Bad and Boujee,” their impact was fast and nearly immediate. By 2018, the collective’s viral hit had topped Billboard’s Hot 100 list, and Forbes Magazine noted that they were demanding $150,000 per show.
Subsequently, the collective made it to Forbes’ 2018 list of 30 under 30 in music. That same year, Cardi B — who is now married to Offset from the Migos — made it to the list, as well.
And this kicked off a series of successes for the Atlanta natives that culminated, according to Celebrity Net Worth, with an estimated combined net worth of $80 million.
But while it seems like their success was an overnight one, the reality is, it was anything but. The collective was first formed in 2008, and it took nearly a decade (even with the Internet and social media at their disposal) to finally gain traction with their music.
That said, between September 2017 and September 2018, the collective earned more than $25 million from their music, thanks to performing nearly 100 live shows at their going rate of $150,000-plus per performance.
Their success story is proof that no matter how long it takes, it’s important to never give up. Let’s take a look at the individual net worths of the Migos boys, and how they make their money outside of music.
Editorial note: The net worth listed in this piece is a speculative estimate drawn from a variety of online sources.
What is Takeoff's net worth?
According to Celebrity Net Worth, Takeoff has a net worth of $26 million. Most of his money comes from his earnings in the music business, as well as various endorsement deals that Migos has earned as a collective.
As AfroTech previously reported, Takeoff also recently launched an NFT collection. His first collection, Apes in Space, comprised of 10,000 NFTs sold out in less than a week.
NFT holders gain access to many perks like Migos concert tickets, a return on purchases, and a chance to purchase land in the Sandbox, a virtual world that plans to host the first digital Hip-Hop festival in the metaverse.
What is Quavo's net worth?
According to Celebrity Net Worth, Quavo has a net worth of $26 million. Most of that money comes from his work in the music business, as well as through various endorsement deals Migos has as a collective.
As AfroTech previously reported, Quavo also has recently acquired a minority stake in Legends, a sports brand. Other investors in the company included Matt Barnes, Willie McGinest, Steve Nash, and Baker Mayfield.
What is Offset's net worth?
According to Celebrity Net Worth, Offset has an estimated net worth of $26 million. The outlet reports that of the $25 million that Migos earned collectively in 2017 and 2018, Offset took home about $8 million.
As AfroTech previously reported, he teamed up with event and entertainment facility Axis Replay who announced the launch of a brand new production company called AXSD Media, which specializes in hosting both live and virtual events for artists to perform their music and still interact with fans.
AfroTech also previously reported that Offset — together with his wife, Cardi B — rang the NASDAQ opening bell to announce that Reservoir Media had gone public.
What’s more, he’s invested his money in some real estate, including a 22,000-square-foot home in Atlanta that sits on a six-acre lot.
Offset's combined net worth with Cardi B
According to Parade Magazine, Offset’s individual net worth jumped significantly when he married Cardi B. As AfroTech previously reported, Cardi B has an estimated net worth of $40 million. When added to Offset’s individual net worth, the couple is worth an estimated $66 million collectively.
The major of the money that Migos, as a collective, makes outside of the music business is in their endorsement deals.
Cheatsheet reports that the rappers have a partnership with the athletic company Finish Line, where they serve as creative directors.
Billboard also reports that in 2019, the collective teamed up with the Canadian motorcycle company Can-Am to launch their newest Ryker 3-wheeled motorcycle.
“As part of the new partnership, the Migos will be incorporating the Ryker motorcycles into an upcoming music video, participating in key events throughout the year and creating exclusive social media content. Fans can customize and build their own Can-Am Ryker starting at $8,499,” reports the outlet.
They also have endorsement deals with Mountain Dew, Avianne Jewelers, Beats By Dre, and Champs Sports.