You’re probably familiar with Offset as one-third of the chart-topping hip hop group Migos. But did you know the rapper also has an impressive solo career? Offset net worth sits at a cool $28 million in 2024. How’d he earn those millions? Let’s take a look at Offset’s investments, brand deals, real estate, and his tumultuous relationship with Cardi B. Stick around to learn exactly how the “Father of 4” built his fortune over the years.
Offset’s Music Career
Name | Kiari kendrell Cephus |
Net Worth (2024) | $28 Million (INR 234 Cr) |
Profession | Rapper |
Monthly Income | $3,50,000 + |
Yearly Income | $4 Million + |
Years Active | 2002–present |
Record labels |
Quality Control Music, Motown, Capitol Records, 300 Entertainment
|
Genres | Hip hop trap |
Last Updated | 2024 |
Early Days With Migos (2008-2017)
Offset founded the hip hop trio Migos in 2008 with his cousins Quavo and Takeoff. Their breakout hits “Versace” and “Bad and Boujee” introduced the world to Migos’ signature flow and ad-libs. During this time, Offset also released mixtapes like Y.R.N. (Young Rich Niggas) and No Label 2 to build hype.
Solo Success (2017-Present)
In 2017, Offset dropped his debut solo single “Ric Flair Drip.” The song peaked at number 13 on the Billboard Hot 100, proving he could succeed on his own. His first studio album, Father of 4, arrived in 2019 and reached number four on the Billboard 200. Packed with hits like “Clout” and “Lick,” the record showcased Offset’s evolution as an artist.
Offset’s had legal troubles, too. He fought his label, Epic Records, over the rights to release his solo music, eventually reaching an agreement. Despite the drama, Offset’s dedication to his craft is clear. He’s renowned for his work ethic, often recording songs in just one take.
What’s Next
Offset’s net worth is $28 million and growing. He continues to record new music, with a second solo album and more Migos projects on the horizon. Offset’s also expanded into acting, appearing in shows like Atlanta and movies like The Hustle. Whatever he does next, Offset’s charisma and talent ensure his spot at the top of the rap game for years to come. Overall, Offset’s music career and solo success demonstrate his passion and perseverance in overcoming obstacles to achieve his dreams.
Offset’s Business Ventures and Investments
Offset’s music career with Migos has earned him millions, but the rapper has also built an impressive investment portfolio. Through Offset Ventures, he’s backed several startups, turning thousands into tens of millions.
Offset’s first big win was investing $245,000 in bitcoin back in 2015. He held onto it and cashed out in late 2020 for over $700 million. Talk about ROI! Offset credits his accountant for convincing him to take the risk, proving that sometimes you have to spend money to make money.
The rapper hasn’t stopped there. Offset Ventures has invested in companies like Nu Quantum, a quantum computing startup, and Labrys, an AI safety research company. He’s also invested in space tourism through Charter Space. Offset is all about funding innovative tech and ideas.
Offset also co-founded AXSD Media, a streaming platform and production company, with Axis Replay. The company focuses on producing and distributing urban music, giving Offset another avenue to support up and coming artists.
Between Migos’ success, strategic investments, and business ventures, Offset has built an empire. He lives lavishly, collecting luxury cars, designer clothes, and real estate. But he also gives back to his community, providing college scholarships and donating to charitable causes in Atlanta and beyond.
Offset may rap about lavish lifestyles, but behind the scenes, he’s crafting a sustainable financial future and helping others achieve their dreams along the way. His ambition and business savvy prove that for Offset, the sky’s the limit. Keep hustling and the millions will follow! Also Read: Conor McGregor Net Worth.
Offset’s Legal Issues and Controversies
Real Name: | Kiari kendrell Cephus |
Nick Name: | Offset |
Birth Place: | Lawrenceville, GA, USA |
Date Of Birth: | 14 December 1991 |
Age: | 32years old |
Height: | In Centimetres – 175 cm In Feet and Inches – 5’9” |
Weight: | In Kilograms – 78 kg In Pounds – 171 lbs |
Eye Color: | Brown |
Hair Color: | Black |
Parents Name: | Father – N/A Mother – N/A |
Siblings: | N/A |
School: | N/A |
College: | N/A |
Religion: | N/A |
Nationality: | American |
Zodiac Sign: | Sagittarius |
Gender: | Male |
Sexual Orientation: | Straight |
Marital Status: | Married |
Girlfriend: | N/A |
Wife/Spouse Name: | Cardi B (m. 2017) |
Kids/Children Name: | Daughter- Kulture Son- Wave |
Profession: | Rapper |
Net Worth: | $28 million |
Felony Gun Possession
In 2019, Offset faced felony gun possession charges after being pulled over in Georgia for an improper lane change. Police found three handguns in his vehicle, and since Offset was already on probation for a prior offense, he was detained. The charges were later dropped after Offset agreed to community service. This was not Offset’s first run-in with the law, but it highlighted his history of legal troubles.
Concealed Weapon Near Trump Rally
Only a year later in 2020, Offset was once again detained, this time for reportedly carrying a concealed weapon near a Donald Trump rally. Offset livestreamed part of the incident on Instagram, alleging that police were racially profiling him. The charges were dropped due to lack of evidence.
Lawsuit Against Record Label
Beyond criminal charges, Offset has also dealt with legal issues in the music industry. He filed a lawsuit against his former record label, Quality Control Music, arguing that the label did not have rights to his solo music after Migos’ record deal ended. The dispute was eventually settled out of court, allowing Offset to launch a solo career.
Overall, Offset’s legal controversies have threatened his success at times but have not ultimately derailed his career. His repeated brushes with the law, however, indicate that Offset still struggles with some of the same issues that have followed him since Migos’ early days. Though his talent and business ventures have led to fortune, Offset has had difficulty escaping his past. With age and experience, Offset will hopefully continue to mature and avoid further legal troubles. His devoted fans remain by his side, though industry partners may be more wary of working with him unless he proves able to stay out of the spotlight for the wrong reasons.
Offset’s Lifestyle and Expenditures
Lavish Homes
Offset’s success has allowed him to purchase several luxurious homes. His primary residence is a mansion in Atlanta worth $3.5 million. The 12,000 square foot house has 7 bedrooms, 9 bathrooms, a home theater, and a six-car garage. Offset also owns homes in Los Angeles and New York City.
Impressive Car Collection
Offset is known for his impressive car collection, with over 20 luxury vehicles worth an estimated $8 million. Some of the highlights include a Lamborghini Aventador, a Rolls-Royce Wraith, a Bentley Bentayga, a Ferrari 488, and a Mercedes G-Wagon. Offset’s car collection is a reflection of his lavish lifestyle and success in the music industry.
Private Jets
Offset owns two private jets – a $70 million Gulfstream G650 and a $6 million Cessna Citation X. The Gulfstream G650 is one of the most luxurious, expensive private jets in the world. Offset uses the jets to quickly travel for performances, vacations and business trips in style and comfort.
Jewelry and Fashion
Offset has a passion for fashion and jewelry. He spends over $500,000 a year on luxury clothing, accessories and custom jewelry pieces. Some of his expensive purchases include a $150,000 diamond-encrusted Rolex watch, a $200,000 diamond necklace and a $60,000 diamond grill for his teeth. Offset’s fashion and style have become an integral part of his brand and image.
Offset’s extravagant lifestyle is a symbol of his success and dedication to his craft. Although his expenditures are extremely high, his various business ventures and assets have allowed him to afford such a lavish lifestyle at a young age. Offset’s net worth will likely continue to grow over the coming years through his music, investments, endorsements and other business deals. Also Read: J Balvin Net Worth.
Offset’s Philanthropy and Charitable Work
Year | Net Worth (Million) |
Offset Net Worth in 2024 | $28 Million |
Offset Net Worth in 2023 | $26 Million |
Offset Net Worth in 2022 | $24 Million |
Offset Net Worth in 2021 | $22 Million |
Offset Net Worth in 2020 | $20 Million |
Offset Net Worth in 2019 | $18 Million |
Offset is not just known for his music, he also gives back to worthy causes and those in need. Though Offset came from humble beginnings, he uses his platform and wealth to help others along the way.
Donation to Climate Change Fund
In 2021, Offset donated $35,000 to the Climate Fund to offset his carbon footprint for the year. SocialOffset, the organization he donated to, sends 100% of donations to designated charities working to counteract climate change. COTAP, one of the charities SocialOffset supports, creates $8.10 in income for those in poverty for every tonne of carbon offset.
Helping Hand to Atlanta Community
The Migos rapper also helps out locally in Atlanta. He has donated school supplies to students from low-income families and provided meals for those in need during the holidays. Offset aims to give children and families in Atlanta’s inner city neighborhoods opportunities that he did not have growing up.
Inspiring Youth Through Music
Beyond monetary donations, Offset uses his influence to inspire youth. He often speaks about the importance of following your dreams and working hard to achieve your goals. His journey from humble beginnings to stardom shows kids from all walks of life that success is possible if you persevere.
Offset believes in spreading positivity and giving back. Though he came from very little, he uses his platform to lift up others and make a difference. His philanthropic work shows that wealth and fame have not changed his caring spirit. Offset’s donations and message of hope demonstrate that hip hop artists can be powerful leaders in creating change. His generosity proves that success means helping others rise up too.
Offset Net Worth in 2024
Investments
By 2024, Offset’s net worth is projected to increase substantially thanks to strategic investments. Offset has stakes in several startups, including the esports organization FaZe Clan. He invested in the company in 2021, and with esports continuing to grow in popularity, his shares could be worth a lot more in a few years. Offset also invested in the delivery app Postmates, which was acquired by Uber Eats in 2021 for $2.65 billion. If Offset received stock in Uber as part of the deal, that stock should also increase a lot in value over the next few years.
Migos
Even though Migos broke up in 2023, Offset will continue earning money from the group for years to come. Migos released a string of hit songs between 2016 and 2023, and Offset maintains ownership of a third of the group’s catalog. As streaming platforms like Spotify and Apple Music grow, Migos’ songs will likely generate tens of millions of streams per year, earning Offset a steady income. Migos also has an endorsement deal with Motel 6 that lasts until 2025, so Offset will make money from that for a while longer.
Solo Career
Offset launched his solo career in 2023 after Migos split up. His first solo single, “Don’t Play With Me,” was a huge hit, reaching number three on the Billboard Hot 100. If Offset can continue having success as a solo artist, it will significantly boost his net worth over the next few years. Experts predict his solo music, touring, and endorsements could earn him $10-15 million per year at his peak.
Between his investments, Migos’ catalog, and his blossoming solo career, Offset is poised to become hip hop’s next multi-millionaire. His hard work, business savvy, and ability to overcome adversity have set him up for a very bright financial future. By 2024 and beyond, don’t be surprised if Offset’s net worth approaches $50 million or more. Also Read: Tua Tagovailoa Net Worth.
Is Cardi B richer than Offset?
Cardi B, the hip hop superstar, has amassed an impressive fortune over the course of her career. While Offset, her ex-husband and Migos group member, is wealthy in his own right, Cardi B’s net worth of $80 million in 2024 far surpasses Offset’s $28 million.
How did Cardi B build her wealth?
Cardi B’s meteoric rise to fame and success has been nothing short of remarkable. Her breakout hits “Bodak Yellow” and “I Like It” topped the charts and gained her international recognition. She has since released several popular albums and singles, toured extensively, and made numerous media appearances.
Beyond her music, Cardi B’s charismatic and unfiltered personality has made her a cultural icon. She has leveraged her fame and influence into various business ventures and endorsements. Cardi B has collaborated with major brands like Reebok, Pepsi, and Fashion Nova. She has also invested in several startups, showing her business savvy.
While Offset is best known as a member of the hip hop group Migos, he has also released solo music and made media appearances. However, his income and business ventures pale in comparison to Cardi B’s. Offset’s endorsements and investments are more limited, though he does have deals with brands like Champs Sports and FaZe Clan.
Lavish lifestyles
Both Cardi B and Offset lead opulent lifestyles, but Cardi B’s immense wealth allows her to spend on an even grander scale. She owns luxury homes, a fleet of sports cars, and regularly shows off expensive jewelry, designer clothes, and other lavish purchases on social media. Though Offset also owns nice homes, vehicles, and other pricey goods, they do not match Cardi B’s level of extravagance.
While Cardi B and Offset were once a power couple, Cardi B’s massive success and fortune have outpaced Offset’s. Their divorce settlement will surely see Cardi B’s net worth far eclipse Offset’s in the years to come. For now, there is no question that the hip hop queen Cardi B reigns richer than Offset.
What is Offset current net worth?
Offset, one-third of the hip hop group Migos, has built up an impressive net worth over his career. Industry reports suggest Offset’s current net worth in 2024 is estimated to be around $28 million. The majority of Offset’s wealth comes from his music career with Migos, but he also earns money from brand endorsements, investments, and other business ventures.
Since bursting onto the scene with Migos in 2013, Offset, along with Quavo and Takeoff, have released several successful albums that have dominated the charts. Their album Culture II debuted at number one on the Billboard 200 in 2018 and their hit song “Bad and Boujee” reached number one on the Billboard Hot 100. The massive success of Migos’ music has allowed Offset to accumulate a sizable fortune.
In addition to music, Offset also makes money from endorsements and sponsorships with brands like Reebok, Axe, and G-Star Raw. His deals with these companies likely earn him a few million per year. Offset is also an investor and co-owner of the esports organization FaZe Clan. The esports industry is booming and Offset’s stake in FaZe Clan will probably be quite valuable in the coming years.
Offset spends his money living lavishly, as one might expect from a famous rapper. He owns luxury cars like a Bentley Bentayga, Rolls-Royce Cullinan, and Mercedes G-Wagen. Offset’s car collection is worth over $2 million. He also owns a $1.5 million home in Atlanta, Georgia. While Offset enjoys the finer things in life, he also gives back to his community through his philanthropic endeavors like donating school supplies to underprivileged children.
With Migos still making hit music and Offset expanding into new business ventures, his net worth will likely continue to grow substantially over the next several years. If current trends hold, don’t be surprised if Offset’s net worth reaches $35-40 million or more by 2024. The self-proclaimed “King of Trap” is building an empire and reaping the financial rewards of his success and hard work.
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How much is Offset net worth in 2024?
Offset’s net worth in 2024 is estimated to be around $28 million. Industry reports suggest Offset’s net worth ranges between $26 and $28 million. As a member of the hip hop group Migos and through various business ventures, Offset has amassed an impressive fortune.
The bulk of Offset’s wealth comes from his music career with Migos. The group has released four successful studio albums since 2013, including their breakout hit “Bad and Boujee.” Their music has garnered over 4 billion streams worldwide. Migos is currently on an arena tour across North America, bringing in millions per show.
Offset also earns money from brand endorsements and sponsorship deals. He has partnered with brands like Nike, Champs Sports, and local Atlanta companies. Offset’s flashy lifestyle and lavish spending also attract major attention on social media, which allows him to earn additional money through paid promotions on Instagram and other platforms.
Beyond music, Offset has invested in real estate and tech startups. He has a stake in the eSports organization FaZe Clan and the streaming company Triller. Offset also founded his own label, 4L Entertainment, which has signed new artists.
Offset spends his fortune living large. He owns a fleet of luxury sports cars, including a Lamborghini Urus, Rolls-Royce Wraith, and Mercedes G-Wagon. Offset’s home is a sprawling mansion in Atlanta featuring a home theater, swimming pool, and basketball court. He is known for wearing expensive jewelry and designer clothes.
While Offset’s legal troubles and overspending at times threaten his fortune, his diverse revenue streams and Migos’ continued success point to further growth in Offset’s net worth over the coming years. If Migos stays hot and Offset makes smart investments, his net worth could reach $40-50 million by 2024. The key will be balancing his lavish lifestyle with building wealth for the long term.
FAQs About Offset Net Worth
Offset’s net worth in 2024 is estimated to be around $28 million. Here are some of the most frequently asked questions about how Offset built his fortune over the years:
Many people wonder how Offset has amassed his wealth. A large portion comes from his music career as one-third of the hip hop group Migos. The group has released several hit albums, including Culture in 2017 which reached number one on the Billboard 200 chart. Offset’s share of profits from Migos’ music, touring, and merchandise has contributed significantly to his net worth.
Offset has also earned money through brand endorsements and sponsorships. He has partnered with brands like Champs Sports, Reebok, and Axe over the years. While the details of these deals are not public, celebrity endorsements can be quite lucrative. Offset’s flashy lifestyle and large social media following make him an attractive partner for brands targeting younger audiences.
Offset’s assets include an impressive car collection, jewelry, clothing, and real estate. He owns luxury vehicles like a Bentley Bentayga, a Mercedes-Benz G-Wagen, and a Lamborghini Aventador. His jewelry collection includes a $250,000 diamond chain and a $150,000 diamond-encrusted watch. Offset also owns homes in Atlanta, Los Angeles and elsewhere. His assets are valued at several million dollars.
While Offset spent money on legal troubles, paying fines and lawyers, his earnings have largely outweighed those costs. His divorce from Cardi B in 2023 did not significantly impact his net worth, as they had a prenuptial agreement.
Offset’s ventures outside of Migos, his brand deals and sponsorships, valuable assets, and prenuptial agreement with Cardi B have all contributed to building his substantial net worth. At just 33 years old, Offset has already become one of the wealthiest rappers of his generation. If Migos continues making hit music and Offset expands into more business ventures, his net worth will likely continue growing over the next several years.
Conclusion
The journey to building Offset’s $28 million net worth has had its share of highs and lows, from the chart-topping success of Migos to the struggles in his personal relationships. But through it all, Offset’s drive to make his musical mark has remained strong. His solo career is still young, and with his relentless work ethic, business savvy, and devotion to his craft, Offset seems poised to continue growing his wealth and legacy as an artist. Wherever the road leads, Offset’s fans will surely be along for the ride.