What Is Offset’s Reported Net Worth In 2024?
Most people know the famed Atlanta rapper Offset for one of two reasons. He was one-third of the popular rap group Migos before pursuing a solo career and is husband to Cardi B, a female MC who needs no introduction. But the southern music artist has been in the entertainment industry for years — including as a backup dancer to Whitney Houston at one point.
As part of Migos, Offset and his group members, Quavo and the late Takeoff, helped to bring Trap music further into the mainstream with iconic hits like “Bad and Boujee” and “Walk It Talk It.” He would go on as a solo artist to further establish himself as a fixture in the rap genre, earning a Best Rap Performance Grammy nomination for his song “Clout” which features his wife. With all the success and notoriety afforded Offset, exactly how much is the former Migos member worth?
Little is known about Offset’s early life except that he hails from a middle-class family. Born Kiari Kendrell Cephus in 1991, he’s a Georgian native from the Atlanta suburb of Lawrenceville. He initially began as a backup dancer, performing in Whitney Houston’s 2002 music video for the song “Watchulookinat” when he was just 11 years old.
The Formation And Rise Of Migos
Six years later Offset formed a group with longtime friends Quavo and Quavo’s nephew, Takeoff, who also lived in Lawrenceville with Offset. The original group was named The Polo Club and cited several Down South artists such as Outkast, Lil Wayne, Master P. and, Gucci Mane as inspirations. They eventually renamed the group Migos as a play on the phrase “Three Amigos” since the members grew up together.
In 2011 they released their first mixtape, “Jung Season,” but it was not until their single “Versace” gathered traction in 2013 that the group started to get more recognition. In 2015 the group released their debut studio album “Yung Rich Nation,” with the single “Bad and Boujee” going viral — especially after Donald Glover promoted the track at the 2017 Golden Globes award during his acceptance speech for “Atlanta.” Offset was one of the primary features on “Bad and Boujee,” which helped to reinforce his expertise as an MC.
Subsequent albums saw higher success with the group’s second studio album “Culture” debuting at number one on the Billboard 200 chart. This was followed by “Culture II” that was also released later in 2017. However, because of COVID-19, the follow up album “Culture III” was not released until June 2020.
Migos’ Awards
Although brief, Migos had a strong influence on music and as a result, received plenty of awards for their contributions to hip-hop music. The group garnered their first BET Hip Hop Award for the Best Mixtape thanks to “No Label II” before winning the Best Group award at the BET Awards in 2015.
In 2017, the song “Bad and Boujee” dominated the awards circuit, earning the Top Rap Collaboration from the Billboard Music Awards and Best Group from the BET Awards. From both the BET Awards and MTV Video Music Awards in 2017, Migos won Best Collaboration, Video of the Year, Viewers Choice Award and the Best Hip Hop Video Awards. Meanwhile in 2018 Migos picked up awards from the iHeartRadio Music Awards, BET Awards and American Music Awards.
Migos Disbands
Unfortunately, in November 2022 Takeoff was shot and killed in Houston. Fellow bandmate and uncle to Takeoff, Quavo, released the music video for “Greatness” several months later in February 2023 as a dedication to his nephew. Most people interpreted it as a sign that Migos had broken up and this was later confirmed in October when Offset was interviewed by popular New York radio station, Hot 97.
Offset Enjoys Solo Success
Every member of Migos has released solo albums, with Offset being the last in the group to do so. But prior to his official solo album, “Father of 4,” which dropped in 2019, he was featured on several songs with other artists and even created a collaborative studio album with rapper 21 Savage titled “Without Warning.”
In 2017, he was featured on Metro Boomin’s song “No Complaints” with Drake and then later appeared on Macklemore’s song “Willy Wonka” in the same year. On “Father of 4” Offset performed the track “Clout” with Cardi B and then contributed the song “Hit Em Hard” for the “Fast & Furious 9” soundtrack. In 2023 he released his second studio album, “Set it Off.”
Offset As An Actor
While Offset’s primary credits are all related to the music industry — rapper, singer, and songwriter — he also has a few technical acting credits. In 2016, he appeared alongside his Migos bandmates in the “Go for Broke” episode in the first season of the FX series, “Atlanta.” He later appeared in an episode of “NCIS: Los Angeles” in 2020 and also was one of the anonymous singers only known as “Cupcake” in the popular reality performance show “The Masked Singer.”
Offset’s Current Net Worth
According to industry reports, Offset’s current net worth sits somewhere between $26 and $28 million. Estimates suggest that in just one year alone between September 2017 and 2018, Migos earned a combined $25 million with the members taking a roughly even third cut — making Offset’s individual earnings around $8 million. This figure is thanks to the group’s intense show schedule which included a whopping 93 shows in 12 months. Meanwhile, they did earn significant revenue from streaming with earnings between September 2018 and September 2019 placed at $36 million.
Along with his musical earnings, the rapper also serves as a spokesperson for several fashion designers and brands such a Lavati, Gosha Rubchinskiy and Bryce Barnes. He also hosts a show on Quibi titled “SKRRT with Offset” where he drives in expensive cars with other celebrities while conducting an interview with them.
Offset is also an investor in the Esports organization FaZe Clan. He owns a 22,000 square-foot home just outside of Atlanta with his wife, Cardi B. Although the couple paid $5.5 million for it in 2019, it was previously listed for $10 million in 2017.
