Fame and fortune are two common companions of the world of music and with it the questions that come with the financial success of an artistry. Yet through these conversations, one name that continues to pique interest is that of Takeoff, an incredibly gifted rapper and one third of the legendary rap trio, Migos. Takeoff was the understated member of Migos, known for his unique flow and solid contributions to their music. But when it comes to his artistry, one question is paramount: How much was Takeoff worth?
| Category | Information |
|---|---|
| $26 million | |
| Music sales, tours, performances, endorsement deals, YouTube channel | |
| Between September 2017 and September 2018: $25 million (Migos combined). Between September 2018 and September 2019: $36 million (Migos combined) | |
| Migos’ combined net worth: $80 million | |
| Released solo album The Last Rocket in November 2018 |
Who Was Takeoff?
Takeoff, whose real name was Kirshnik Khari Ball, was born June 18, 1994, in Lawrenceville, Ga. His suburban upbringing helped mold his career. Takeoff along with his uncle Quavo (Quavious Keyate Marshall) and cousin Offset (Kiari Kendrell Cephus) were raised together in a family that would one day help redefine the rap genre.
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Takeoff’s love for music started young. As a child, he enjoyed playing with beats and rhymes, spending hours writing songs with his future bandmates. Though he grew up in a lower working-class home, he was determined to master music.
Formation of Migos
In 2008, he joined with Quavo and Offset as a group called Polo Club. A few years after that, they changed their name to Migos, drawing from the slang term for “friends.” Inspired by the likes of Gucci Mane, Outkast and Lil Wayne, Migos would soon be carving its own path in music.
Their rise to stardom was meteoric, beginning with their 2013 single “Versace,” which became a viral success and was later remixed by Drake. A series of hits and top-to-bottom albums followed, propelling Migos — and Takeoff — to international stardom.
Takeoff’s Career Highlights
Takeoff’s career is also a saga of hard work, creativity and the power of collaboration. Although Migos as a collective experienced incredible success, Takeoff’s solo efforts and features exemplified his own remarkable talent.
Migos’ Milestones
Migos rose to mainstream prominence with their 2017 smash “Bad and Boujee,” with Lil Uzi Vert. Song became one of those factors to put their names on top of rap. Often considered the most chilled-out member of the trio, Takeoff added an individual style to their sound, coupling his steady flow with advanced wordplay.
A few of Migos’ greatest accomplishments:
Breakthrough Single: “Versace” (2013), which drew major attention after a remix from Drake.
Chart-Topping Albums: “Culture” (2017), “Culture II” (2018) and “Culture III” (2021), each of which debuted at No. 1 on the Billboard 200.
Iconic Tracks: “MotorSport,” “Stir Fry” and “Walk It Talk It,” among others.
Takeoff’s Solo Projects
Takeoff followed the path of many famous rappers with and without their crews by pursuing solo endeavors that let him show what he could do as an individual artist. He released his debut solo album, The Last Rocket, in 2018 and it was a critical success. Standout tracks from the album included:
- “Last Memory”: A reflective, melodic hit that showcased Takeoff’s lyrical depth.
- “Casper”: A viewer favorite with an irresistible trance beat and savvy wordplay.
- Takeoff’s solo work showed he could stand out as part of a group but also as an individual artist.
How Did Takeoff Accumulate His Wealth?
Takeoff’s financial success relied on multiple streams of income. And you apply this to everything from music sales to new opportunities, and it was his diversification of income that helped him build his wealth.
Revenue Streams
Music Sales and Streaming Revenue As a member of Migos, Takeoff reaped the rewards of lucrative album sales and streaming royalties. The group was also bringing in major money from their music catalog, with millions of monthly listeners on distribution services like Spotify and Apple Music.
Concert Tours and Performances Migos was known for their high-energy performances and frequently going on extensive tours. In one year, such constant movement saw the group playing 93 shows in total, a feat that had them raking in the dough through ticket sales and performance fees.
Endorsement Deals Takeoff also enjoyed lucrative brand partnerships and endorsement deals. Collaborations with major brands also padded his income as his influence spread beyond music.
YouTube Success
Migos’ official Youtube channel is one of the top 5 most subscribed rappers of all time with more than 12 million subs, and a similar amount of wealth built from oil and ad revenue. Popular music videos like “Bad and Boujee” and “T-Shirt” racked up hundreds of millions of views.
NFT Ventures
Takeoff had been an early proponent of blockchain technology, releasing the “Apes in Space” NFT collection in 2021. More than 10,000 units sold in a week, demonstrating his knack for capitalizing on nascent trends.
How Much Money Takeoff Had When He Died
As of his untimely death in November 2022, Takeoff was reportedly worth $26 million. His riches were proof of his diligence, skill and wise investing.
Breakdown of Earnings
Group Earnings: Migos earned an estimated $25 million from 2017–2018 and $36 million from 2018–2019 in music, tours and endorsements.
Migos Net Worth Combine: Migos had an estimated net worth of $80 million.
Assets
Takeoff’s fortune ran deeper than just liquid earnings. He had several luxury assets, including:
One Rolls-Royce Wraith, a gift from Quality Control Music.
- Million-dollar designer jewelry collections.
- Invest in real estate, such as properties in Atlanta.
- What Are The Factors Behind Takeoff’s Financial Success?
Innovation on Music.
Takeoff’s openness to experimenting with new sounds and working with artists like Drake, Nicki Minaj and Cardi B helped keep Migos at the cutting edge of hip-hop.
Branding and Marketing
From viral music videos, to social media campaigns, Takeoff and his people knew the importance of branding. So they grew and adapted this more aggressively — which they should have been growing — while their first foot still in the music business.
Multiple Streams of Income
Takeoff proved that the foundation of an artist isn’t completely dependent on their music; Philanthropy, NFTs and overall merch help in generating revenue.
Legacy of Takeoff’s Wealth
Takeoff’s influence on the music industry goes well beyond just his success with money. His trailblazing style and entrepreneurial spirit still inspire artists and fans worldwide.
Influence on Modern Rap
Takeoff’s work with Migos was integral to the development of the trap music movement; his group influenced legions of rappers and producers.
Financial Lessons
Takeoff’s career underscores the significance of diversifying revenue streams, making smart investments and staying at the forefront of industry developments.
About Takeoff’s Net Worth
What was Takeoff’s main source of income? His main sources of income were general music sales, streaming royalties, and concert tours.
Was his income greater as a member of Migos or from solo endeavors? But most of his wealth came from Migos’ collective earnings, and while his solo projects were successful, none approached the huge cultural and commercial success of the group.
What role did his NFT collection play in his wealth? His “Apes in Space” NFT collection was a monetary success, moving more than 10,000 units within its first week.
Conclusion
With a net worth of $26 million, Takeoff’s journey from a small-town dreamer to a global superstar is nothing short of incredible. His contributions to music, innovative business endeavors and financial success are a testament to what’s possible with talent, diligence and sound decisions.
As we remember him and celebrate his legacy, we do know one thing for certain—Takeoff’s impact in the music world will be felt for years to come. What are your feeling on Takeoff’s journey and the lessons we can derive and learn from his success? Which one is your favorite?
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