Offset Net Worth 2024 : Biography, Career & More Information

Offset is wealthy, in case it wasn’t clear from the fact that he gifted Cardi B an entire mansion for her birthday the previous year. It shouldn’t come as a surprise given most famous people have large fortunes, but offset is particularly skilled at using his money to benefit him through investments, which has led to an exponential rise in his net worth. What is the actual amount of money that Offset has in the bank? We will break everything down for you, but be warned: Offset received a $2 million birthday payment from Cardi in December 2021, which significantly improved his net worth. Quite possibly what my boyfriend got me for my birthday as well!

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What is Offset Net Worth? 

Offset is a $28 million-dollar wealthy American rapper, singer, and songwriter. Offset gained notoriety as a member of the hip-hop group Migos, which also included the late Takeoff and rapper Quavo. “Yung Rich Nation” (2015), “Culture” (2017), “Culture II” (2018), and “Culture III” (2021) are his four studio albums with Migos. At the height of their success, Migos was among the highest-earning musical acts globally, having earned a total of $25 million in the year spanning from 2017 to 2018. Takeoff, a member of Migos, sadly perished in a homicide in November 2022. Offset is well-known for being married to Cardi B from 2017 until 2023 in addition to his work with Migos.

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Childhood of Offset 

December 14, 1991, saw the birth of Kiari Kendrell Cephus, better known by his stage moniker Offset, in Lawrenceville, Georgia. Together with his colleagues Quavo and Takeoff, he grew up in Gwinnett County, Georgia, in a middle-class environment. Quavo is Offset’s cousin, and Takeoff is Offset’s cousin once removed (Quavo is Takeoff’s uncle). In reality, they are all directly linked. They all listened to music from musicians like Lil Wayne, Master P, Hot Boys, Gucci Mane, and Outkast when they were growing up.

Career of Offset 

In 2008, Takeoff, Quavo, and Career Offset formed the hip-hop group Migos. At first, they went by the name Polo Club. Their debut mixtape, “Juug Season,” was released in 2011, and they first became well-known in 2013 with the release of the song “Versace.” The year 2015 saw the release of Migos’ first studio album, “Yung Rich Nation”. On the US Rap chart, it peaked at No. 3, on the US R&B/Hip-Hop chart at No. 5, and on the Billboard 200 chart at No. 17. The song “Bad and Boujee” (featuring Lil Uzi Vert) became their next huge hit in 2017 and went viral on the Internet. Specifically, “rain drop, drop top” by Offset became a joke. Migos also released their second studio album in 2017, “Culture,” which was certified platinum by the RIAA and debuted at No. 1 on the US Billboard 200 list. In 2018, they released the album “Culture II” as a follow-up.

Aside from his work with Migos, Offset released “Without Warning,” a joint album with 21 Savage and Metro Boomin, in 2017. The album, which peaked at No. 4 on the US Billboard 200 chart, featured appearances from musicians such as Quavo and Travis Scott. Offset’s debut solo album “Father of 4” was released in February 2019. Motown and Quality Control Music released it, and J. Cole, Cardi B, Big Rube, Gunna, CeeLo Green, and Gucci Mane are among the musicians featured. “Father of 4” made its debut on the US Billboard 200 at position No. 4, and it was largely well-received by the public and critics alike.

Announcing his second studio album in August 2022, Offset also dropped two brand-new singles, “54321” and “Code.” He sued Quality Control Music, his record company, to assert his rights to the songs he wrote on his own. Offset’s legal team claimed that after a negotiation the previous year, he paid a substantial amount for his solo artist rights, but that QC has since made an attempt to claim his most recent song as their own.

Following rumors that Quavo’s former partner Saweetie had an extramarital affair with Offset, Quavo and Takeoff parted ways with the Migos to establish Unc & Phew. Following a party in Houston, Texas, on November 1, 2022, Takeoff was shot and killed outside of a bowling alley. Offset postponed the release of his next record. Offset and Quavo are said to have gotten into a physical confrontation backstage at the Grammy Awards in 2023. To honor the late Takeoff, the two made amends and got back together for a performance at the BET Awards in February.

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Enterprises and Additional Tasks of Offset  

Apart from his musical career, Offset has starred in commercials for clothing designers and companies such as Lavati, Bryce Barnes, and Gosha Rubchinskiy. In 2016, he also made an appearance in an episode of the television series “Atlanta” with the other members of Migos. He made his television debut in 2020 with Quibi’s “SKRRT with Offset” series, which tracks him as he travels the world in opulent cars with other celebrities.

Offset was revealed as a new investor in the Esports group FaZe Clan in August 2019, however the type and size of the investment were not disclosed. Since then, he has been in two YouTube videos for the FaZe Clan. In 2020, he joined Axis Replay to support struggling artists after making his acting debut in NCIS: Los Angeles. Offset donated $500,000 to the American Cancer Society following the death of his mother from bladder cancer in 2012.

Offset’s Social Media following 

Private Life and Legal Matters of Offset 

In 2017, Offset started dating Cardi B, another rapper from America. They wed in secret in Georgia in September 2017 but kept it a secret from the public; their wedding date was only made public in June 2018 when TMZ, a celebrity gossip website, located their marriage license. Offset publicly proposed to Cardi on October 27, 2017, at a live performance in Philadelphia, Pennsylvania, even though he was already married. During an appearance on “Saturday Night Live” in April 2018, Cardi revealed to the world that she and Offset were expecting their first child together. On July 10, 2018, Kulture Kiari Cephus, their daughter, was born. Offset’s three other children from previous marriages are sons Jordan and Kody and daughter Kalea. Rumors of Offset’s infidelity have inflamed the turbulent on-again, off-again romance between Cardi and Offset.

Cardi B filed for divorce from Offset on September 15, 2020. Since there didn’t seem to be a prenuptial agreement, Cardi asked for equitable asset split, child support, and primary physical custody of their daughter Kulture in the divorce file. When the file was made, they had already split up. They were reported to be back together a month later. The couple declared their intention to have a second child in June 2021. Wave Set Cephus, their son, was born later that year. Offset has a history of legal run-ins, having previously been found guilty of burglary and larceny. At 2013, after breaking the terms of his probation for those charges, he was imprisoned at Georgia’s DeKalb County Jail.

Then, during a Migos performance at Georgia Southern University in 2015, Offset, Quavo, and Takeoff were all taken into custody. He was accused of having a firearm in a school safety zone, possessing marijuana, possessing an unidentified Schedule II narcotic, and using a firearm while committing a crime. Offset was then charged with violence and instigating a riot inside a prison after he struck another inmate while he was still being held. After serving eight months in jail and agreeing to a plea agreement with Alford that dropped the gun, drug, and gang accusations against him in exchange for admitting guilt to inciting a riot, paying a $1,000 fine, and serving five years of probation, he was freed in December 2015. He also consented to being exiled from the Georgian counties of Bulloch, Effingham, Jenkins, and Screven as part of his plea agreement.

Offset was charged with a felony in April 2019 for having three weapons and cocaine after being arrested in July 2018. He was taken into custody by the Beverly Hills Police Department in October 2020 for having a hidden handgun close to a Donald Trump rally. Not long after, he was freed. He was sued in 2021 by Platinum Transportation Group, a car rental firm based in Los Angeles, for allegedly renting a Bentley Bentayga, repeatedly delaying the return date, and then saying the vehicle was lost and they had no idea where it had gone.

Property of Offset 

It was disclosed in December 2019 that Cardi B and Offset had paid $5.5 million for a house outside of Atlanta. With five bedrooms and eleven bathrooms, the 22,000 square foot property is situated on just less than six acres. The home was listed for $10 million in 2017.

Career and Salary of Offset 

The total money made by Migos between September 2017 and September 2018 was $25 million. Offset’s share of the gross earnings was probably in the neighborhood of $8 million. That song was made possible in large part by the group’s demanding tour schedule, which saw them play 93 gigs in a calendar year. With 4 billion streams in the same amount of time, they are also among the most well-liked streaming performers worldwide. They made $36 million from September 2018 to September 2019.

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Migos Earns Huge Profits Offset 

To put the amount of money Migos has made over the years into perspective, the group reportedly made $25 million in 2017 and 2018. What is the offset cut? Roughly eight million, or one-third. Of course, this is a huge sum of money, but Migos made even more the next year. More precisely, $36 million.

Naturally, Migos’ immense success and streams contributed to this financial infusion, but they also had a very busy touring schedule before the pandemic. They performed 93 times in a calendar year, and according to Forbes, each tour stop brings in $150,000 for them. 

Offset Numerous Business Attempts 

Like the majority of well-known celebrities, Offset endorses brands. However, purchasing advertising space isn’t nearly as lucrative as investing in a business and taking a percentage of its profits. In addition to endorsing products, Offset also invests in a number of companies, including as the e-sports group FaZe Clan, the production and streaming firm AXSD Media, HiDef, and the avatar technology startup Genies.

“I wouldn’t tell nobody what’s a good and a bad investment because it’s gambling; what works for the next person might not work for you,” Offset said in an interview with Forbes regarding his financial philosophy. Your emergency savings cannot be used to fund your investment. Instead of wasting money on things like jewelry or stuff they don’t value, it needs to be money you can play with. You cannot invest with your last money. Instead of wasting money on things like jewelry or stuff they don’t value, it needs to be money you can play with. You cannot invest with your last money.

Offset Real Estate Investments 

Cardi B and Offset purchased an enormous Atlanta mansion together in 2019 for $5.5 million. More recently, Offset bought Cardi B a house as an investment. Cardi posted on Instagram, “I’ve been telling Set for a hot minute now that I really want to invest in short-term home rental properties in the Dominican Republic and other Caribbean countries (since people vacation there all year round).” However, it seemed to me that he disagreed with me and would prefer to invest his money in other ventures. I was mistaken, though. This is really unbelievable! I found this to be really fantastic. First of all, I’m delighted that you were paying attention to me rather than just grinning and nodding your head at me to get out of my conversation with you.

Two, you don’t believe my investing ideas are crazy, and three, I appreciate that you enlisted my father’s help in this project. The two most significant men in my life are you and my dad, and I’m very glad that you two get along well and have a unique link and friendship.

Summing it all

Offset has a net worth of $28 million and has undoubtedly had a big impact on the industry. But given his advanced age, skill, and entrepreneurial endeavors, it’s probable that this number will rise much further in the years to come. His tale serves as an example of what can be accomplished in the music industry with skill, diligence, and astute commercial judgment. Offset’s development as an artist and businessman is ongoing. It is anticipated that his impact would increase in the music industry and elsewhere. His voyage serves as a metaphor for the vast opportunities present in the hip-hop sector. It demonstrates how artists can pursue a variety of paths to prosperity and success rather than being restricted to just one. In this sense, Offset’s net worth serves as an indicator of both his influence and level of financial achievement.

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