Rappers often flaunt a lavish lifestyle that many can only imagine. Among them is Kiari Kendrell Cephus, better known as Offset. His star soared in 2020, establishing him as a prominent figure in the music industry. Collaborating with major artists like 21 Savage and Metro Boomin, he became a mainstay on the awards circuit and the top of the Billboard charts. With numerous successes under his belt, what exactly is Offset’s net worth?
Offset’s Estimated Net Worth
As per various media outlets, Offset’s estimated net worth stands at a whopping $28 million as of 2024. While he’s renowned for his rap prowess, a significant portion of his wealth comes from his investments in real estate. Offset possesses multiple properties not only in the United States but also in several other countries. Let’s delve into the factors that have contributed significantly to Offset’s net worth.
Stage Name | Offset |
Real Name | Kiari Kendrell Cephus |
Known For | Being One of the Members of Migos |
Net Worth | $28 Million, Approximately |
Salary (Annually) | $15 Million, Approximately |
Profession | American rapper |
Last Updated | 2024 |
Factors Influencing Offset’s Net Worth
Migos:
As part of the American hip-hop group Migos, alongside Quavo and Takeoff, Offset earned a combined $25 million in a year, translating to a $8 million salary for Offset himself.
Streaming:
Apart from Migos, Offset garnered substantial earnings from streaming. Reports suggest that the trio earned a staggering $36 million in streaming revenue, a significant boost to Offset’s overall net worth.
Brand Endorsements:
Offset’s major income streams extend beyond music. As of 2024, he serves as a spokesperson for various fashion designers and brands such as Lavati, Gosha Rubchinskiy, and Bryce Barnes. Additionally, he hosts “SKRRT with Offset,” a show on Quibi where he interviews notable personalities while showcasing luxury cars.
Car Collection:
Similar to many in his industry, Offset has a penchant for luxury cars. His collection as of 2024 includes vehicles like the Bentley Bentayga, Lamborghini Urus, Mercedes Maybach S 600, Lamborghini Aventador, Lamborghini Aventador SVJ, and Rolls Royce Wraith.
Real Estate Investments:
Offset, along with his wife Cardi B, boasts an impressive real estate portfolio. In 2024, they own a sprawling 22,000-square-foot home valued at $5.5 million in Atlanta. Interestingly, the property was initially listed for $10 million back in 2017.
Offset’s Career Journey
Starting with Migos, Offset, along with Quavo and Takeoff, formed the hip-hop trio that made waves with hits like “Versace” and acclaimed albums such as “Yung Rich Nation” and “Culture.” Their success earned them numerous awards, including BET Hip-hop Awards and Billboard Music Awards. Despite Migos’ disbandment following Takeoff’s departure, Offset found success in his solo endeavors with albums like “Set It Off” and collaborative projects.
Beyond music, Offset explored acting with roles in FX’s “Atlanta” and “NCIS: Los Angeles.” He’s also ventured into esports, investing in FaZe Clan.
Early Life and Personal Details
Born on December 14, 1991, Offset grew up in Lawrenceville, Georgia. He showed an early interest in entertainment, even appearing as a backup dancer in Whitney Houston’s music video. His personal life, marked by relationships and controversies, has often made headlines.
Despite his fair share of controversies, Offset remains a respected figure in the rap scene, continually adding to his wealth and legacy.