Net Worth Ranker
What Is Takeoff’s Net Worth?
At the time of his death on November 1, 2022, Takeoff, born Kirshnik Khari Ball, possessed a net worth of $26 million. This valuation reflected his success as a prominent member of the hip-hop trio Migos, whose earnings between September 2017 and September 2018 totaled $25 million, largely due to an extensive tour schedule encompassing 93 shows within a 12-month period. The group also garnered significant revenue from streaming, accumulating 4 billion streams during the same period. From September 2018 to September 2019, their earnings increased to $36 million. This substantial financial growth underscores Takeoff’s impact and contribution to the group’s success within the music industry.
Takeoff’s Early Career and Formation of Migos
Born on June 18, 1994, in Lawrenceville, Georgia, Takeoff’s early life was shaped by his upbringing alongside his relatives Quavious Keyate Marshall (Quavo) and Kiari Kendrell Cephus (Offset). Influenced by artists such as Gucci Mane, Outkast, and Lil Wayne, Takeoff’s musical journey began in 2008 when he formed Migos with Quavo and Offset. Initially known as the Polo Club, the group released its debut mixtape, “Juug Season,” in 2011, followed by “No Label” in 2012. These early projects laid the foundation for their breakthrough success, demonstrating Takeoff’s early commitment to his craft.
Migos’ Rise to Prominence and Key Milestones
Migos achieved widespread recognition in 2013 with the release of their single “Versace,” which was later remixed by Drake. The track peaked at number 99 on the Billboard Hot 100 and number 31 on the Hot R&B/Hip-Hop Songs chart. Featured on the mixtape “Y.R.N.,” “Versace” propelled Migos into the mainstream. The group continued their ascent with the mixtape “No Label 2,” which garnered over 100,000 downloads in its first week. In 2014, the single “Fright Night” further solidified their presence, peaking at number 69 on the Billboard Hot 100. Migos released their debut studio album, “Yung Rich Nation,” in 2015, featuring guest appearances from Young Thug and Chris Brown. The album reached number three on the Top Rap Albums chart and number 17 on the Billboard 200, spawning the hit single “One Time.” Also in 2015, the song “Look at My Dab” from their mixtape “Back to the Bando” went viral, popularizing the “dabbing” dance move. During this time Migos partnered with Rich the Kid for the album “Streets on Lock 4.” These milestones showcase the group’s growth and Takeoff’s contribution to their increasing popularity. The continued success of Migos further augmented Takeoff’s net worth.
Continued Success and Earnings of Migos
Migos achieved their first number-one hit with “Bad and Boujee,” featuring Lil Uzi Vert, in 2016. This single, from their second album “Culture,” was certified four times platinum by the RIAA. Despite Takeoff not being featured on this particular track due to scheduling conflicts, “Culture” debuted at number one on the Billboard 200 in January 2017, selling approximately 131,000 album-equivalent units in its first week. The album was certified platinum by July of the same year. Toward the end of 2017, Migos released “MotorSport,” the lead single from “Culture II,” featuring Nicki Minaj and Cardi B. The song reached number six on the Billboard Hot 100. A second single, “Stir Fry,” peaked at number eight. “Culture II” was released in January 2018 and also debuted at number one on the Billboard 200, moving 199,000 album-equivalent units in its first week. The album “Culture III,” initially slated for release in 2020, was delayed due to the COVID-19 pandemic and was eventually released on June 11, 2021. These commercial successes significantly boosted Migos’ overall earnings, directly influencing Takeoff’s net worth. The substantial revenue generated from album sales, streaming, and performances contributed to his financial standing.
Additional Ventures and Collaborative Projects
In addition to his work with Migos, Takeoff participated in several collaborative projects that further enhanced his profile and income. In October 2022, Quavo and Takeoff released the album “Only Built for Infinity Links” just 25 days before Takeoff’s death. While specific financial details of these projects are not publicly available, it’s understood that they provided additional revenue streams that contributed to Takeoff’s overall net worth. These ventures, combined with his earnings from Migos, highlight his active engagement in the music industry and his ability to generate income through diverse avenues.
Legal Issues and Incidents
In April 2015, Migos faced legal issues when they were arrested at Georgia Southern University for controlled substance possession, possession of firearms within a school safety zone, and possession of firearms by convicted felons (due to Offset’s prior record). Takeoff, along with Quavo and six members of their entourage, were released on bond two days after the incident. In July 2017, Takeoff was asked to leave a flight from Atlanta to Des Moines, Iowa, after allegedly refusing to move his bag from the floor to the overhead storage. In 2020, he was named in a civil lawsuit alleging sexual battery, assault, and false imprisonment. The Los Angeles District Attorney’s office declined to file criminal charges in 2021 due to insufficient evidence. While these legal issues did not appear to have a direct financial impact on Takeoff’s net worth, they nonetheless represent challenging periods in his career.
Takeoff’s Untimely Death and Legacy
On November 1, 2022, Takeoff was fatally shot at a private party in Houston at the age of 28. In May 2023, Patrick Xavier Clark was indicted for the murder and, if convicted, could face a prison sentence ranging from 5 years to life. In June 2023, Takeoff’s mother filed a wrongful death lawsuit against the bowling alley where the shooting occurred. At the time of his death, his net worth was estimated to be $26 million. His contribution to Migos, along with his individual endeavors, cemented his legacy as a successful and influential artist. The financial stability he achieved during his career is a testament to his talent and hard work. Takeoff’s net worth reflects his impact on the music industry and the enduring popularity of Migos.
