Quavious Keyate Marshall, known professionally as Quavo, was born on April 2, 1991, in Athens, Georgia. Raised in Lawrenceville, a suburb of Atlanta, Quavo grew up alongside his future Migos bandmates—his nephew Takeoff and cousin Offset. Migos began as a close-knit family project, which they initially called “Polo Club” before renaming it to “Migos.” The group began to gain local fame with their first mixtapes, but it was the 2013 single Versace that put them on the map, especially after a remix by Drake helped it chart on Billboard.
As of 2024, Quavo Net Worth is estimated at around $28 million, with some sources suggesting it might even reach as high as $30 million. This article dives into Quavo’s wealth, examining his sources of income, career milestones, and other financial interests.
Rise to Fame with Migos
Migos’ rise to fame was marked by a mix of raw talent, strategic collaborations, and influential cultural moments. Formed in 2008 in Lawrenceville, Georgia, the trio initially went by the name “Polo Club” before adopting “Migos” in 2010. Comprised of Quavo, Takeoff, and Offset—all related—the group started gaining traction with their early mixtapes, particularly No Label in 2012. This project featured the track “Bando,” which gained regional popularity and helped catch the attention of Atlanta-based producer Zaytoven and Quality Control Music co-founder Kevin “Coach K” Lee. Recognizing Migos’ potential, Coach K and Pierre “Pee” Thomas signed them as Quality Control’s first artists, a decision that would lay the groundwork for their rapid ascent in hip-hop.
Migos achieved their big break in 2013 with the viral single “Versace,” produced by Zaytoven. The song received a major boost when Drake jumped on the remix, propelling it to mainstream audiences and ultimately earning a spot on the Billboard Hot 100. Following this, Migos continued to release a string of successful projects, culminating in the 2017 album Culture, which debuted at No. 1 on the Billboard 200 and included the iconic single “Bad and Boujee.” This track became a cultural phenomenon, in part due to a shoutout from Donald Glover at the Golden Globes, and it reached No. 1 on the Billboard Hot 100. With Culture, Migos solidified their place as innovators in trap music, blending unique flows, catchy ad-libs, and a signature sound that left a lasting impact on hip-hop.
The group’s follow-up albums, Culture II and Culture III, only reinforced their influence, contributing to a legacy that pushed boundaries in rap and brought Atlanta’s trap scene to the global stage. Through high-profile collaborations and a relentless work ethic, Migos transcended the hip-hop genre, becoming not just musicians but cultural icons who continue to shape the music industry even amid personal and professional challenges
Quavo’s Solo Career
In 2018, Quavo ventured into solo projects, releasing Quavo Huncho, his debut solo album, which featured collaborations with major artists such as Cardi B, Drake, and Travis Scott. The album debuted at No. 2 on the Billboard 200, In addition to his work with Migos, he frequently collaborated with artists like Post Malone, Justin Bieber, and DJ Khaled, further expanding his influence and reach in the music industry.
Quavo’s solo career reached a profound milestone with the release of his second album, Rocket Power, in August 2023. This album marked a poignant shift in his music, serving as both a tribute to his late nephew and Migos bandmate, Takeoff, and as a platform for Quavo to process his personal grief and growth. Rocket Power is filled with emotional depth, with tracks that directly address the tragedy of Takeoff’s death and the impact it had on Quavo and his family. For example, on the track “11.11,” Quavo remembers the sleepless nights and pain that he has endured and the bond he shares with his nephew Takeoff.
In Rocket Power, Quavo showcases both his versatility and willingness to explore new musical avenues. While tracks like “Patty Cake” capture the classic Migos energy with engaging beats and familiar chemistry, songs such as “Mama Told Me” and “Hold Me” venture into more introspective territory, addressing family, resilience, and the guidance of loved ones. The album not only highlights his stylistic range but also his development as a solo artist willing to express vulnerability—an element that distinguishes Rocket Power from his 2018 debut, Quavo Huncho, which was more focused on mainstream appeal and high-energy tracks.
In terms of commercial success, Rocket Power received a warm reception from fans and critics alike, debuting at No. 18 on the Billboard 200. The album’s thoughtful production, which incorporates influences like Afrobeats and trap, has allowed Quavo to expand his solo reach, appealing to a diverse audience. Through Rocket Power, Quavo has firmly established himself as an independent artist capable of creating music that resonates deeply with listeners, both in terms of lyrical substance and cultural relevance
Sources of Income
- Music Sales and Streaming
As the primary contributor to his wealth, Quavo’s music has been a top earner. With Migos’ albums and his solo projects generating millions in sales and streaming revenue, it’s estimated that his total earnings from music exceed $15 million. Songs like “Bad and Boujee” and “MotorSport” remain popular on streaming platforms, contributing significantly to his annual income. - Concerts and Tours
Concert tours and live performances with Migos and as a solo artist are another major revenue source. Known for high-energy shows, Migos’ concerts have been incredibly profitable, especially at the height of their fame with the Culture albums. Quavo’s performance fees and tour revenues are estimated to be around $7 million, adding considerably to his net worth. - Brand Endorsements and Sponsorships
Quavo has also profited from partnerships with prominent brands. He has worked with companies like Nike, and his high-profile image makes him a sought-after face for endorsements. These deals contribute roughly $4 million to his wealth each year. - Investments and Business Ventures
In addition to his music earnings, Quavo has invested in various business ventures. His interests include real estate, tech startups, and the fashion industry. For instance, he has a clothing line and frequently collaborates on fashion projects, which provide an additional income stream. His diversified investments contribute about $3 million annually to his net worth.
Philanthropy and Community Involvement
Quavo has taken significant steps in philanthropy, especially through his work addressing gun violence, a cause he committed to following the tragic loss of his nephew and fellow Migos member, Takeoff. In 2022, he founded The Rocket Foundation, which has become a platform for supporting anti-violence initiatives, particularly in Atlanta. One of the foundation’s signature programs, the “Spark Grants,” awarded ten $10,000 grants to local nonprofits in 2024. These organizations focus on community safety, youth mentorship, and conflict resolution, aligning with Quavo’s mission to tackle gun violence from its roots.
Quavo has also been recognized for his activism at events such as the Variety Hitmakers celebration, where he received the Humanitarian Award. His advocacy work includes partnering with influential figures like Vice President Kamala Harris, emphasizing the importance of both community-led solutions and policy reform in creating safer communities. Through his platform, Quavo has not only raised awareness but also engaged the public and the entertainment community in this vital cause.
Events like Huncho Day—a celebrity football game he hosts annually—raise substantial funds for The Rocket Foundation, allowing Quavo to further his philanthropic reach. These initiatives underscore his dedication to transforming personal grief into a meaningful impact on communities affected by violence.
Legal Issues and Public Image
Quavo’s legal challenges have intensified in recent years, impacting both his finances and public image. As of 2024, he faced notable legal disputes that have received significant media coverage. One prominent case involved a lawsuit over an alleged assault on a Las Vegas valet driver. The incident, which occurred in 2018, escalated into a prolonged legal battle where Quavo was found liable and ultimately ordered to pay approximately $700,000 in damages. This case raised questions about his public conduct and added to a series of legal issues involving public disputes and altercations.
Adding to his legal troubles, Quavo was recently sued by a Louisiana rapper, L.Mont, who claims that Quavo’s 2018 song “Bubble Gum” was copied from a track he had shared with Quavo in 2016. The plaintiff alleges that Quavo used elements of his work without permission, seeking damages for intellectual property theft. This lawsuit underscores the challenges artists face regarding intellectual property and originality within the competitive hip-hop industry.
Quavo’s Lifestyle and Asset Collection
Quavo’s lifestyle in 2024 reflects his success and affinity for luxury. His impressive collection of high-end assets includes a fleet of exotic cars and an extensive jewelry collection, symbolizing both his financial achievements and taste for opulence. Among his prized cars are a Rolls Royce Cullinan, Lamborghini Aventador, Mercedes-Benz G-Class, and a Dodge Challenger SRT Hellcat. Each of these vehicles represents his penchant for luxury and serves as a marker of his success in the music industry.
Additionally, Quavo is known for his collection of custom jewelry, featuring diamond-encrusted chains, watches, and rings. One of his most notable pieces is a custom diamond grill valued at around $250,000. His jewelry collection, which includes items crafted by top jewelers, has become an essential part of his public persona and style, frequently showcased on social media and during live performances.
In the realm of real estate, Quavo has invested in multiple properties, primarily in Georgia and California. His primary mansion in Atlanta is a luxury residence that serves as both a personal retreat and an investment asset. These real estate holdings underscore Quavo’s financial prudence and his approach to wealth management through tangible assets.
Quavo Net Worth Growth Over the Years
Year | Estimated Net Worth |
---|---|
2020 | $25 million |
2022 | $27 million |
2024 | $28-30 million |
FAQs
- What is Quavo’s net worth in 2024?
Quavo’s net worth in 2024 is estimated at $28 million, with some estimates reaching $30 million. - What are Quavo’s main sources of income?
His primary income comes from music sales, streaming, tours, endorsements, and investments. - Did Quavo start as a solo artist?
No, he began his career with Migos, achieving fame with hits like “Bad and Boujee” before launching a solo career. - What businesses does Quavo have?
He has ventured into fashion, real estate, and endorsements with brands like Nike. - Is Quavo involved in charity?
Yes, Quavo supports various charitable causes, particularly those benefiting youth and education.