Net Worth: Chief Keef – How Much Money Does Chief Keef Really Have
Chief Keef net worth: Chief Keef is an American rapper who has a net worth of $1 million. Many are credited with pioneering the so-called “mumble rap” and “drill” subgenres of rap music. Chief Keef has made an undeniable impact on the hip hop world. Also known as “Sosa” (after a character in the movie “Scarface”), Keef has faced a number of legal and financial issues throughout his career.
After that success, Chief Keef became a sought-after artist, and many record labels struggled to get him signed. He signed a lucrative deal with Interscope Records and went on to release his debut studio album, Finally Rich. A big hit in 2012 was his song “Love Sosa”. In 2013, he collaborated with Kanye West on the track “Hold My Liquor” and released two mixtapes that received largely negative reviews from critics, although “Almighty So” picked up the odd hit like “Nice.”
Chef Keef acknowledged the lack of quality in his recent releases, blaming drug addiction. Interscope dropped Sosa in 2014, a decision that many observers criticized. However, Keef continued to independently release mixtapes such as “Back From The Dead 2” and he produced most of the songs on that album.
After a shooting that killed Sosa employee Marvin Carr and a 13-month-old baby, Chief Keef took a stand against gang violence and organized a free benefit concert in honor of Marvin Carr. Due to arrest warrants against Keef, he appeared at the concert via hologram. However, police shut down the generator powering the hologram, fearing the concert would provoke further violence.
Over the next few years, Chief Keef began releasing fewer and fewer mixtapes and tracks. In 2016, he even announced that he was retiring. However, he would continue to collaborate with a number of high-profile artists, and in 2019 he announced he was planning to release Almighty So 2. In 2019 he also produced the Lil Uzi Vert song “Chrome Heart Tags”
Career: In June 2013, Chief Keef signed a lucrative deal with Interscope Records. The three-album deal was reportedly worth more than $6 million (before taxes, manager fees, legal fees and expenses). As part of the deal, Interscope paid the Chief a $440,000 advance plus $300,000 to cover recording costs so that he could produce a commercial version of “Finally Rich.” He also received an advance of $180,000 for his record company Glory Boyz Entertainment and $200,000 to cover record company overheads.
However, there was also a clause allowing Interscope to cancel the deal if “Finally Rich” didn’t sell 250,000 copies by December 2013. The album only sold 150,000 copies, and Chief Keef was officially dropped by Interscope in mid-October 2014.
At the age of 16, Chief Keef was charged with heroin distribution and manufacture. Due to his age at the time, Chief Keef got off lightly and was sentenced to house arrest. That same year, the 16-year-old left his home and pointed a handgun at several police officers who were pursuing Chief Keef while they fired at him, narrowly missing. Eventually they caught him and took the handgun away from him. He was charged with assaulting a police officer with a firearm and using a weapon unlawfully. He was again sentenced to house arrest.
Next year, 17-year-old Chief Keef was accused of hiring an assassin to kill one of his Englewood rivals, who went by the stage name “Lil’ JoJo.” Chief Keef was subsequently investigated and found to have violated his probation terms by visiting a shooting range and firing a gun. Finally, in 2013, he was sentenced to two months in juvenile detention.
Also in 2013, Chief Keef was sued by an advertising agency for $75,000 after failing to show up at a scheduled show in London, England. Keef ignored the lawsuit, and a court subsequently ordered him to pay the advertiser $230,000 in damages. For the remainder of the year, he was arrested for smoking marijuana in public, speeding, and violating probation. Over the next few years, Keef was sued for missing more concerts and arrested for smoking marijuana in public, driving under the influence and allegedly robbing a producer named Ramsay Tha Great.
Chef Keef has fought various alimony claims in court. He has had three children over the course of his life, and in some cases a DNA test has been required to confirm whether or not he is in fact the father. In at least one case, he failed to appear in court on alimony claims and an arrest warrant was issued for him. Another controversy arose when he allegedly named one of his sons “FilmOn Dot Com” to promote his new album and record label.
A number of Chief Keef’s family members were killed as a result of gang violence, including his stepbrother and cousin.
Chief Keef has been evicted from several rental properties throughout his career. In 2014, he rented a property in Highland Park, Los Angeles for a reported $11,000 a month. That year, Chief Keef defaulted on his rent and reportedly owed more than $30,000 in unpaid rent on the 5,600-square-foot home at the time.
Neighbors were also concerned about Chief Keef’s reported use of guns in the backyard and the large number of guests coming and going on the property each day. Eventually he was evicted.
|Birth date:||Aug 15, 1995 (25 years old)|