Chief Keef Net Worth 2022: Multi-Millionaire Rapper!
Chief Keef Net Worth: The sum of 1 Million Dollars
Chief Keef is the name given to the Chief Keef is a millionaire rapper from the United States with a fortune of $1 million. He is widely regarded as a pioneer of the “mumble rap” and “drill” sub-genres of rap music, and his influence is clear. For most of his career, Keef has gone under the alias “Sosa” (after a character in the film “Scarface”) due to his legal and financial woes.
Keith Farrelle Cozart was born on August 15th, 1995, in Chicago, the son of a Chicago firefighter. Keith was born to a 16-year-old mother in a low-income apartment complex known as “O-Block” in Chicago’s South Side. Cozart quickly became a member of the Chicago gang known as the Black Disciples. The karaoke machine at his grandmother’s house was used by Keith at the age of five, and he used cassette cassettes to record his raps. At the age of 15, he decided to leave school and never returned.
Chief Keef Net Worth – Early Life:
“The Glory Road” and “Bang” mixtapes, which Chief Keef released as a 16-year-old, helped launch his career. While under house arrest for a multitude of legal concerns, he began posting music to his YouTube channel. “I Don’t Like” was one of these tracks, and it became a big smash, ushering in the “Drill” rap style. When Kanye West remixed the song with Jadakiss, Big Sean, and Pusha T, it elevated Chief Keef to even greater popularity.
He became a sought-after musician following this triumph, with numerous record labels vying for his signature. After signing a lucrative contract with Interscope Records, he released his debut studio album, “Finally Rich.” A significant smash in 2012 was his song “Love Sosa.” In 2013, he worked with Kanye West on the single “Hold My Liquor,” and released two mixtapes with a mainly unfavourable reaction from reviewers, but “Almighty So” had the rare success such as “Nice.”
Chief Keef Net Worth – Career:
Chief Keef recognised the lack of quality in his newest releases and blamed it on drug addiction concerns. Sosa was dropped by Interscope in 2014, a decision that was widely condemned. Although Keef released mixtapes like “Back from the Dead 2” and produced most of the tracks on this album, he continued to do it independently.
A 13-month-old infant and Sosa associate Marvin Carr were killed in a shooting incident, and Chief Keef took an anti-gang stand by hosting a free concert in his honour. He appeared via hologram during the performance due to warrants for his arrest. Although the hologram was still running, authorities cut off the generator that powered it because they feared that the concert would lead to more violence.
Chief Keef began releasing fewer and fewer mixtapes and music throughout the following few years. He even declared his retirement in 2016. “Almighty So 2″ was announced in 2019, and he will continue to engage with several high-profile musicians.” Aside from “Chrome Heart Tags,” which he produced for Lil Uzi Vert in 2019,
Interscope Deal:
Chief Keef inked a lucrative deal with Interscope Records in June 2013. It was rumoured that the three-album agreement was for about $6 million dollars (before taxes, managers fees, lawyers, and expenses). For the commercial release of “Finally Rich,” Interscope gave Chief a $440,000 advance and another $300,000 to cover recording costs. To help pay record label overhead costs, he got $180,000 for his record label, Glory Boyz Entertainment, as well as $200,000 from the record company.
However, if “Finally Rich” didn’t sell 250,000 copies by December 2013, Interscope had the option of cancelling the arrangement. Chief Keef was formally dismissed from Interscope Records in mid-October 2014 after the album barely sold 150,000 copies.
Legal Issues:
At the age of 16, Chief Keef was charged with heroin distribution and production. When it came to punishment, Chief Keef was spared jail time due to his advanced age at the time. Chief Keef, a 16-year-old armed with a revolver, escaped from his house and pointed it at multiple police officers, who followed him and almost missed. A gun was taken from him when he was apprehended. An attack on a police officer with a firearm and the unauthorised use of a weapon were charges against him. He was sentenced to house arrest for the second time.
Following his arrest in 2014, Chief Keef, then 17, was charged with hiring a hit man to assassinate “Lil’ JoJo,” a stage name for one of his Englewood rivals. It was revealed that Keef had violated his parole by attending a shooting range and firing a firearm, and thus an investigation was launched. It wasn’t until the end of 2013 that he was sent to juvenile jail for two months.
A marketing business also filed a $75,000 lawsuit against Chief Keef in 2013 after he failed to show up for a scheduled event in the United Kingdom capital of London. A judge ordered Keef to pay $230,000 in damages to the advertising business after he disregarded a case against him. There were several arrests for marijuana possession and other offences during the year. Later, Keef was sued for a series of missed performances; he was also accused of robbing producer Ramsay Tha Great while driving under the influence of marijuana and using it in public.
In court, Chief Keef has had to deal with a number of child support issues. The father of three children, he had to undergo a DNA test in order to prove his paternity in certain circumstances. His failure to appear in court on unpaid child support claims resulted in at least one warrant for his arrest. One of his sons was called “FilmOn Dot Com” in an attempt to advertise his new album and record label, which sparked another controversy.
Chief Keef Net Worth – Real Estate:
Gang warfare has claimed the lives of several members of Chief Keef’s family, including his stepbrother and his cousin.
For a long time, Chief Keef had to deal with being kicked out of rented residences. Renting an apartment in Highland Park, Los Angeles for $11,000 per month was reportedly his monthly rent in 2014. During that year, Chief Keef reportedly fell behind on his rent, owing over $30,000 in unpaid rent for the 5,600-square-foot mansion.
In addition to the reported usage of guns in the backyard by Chief Keef, neighbours were concerned about the number of visitors he had on the home, who came and went every day. He was eventually kicked out of the apartment.
