Chief Keef Net Worth: $1 Million
Net Worth: | $1 Million |
Date of Birth: | Aug 15, 1995 |
Height: | 6 ft (1.83 m) |
Age: | 26 years |
Chief Keef net worth is around $1 Million. Chief Keef is a famous rapper.
Credited by many for pioneering “mumble rap” and “drill” sub-genres of rap music, Chief Keef has made huge impact on the hip-hop world. Also known as “Sosa,” Chief Keef has struggled with legal and financial issues over the course of his career.
Chief Keef Net Worth ([current_date format=’Y’]):
Chief Keef net worth is $1 million.
Chief Keef House:
Chief Keef has been evicted from many rental properties over the course of his career. In 2014, Chief Keef was on rent in a property in Highland Park, Los Angeles for a reported sum of $11,000 per month. Chief Keef fell behind on rent that year, reportedly owing more than $30,000 in unpaid rent for the 5,600-square foot house at the time.
Chief Keef Biography:
Keith Farrelle Cozart was born on August 15th of 1995 in Chicago. Born to a 16-year-old mother, Keith was raised on the South Side of Chicago in a low-income apartment complex commonly known as “O-Block.” Cozart was a member of the Black Disciples gang that is active in that area of Chicago. Chief keef Age is 26 years.
By the age of 5, Keith was creating his own raps using his grandmother’s karaoke machine and recording them with cassette tapes. He dropped out of high school at 15.
Chief Keef Career:
Chief Keef first gained popularity as a 16-year-old with mixtapes such as “The Glory Road” and “Bang.” After being placed under house arrest for a number of legal issues, Chief Keef started uploading tracks to his YouTube account.
One of these songs was “I Don’t Like,” which became a major hit and helped to start the new rap subgenre known as “Drill.” The song allowed Chief Keef to reach even higher levels of fame when Kanye West remixed it with Jadakiss, Big Sean, and Pusha T.
Following this success, Keef became a sought-after artist with many record labels fighting to sign him. He chose to sign a lucrative deal with Interscope Records, and subsequently released his debut studio album, “Finally Rich.”
A major hit in 2012 was his song “Love Sosa.” In 2013, Chief Keef collaborated with Kanye West on the track “Hold My Liquor,” and released two mixtapes with a largely negative response from critics, although “Almighty So” contained the odd hit such as “Nice.”
Chief Keef acknowledged the lack of quality in his last releases and blamed it on drug addiction issues. Interscope dropped Sosa in 2014 but Chief Keef continued to release mixtapes such as “Back From The Dead 2” independently, and he produced most of the songs on this album.
After a shooting incident that claimed the life of Chief Keef’s associate Marvin Carr and a 13-month-old baby, Sosa took a stance against gang violence and organized a free benefit concert in honor of Marvin Carr.
Due to warrants for Keef’s arrest, he appeared at the concert via hologram. However, police shut down the generator powering the hologram out of fear the concert would provoke further violence.
Chief Keef has released fewer mixtapes and tracks. In 2016, Chief Keef announced that he was retiring. But, he would continue to collaborate with a number of high-profile artists, and in 2019, Chief Keef revealed that he was planning to release “Almighty So 2.” During 2019, he also produced the Lil Uzi Vert track “Chrome Heart Tags.”
Interscope Deal:
In June 2013, Chief Keef signed a contract with Interscope Records. The three-album deal was reportedly worth more than $6 million (before taxes, managers fees, lawyers, and expenses). As part of the contract, Interscope paid Chief a $440,000 advance, plus $300,000 to cover recording expenses in order for him to produce a commercial version of “Finally Rich”.
Chief Keef also received a $180,000 advance for his record label, Glory Boyz Entertainment, and $200,000 to cover record label overhead expenses.
However, there was also a stipulation that allowed Interscope to cancel the deal if “Finally Rich” did not sell 250,000 copies by December 2013.
The album sold only 150,000, and in mid-October 2014, Chief Keef was officially dropped by Interscope.
Chief Keef Legal Issues:
At 16, Chief Keef was charged with heroin distribution and manufacturing. Because of his age at the time, Chief Keef got off rather lightly and was sentenced to house arrest. That same year,Chief Keef left his home and pointed a handgun at several police officers, who chased Chief Keef while shooting at him and narrowly missing.
Eventually, they caught Chief Keef and took away the handgun. Keef was charged with assaulting a police officer with a firearm and unlawful use of a weapon. Once again, he was sentenced to house arrest.
Next year,Chief Keef was accused of paying an assassin to kill one of his Englewood rivals, who went by the stage name “Lil’ JoJo.”
Keef was investigated and was discovered that he had been violating his parole by visiting a shooting range and discharging a weapon. Eventually, Chief Keef was sentenced to two months in juvenile detention in 2013.
Also in 2013, Chief Keef was sued by a promotion company for $75,000 after failing to show up for a scheduled show in London, England. Chief Keef ignored the lawsuit, and a court subsequently ordered him to pay $230,000 to the promotion company in damages.
Throughout 2013, he was arrested for smoking marijuana in public, speeding, and violating parole. For 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 by the name of Ramsay Tha Great.
Chief Keef has struggled with various child support claims in court. He has had three children over his lifetime, and in some cases, a DNA test was required to confirm whether or not he was actually the father.
In at least one case, Chief Keef failed to appear in court as a result of child support claims, and a warrant was issued for his arrest. Another controversy came when he allegedly named one of his sons “FilmOn Dot Com” in an effort to promote his new album and record label.
Many of Chief Keef’s family members have been killed as a result of gang violence, including his stepbrother and his cousin.