Quavious Keyate Marshall is famously known as Quavo. He grew up in Athens, Georgia. Quavo is a professional rapper. With Quavo’s success over the years, Quavo has amassed a lot of wealth. However, this article discusses Quavo net worth in 2023, his career beginnings, and other business ventures.
Early Life and Career Beginnings
Quavo was born in Lawrenceville, Georgia, on April 2, 1991. He grew up in nearby Atlanta with his family and attended Berkmar High School. Quavo’s interest in music began at a young age as he was exposed to various genres by his parents. His first foray into the rap scene came through his cousin, rapper and producer, Rico Wade.
In 2009, Quavo formed the group Migos with fellow rappers Offset (his cousin) and Takeoff (his nephew). The trio quickly gained popularity with their unique sound that blended trap beats with catchy hooks.
One of their early mixtapes, “Young Rich N***as,” released in 2013, caught the attention of mainstream audiences. It featured hit songs like “Versace,” which became a viral sensation after being remixed by Drake. This led to Migos signing a record deal with Quality Control Music and Motown Records later that year. Migos’ success sparked a new wave of trap music that dominated the hip-hop scene throughout the mid-2010s.
With Quavo leading the charge as one of the group’s primary vocalists and songwriters, they became known for their infectious ad-libs and catchy hooks that kept fans coming back for more. Despite facing legal troubles early on in their career, including arrests for drug possession and gun charges, Migos continued to release successful projects like “Culture” (2017) and “Culture II” (2018), which contained chart-topping hits like “Bad and Boujee” featuring Lil Uzi Vert. However, these early beginnings have also significantly impacted Quavo net worth in 2023.
Migos’ Success and Quavo’s Solo Ventures
Breakout success with hit singles like “Versace” and “Bad and Boujee”
Quavo’s success as a member of Migos cannot be understated. The group has been making waves in the rap scene since 2008, with their breakthrough single “Versace” released in 2013. However, it was their 2017 hit single “Bad and Boujee” that truly put them on the map.
The song topped the charts for weeks and became a cultural phenomenon, with its catchphrase “rain drop, drop top” being named all over social media. Quavo’s signature ad-libs and melodic hooks were crucial to the success of both of these songs.
Collaborations with other artists like Drake, Travis Scott, and Post Malone
Quavo has also made a name for himself through collaborations with other big names in the industry. He has worked extensively with Drake on songs like “Portland,” “Walk It Talk It,” and “Nonstop.” Quavo has also collaborated multiple times with Travis Scott on tracks like “Goosebumps,” “Pick Up The Phone,” and most recently, their joint album Huncho Jack, Jack Huncho. Another notable collaboration is Quavo’s work with Post Malone on hits like “Congratulations” and more recently, “Circles.”
Launching his own record label, Huncho Records
In addition to his work as part of Migos and his collaborations with other artists, Quavo has ventured into creating his own label called Huncho Records. The label was founded in April 2020 under the Motown Records/Capitol Music Group umbrella.
Its flagship artist is fellow Atlanta rapper Street Bud who signed to the label after winning Jermaine Dupri’s reality competition series The Rap Game. Quavo has expressed his desire to use the label as a platform to give back to his community. Huncho Records have also had positive impacts on Quavo net worth till now.
Business Ventures
Quavo is not just a talented rapper, but also a savvy businessman. He has made strategic investments in several industries and businesses, including fashion, gaming, and food.
Partnership with Adidas for a sneaker line
In 2019, Quavo announced that he had teamed up with Adidas to create his own signature sneaker line. The collaboration was called “Quavo Huncho x Adidas,” and it featured two different styles of sneakers. These two styles of sneakers include the “Huncho NMD” and the “Huncho Pro.” Both shoes sold out almost immediately after they were released.
This partnership showcased Quavo’s fashion sense and solidified his status as an influential figure in the world of hip-hop and streetwear. It also brought Quavo closer to fellow rappers like Kanye West and Pharrell Williams, who have also collaborated with Adidas in the past.
Investment in esports organization XSET
In 2020, Quavo joined forces with former FaZe Clan executives Greg Selkoe and Clinton Sparks to launch XSET – an esports organization that focuses on diversity and inclusion. The company fields teams across various games like Call of Duty: Warzone, Fortnite, Valorant, Madden NFL 21 & NBA 2K21.
Quavo cited his love for gaming as one reason for investing in XSET. He recognized the rapidly growing popularity of esports and saw an opportunity to become involved on a deeper level. However, this esports organization has also significantly boasted Quavo net worth today.
Ownership of a restaurant chain called Huncho’s Chicken
In 2021, Quavo opened his fast-food chain called Huncho’s Chicken. The restaurant serves southern-style crispy chicken sandwiches and sides like fries, onion rings, and mac ‘n’ cheese.
The first location opened in Decatur, Georgia in August 2021 with plans to expand across the country. Quavo is also promoting the restaurant on social media with promotions like “Huncho Day.” During this day, customers can get a free meal if they show up wearing Huncho’s Chicken gear on specific days.
Quavo is not just an accomplished rapper but also a shrewd businessman with an eye on multiple industries. His ventures into fashion, esports, and food show that he’s always looking for new ways to expand his brand and showcase his creativity beyond music.
Quavo Net Worth
When it comes to celebrities, people are always curious about their net worth and sources of income. However, Quavo is no exception. Quavo net worth in 2023 is roughly $26 million.
Conclusion
Quavo net worth is approximately $26 million. He is one of the wealthiest rappers in the industry today. He started by forming Migos to launching his record label, Huncho Records. Quavo has continued to make waves in the music industry. He has also made investments in various business ventures that have significantly boosted his net worth.
