Chief Keef Net Worth 2022: How Much Money Does Keef Make A Year?
Chief Keef Net Worth: Chief Keef is the stage name of Keith Kozart, an American rapper, record producer, and mixtape maker. While still a teenager, Keef became well-known among the high school students in the area. He was an angry individual who constantly invited conflict with the law and other children.
But his musical ability made him a sought-after commodity among record labels, who signed him when he was still a teenager. Keef first signed a contract with Interscope Records but shortly changed to 1017 Brick Squad.
Glory Boyz Entertainment, which Keef later founded as his own record company and later renamed Glo Gang, was Keef’s first venture. With the help of chart-topping hits like “I Don’t Like” and “Love Sosa,” Keef’s debut album, titled Finally Rich, was released in late 2012.
He continued to mistreat the law notwithstanding his prosperity. Chief Keef released his mixtapes on the Glo Gang label, where he continued to make money. His legal issues have continuously hurt his profession, and he claims that they are seriously affecting his career as a musician. Although Keef intended for Bang 3 to be his follow-up album, he instead released Nobody in 2014.
Chief Keef Early Life
Chief Keef was born Keith Kozart in Chicago on 15th August 1995 in a financially unstable family. His mother conceived him when she was 16 and the information regarding his father is still not known. His grandmother became his legal guardian and named him after his deceased uncle.
Keef spent the early days of his childhood in a black neighborhood on the city’s South side. He has said that rap music has had a great influence on him all his life he started rapping at the tender age of 5, and by the time he was in school, he already had a very decent fan base consisting of high school kids from his area.
To create music and mixtapes, he used his mother’s Karaoke machine and blank tapes which he borrowed from his friends and neighbors. Chief Keef was known to be a very smart kid and consistently scored good marks.
He attended Dulles Elementary school when he started and went on to attend a therapeutic day school and Dyett High School. Eventually, he got bored with school and dropped out at the age of 15 to pursue a full-time career in rapping and music.
Chief Keef’s Personal Life
At the age of 16, Chief Keef had a child with his then-girlfriend, with whom he had previously broken up. Later, he had two more children, and several women continued to come forward and claim he was the father of their kids.
Keef ignored the court records, which put him in more difficulties. Through his record company Glory Boyz Entertainment, Keef has introduced three of his cousins and is always prepared for his family. You may also check our trending articles like Kevin Bacon and Eve Jobs.
However, Keef was shocked to learn that his cousin Mario Hess’s death was related to the family’s criminal background. Keef, who is currently residing in Los Angeles, claims that the city’s best feature is its silence, which contrasts with New York City’s pandemonium.
During his adolescence, Keef was detained numerous times. He was placed under house arrest in 2011 after being found in possession of heroin. He was later detained for shooting a rapper friend. In addition, there are several parole violations, drug use, and marijuana use, among other things. He is renowned for being the epitome of gangsta rap.
Chief Keef Career
When Chief Keef made his mixtapes public in 2011, the neighborhood kids and his classmates took notice right away. He was placed under house arrest at the same time due to allegations that he had illegal weaponry, yet he continued to upload films to his YouTube channel.
His videos received a tremendous amount of attention because he was already a minor star among the locals. Two months into Keef’s house detention, WorldStarHipHop finally uploaded a video on their YouTube channel showing a young youngster laughing uncontrollably upon Keef’s release.
It demonstrated his rising popularity and the fact that he was also becoming well-known in professional circuits. Keef’s song I don’t Like gained a lot of traction in Chicago’s nightclub circuits, which helped him catch Kanye West’s attention and launch his career.
I Don’t Like was so beloved by Kanye West that he chose to remix it himself with the help of well-known rappers Pusha T and Big Sean. In the summer of 2012, Keef rose to the top of record labels’ want lists. Chief Keef insisted on waiting when Young Jeezy wanted to sign him to his record company CTE World.
The 2012 test was quite typical when it came to music. In December 2012, Keef released his first studio album, Finally Rich, which included songs written in collaboration with well-known artists including 50 Cent, Wiz Khalifa, and Rick Ross.
In January 2013, Keef ultimately agreed to a deal with Interscope Records that included the creation of his own fantasy record company, Glory Boyz Entertainment, as well as a three-album contract. Gucci Mane said that Chief Keef would join 1017 Brick Squad Records in the middle of 2013.
He appeared on the song Hold my Liquor from Kanye West’s album Yeezus in the middle of 2013, and both Kanye and the media applauded him highly for his performance. In August 2013, Keef released his mixtape Bang pt.2, to mixed reviews.
He began composing his third studio album towards the end of the year, along with a biopic. In cooperation with his cousin Mario Hess, he released the song “Fuck Rehab” from his upcoming album Bang 3, along with the accompanying music video a few days later.
A few weeks later, Mario passed away, and Keef dedicated the song to him. At this point, Keef declared that going forward, he will make all of his music. Keef kept himself occupied in the interim by releasing Back from the Dead, one of his most well-liked mixtapes.
He followed that up a while later with Big Gucci Sosa and Back from the Dead 2, which was fairly successful and was eventually made available for digital download. He garnered praise for producing the majority of the songs in Back from the Dead 2. While the release of his Bang 3 was postponed, Keef released another album in November 2014 called Nobody.
This album included a single from Kanye West and received high accolades from both reviewers and listeners. Following the release of his subsequent mixtape, Sorry 4 the Weight, in early 2015, Chief Keef revealed The Cozart will be his upcoming studio album.
Keef secured a deal with FilmON Music in the middle of 2015. He then used the remaining time to perform live and work with other hip-hop artists. When Keef revealed that he was retiring from rapping in March 2016, his followers had the shock of their lives.
He continued to be fairly active after the revelation, making an appearance in MGK’s song Young Man later that year and releasing a mixtape titled Two Zero One Seven in early 2017.
A decade of “Love Sosa” by Chief Keef 🗣️ pic.twitter.com/r8GuhIjV9l
— XXL Magazine (@XXL) October 18, 2022
Chief Keef and Interscope Records agreed to a lucrative contract in June 2013. According to reports, the three-album contract was worth more than $6 million (before taxes, managers’ fees, lawyers, and expenses).
By the terms of the agreement, Interscope gave Chief a $440,000 advance and an additional $300,000 to cover the costs of recording “Finally Rich” for a commercial release. Additionally, he received a $200,000 advance to pay record label overhead costs as well as a $180,000 advance for his record company, Glory Boyz Entertainment.
There was also a clause that gave Interscope the right to renegotiate the agreement if “Finally Rich” failed to sell 250,000 copies by December 2013. Only 150,000 copies of the album were sold, and Interscope officially dropped Chief Keef in mid-October 2014.
Chief Keef’s Net Worth
An American rapper named Chief Keef has a $1 million fortune. Chief Keef has had an unmistakable influence on the hip-hop community. He is widely credited with developing the “mumble rap” and “drill” rap music subgenres. Throughout his career, Keef, also known as “Sosa” (after a character from the movie “Scarface”), has dealt with a variety of legal and financial problems.
Given the controversy that surrounding the star’s career immediately after it began, it is difficult to estimate how much he makes in pay. For instance, Keef didn’t have a particularly busy year in 2015, but according to court documents and records of his defense, he makes roughly $200k annually.
Throughout his career, Chief Keef has been kicked out of several rental homes. He reportedly paid $11,000 a month to rent a house in Highland Park, Los Angeles, in 2014. For the 5,600-square-foot mansion at the time, Chief Keef reportedly owed more than $30,000 in back rent that year.
A large number of visitors Chief Keef had on the property, who came and went every day, and the alleged usage of firearms in the backyard by Chief Keef also caused neighbors to express their concern. He eventually lost his home.
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