Chief Keef Net Worth
A net worth of $1 million has been estimated for Chief Keef, an American rapper and lyricist. In the hip-hop industry, Chief Keef has made an indisputable effect. He is widely credited with pioneering the “mumble rap” and “drill” sub-genres of rap music, among other things. “Sosa,” as he is referred to by his fans (in reference to a character from the film “Scarface”), Keef has dealt with a number of legal and financial issues throughout his career.
Chief Keef Early Life
Keith Farrelle Cozart was born on the 15th of August, 1995, in the city of Chicago. Keith grew up on the South Side of Chicago in an apartment building known as “O-Block,” where he was raised by his 16-year-old mother in a low-income neighbourhood.
Cozart became a member of the Black Disciples gang, which is prevalent in the Chicago neighbourhood where he grew up. Keith had already started writing his own raps and recording them on cassette tapes by the time he was five years old, thanks to his grandmother’s karaoke machine. He dropped out of high school when he was 15 years old.
Chief Keef Career
He first earned attention as a 16-year-old rapper with mixtapes such as “The Glory Road” and “Bang,” among others. As a result of a series of legal troubles, he was placed under house arrest, and he began uploading tunes to his YouTube channel.
One of these tracks was “I Don’t Like,” which went on to become a massive hit and was credited with establishing the new rap subgenre known as “Drill” in the process. It was through this song that Chief Keef was able to achieve even greater levels of celebrity after Kanye West remixed it with Jadakiss, Big Sean, and Pusha T.
Following this breakthrough, Chief Keef became a highly sought-after artist, with numerous record labels vying for his signature. He elected to sign a lucrative recording contract with Interscope Records, and his debut studio album, “Finally Rich,” was released shortly after. His song “Love Sosa,” which was released in 2012, was a tremendous smash. 2013 saw him collaborate with Kanye West on the track “Hold My Liquor.” He also released two mixtapes, “Almighty So” and “Almighty So II,” both of which received a mainly unfavourable reception from reviewers, but “Almighty So II” did feature the occasional hit, such as “Nice.”
He admitted the lack of quality in his most recent albums and blamed it on his drug addiction troubles, according to TMZ. Sosa was fired from Interscope in 2014, a decision that was roundly criticised by industry analysts. Keef, on the other hand, continued to independently release mixtapes such as “Back From The Dead 2,” and he also produced the majority of the tracks on this album.
A shooting incident that resulted in the deaths of Sosa’s associate Marvin Carr and a baby who was 13 months old prompted Chief Keef to speak out against gang violence by organising a free benefit concert in Marvin Carr’s honour. Due to outstanding warrants for Keef’s arrest, he was only able to perform at the concert through a hologram. Police, on the other hand, cut off the generator that was powering the hologram, fearing that the concert would incite further violence.
Chief Keef began releasing less and fewer mixtapes and tracks throughout the course of the following few years. In 2016, he even made the announcement that he would be retiring. In the meanwhile, he would continue to cooperate with a number of high-profile musicians, and in 2019, he announced that he will be releasing “Almighty So 2.” As part of his 2019 endeavours, he also produced the Lil Uzi Vert song “Chrome Heart Tags.”
Chief Keef Interscope Deal
Chief Keef signed a lucrative recording contract with Interscope Records in June of 2013. According to reports, the three-album agreement was worth more than $6 million (before taxes, managers fees, lawyers, and expenses). Chief received a $440,000 advance from Interscope, as well as $300,000 in recording expenditures, as part of the contract, in order for him to develop a commercial version of “Finally Rich.” In addition, he received a $180,000 advance for his record company, Glory Boyz Entertainment, as well as $200,000 to cover the costs of running the record label.
A clause in the agreement, however, stated that Interscope could terminate the agreement if “Finally Rich” failed to sell 250,000 copies by December 2013. Chief Keef was formally dropped by Interscope Records in mid-October 2014 after only 150,000 copies of his record were sold.
Chief Keef Legal Issues
Chief Keef was arrested and accused with heroin distribution and manufacturing when he was 16 years old. Chief Keef was given a low sentence and placed under house arrest because of his young age at the time of the incident. In the same year, the 16-year-old fled his home and pointed a revolver at multiple police officers, who raced after Chief Keef while shot at him and just missed him, according to police reports.
They eventually apprehended him and removed the weapon from his possession. In addition to assaulting a police officer with a firearm, he was also charged with unlawful use of a weapon. He was sentenced to house arrest for the second time.
One of Chief Keef’s Englewood competitors, who used by the stage name “Lil’ JoJo,” was assassinated the next year, according to police.
The 17-year-old Chief Keef was charged with hiring an assassin to kill him. As a result of this, Chief Keef was examined, and it was determined that he had been breaking his parole by attending a shooting range and discharging a firearm while on the run. In the end, he was sentenced to two months in juvenile jail in 2013, which he completed.
Additionally, in 2013, Chief Keef was sued for $75,000 by a promotion business for failing to appear for a scheduled event in London, England. As a result, Keef chose to disregard the complaint, and a judge ultimately ordered him to pay $230,000 in damages to the promotion business.
Throughout the rest of the year, he was arrested for marijuana possession in public, speeding, and violating his probation and parole. After that, Keef was sued for missing further shows, and he was arrested for marijuana possession in public, driving while under the influence of alcohol, and allegedly robbing an independent producer by the name of Ramsay Tha Great, among other things.
Chief Keef has struggled in court with a number of different child support demands. A DNA test was required in some circumstances to determine whether or not he was the biological father of his three children during the course of his life.
It is believed that he failed to appear in court as a result of child support claims in at least one instance, leading to the issuance of an arrest order. In an apparent attempt to advertise his new album and record label, he supposedly called one of his sons “FilmOn Dot Com.” This sparked yet another round of criticism.
Chief Keef Property
The Chief has been evicted from a number of rental residences during the course of his professional life. According to reports, he was renting a home in Highland Park, Los Angeles, for a reported $11,000 a month in the year 2014. Chief Keef was reportedly overdue on his rent that year, owing more than $30,000 in arrears rent for the 5,600-square-foot house where he was living at the time.
Concerns were also raised by the reported usage of firearms in the backyard and the large number of people who were expected to arrive and depart on a daily basis on Chief Keef’s home, according to the neighbours. Eventually, he was forced to vacate the premises.
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