Facts of Chief Keef Networth
|Full Name||Chief Keef|
|Birth Name||Keith Farrelle Cozart|
|Other Name||Chief Sosa,Almighty Sosa|
|Profession||Singer/songwriter, Rapper, Record Producer|
|Birth City||Chicago, Illinois|
|Father Name||Alfonso Cozart|
|Mother Name||Lolita Carter|
|No Of Children||4|
|Education||Dulles Elementary School, Banner School|
|Date of Birth||August 15,1995|
Chief Keef is an American rapper and record producer who, over the years, has been known as much for his music as he has for his questionable antics.
His body of work consists of four studio albums and numerous other mixtapes. His singles "Love Sosa", and "I Don't Like" were major radio staples, the latter of which was even remixed and charted at the Billboard Rap Top 20.
A native of Chicago, the rapper has had a troubled career, to say the least. He was a known felon and had been incarcerated multiple times for drug possession, and a litany of other offenses. He has also fathered four children that he knows of, all born out of wedlock and all with different women.
His past came back to haunt him when he was arrested by the Border Patrol on March 14, 2020, while attempting to flee to Mexico.
Nonetheless, despite the many hurdles Keef has faced in his life, his net worth as of March 2020 still remains an impressive $1 million.
How Did Chief Keef Make His $1 Million Net Worth?
Chief Keef is a rapper who was especially popular in the early to mid-2010s. His music was, at one point, all the rage in the world, so much so, that the like of Kanye West remixed his single "I Don't Like", which managed to chart at the Billboard Rap Top 20.
To date, Chief Keef has released four studio albums with a litany of mixtapes to his name.
Record Deal With Interscope Records
In June 2013, Keef signed a historic deal with the record label, Interscope Records that covered three albums, and when was all said and done would be worth close to $6 million, including taxes. To set the ball rolling, Interscope paid Keef $440,000 in advance and an additional $300,000 for producing a commercial version for what would be his debut studio album, "Finally Rich."
Additionally, Keef was also paid out of his contract with his previous label, Glory Boyz Entertainment, for $180,000 advance and an additional $200,000 to cover the overhead expenses.
The contract had a stipulation that stated that if the album didn't sell 250,000 copies by December 2013, Interscope would be allowed to drop Keef's contract. When the album underperformed and only moved 150,000 buys, Interscope terminated its relationship with Keef in October 2014.
Dispute With FilmOn Record Label
Chief Keef had an acrimonious relationship with his record label, FilmOn. With a history of questionable behavior and legal drama, FilmOn sought to distance itself from the hot-headed rapper by suspending him for "poor decision-making".
The CEO of the record label, Alki David, said of the decision in an interview,
"[We are] not happy with the direction [his management] are taking him. Same s**t over and over. Limiting his appeal to a wider audience and I'm not saying he should sell out, just be more prolific."
FilmOn reportedly lost close to a million dollars due to Keef and his management team going ahead and releasing two unauthorized projects, namely, the mixtapes Finally Rollin 2 and Nobody 2.
Having had their hands forced, FilmOn filed a multi-million dollar lawsuit against the rapper's management team. The official statement of the lawsuit reads:
"Since May 2015, Chief Keef has breached the Agreement by arbitrarily and capriciously recording, writing, selling merchandise and performing outside of the Agreement."
Despite all attempts to exempt Keef from any financial damage, the proverbial straw that broke the camel's back was the decision from Keef and his management team to go ahead with a concert without the knowledge -- let alone the green light -- from the label.
Keef, himself, was not named in the lawsuit as the record label CEO doesn't believe in suing talent, and Alki believes that his management was tugging keef's strings. In a further statement, Alki said:
"We believe Keef has once again mislead by his management… We have filed a lawsuit against his management company plus all the vendors and producers who have knowingly interfered with his 360 Recording Contract with FilmOn Music."
Eviction And Unpaid Child Support Payments
Besides record label disputes, Keef also faced additional legal problems due to his mercurial nature. He was evicted from his apartment in Highland Park in June 2014 after failing to pay his accumulated rent of $11.000.
He was also sued by the Cook County, Illinois court for failure to pay pending child support payments. He had fathered four children, all born out of wedlock and given his lifestyle, his marital status is not expected to change anytime soon.
Chief Keef: Short Biography
Childhood And Early Life
Chief Keef was born Keith Farrelle Cozart on August 15, 1995, in Chicago, Illinois. He was born out of wedlock to a sixteen-year-old girl, Lolita Carter and Alfonso Cozart.
He was already rocking the karaoke machine at age 5 and recording tapes. He also spent time at Dyett High School before dropping out.
Destined to follow in his parents' footsteps, Keef became a father when he was 16. His daughter, Kayden Kash Cozart, was born out of wedlock, and the mother remains unnamed.
Unbeknownst to him until November 2013, Keef had also fathered another daughter. Nearly a year later, in September 2014, he announced the birth of a third child, this time a boy that he named Krüe Karter Cozart.
In August 2015, he announced the birth of his fourth child, a son controversially named Sno "FilmOn Dot Com." The name came from his record label, FilmOn, and was believed to be a publicity stunt to promote his Bang 3. The name has since been redacted by FilmOn.
Chief Keef came from a broken home in a bad neighborhood of Illinois. He was born to a 16-year-old girl out of wedlock with the father nowhere in sight. Destined to follow in his parents' footsteps, Keef became embroiled in the local gang, Black Disciples.
His list of criminal offenses includes drug consumption and distribution, possession of firearms, parole violation, evasion of child support payment, and a litany of others.
His offenses caught up to him when he was arrested on March 14, 2020, in Mexico by the Border Patrol.