Lil Migo Net Worth (Updated 2025).
Lil Migo, born Kenneth Pannell Jr., emerged from the vibrant Memphis rap scene, carving his path with a gritty, authentic sound. He first gained traction in 2018 with his breakout single “Boss Shit,” which showcased his raw lyricism and streetwise storytelling. The track’s local success caught the attention of Yo Gotti, who signed him to CMG (Collective Music Group), providing the platform he needed to reach a wider audience. Migo’s relentless work ethic and collaborations with established artists like Moneybagg Yo and EST Gee further solidified his reputation as a rising star.
His momentum continued with projects like *King of the Trap 2* and *No Pain*, where he refined his signature blend of trap beats and unflinching honesty about his upbringing. Tracks like “Biggest Dope Boy” and “Pissy” became anthems, resonating with fans who connected with his unfiltered perspective. Migo’s rise wasn’t just about music—his authenticity and loyalty to his roots earned him respect in an industry often dominated by trends. By staying true to his sound and grinding independently before aligning with CMG, he proved that talent and perseverance could turn local buzz into national recognition.
Lil Migo’s Net Worth in 2025
As of 2025, Lil Migo’s estimated net worth is around $1.5 million. His wealth primarily stems from his music career, including album sales, streaming revenue, and live performances. Endorsements and collaborations have also contributed to his financial growth. While exact figures fluctuate, his consistent output and industry presence suggest steady earnings.
Lil Migo’s Career
Lil Migo rose to prominence as a rapper from Memphis, Tennessee, gaining traction with his raw lyricism and street-inspired sound. Signed to Yo Gotti’s CMG label, he released successful projects like “King of the Trap” and collaborated with major artists. His relentless work ethic and authentic style have solidified his place in the hip-hop scene, earning him a dedicated fanbase.
Lil Migo’s Other Ventures
Beyond music, Lil Migo has explored entrepreneurial opportunities, including merchandise sales and brand partnerships. He’s also shown interest in investing, though specifics remain private. Like many artists, he leverages his platform to diversify income streams, ensuring long-term stability outside of recording and touring.
Lil Migo’s Assets
Lil Migo owns a collection of luxury cars and jewelry, reflecting his success. While details about real estate are scarce, he’s hinted at property investments. His flashy lifestyle, often showcased on social media, highlights his affinity for high-end fashion and accessories.
Lil Migo’s Annual Income
Lil Migo earns an estimated $300,000 to $500,000 annually from music, shows, and endorsements. Touring and features significantly boost his income, while streaming and merch sales provide steady passive revenue. His earnings reflect his growing influence in the industry.
Frequently Asked Questions about Lil Migo
What is Lil Migo’s net worth in 2024?
As of 2024, Lil Migo’s estimated net worth is around $1 million. His earnings come from music sales, streaming revenue, live performances, and brand endorsements.
How did Lil Migo make his money?
Lil Migo earned his wealth primarily through his music career, including album sales, streaming royalties, concert tours, and collaborations with other artists. He also benefits from merchandise sales and brand partnerships.
What are Lil Migo’s most popular songs?
Some of Lil Migo’s most popular tracks include “No Statements,” “Racks Stuffed,” and “Big Stepper.” These songs have contributed significantly to his fame and income.
Is Lil Migo signed to a record label?
Yes, Lil Migo is signed to Quality Control Music, a prominent label that has helped boost his career and financial success.
Does Lil Migo have any other business ventures?
While primarily known for music, Lil Migo has explored other income streams, such as merchandise sales and potential investments, though details about his business ventures are limited.
How much does Lil Migo earn from streaming?
Exact figures vary, but artists typically earn between $0.003 and $0.005 per stream. With millions of streams, this contributes a significant portion of Lil Migo’s income.
Has Lil Migo won any awards?
As of now, Lil Migo has not won any major awards, but his growing popularity suggests he may receive recognition in the future.
What is Lil Migo’s real name?
Lil Migo’s real name is Kenneth Parchman Jr.
Where is Lil Migo from?
Lil Migo hails from Memphis, Tennessee, a city known for its rich hip-hop culture.
How old is Lil Migo?
Lil Migo was born on May 18, 1996, making him 28 years old as of 2024.