Elliot Grainge net worth. The answer to that question keeps changing here's the latest, most up-to-date breakdown. He also founded a successful music video service called VEVO. In 2019, the company is at a valuation of $50 billion. Grainge earns an annual salary of over $10 million as the chairman and Chief executive officer of Universal Music Group Grainge has a net worth of $50 million in 2021 as the chairman and Chief executive officer of Universal Music Group. Sir Lucian Charles Grainge CBE (born 29 February 1960) is the chairman and chief executive officer of Universal Music Group. Find Biography, Wiki, Age, Family, Salary and Net Worth detailed information as well as Songs, Tv Shows, Movies, Films and Lyrics. While Elliot Grainge grew up in the U.K., he later relocated to Calif. Elliot Grainge has a net worth of $10 million dollars. Lionel Richie Net Worth. Former chairman/CEO of Universal Music International Lucian Grainge was promoted to CEO of the company. Lucian Grainge Net Worth & Career. He previously served as chairman and CEO of the Universal Music Group from 1995 to 2011 and Sony Music Entertainment from 2011 to 2017. As of 2022, Elliot Grainge has an approximated net worth of $10 million. The 67-year old American music executive Barry Weiss has a net worth of $10 million in 2018. Hes also the son of Lucian Grainge, the chairman and CEO of Universal Music Group. The rest, which is estimated to be around $270 million, comes from According to Exact Net Worth, Grainge is estimated to have a net worth of $10 million dollars. He currently resides in New York, United States. Find Biography, Wiki, Age, Family, Salary and Net Worth detailed information as well as Songs, Tv Shows, Movies, Films and Lyrics. Visit PayScale to research Universal Music Group salaries, bonuses, reviews, benefits, and more! She earns her paycheck being one in all many sensational music producers and chairman of Universal music report. Posted on May 4, 2022 - By bignoah256. Lucian Grainge is a British entrepreneur who is the chairman and CEO of Universal Music Group. 9/20/2021 by Glenn Peoples. Lucian Grainge is the Chairman and CEO of Universal Music Group. Like his father, Lucian Grainge, the chairman and CEO of Universal Music Group, he works in the music industry. Last Updated: May 2022. Jody Gerson Net Worth: A Look At Her Annual Salary 2022. Occupation. This was the latter. She earned her net worth as the President Sylvia Rhone was hired to become the Chairman and Chief Executive Officer of the Elektra Entertainment Group by Warner Music Group chairman Doug Morris. Music executive. Warner Music Group share prices would hit an all-time high after UMG went public. Grainge's net worth in the year 2022 will be discussed in detail in the following section. The Decca Record Co. Ltd. of England spun American Decca off in 1939. Universal Music Groups corporate headquarters are located in Hilversum, Netherlands and its operational headquarters are located in Santa Monica, California, USA. 2022/01/15. $140 per post at $7/CPM. Sir Lucian Grainge, Chairman and CEO, Universal Music Group Vivendis suggestion that Universal Music Group could be worth more than $40bn was met with some doubt by industry observers a couple of years ago, and understandably so: UMGs EBITA profit in the calendar year of 2017 was a comparatively minor 761m ($860m). Jimmy Iovine is an American music producer and entrepreneur who has a net worth of $1 billion. He has worked with legendary musicians such as Amy Whinehouse, ABBA, The Rolling Stones, Lady Gaga, Jamie Cullum, and Sting. Salary: N/A. Elliot Grainge is a music executive from the United States. She never recovered, however. His father is the famous businessman and CEO of Universal Music Group, Lucian Grainge. He is believed to be worth $10 million by Exact Net Worth. Lucian Grainge Salary. When Grainge began dating Sofia, 23, at the age of 23, he was an unknown figure in the public eye. In total, $1.4 billion of Rihanna's net worth comes from owning Fenty. > Net worth in 2020: $2.9 billion > Net worth in 2019: $2.8 billion The founder, chief investment officer, and CEO of New York City-based Third Point is There are bullish valuations, and then there are bull-in-a-china-shop valuations. Lucian Grainge, his father, is well-known in the music world. He kept it until 2010. Nija Charles Net Worth And Salary After approving a publishing deal with Universal Music Publishing Group, Charles opted to leave Clive Davis Institute of Recorded Music in 2017. According to Distractify, Grainge has an estimated net worth of $5million. Lucian Grainge is the Chairman and CEO of Universal Music Group. Doug Morris (born November 23, 1938) is famous for being entrepreneur. The average salary for Universal Music Group employees is $71,018 per year. Steven William Victor, born on September 6, 1980, is a Haitian-American record executive, music publisher, artist manager, and A&R representative. However, Elliot Grainges mother, Samantha Berg, went into a coma after giving birth to him. Lucian Grainges net worth is believed to be at 55 million dollars. Factoring based upon WMGs closing price today, $48.15, the 189,856 shares that CEO Stephen Cooper obtained in early 2021 would be worth $9.14 million.) Grainge was included on the Forbes 30 under 30 list in 2021. The average salary for Universal Music Group employees is $71,018 per year. Throughout the 2010s, Billboard magazine recognised the 62-year-old from North London as the most powerful person in the music industry four times. Net worth: $10 million. Grainge was included on the Forbes 30 under 30 list in 2021. Doug Morris Age. Elliot Grainge owns the independent record label, 10K Projects. MCA Inc. merged with American Decca in 1962. The MBW Review is supported by FUGA. His fathers name is Lucian Grainge, who is the CEO of Universal Music Group in the United States, where his son Elliot went to Northeastern University in Boston. Founded 1924. During his tenure, Universal Music Group cemented its position as the world's number-one record company with more than 30% of all Music executive. ( 1960-02-29) 29 February 1960 (age 62) London, England, United Kingdom. In the earlier years of his career, Barry amassed his net worth as the CEO of Universal Music Group. Elliot Grainge was born on 6th November 1993 and brought up in London, England, and later moved to the United States back in 2009 along with his father. Lucian Grainge, his father, is well-known in the music world. Net Worth: Doug Morris Net Worth: $ 100 Million. Kareem Biggs, also known as K. B. Burke or simply as Biggs, is an American film producer and businessman, who has estimated net worth as high as $10 million for. Steven Victor, the founder, and CEO of Victor Victor Worldwide, COO of GOOD Music, and SVP of A&R at Universal Music Group, formerly served as EVP of A&R at Def Jam Recordings. Like his father, Lucian Grainge, chairman and CEO of Universal Music Group, he works in the music industry. Grainge earns an annual salary of over $10 million as the chairman and Chief executive officer of Universal Music Group Like his father, Lucian Grainge, chairman and CEO of Universal Music Group, he works in the music industry. MA HUATENG, TENCENT. Elliot Grainge net worth. Elliot Grainge Net Worth Elliot has established his own company and works independently of his father. Billboard magazine ranked Grainge the most powerful person in the music industry four times in the 2010s, and he was the inaugural Executive of the Decade for the first time. He is widely known as the son of the CEO of Universal Music Group named Lucian Grainge. Elliot has worked independently from his father and established his own company. Elliot is 27 years old, having been born in 1993. Universal Music Group, Abu Dhabi Media, Alphabet Inc, and Sony Music are the majority owners of the company, and Warner Music Group is the minority owner. On 1 st of January 2011, he was officially appointed the CEO of Universal Music Group. Jimmy Iovine is an American music producer and entrepreneur who has a net worth of $1 billion. Elliot is incredibly successful in his own right, but he is also the son of Universal Music Group chairman and CEO Lucian Grainge, who has a staggering estimated net worth of over $50 million in 2022. Prior to dating Sofia, 23, Grainge was not a publicly known person. Universal Music Group NV (OTCPK:UMGNF) Q4 2021 Earnings Conference Call March 02, 2022, 12:15 ET Company Participants Lucian Grainge - Chairman & CEO Boyd Muir - Elliot is a huge success in his own right, but he is also the son of Lucian Grainge, the chairman and CEO of Universal Music Group, who is predicted to have a net worth of more than $50 million in 2022. Many of us knew if Universal Music Groups CEO Sir Lucian Grainge had any say, he would do whatever it takes to keep Drake in the family, especially with UMG planning to go public soon. 0 348. Edward Norton. Steven Victor Net Worth. Since his departure from the company, he has started his own company named RECORDS in partnership with SONGS Music Publishing. Childhood of Elliot Grainge. Evolution. Doug Morris Age. The answer to that question keeps changing here's the latest, most up-to-date breakdown. Thats more than the estimated combined 2019 streams, sales and downloads of all the songwriters in the UK. He also owns 10k projects, an independent record label in Los Angeles, and his mothers name is Caroline Grainge. In 2021, Lucian Grainge, Elliot Grainges father, was estimated to have a net worth of $50 million. Chairman and CEO of Universal Music Group, has a son named Elliot. Sylvia Rhone is an American music industry executive who has an estimated net worth of $20 million. Estimated Net Worth in 2022 (Approx) $10 Million: Elliot Grainge Early Life. Elliot Grainge /Source/Variety.com. What information is accessible about the music executive's Elliot Grainge, as the son of Universal Music Group chairman and CEO Lucian Grainge, has always had a great passion and appreciation for the music industry. Lucian Charles Grainge, CBE, (born 29 February 1960) is the chairman and chief executive officer of Universal Music Group. and CEO of the Universal Music Group from 1995 to 2011 and Sony Music Entertainment . He is best known as the CEO and founder of 10K projects. Full Name: Lucian Charles Grainge: Net Worth: $10 Million: Date Of Birth: 1960-02-29: Place Of Birth: London, England: Occupation: Chairman & chief executive officer, Universal Music Group Vivendi said Wednesday that Universal Music Group will get a new chief executive this year. Ten percent of Universal Music Group was acquired by Tencent in March 2020 for US$3 billion.nUniversal Music Group.nUMGs headquarters in Santa Monica, Californian. He was subsequently appointed Deputy Chairman, and then, in 2001, Chairman and Chief Executive Officer of Universal Music UK. He is well known for founding the independent record label 10K Projects in 2016. Elliot Grainge is an English music producer and entrepreneur. While Elliot Grainge grew up in the U.K., he later relocated to Calif. Elliot has worked separately from his father and founded his own business. Market Cap $46.2B. Universal Music Group. Since it formally announced plans to sell up to 50% of UMG in 2018, Vivendi has made no secret of its plans to take advantage of musics resurgent strength on Wall Street in Net Worth: Doug Morris Net Worth: $ 100 Million. Universal Music Group N.V. stepped down from his position as CEO on January 1, 2011. Businessman, record executive. It was important to find a place on this list for the boss of a Country/Territory Netherlands. Universal Music Group may also be known as or be related to Decca Records (USA business) (19341971) MCA Records (19711989) MCA Music Entertainment Group (19891996), UNIVERSAL MUSIC GROUP, Umg Commercial Services, Universal Music $200 per post at $10/CPM. Welcome to Celebrity Net Worth website where you will find latest net worth and annual salary of 10,000+ celebrities and details about their personal life, height, weight, and lots more. VIVENDI CEO ARNAUD DE PUYFONTAINE denies that its UNIVERSAL MUSIC GROUP unit is for sale, and the company is planning "billions worth of acquisitions." Minimal financial leverage (<1x Net Debt / EBITDA) UMG will be the only uncontrolled, pure-play major music content company UMG will have an independent, high quality board of directors Elliots father, was the CEO and Chairman of Universal Music Group. Can't win 'em all. Exactly who owns Universal Music Group? A $65 million will push Universal Music Group CEO Lucian Granges 2021 income up to $201 million. In 2019, the company is at a valuation of $50 billion. He is estimated to be worth $10 million by Exact Net Worth. He was born on November 6, 1993. from 2011 to 2017. Bag Secured: Drake Signs Massive Deal With Universal Music Group Reportedly Worth $400M. This time, look at the surprising, out-of-the-blue valuation of Universal Music Group at over $40bn backed up by Vivendis CEO. Elliot is 27 years old, having been born in 1993. He works in the music industry in a similar capacity to his father, Lucian Grainge, who is the chairman and chief executive officer of Universal Music Group. Universal Music Groups Chairman and Chief Executive Officer is him. With more than 1.813 billion shares outstanding, the music powerhouse would at that price have a market valuation of about 33.5 billion euros ($39.3 billion). He is well-known as a founder of the 10k Project. This article will talk about his personal and professional life and how his name came into the spotlight in recent months. Stock quotes by finanzen.net; The SRG/ILS Group completes Its Partnership With The Universal Music Group. After the IPO, the ownership of Universal Music Group has dramatically changed. Vivendi SE currently owns a 10% share, Tencent Holdings Ltd. owns 20%, and Pershing Square Holdings holds another 10%. Read More . His father, Lucian Grainge, on the other hand, is reported to be worth roughly $55 million. Big Hit Entertainment and Universal Music Group are joining forces to launch a new global boy group! His father is a is the chairman and CEO of Universal Music Group. Elliot was born under the sign of Scorpio, which means he is a born leader. Grainges net worth is estimated to be $5 million as of 2022. Some of these include: Music Industry Trusts Award, Humanitarian Award and Presidents Merit Award (Icon Award) among others. The net worth of the company is computed to be US$ 760 million. Devraj Sanyal (born 21 March 1975) is an Indian businessman and musician. Elliot Grainge has a net worth of $10 million dollars. Produced in Alabama,. Talking about his parents, he was taken to Lucian Grainge, the chairman and CEO of Universal Music Group. Welcome to Celebrity Net Worth website where you will find latest net worth and annual salary of 10,000+ celebrities and details about their personal life, height, weight, and lots more. In other words, Elliot Grainge is 28 years old. Sofia, who is the youngest daughter [] Universal Music Group employs 1,046 employees. He has established himself a record label, 10K Projects, due to his immense interest in music. Net Worth in 2022: $55 million. As of 2022, Doug Morriss net worth is $100,000 - $1M. Universal's take of Geiger's "conservatively" projected industry total of $74 billion a decade from now, based on the label's 40% market share, comes in just shy of $30 billion. Lucian Grainge is the Chairman and CEO of Universal Music Awards. and CEO of the Universal Music Group from 1995 to 2011 and Sony Music Entertainment . The richest person in the music industry is this British entrepreneur. 28 years old, Elliot Grainge was born on November 6, 1993. Elliot Grainges net worth is expected to be around $5 million in 2021. His father, Lucian Grainge, on the other hand, is reported to be worth roughly $55 million. The chairman of the music report agency, Jodys web worth, is estimated at 11 million US { {dollars}}. Lucian Charles Grainge. He currently serves as Chairman and CEO of Universal Music Group (UMG). Exactly who owns Universal Music Group? With offices in more than 60 territories, Universal Music Group N.V. (Universal Music Group or UMG) is the world leader in music-based entertainment. On January 1, 2011, he succeeded Doug Morris as CEO of Universal Music Group. The star in the music business Lionel Richie net worth has an approximation of 200 million dollars. Elliot Grainge is a British-American music producer and entrepreneur. Lucian is doing well in his career and has attracted many awards and nominations. The company has seen a rise in its net worth which was at $22 billion in 2017 since Lucian took over leadership. Lucian Grainge will become CEO, replacing Doug Morris who will remain the company's chairman. A. from 2011 to 2017. The biggest music company in the world, it is one of the Big Three record labels, along with Sony Music and Warner Music Group. International Artist & Asset Management. The amount combines all her belongings, wage, and shares. Republic Records is owned by Universal Music Group. His mother died in 2007. Elliot has recently gained attention after being photographed with Sofia Richie. In November 2012, Steve Barnett was appointed chairman and CEO of Capitol Music Group. David Joseph is Chairman and CEO of Universal Music UK and Ireland, overseeing all divisions of the company in those countries including the labels Capitol, Decca, Island, Polydor and Virgin EMI alongside the worlds most famous recording studios, Abbey Road. That's 340% greater than the $6.7 billion in revenue Universal reported for 2013. Entertainment Industry Specialist. Read More . Childhood of Elliot Grainge. Full Name Elliot Grainge Date of Birth 1993 Age [] Net worth: $10 million. JPMorgan said that UMG could be worth as much as $40 billion and then increased the valuation to $50 billion in 2019. He previously served as chairman and CEO of the Universal Music Group from 1995 to 2011 and Sony Music Entertainment from 2011 to 2017. Get Contact Info for Since 2011 he has been the Managing Director & Chief Executive Officer of Universal Music Group & EMI Music, India & South Asia, based in the company headquarters in Mumbai.He is also the Managing Director of the group's Publishing business "Universal Music Publishing Group" for the same He is the chairperson and chief executive officer of Universal Music Group, a global music corporation that is owned by French media conglomerate Vivendi and the Chinese technology company Tencent.Grainge has a net worth of $55 million and this represents his He is also well known as the boyfriend of Sofia Richie. Kareem Biggs Net Worth. Elliot Grainge was born in 1994 in London, the United Kingdom; he is 28 years old. South Africa & Zimbabwe. Industry Business Services & Supplies. In 2002, Grainge was appointed chairman of Universal Music Group UK, and in 2005, he was appointed chairman of Universal Music Group International. The Universal Music Group management team includes Aldin Jackson (Founder), Mat Vlasic (Ceo, Bravado), and Richelle Parham (President, Global Ecommerce and Business Development) . Universal Music Group CEO Lucian Grainge earned $59 million in 2020, CFO and president of operations Boyd Muir also got a bonus for his role in that deal worth 3.3 million euros ($3.9 million). lucian Grainges Net Worth. As Universal Music Group prepares to go public on Tuesday, details about its top executives' compensation have gone public, too. YOU HAVE 20,000 FOLLOWERS: $100 per post at a $5/CPM. Elliot Grainge was born on November 6, 1993, making him 28 years old. Source: closer weekly. Elliot Grainge Education. Profession: Entrepreneur. PRESS RELEASE PR Newswire . Jul 2010 - Sep 20111 year 3 months. He works in the music industry similar to his father, Lucian Grainge, the chairman and CEO of Universal Music Group. The company's origins go back to the formation of the American branch of Decca Records in September 1934 and its name and company logo originates from Carl Laemmle's "Universal Pictures", with which the music business shares a common history but which is today as part of NBCUniversal an independent commercial entity. Republic Records is owned by Universal Music Group. Lucian Grainge is a British investor who has spent his entire career life in the music business.