Elliot Grainge Net Worth
Elliot Grainge’s father has built an impressive fortune as a top executive at Universal Music Group (UMG), with an estimated net worth of $250 million, according to Celebrity Net Worth. Inspired by his father, Elliot Grainge has also succeeded in the music industry, with a reported net worth of around $10 million.
Elliot’s fiancée, Sofia Richie, also has a notable fortune of approximately $8 million, according to Celebrity Net Worth. Her father, Lionel Richie, is also very wealthy, with an estimated net worth of about $200 million. Together, Elliot and Sofia make a high-powered couple with impressive family fortunes.
Personal Background
Elliot Cecil Grainge, born on November 6, 1993, is a British music industry professional and the CEO of 10K Projects, a record label he launched in 2016. Under his leadership, 10K Projects has signed popular artists like Trippie Redd, 6ix9ine, Iann Dior, and Ice Spice. Elliot is also the son of well-known music executive Lucian Grainge and is married to model and social media personality Sofia Richie.
Background and Family
Elliot Cecil Grainge, born on November 6, 1993, in the UK, grew up surrounded by music. His father, Lucian Grainge, is the CEO of Universal Music Group, so Elliot was introduced to the music industry early on. Raised in a Jewish family, he gained valuable insights into the business. In 2009, he moved to the United States, paving the way for his career.
Education and First Business Ventures
Elliot studied at Northeastern University in Boston. While a student, he ran a bottle service club promotion company, organizing events for hip-hop and dance venues. This experience gave him a taste of the entertainment world. After graduating, he moved to Los Angeles, where his family lived, and soon began his career in music.
Founding 10K Projects
Starting His Own Label
In 2016, Elliot launched 10K Projects, an independent record label based in Los Angeles. The label quickly grew in popularity, signing well-known artists like Iann Dior, Trippie Redd, Tekashi 6ix9ine, and Surfaces. Elliot used SoundCloud to find fresh talent, calling it his “cheat sheet” for discovering new artists. His label distributes its music through Universal’s Caroline Records.
Key Partnerships and Growth
In 2019, Elliot’s label partnered with Taz Taylor’s Internet Money Records, which boosted 10K Projects’ influence in hip-hop. In 2020, 10K Projects launched 10K Together, a charitable program that supports racial justice causes and black-owned businesses. Elliot’s company continued to expand, acquiring Homemade Projects, a small independent label, in 2022.
Achievements
By late 2019, 10K Projects had helped its artists achieve 18 gold and 8 platinum or multi-platinum singles. This success showed Elliot’s knack for finding and supporting top talent, making him a recognized figure in the industry.
New Role at Atlantic Music Group
On August 1, 2024, it was announced that Elliot would become the CEO of Atlantic Music Group, one of the world’s largest record labels, starting October 1, 2024. He will replace Julie Greenwald in this role, marking a major step in his career.
Elliot Grainge’s journey from a student entrepreneur to a music industry leader reflects his talent for innovation and his ability to shape the future of music.
Personal Life of Elliot Grainge
On April 20, 2022, Elliot Grainge got engaged to Sofia Richie, a social media personality and model. The couple tied the knot on April 22, 2023, in a beautiful wedding held in the South of France.
In January 2024, Sofia announced that she and Elliot were expecting their first child, a baby girl. Their daughter, Eloise Samantha Grainge, was born on May 20, 2024.
Sofia Richie and Elliot Grainge’s Love Story
How They Met and Started Dating
Sofia Richie and Elliot Grainge have known each other since childhood because their fathers, Lionel Richie and Sir Lucian Grainge, are long-time friends in the music industry. They started dating in early 2021, and Sofia made their relationship public on Instagram. Both families supported the relationship, with Lionel Richie happily giving his blessing, saying he trusted Elliot, whom he had known since he was young.
Engagement and Dream Wedding
On April 20, 2022, Elliot proposed to Sofia in a romantic setup with candles and flowers. Sofia shared her excitement on Instagram, and before the wedding, she converted to Judaism, calling it a deeply meaningful experience. The couple married on April 22, 2023, in a stunning ceremony at the Hotel du Cap-Eden-Roc in the South of France, where Sofia walked down the aisle in a custom Chanel dress with her father by her side.
Life as a Married Couple
Sofia and Elliot quickly settled into married life, even buying a house together in Beverly Hills. Sofia has shared that Elliot gives her a deep sense of security, and she knew early on that he was her perfect match. Elliot, who keeps a low profile on social media, describes his happy place as relaxing on the couch with Sofia, binge-watching TV.
Becoming Parents
In January 2024, Sofia revealed in Vogue that she and Elliot were expecting a baby girl. They celebrated with a gender reveal party, where they learned they were having a daughter. Sofia gave birth to their daughter, Eloise Samantha Grainge, on May 20, 2024, and shared the happy news with a photo of Eloise’s little feet on Instagram.
A Strong, Loving Bond
Their friendship turned into a strong, loving relationship, with Sofia saying she’s lucky to be with someone who truly understands her. As new parents, Sofia and Elliot are excited about this next chapter, balancing family life with their successful careers.
House
Sofia Richie and Elliot Grainge recently bought a stunning $26.9 million mansion in Brentwood Park, Los Angeles. Designed by architect Steve Giannetti, the house has six bedrooms, ten bathrooms, and spans over 10,700 square feet. Inside, there’s a spacious living room, a chef’s kitchen, a library, and a luxurious primary suite with large closets and spa-like bathrooms. Outside, they can enjoy a pool, spa, cabana, and fireplace, all surrounded by lush greenery for privacy. The home was previously owned by Jeremy Zimmer, CEO of United Talent Agency, who remodeled it to its current elegant design.
Height , Weight , Age
Elliot Grainge was born on November 6, 1993, making him 30 years old as of 2023. His approximate height is 6 feet 1 inch (185 cm), and he weighs around 180 pounds (82 kg).
Social Media
Elliot Grainge is relatively private and doesn’t have a prominent social media presence. Here’s what’s known about his social media accounts:
- Instagram: He has an account, but it’s mostly private and doesn’t have a significant number of posts. As of now, he has around 100k followers.
- Twitter: He has a Twitter account, but he doesn’t frequently tweet. His follower count is quite low.
- Facebook: There is no known official Facebook page for him.
- TikTok: Elliot does not have a public TikTok account.
His private nature means he shares less on social media compared to many celebrities, focusing more on his personal life and career.
Personal Talent
Elliot Grainge is a skilled music industry expert and the founder of 10K Projects, an independent record label. He has a talent for spotting and developing new musical artists. Growing up in a music family, he learned how to negotiate deals well. He understands what’s popular in music, especially in hip-hop and pop. His connections in the industry help him build strong relationships with artists and producers, which has led to his success.
FAQS
1. Who is Elliot Grainge?
Elliot Grainge is a music executive and founder of 10K Projects, a record label.
2. What is Elliot Grainge’s net worth?
Elliot Grainge’s net worth reflects his success in the music industry, with millions in assets.
3. Which artists has Elliot Grainge signed?
He’s signed popular artists, especially in hip-hop and pop, through 10K Projects.
4. How did Elliot Grainge start his career?
Growing up in a music family, he developed industry skills early, leading to 10K Projects.
5. What makes Elliot Grainge successful?
His talents in A&R, trend awareness, and strong industry connections have fueled his success.