Elliot Grainge is the son of music industry titan Lucian Grainge who has made an impressive career of his own. As the founder and CEO of the successful record label 10K Projects, Elliot Grainge net worth is much more than that of his famous father. That inspires his fans, so stay tuned us to know Elliot Grainge net worth, career, and much more!
Elliot Grainge Basic Info
| Full Name | Elliot Grainge |
| Date of Birth | November 6, 1993 |
| Birthplace | United Kingdom |
| Occupation | Entrepreneur, Record Label Founder |
| Spouse | Sofia Richie (m. 2023) |
Elliot Grainge’s Success Story
Elliot Grainge was born in the United Kingdom in 1993 to Lucian Grainge who is the chairman and CEO of Universal Music Group. Elliot developed a keen interest in the business from a young age by growing up in a prominent music industry family.
His family relocated to the United States for his father’s work in 2009 and Elliot enrolled at Northeastern University where he studied sociology and economics. After graduating, he moved to Los Angeles to pursue his own career in the music industry.
Elliot Grainge founded his own independent record label, 10K Projects, based in Los Angeles in 2016. The label’s mission is to “recognize and champion the unique visions of the storytellers and creatives of tomorrow.”
10K Projects has signed a roster of talented artists, including Aitch, Between Friends, Damien Styles, Taz Taylor, Lil Boom, Peach Tree Rascals, and WizTheMC under Elliot’s leadership. Then, the label achieved significant success and earned 18 gold and 8 platinum/multi-platinum singles which accumulated a total of 22 billion streams.
Elliot’s entrepreneurial skills and the success of 10K Projects have earned him recognition in the industry, including a spot on the Forbes 30 Under 30 Music list in 2021.
Elliot Grainge Net Worth Resources
Elliot belongs to a prominent family who involved in the music industry. His father is the chairman and CEO of Universal Music, Hence, it’s not confirmed if Elliot amassed net worth through his family business or not. Besides, here are some resources from where Elliot is making money:
Real Estate Investments
Elliot and his wife, Sofia Richie, have made some savvy real estate investments. They purchased a $17 million Beverly Hills mansion in 2021 which they later flipped for a $5 million profit. Then, they went on to purchase a $26.9 million mansion in the upscale Brentwood Park neighborhood of Los Angeles. That’s all how he made money from the real estate business.
Charitable Efforts
Impressively, Elliot has also focused on philanthropic efforts. He started 10K Together, the charity part of 10K Projects, to support social justice issues related to race, gender, sexuality, disability, and economic status in 2020.
Industry Recognition
Furthermore, Elliot’s success has not gone unnoticed in the music industry. He was named to the Forbes 30 Under 30 Music list which recognizes his entrepreneurial spirit and the success of 10K Projects in 2021.
Investments
Also, he has invested in various industries, including male accessories, digital marketing, venture capital, and sunglasses manufacturing. These investments have further contributed to his financial growth.
Strategic Partnerships
Smartly, Elliot’s partnership with Warner Music Group makes 10K Projects a standalone label that merges its artists and team into the larger WMG network. This collaboration has improved the label’s operations and financial success.
These are some primary resources of Elliot Grainge Net worth through he amasss a great amount. Most of his fans like his lifestyle and some of his financial strategies.
Elliot Grainge Net Worth
As of 2024, Elliot Grainge net worth is around about $10 million. He chooses many clever resources to make such a great amount.
Here is Elliot Grainge net worth in past years:
| Elliot Grainge Net Worth in 2024 | $10 million |
| Elliot Grainge Net Worth in 2023 | $10 million |
| Elliot Grainge Net Worth in 2022 | $10million. |
| Elliot Grainge Net Worth in 2021 | $5 million. |
Wrap Up
He continually influences others and makes his name. Consciously, his savvy ideas and business projects help to establish Elliot Grainge net worth!