Elliot Grainge is a well-known record executive in the United Kingdom. He started the indie record label 10K Projects and serves as its CEO. Hip hop and rap artists such as Trippie Redd, Tekashi 6ix9ine, and Iann Dior are signed to his label. Lucian Grainge, the CEO of Universal Music Group, is Grainge’s father.
Elliot Grainge is not going to let the fact that Sofia Richie is an heiress stand in the way of his proposal to her. He comes from a very wealthy family himself, making him quite wealthy. Keep reading to find out how money does Elliot have.
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How Much Money Does Elliot Grainge Have?
It has been reported that Elliot Grainge, founder of the record company, is worth around $10 million. His model wife, Sofia, reportedly has a $8 million net worth.
He founded the Los Angeles record label 10K Projects after hearing the saying, “It takes roughly ten thousand hours of practice to achieve mastery in a field.” Some of the artists they’ve worked with are Aitch, Between Friends, Damien Styles, Taz Taylor, Lil Boom, Peach Tree Rascals, and WizTheMC.
Their mission statement reads, “Our purpose is to recognize and champion the unique visions of the storytellers and creatives of tomorrow — as they see it, without compromise or regard for convention.”
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The statement continues, “We exist to serve as a conduit for exceptional talent, fostering an environment in which norms are designed to be broken, limits are dauntlessly tested, and the very notion of what it means to be a record label is constantly challenged.”
How Much Did Elliot And Sofia Invest In Beverly Hills Real Estate?
In April 2021, just two months after going public with their romance on Instagram, Elliot and Sofia dropped $17 million on a home in Beverly Hills’s “Music Row,” a neighborhood that also includes the homes of Sir Paul McCartney, Rihanna, and Madonna.
The couple plans to move in together in August of 2021 after having the home fully renovated. They didn’t stay around for long, though. Have a look at the official tweet by 21 Met Gala below in which Sofia Richie marries Elliot Grainge in France.
Sofia Richie marries Elliot Grainge in France. pic.twitter.com/Mgdg1FUrSn
— @21metgala (@21metgala) April 22, 2023
The couple sold the home privately in June 2022 for $5 million more than they had originally asked. The following month, in September 2022, they dropped $26.9 million on a mansion in Brentwood Park, a wealthy area of Los Angeles. This occurred in October, four months after Elliot proposed to Sofia on the island of Kauai in Hawaii in the presence of their closest friends and family members in April.
The spacious 10,779 square foot home has six bedrooms and nine bathrooms in addition to a pool, extensive grounds, and formal rose gardens. This will be the first place Sofia and Elliot have ever lived in together as husband and wife.
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