How much is L.A. Reid worth?
|Net Worth:||$330 Million|
|Date of Birth:||June 7, 1956|
|Country:||United States of America|
About L.A. Reid
The American record executive, A&R representative, film producer, businessman, and former drummer, record producer, and songwriter Antonio Marquis “L.A.” Reid was born on June 7, 1956. His estimated net worth is $330 million. L.A. Reid served as an X Factor judge. He judged the Fox reality singing competition with Simon Cowell, Paula Abdul, and Nicole Scherzinger for two seasons until deciding to depart in 2012 to concentrate on his leadership at Epic Records.
In addition to being a writer, composer, and former drummer, Reid is also a film producer, businessman, and A&R representative.
L.A. Reid guided the careers of artists like Jay-Z, The Killers, Bon Jovi, and Kanye West as a music executive. Reid began his career as a member of the R&B group The Deele before switching to songwriting and producing for musicians like the Whispers (with their top 10 hit “Rock Steady”). He and his writing partner Babyface co-founded the record company LaFace in 1988, which gave birth to artists like OutKast, Pink, and Usher.
L.A. Reid then took over for Clive Davis as president of Arista Records in 2000. He later moved on to Island Def Jam Music Group, where he assisted in the careers of musicians like Rihanna and Justin Bieber.
2011 also saw the inclusion of judging The X Factor. New judges Britney Spears and Demi Lovato joined the judging panel, and Jones was replaced as co-host by Khloe Kardashian and Mario Lopez. Reid departed Island Def Jam to run the Epic Label Group division of Sony. In order to concentrate on his career with Epic Records, he departed The X Factor in 2012.
Four albums from Epic Records debuted at No. 1 when L.A. Reid was in charge: Future, DJ Khaled, Travis Scott, and A Tribe Called Quest’s last album. Future was the only artist on the Billboard charts to have two back-to-back albums that debuted at number one as of March 3, 2017.
In 2018, Reid and Charles Goldstuck, the former CEO and Chairman of TouchTunes Interactive Networks, established and serve as co-chairmen of Hitco Entertainment, LLC. L.A. Reid’s net worth is projected to be $330 million as of 2023.