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Have you ever wondered about the financial success behind some of the most influential figures in the music industry? Meet Elliot Grainge, the dynamic force behind the innovative record label 10K Projects. In this post, you will get all the information related to his net worth, career, and more updates.
Elliot Grainge Net Worth
As of 2024, Elliot Grainge’s net worth is estimated to be around $10 million. He got rich mainly from doing well in the music business, especially with his company called 10K Projects. Grainge has done a lot for the industry, and his money shows how much he’s achieved and how important his work has been.
Elliot Grainge Early Life and Education
Grainge grew up in the UK as the son of Lucian Grainge and Samantha Berg. His dad is the CEO of Universal Music Group, making Grainge familiar with the music industry from a young age. He later moved to the United States in 2009.
He went to Northeastern University in Boston. While he was a student there, Grainge ran a business promoting bottle service clubs for dance and hip-hop venues in Boston. After finishing his studies and getting a bachelor’s degree from Northeastern, he moved to Los Angeles, where his family was based.
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Elliot Grainge Career Success
In 2016, Grainge began a music label in Los Angeles called 10K Projects. His label signed up artists like Iann Dior, Trippie Redd, Tekashi 6ix9ine, and the band Surfaces.
Grainge found some of these talents on SoundCloud, which he thinks of as a helpful tool for discovering new artists. The music from Grainger’s label is shared through Universal Music Group’s Caroline Records.
In October 2019, Grainge’s company, 10K Projects, teamed up with music producer Taz Taylor’s group, Internet Money Records. Together, they created 10K Together, a part of 10K Projects that donates to charities supporting racial justice and black-owned businesses.
This charitable division was established in June 2020. In February 2022, 10K Projects also acquired Homemade Projects, a music label. By December 2019, the artists from Grainge’s label had earned 18 gold and 8 platinum/multi-platinum singles.
