L.A Reid Net Worth 2022: How Much Does He Make from LaFace Records?
Record producer, A&R representative, and record executive Antonio Marquis “L.A.” Reid is from the United States. He founded Hitco Entertainment and currently holds the position of co-chairman. In the past, he has held the positions of president and CEO of Arista Records, chairman, and CEO of Epic Records, and The Island Def Jam Music Group. Read on to find out about the L.A Reid net worth, professional, and personal life.
Early Life of L.A Reid
L.A. Reid, whose real name is Antonio Marquis Reid, was born in Cincinnati, Ohio, on June 7, 1956. He was always into music as a kid and grew up listening to bands like Led Zeppelin, Sly Stone, and James Brown. Reid used to make drums out of pots, pans, and pretty much anything else that would work. His decision to become a musician was also greatly influenced by Cincinnati, which has a rich musical heritage.
Reid began playing the drums in a band while he was in his teens, and he grew accustomed to performing in front of tiny audiences. Reid’s friends began referring to him as “L.A.” because of the high-end clothing he wore, which improved his reputation and appearance.
Career of L.A Reid
When he met the drummer for the rock band Pure Essence, L.A. Reid’s career took off. After getting a new name, it was called Essence. In the 1980s, he played in a band called “The Deele.” It had the hit song “Two Occasions” and then broke up.
In 1989, he and Kenneth “Babyface” Edmonds set up LaFace Records. It quickly became a place where many artists liked to hang out. Then, he signed with 14’s label. After that, songs by Toni Braxton, Outkast, and TLC, among others, were released by the label.
He set up Hitco Publishing Group in 1996. In 2000, he sold LaFace Records to BMG, which later became a part of Arista Records. The next year, he signed Avril Lavigne to his label. Soon after, Ciara and P!nk were signed. In 2004, Reid became CEO of The Island Def Jam Music Group. Then, he became an executive producer on “The Emancipation of Mimi” by Mariah Carey.
Reid has also helped Justin Bieber, Bon Jovi, Rihanna, and Kanye West with their careers. He has also done something with Jennifer Lopez. In 2014, he put out “Xscape” by Michael Jackson.
Then in 2017, he said he was leaving his job at Epic Records. In 2011, L.A. Reid joined the judges of “The X Factor.” The judges ranked his performance third in the competition. In 2016, he wrote a memoir that became a best-seller on the New York Times list.
What is the Net Worth of L.A Reid?
L.A. Reid is a music industry executive and producer with a $300 million fortune. He is most known for co-founding LaFace Records with Kenneth “Babyface” Edmonds and for launching Hitco Entertainment, Hitco Music Publishing, and Hitco Music.
Additionally, he worked years in those roles with organizations like Epic Records and The Island Def Jam Music Group.
Also, read:-Larry David Net Worth 2022: How Much Money Does He Have?
Relationship Status of L.A Reid
The record producer’s sexual orientation is heterosexual, and he has had several relationships in his lifetime. Before he married his first wife, Perri, he had a son, Antonio Jr., from one of his previous relationships. In the same year that he married Perri in 1989, the couple welcomed their first child, Aaron.
The couple divorced in 1996 due to dissatisfaction with their marriage. Reid married Erica Holton four years after his divorce, and they had two children, a son named Addison and a daughter named Manuelle. Even after 20 years of marriage, they continue to have a wonderful relationship.
L. A. Reid: LaFace Records
Clive Davis, the creator of Arista Records, assisted Babyface and Reid in starting LaFace Records when The Deele split up. LaFace Records rose to prominence as one of the world’s most prosperous record companies in the late 1990s and early 2000s.
Through LaFace Albums, TLC sold 75 million records globally. Outkast sold 25 million albums in total. Usher, who joined the business when he was just 16 years old, and Toni Braxton both sold 65 million records.
Successes & Awards of L.A Reid
In the 2006 BMI Urban Awards, L.A. Reid received the BMI Icon designation. In addition to the 2014 Harvard University Alumni Award for Excellence in Media, he has three Grammy Awards to his credit. He also received the Business of Entertainment Award from BET Honors. He received the President’s Merit Award from the National Academy of Recording Arts and Sciences in 2013. He has 18 BMI Awards under his belt.
L.A Reid House and Real Estate
The home in Bel-Air, California that Reid purchased for $17.99 million is located in the state of California. The home has a total of seven bedrooms and seven bathrooms split throughout its three levels and 11,246 square feet of space. It features a fitness centre, a home theatre, a bar, a wine cellar, and a swimming pool as part of its standard facilities.
Frequently Asked Questions
Who was it that L.A. Reid found?
When Usher, 15, walked into his office, Reid dispatched the teenager to New York to train with Puffy. However, before handing Usher over to the “wildest party boy in the country,” Reid had to secure his mother’s OK. Alecia Moore, who was 17 and covered in tattoos, was singing with a girl group when he found her.
Who is L.A. Reid’s son?
Roger Reid. He wed Perri “Pebbles” Reid in 1989, and the couple welcomed a son named Aaron Alexander in November of that year. In 1996, Reid and Pebbles were divorced. He wed Erica Holton in 2000. They have two children.
Where has L.A. Reid gone?
Reid moved the label from New York to Los Angeles and into new Culver City offices in 2016.
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