Elliot Grainge, a Los Angeles-based record label owner aged 28, started the label 10K Projects, which now has artists including Damien Styles, Lil Boom, Salem Ilese, Trippie Redd, and Turbo, as CEO.
The fact that Sofia Richie is an heiress is not going to dissuade Elliot Grainge from proposing to her. He is incredibly wealthy and hails from an even more prosperous family. If you want to know how much Elliot is worth and what he does to get money, read on!
How Much Is Elliot Grainge Worth?
Multiple sources estimate the record label’s founder’s net worth at $10 million and his model wife Sofia has a fortune of $8 million, which is nearly equal to his.
How does Elliot Grainge earn his living?
He started the independent record label 10K Projects, which is based in Los Angeles. The name of the company comes from a quote by John Lennon, “It takes roughly ten thousand hours of practice to achieve mastery in a field.”
Artists like Aitch, Between Friends, Damien Styles, Taz Taylor, Lil Boom, Peach Tree Rascals, and WizTheMC are on their list.
The company’s 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.”
It adds-
“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.”
Do Elliot and Sofia Have Their Own Home?
Two months after making their relationship Instagram public in February 2021, Elliot and Sofia dropped $17 million on a Beverly Hills property on a street commonly known as “Music Row,” with neighbors including Sir Paul McCartney, Rihanna, and Madonna.
In February of 2021, Sofia goes ahead and makes their dating status on Instagram public. Have a look at the Instagram post that is linked below-
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Before moving in with their significant other in August of 2021, the pair had the house extensively customized. However, they didn’t remain for very long. In June 2022, the couple sold the house for $5 million above the asking price in a private transaction.
The next month, in August 2022, they spent $26.9 million on a mansion in Los Angeles’s posh Brentwood Park neighborhood. It happened four months after April, when Elliot proposed to Sofia in a lovely Hawaiian setting, in the company of their friends and family.
It has six bedrooms, nine bathrooms, a home cinema, an exercise center, a pool, expansive lawns, and formal rose gardens across its 10,779 square feet. When Sofia and Elliot move in together, it will be their first home as husband and wife.
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