What Is Elliot Grainge’s Age and How Much is His Net Worth?

Elliot Grainge is a 30 year-old music executive with a net worth of $10 million as of 2024. He is the owner of an indie record label named 10K Projects.

Elliot Grainge has successfully made a name for himself despite his father’s domineering presence in the music industry. His record label has worked with artists like Trippie Redd, and rapper Tekashi 6ix9ine and currently has several notable artists and bands signed under the label.

What is Elliot Grainge’s Age as of 2024?

Elliot Grainge is 30 years old as of 2024. He was born on 06 November 1993 in England, United Kingdom. He is, therefore, British and not American, as some would erroneously assume. Unfortunately, his mother, attorney Samantha Berg, suffered an amniotic fluid embolism while birthing him. She slipped into a coma as a result and never recovered, finally passing away in 2007.

Elliot Grange’s father, on the other hand, is Sir Lucian Charles Grainge. He is the chairman and CEO of Universal Music Group, one of the biggest record labels in America. He is in his second marriage with Elliot’s stepmother, Caroline Grainge. Elliot has two step-sisters, Alice Grainge and Betsy Grainge, from his father’s second marriage.

Elliot Grainge’s Birthday Dates

Year	Birthdate	Day
2024	6 November	Wednesday
2025	6 November	Thursday
2026	6 November	Friday
2027	6 November	Saturday
2028	6 November	Monday
2029	6 November	Tuesday
2030	6 November	Wednesday

 

He Moved to the United States in 2009 for College

Elliot spent his childhood and teenage years in the U.K. He attended a local private school in the United Kingdom before moving to the United States in 2009. This move was partially influenced by his father’s promotion to the International Chairman of Universal Music Group in 2005. The whole family settled in Los Angeles, while Elliot enrolled in Northeastern University in Boston.

As a student, Elliot started his first business venture with a fellow student partner. After graduating with a bachelor’s degree, he moved back to Los Angeles and launched his record label 10K Project. The label is focused more on artistic integrity than commercial success. The now 30-year-old music executive has successfully made a name for himself away from his father’s shadows.

What is Elliot Grainge’s Net Worth as of 2024?

Elliot Grainge’s net worth in 2024 is estimated at $10 million. He is a successful music record label executive with a lot going for him. His label 10K projects has 20-plus artists signed under them, with coverage in both the U.S. and U.K. markets. 18 gold and eight platinum/multi-platinum singles with 22 billion streams translates to massive profits from streaming platforms, as well as profits from concerts, collaborations, live events, tours, and ticket and album sales.

According to Tone Deaf, top music executives earn an average salary ranging from $200K to $500K annually, plus equity from performance-based incentives, such as stock options. With many years of successfully working in the industry, Elliot Grainge is estimated to be worth $10 million in assets.

In 2021, Elliot was named in the exclusive Forbes’ 30 Under 30, showing him as one of the young entrepreneurs transforming the music scene. In 2022, Elliot Grainge and his fiancée purchased a $26.9 million mansion in Brentwood, Los Angeles, California, that once belonged to UTA’s CEO Jeremy Zimmer. This purchase shows Elliot Grainge’s financial prowess.

Assets and Properties	Value
10K Projects Record Label	$7 million
Brentwood Mansion	$25 million

Elliot Grainge’s also Earns from Successful Business Ventures

While in school Grainge partnered with Boston University student Robbie Earl to create and run their company ‘Take Boston’. ‘Take Boston’ was all about providing a unique nightlife experience for partygoers in Boston. They partner with teams like Timeflies, and The Lansdowne Pub. The company was also part of the process that raised $18,000 for victims of the Boston Marathon bombings

After graduating from Northeastern, Elliot Grainge moved back to Los Angeles and started the indie record label 10K Projects. He started the label by signing Trippie Redd and controversial rapper Tekashi6ix9ine. 10K Projects now has artists like Iann Dior, Internet Money, and Poor Stacy as well as bands like Surfaces, and Peach Tree Rascals working under it. According to Forbes, 10K Projects has had 18 gold and eight platinum/multi-platinum singles that have accumulated a total of 22 billion streams.

Elliot Grainge’s Net Worth Growth

Year	Net Worth
2023	$10 million
2022	$10 million
2021	$9 million
2020	$8 million
2019	$8 million

Did Elliot Grainge Inherit His Wealth From His Family?

Elliot Grainge obviously comes from a wealthy family and his father is worth a whopping $50 million. But from what we have seen so far, it appears Elliot Grainge worked hard for his money. He no doubt inherited the entrepreneurial spirit from his dad. Right from University, he was already running his business. It is therefore not surprising that he would hit the ground running once he kicked off his music label venture.

10K Projects was founded in 2016 and has been quite successful thus far. However, Elliot also had some help with the Virgin Music Label & Artist Services, a division of Universal Music Group that helped with the distribution aspect of the label. Elliot Grainge has access to the wealth of knowledge and connection his father has amassed in his years in the industry. However, the bulk of the work rested on his shoulders as an indie music executive.

Who is Elliot Grainge’s Dad, Sir Lucian Charles Grainge

Lucian Charles Grainge has worked in the entertainment industry his entire career. The 64-year-old from North London was once the director of RCA Music Publishing and A&R director for MCA Records before joining Universal Music in 1986. He later rose to become the chairman of the UK division of the Universal Music Group before his promotion to chairman and CEO.

Sir Lucian Charles Grainge has worked with top artists like Lady Gaga, ABBA, Jay-Z, Elton John, The Rolling Stones, Amy Winehouse, Queen, Rihanna, Sam Smith, U2, Katy Perry, and lots more. He reportedly has a net worth of above $50 million and is named the most powerful person in the music industry and the first-ever Executive of the Decade by Billboard magazine. In 2016, he was knighted by Queen Elizabeth for his accomplishments and leadership in the music business. He also has a star to his name on the Hollywood Walk of Fame.

Thanks to his dad, Elliot Grainge had some insight into the workings of the music business before venturing into it. His success in the industry is loosely tied to the experiences he had gathered over the years from watching his dad negotiate deals and sign contracts.

FAQs

Who is Elliot Grainge?

Elliot Grainge is a British-American music executive known for owning an indie record label 10K Projects.

How Old is Elliot Grainge?

Elliot Grainge is 30 years old in 2024, as he was born on 6 November 1993.

What is Elliot Grainge’s Height?

Elliot Grainge is not very tall as his height is listed at 178 cm or 5 feet 10 inches.

When is Elliot Grainge’s Birthday?

Elliot Grainge celebrates his birthday on the 6th of November every year.