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. Read on to learn about Elliot’s wealth and how he makes it.
How much Net Worth does Elliot Grainge have?
Multiple sources estimate the record label’s founder Elliot Grainge’s net worth at $10 million. His model wife Sofia is worth almost $8 million.
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What is Elliot Grainge’s source of Income?
He started the Los Angeles-based label 10K Projects after reading the proverb, “It takes roughly ten thousand hours of practice to achieve mastery in a field.”
Aitch, Between Friends, Damien Styles, Taz Taylor, Lil Boom, Peach Tree Rascals and WizTheMC are just a few of the musicians they’ve signed.
According to the company’s mission statement, “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.”
“We exist to serve as a conduit for exceptional talent,” it continues, “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.”
How Much did Elliot and Sofia spend on Beverly Hills Property?
Two months after making their relationship Instagram public in February 2021, Elliot and Sofia dropped $17 million on a Beverly Hills property on a block commonly known as “Music Row,” since neighbors included Sir Paul McCartney, Rihanna, and Madonna.
Before moving in with their significant other in August of 2021, the pair had the house extensively customized. They didn’t linger for very long, though.
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. This happened four months after Elliot proposed to Sofia in April on the Hawaiian island of Kauai, in front of their closest friends and relatives.
The expansive 10,779 square-foot property features a pool, expansive grounds, and formal rose gardens in addition to six bedrooms and nine bathrooms. When Sofia and Elliot move in together, it will be their first home as husband and wife.
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