Steve Stoute, a great symbol of the American success story, has a very comfortable net worth of $55 Million. He is an author, entrepreneur, advertising executive and most notably, American record executive. For about 9 years, he served as an executive an many different large music labels, including Interscope Geffen A&M Records and Sony Music Entertainment. While at Interscope he helped produce such huge acts like U2, Eve, Limp Bizket as well as Eminem's debut album. He then took his immense knowledge of the music industry and took it to the advertising world. It is said that he was one of the pioneers of influencing the way that blue chip marketers and famous musicians connect with consumers. He founded the company Translation, which has married a lot of massive fortune 500 companies like McDonalds, State Farm and Hewlett-Packard and famous musicians like Beyonce and Justin Timberlake to name a few. Because of his immense success, in 2009 the American Advertising Federation inducted Steve Stoute into the Advertising Hall of Achievement, which cemented his position as a genius entrepreneur. If that wasn't enough, in 2005 he became the CEO of a complete line of body and hair care products called "Carol's Daughter." Because of his established connections, he was able to find many celebrity investors like Will and Jada Pinkett Smith, Jay-Z and Mary J. Blige. Chances are, he is still not even slowing down and lives a pretty damn good life. Good for him.
Steve Stoute Net Worth
Have something to add to this net worth? Share it by adding comments below.
Record producer, Author, Entrepreneur
United States of America
LeBron James Overshadows NBA Championship Win, With Amazing $41 Million Donationon Jun 25, 2016
How Was O.J. Simpson Able To Afford His Famous Legal "Dream Team" During His Murder Trial?on Jun 26, 2016
Floyd Mayweather Just Made Another Amazingly Outlandish Purchaseon Jun 23, 2016
Tupac Spoke About The Perils Of Capitalism And Donald Trump Back In 1992on Jun 25, 2016
Inside The $367M+ Luxury Jet: The Boeing 747-8 VIPon Jun 24, 2016
"Clash of Clans" Sold For $8.6 Billion To Chinese Internet Firmon Jun 26, 2016
Maria Sharapova Is Suspended For Two Years On Doping Chargeson Jun 24, 2016
Brexit Decision Sets Up MA$$IVE Win For George Soroson Jun 25, 2016
Rock On! Led Zeppelin Found Innocent Of Plagiarism Chargeson Jun 26, 2016
Reclusive British Billionaire And His Hot Swedish Ex Have Reunited, 14 Years After They Divorced, With One Unusual Caveaton Jun 25, 2016
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
- Tunisian Billionaire Disappears Before He Can Be Deported To Face Prison Time In Home CountryBelhassen Trabelsi is a Tunisian billionaire refugee and he is missing. It turns out that his missing status is quite convenient, as he was about to be deported from Canada, to face charges back at home.
- The Cavs Are Selling More Gear Than Any Other Team In NBA HistoryThe good times continue in Cleveland after the Cavaliers brought home the city's first championship in more than half a century – retailers, especially, are smiling.
- Billionaire Li Ka-Shing Urges U.K. To Remain As Brexit Vote LoomsOn Thursday, people in the United Kingdom will decide whether they want their country to remain in the European Union. Billionaire Li Ka-shing wants them to stay.
- While Credit Suisse Stocks Plummeted, One Former Employee Earned BigSwiss bank Credit Suisse is handling major losses, so how did Sergio Machado earn $14 million?