Missy Elliott is an American rapper and producer who has a net worth of $50 million. Melissa Arnette Elliot was born July 1, 1971 in Portsmouth, Virginia. Her interest in performing made itself present at the early age of 4, but no one seemed to take her seriously. It wasn't until 1990 that she formed the group "Fayze" with three friends. She recruited another neighborhood friend as their producer and they began recording demo tracks. In 1991 "Fayze" caught the eye of Jodeci member and producer DeVante Swing by performing songs for him acapella after a concert. The group moved to New York City and was signed to Elektra Records, also renaming the group "Sista". Elliot began her solo career by rapping for Sean "Puffy" Combs on the remix track of "The Things That You Do". She also lent her vocals to tracks with MC Lyte and New Edition. Combs hoped to sign Elliot to his record company, but instead she signed with EastWestRecords in 1996. In December of 2005 Elliot was nominated for five Grammy Awards, for which she won two for "Best Rap Song" and "Best Short Form Video". In 2006 she was also nominated for "Best Rap Solo Performance" for her song "We Run This". There have been rumors that a film about Elliot's life is set to be made. She currently resides in New York City.