L.A. Reid Net Worth

L.A. Reid Net Worth: L.A. Reid is a music executive and producer who has a net worth of $300 million dollars. Born Antonio M. Reid on June 7, 1956 in Cincinnati, Ohio, he is a musician himself, formerly sharing the stage with then band mate Kenneth (Babyface) Edmonds. He also wrote and produced many tracks alongside Babyface for other performers such as Whitney Houston in the mid-1980s. Later, they formed LaFace Records. Reid is also the president and CEO of Hitco Music Publishing based in Atlanta, Georgia and the former chairman and CEO of the Island Def Jam Music Group until his move to Epic Records in 2011. He appeared as a judge on the first two seasons of the U.S. version of the television show The X Factor, but in December 2012 announced he would not be back for the show's third season, citing his need to focus on his leadership at Epic. A music fiend even as a child, he grew up listening to James Brown, Sly Stone and Led Zeppelin. In his youth, Reid was known for turning nearly anything into a drum set—pots, pans and anything else that would suffice. His hometown of Cincinnati, with its own rich musical traditions, also played a huge part in his musical development. By his teens, Reid was playing drums in a band, gaining performance chops in front of modest crowds. Reid's own reputation and persona were elevated through his selective taste in expensive clothes, prompting his buddies to nickname him "L.A.". L.A. Reid has won three Grammy Awards, and is the man responsible for shepherding the careers of many successful artists including, Mariah Carey, Pink, Avril Lavigne, Rihanna, Usher, and Justin Bieber, among others. He is the current CEO and Chairman of Island Def Jam Music Group.