Introduction:
John Reid is a legendary music manager and producer who has contributed significantly to the music industry. He has managed some of the most successful music artists, including Queen, Elton John, and Michael Jackson. With his sharp business acumen and exceptional music sense, John Reid has amassed a considerable fortune over the years. In this guide, we will provide you with a comprehensive and detailed view of John Reid’s net worth, including the sources of his income and how he achieved his fortune.
Early Life and Career Beginnings:
John Reid was born on September 9, 1949, in Paisley, Scotland. He had a passion for music from a young age and started his career as a DJ in local clubs. Later on, he became a concert promoter and eventually a music manager.
Business Ventures:
John Reid’s net worth primarily comes from his successful business ventures. He has invested in several profitable businesses over the years, including music production companies, record labels, and a chain of music stores.
Queen’s Success:
John Reid’s most notable success as a music manager was managing the British rock band, Queen. Under his management, the band achieved massive success with hit songs like “Bohemian Rhapsody” and “We Will Rock You,” contributing significantly to John Reid’s net worth.
Elton John’s Career:
Another milestone of John Reid’s career was managing Elton John. Under his management, Elton John released hit songs and albums, marking the beginning of an illustrious career that continues to this day.
Michael Jackson:
John Reid also managed Michael Jackson, who is considered one of the most successful music artists of all time. Under his management, Michael Jackson’s music career soared, and he became an international sensation, earning John Reid a significant portion of his net worth.
Real Estate Investments:
Apart from his music ventures, John Reid has also made substantial investments in real estate. He owns several properties, including a multi-million dollar mansion in London.
Media Company Ventures:
John Reid is also known for his media company ventures. He has invested in several media companies over the years, including Emap, which he bought for £1.7 billion and later sold for a considerable profit.
Retirement and Philanthropy:
John Reid retired in 2017 but continues to be involved in various philanthropic activities. He has donated a significant portion of his wealth to various charitable organizations and foundations.
Conclusion:
John Reid’s net worth is a testament to his business acumen and exceptional music sense. From managing some of the biggest names in the music industry to investing in profitable businesses, he has built an impressive fortune. His philanthropic efforts after retirement prove that he is not just a successful businessman but also a compassionate human being.
FAQs:
1. What is John Reid’s net worth?
John Reid’s net worth is estimated to be around $75 million.
2. What is John Reid famous for?
John Reid is famous for managing some of the most successful music artists, including Queen, Elton John, and Michael Jackson.
3. Where does John Reid live?
John Reid lives in a multi-million dollar mansion in London.
4. What is John Reid’s involvement in philanthropy?
John Reid is heavily involved in philanthropic activities and has donated a significant portion of his wealth to various charitable organizations and foundations.
5. When did John Reid retire?
John Reid retired in 2017.