Steve Stoute Net Worth is$55 Million
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Profession: Record producer
Country: United States of America
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 is an author, entrepreneur, advertising executive and American record executive and artist manager.
From 1990 to 1999, Stoute was an executive at several leading labels in the music industry. At Interscope Geffen A&M Records, Stoute served as President of the Urban Music division and executive vice president, producing best-selling albums from U2, Eve and Limp Bizkit, as well as Eminem's debut album, "The Slim Shady LP." Stoute has also produced several major motion picture soundtracks. Prior to joining Interscope, Stoute was president of Urban Music for Sony Music Entertainment, where he played an instrumental role in launching the music careers of Mariah Carey, Will Smith and Nas. Stoute was also former manager to Nas and Mary J. Blige.[citation needed]
Stoute is the founder of Translation, a full service "transcultural advertising agency". In 2008, Stoute expanded Translation's footprint by partnering with Shawn Carter (aka Jay-Z) to co-found Translation Advertising, which specializes in the multicultural market. Translation believes that its ability to manage 'cultural' nuances allows consumers to know the difference between marketing communications intended to relate to them versus those that intend to 'sell to them.'
In 2009 the American Advertising Federation inducted Stoute into their Advertising Hall of Achievement, the industry's premier award for outstanding advertising professionals age 40 and under. In 2010, Steve was recognized as "Innovator of the Year" at the ADCOLOR awards ceremony, an initiative launched by the ADCOLOR Industry Coalition, to promote increased diversity in the advertising, marketing and media industries.
In 2005, Stoute became the Managing Director and CEO of Carol's Daughter, a line of hair and body care products made with natural ingredients. He formed a board of investors including Will and Jada Pinkett Smith, Jay-Z, Jimmy Iovine and Mary J. Blige. His leadership has enabled the company to grow and has b

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Steve Stoute Latest News

Today In Hip-hop: The Firm presents “The Album”

The idea of initiating such collective originated from prominent rapper Nas, manager Steve Stoute, as well as Dr. Dre and Trackmasters. When the group assembled, the original roster featured the combined talents of Nas, AZ, Foxy Brown, and Cormega ...
Posted: October 21, 2016, 1:00 am

Common Speaks On Impact of 'Good Times' and 'The Jeffersons' in the Black Community

"So George Jefferson taught me about finances." "JJ sold more lunch boxes than the Fonz. And because JJ had Dynamite, that made the Fonz go 'Aye'," says Steve Stoute. The video interview highlights Norman Lear, creator of both television shows. Lear will ...
Posted: October 21, 2016, 2:00 pm

Diddy Presents Nas With Jimmy Iovine Icon Award At 2016 REVOLT Music Conference

Aside from the legendary Bad Boy, Nas was also adorned with praise from peers and family such as Steve Stoute, his daughter Destiny Jones, and his Belly buddy, DMX (we still waiting on that “proper” sequel, y’all). After hearing the touching words of ...
Posted: October 17, 2016, 2:40 am
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