Net Worth $20 Million USD
Sylvia Rhone is the current President of Universal Motown Records. Rhone has succeeded for more than three decades as one of the influential female executives in the history of music business. Currently overseeing a roster of best selling artists, the Universal Motown lineup includes Lil Wayne and the Cash Money roster of gold, platinum, and multi-platinum artists, Nicki Minaj, Drake, Kid Cudi, Nelly, Melanie Fiona, Akon, Erykah Badu, and the legendary Stevie Wonder.
In October 2004, Rhone was appointed President of Motown Records, Executive Vice President of Universal Records. Prior to her Universal Motown role, Rhone served as Chairman/CEO of the Elektra Entertainment Group, transforming the boutique label into one of the most eclectic rosters in the music business. Rhone’s historic appointment in 1994 as Chairman/CEO of EEG established her as the only African American and the first woman in the history of the recording industry to attain such a title.