The career of some of the most gifted vocalists in the world has been shaped by Lex Borrero, a well-known personality in the Latin American music scene. Over the years, he has garnered a lot of popularity and respect because of his business acumen and talent-spotting abilities. Lex took part in Netflix’s “The Signing,” also known as “La Firma,” to inspire young artists to pursue their passions, which further piqued people’s interest in his career and any potential fortune he may have amassed. Let’s investigate and provide some clarity in this regard.
How Did Lex Borrero Earn His Money?
Lex worked with BMG Chrysalis to launch R8D Music Publishing after earning his degree in entertainment business from the Berklee Institute of Music. In April 2010, he assumed the positions of President and Co-Foudner, and he is still connected to the group. Along with none other than Jonathan Gordon, Lex founded 1916 MGMT in February 2013 with the goal of assisting people and organisations who desired achievement. The year 1916 was chosen for the organization’s name because it was also the year John D. Rockefeller became the first billionaire in history.
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Lex quit 1916 MGMT in July 2016 and carried on with his business endeavours. Soon after, in July 2018, he started working for Roc Nation as the Executive Vice President and Head of Latin. Lex didn’t assume the position of Chief Executive Officer (CEO) for Neon16, a record company he and Tainy helped start, until January 2019. In July 2019, he left Roc Nation, and Neon16 went on to have great success.
Neon16 performed exceptionally well, and as a result, Fast Company named it the Most Innovative Music Business of 2021. After the success of the record label, Lex teamed up with Tommy Mottola and Range Media Partners to form Ntertain. The organisation has thrived ever since the Netflix celebrity took over as CEO in February 2021, specialising in Latin American musicians and tales. In fact, Ntertain played a significant role in developing the television series “Los Montaner.” In addition, Lex manages Tainy’s management requirements and is connected to OneSix and Canvas.
Lex Borrero’s Net Worth
Le Borrero’s varied entrepreneurial endeavours must be taken into account when determining his net worth. A individual in a comparable profession, starting with his job as a Record Label Executive, makes an average of $100,000 each year. Having said that, it is important to highlight that Lex does work that is unquestionably above average, which suggests that he earns substantially more money. He also works as a talent manager, which has an annual salary of roughly $60,000.
Lex is also a Producer, and an individual in that role typically earns around $75,000 per year. The Netflix celebrity is also an average business owner who earns about $100,000. However it’s important to remember that, given his enormous success and notoriety, his earnings are probably significantly more than normal. In light of these elements, we calculate Lex Borrero’s net worth at $15 million.
