Sylvia Rhone, a music industry executive in the United States, has a net worth of $20 million.
Sylvia Rhone’s net worth has been measured by the length of time she has spent in the music industry.
She was born in Philadelphia, Pennsylvania, on March 11, 1952, and served as the president of Motown Records until 2011. Later in 2012, she became the CEO of her own label, Vested in Culture, which had a distribution deal with Epic Records.
Rhone, who grew up in Harlem, credits her exposure to influential R&B shows at the Apollo Theater for inspiring her to consider music as a source of inspiration and eventually pursuing a career in the music industry.
After obtaining a B.Sc. degree,
After completing her studies in Economics at the Wharton School at the University of Pennsylvania, she pursued a career in music and eventually secured a position as a secretary at Buddha Records in 1974. She was promoted several times and went on to become the director of national black music marketing for Atlantic Records within six years.
Rhone was appointed as the chairman and CEO of Elektra Entertainment Group in 1994 when the Warner Music Group hired her. The Los Angeles Times referred to her as the most powerful woman in the music industry, making her the first female and dual title.
Her career peaked in 2004, when she was appointed as the president of Motown Records and the executive vice president of Universal Records, a position she held until 2011.
Rhone was appointed as the president of Epic Records by Sony Music in March 2014.
She remains associated with Epic Records and holds positions on the Board of Directors for the Alvin Ailey American Dance Theater and the Rock and Roll Hall of Fame in Cleveland.