Kevin Liles is the co-founder and CEO of 300 Entertainment and a prominent figure in the American music industry. Billboard Magazine named Kevin R&B/Hip-Hop Executive of the Year in 2020 for his activism and Megan Thee Stallion’s continuous success.
Kevin Liles was born on February 27, 1968, in Baltimore, Maryland, and he attended and graduated from Woodlawn High School, both in the Baltimore area. He was one of four children reared by his mother, an accountant named Alberta Fennoy, and his stepfather, Jerome Fennoy, a railway conductor.
He received a NASA scholarship to attend Morgan State University and study electrical engineering, but he dropped out before graduating to focus on music.
What is Kevin Liles’s Net Worth?
As of October 2022, Kevin Liles has an estimated net worth of $60 Million. His record label, 300 Entertainment, is the primary source of his wealth. Artists he represents include Young Thug and Megan Thee Stallion, both of whom he is widely recognized for.
Along with Todd Moskowitz, Lyor Cohen, and Roger Gold, he established 300 Entertainment in 2012. Under 300 Entertainment, Liles has represented rap acts like Young Thug, Gunna, Highly Suspect, and Cheat Code.
In 1993, Liles was promoted to the post of Mid-Atlantic Marketing Manager, and just seven years later, in 1998, he was offered and accepted the presidency of the Def Jam Music Group. During his presidency, Def Jam’s income rose from $200 million to $400 million.
His Entrepreneurship Journey
Liles got his start in the music industry as a member of the Baltimore DJ collective Numarx. They originally performed and recorded the hit tune “Girl You Know It’s True,” which was later covered by Milli Vanilli. The single went multi-platinum and won several awards. For Liles, this was the beginning of a successful career in the music business.
After hearing the success of numerous songs by Numarx, Liles decided to launch his own record company under the name Marx Bros. Salt ‘N Pepa, LL Cool J, Run DMC, and many more famous acts were all supported by the label. Liles wasn’t completely satisfied with the development because he felt like more could be done.
In 1999, he was given the chance of a lifetime and accepted the position of President of Def Jam Music Group. After becoming a part of Universal Music Group, a major player in the industry, this expanded rapidly during the subsequent four years. The industry exploded, giving rise to other independent labels including Roc-a-Fella Records, Murder, Inc., and Def Soul.
In 2004, he stepped down as president and in 2005, he was promoted to executive vice president of Warner Music Group. After leaving Warner in 2009, he started KWL Enterprises in New York and became an entrepreneur.
For his long and fruitful career in the American music industry, Liles has been honored with a number of accolades. For his charitable efforts, he was honored with two awards: the Diversity Award and the Foundation for Ethnic Understanding Award.
In 2002, he received the Music Visionary Award, and in 2002, the UJA Federation of New York presented him with an award. The Music for Youth Foundation presented him with an award the following year. He was named Billboard’s Hip-Hop Executive of the Year in 2020.
Kevin Liles and his wife Erika Liles have been married since 2010 and are the proud parents of two young children. In addition, Liles is the father of two young children from a prior relationship. Kevin Liles also had a relationship with actress Sandye Lomax before marrying Erika Liles.
Kevin Liles is a well-known figure in the American music industry and the co-founder and CEO of 300 Entertainment. As of October 2022, it is estimated that Kevin Liles has a net worth of $60 Million. His main source of money comes from the record label he owns, 300 Entertainment. Kevin and Erika Liles have been married since 2010, and they have two young children.