Steve Rifkind Net Worth is$200 Million
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Profession: Entrepreneur

Date of Birth: Mar 2, 1962

Steve Rifkind is the founder and CEO of Loud Records and SRC Records, with a net worth of $200 million. Steve Rifkind earned his net worth as a music entrpreneur, Vice President of Universal/Motown Records, as well as his investments in the Coalition Music Group. He was born in Long Island, New York U.S.
Steve Rifkind is a music entrepreneur who is, according to XXL magazine, "responsible for breaking in some of hip-hop's biggest artists in his 25 years in the business". Rifkind was the founder and chairman of Loud Records as well as the founder and current chairman and CEO of SRC Records. He is associated with artists such as Wu Tang Clan, Mobb Deep, Akon, David Banner, Asher Roth, Tha Crow, Joell Ortiz and Big Pun. Rifkind has also launched marketing campaigns for companies like T-Mobile, Adidas, SanDisk and Chief Executive Air, a charter jet company .
The son of Spring Records' Jules Rifkind, Steve found an early affinity to R&B and Rap music growing up in Merrick, Long Island. The elder Rifkind ran the R&B label in the 1960s and 1970s, whose clients included James Brown and Millie Jackson. In his youth, Steve worked for his father at Spring, even working as a promotion man on "King Tim III (Personality Jock)" by the FatBack Band in 1979. Widely regarded as the first rap song ever recorded (it beat Sugarhill Gang's Rapper's Delight into record stores by weeks). After leaving Spring Records, Rifkind re-located to Los Angeles where he managed the R&B group New Edition from 1986-1988.
As the CEO and founder of Loud Records in 1991, Rifkind positioned himself as a major tastemaker in a new era of hip hop music and culture. Designed as a bi-coastal hip-hop label focused on "street-themed" hip-hop, Loud was influential in launching the careers of several hip-hop stars in the early and mid-1990s; most notably the Wu-Tang Clan, Mobb Deep, Three 6 Mafia, and Big Punisher. With Loud, Rifkind used the techniques he had developed at SRC to bring his artists success in branding and cross-promoting themselves. Among others, Loud's holdings included a film division and a clothing line.
Loud's success led to Rifkind's selling 50% of the company to RCA in 1996. In July 1999 Loud moved to Sony. Loud launched its film division in 1999, signing a multi- year pact with Dimen

Steve Rifkind Latest News

Universal Music Group taps YouTube talent with new record label

The music giant has partnered with TV producer Brian Robbins and music entrepreneurs Russell Simmons and Steve Rifkind to form a new record label focused on acts that have already earned popularity on YouTube. The label, called Awesomeness Music ...
Posted: July 21, 2014, 1:31 pm

Steve Rifkind

Steve Rifkind and Melanie Fiona - Steve Rifkind, Melanie Fiona Boca Raton, Florida - Think Pink Rocks - Arrivals at the Mizner Park Amphitheatre Saturday 5th November 2011 Steve Rifkind and Pink Saturday 9th October 2010 Think Pink Rocks concert to benefit ...
Posted: February 14, 2015, 3:02 am

Steve Rifkind Explains Shunning 360 Deals & Urges Executives To Stop Being Lazy

The past few decades have been quite kind to legendary music executive Steve Rifkind. Since the early days of working with his father Jules Rifkind at Spring Records, Steve has always had a special ear for the best urban music had to offer. Growing-up ...
Posted: August 14, 2014, 1:30 am

Steve Rifkind, Loud Music and SRC Records Founder, Leaves Universal

The music industry veteran, whose label is home to Melanie Fiona, Ray J, Akon and Asher Roth, exits with more than a year left on his contract. Will his roster follow? Steve Rifkind, Chairman and CEO of SRC Records, is leaving SRC Records/Universal as of Sept.
Posted: July 31, 2012, 4:57 pm

Music Discovery Platform WAV Partners With The Orchard (EXCLUSIVE)

WAV, the Los Angeles-based music discovery app and artist platform which counts Steve Rifkind, formerly of Loud Records, as a principle, has partnered with Sony Music’s The Orchard for digital and physical distribution. WAV artists, which are primarily ...
Posted: July 31, 2017, 3:30 am
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