Benny Medina Net Worth

Date:

Benny Medina's Net Worth as of 2024
$20 Million


Benny Medina was born on the 24th January 1958, in Los Angeles, California USA of African and American ancestry. He is a record producer, executive and talent manager, who is probably best recognized for managing Jennifer Lopez’s career. He is also known for being a businessman, as he is the owner and CEO of The Medina Company. He has been an active member of the entertainment industry since the 1970s.

So, have you ever wondered how rich Benny Medina is? According to authoritative sources, it has been estimated that the total size of Medina’s net worth is over $20 million as of mid-2016, making him one of the wealthier people in show business. He has been accumulating this amount of money through his career as a managing music artist, who has worked with some of the best musicians on the American scene. Another source of his net worth is coming from his own company.

Benny Medina Net Worth $20 Million

Benny Medina is the son of Ahmad “Benny” Medina, who was a legendary jazz drummer. Thus, under the influence of his father, Medina showed interests in the music very early, including during schooling at Beverly Hills High School.

Benny’s career beginnings trace back to the late 1970s, when he was the singer of the R ’n’ B band Appolo, consisting of Kerry Gordy, Lenny Greene, Larry Robinson and Cliff Liles; the group released one album before disbandment. Afterwards, Benny became the head of A&R of Motown records, and while there, he wrote and produced some of the most famous songs performed by The Temptations, Rick James and Smokey Robinson, among others. This had a huge influence on the overall size of his net worth.

However, he eventually left Motown records, and joined Warner Bros. records, and under director Mo Ostin, Benny worked as a producer and manager, helping the careers of such famous artists as Chaka Khan, Prince, Ray Charles, Fleetwood Mac, Madonna, and many others, which increased his net worth by a large margin.

Benny’s aspirations began to exceed Warner Bros.’ opportunities, and he started his own company, alongside his friend Jeff Pollack, called Medina\Pollack Entertainment. The company served as a management and production company, creating such projects as films “Above The Rim” (1994), and “Maid In Manhattan” (2002), among others. All of these projects contributed a lot to his net worth.

Benny has since gone solo, as the Chief Executive Officer (CEO) of the Medina Group Company, which focuses on management, and has helped jump-start careers of several famous celebrities including Jennifer Lopez, serving as her manager since 1999, Tyra Banks, Usher, and Sean ‘P Diddy’ Combs, among others, which has only added further to his net worth.

When it comes to speak about Benny Medina’s personal life, there is no information about it in the media, as he obviously keeps it private, although it is known the fact that he was in a brief relationship with singer Jennifer Lopez. His current residence is in Los Angeles, California.

Daniel Wanburg
Daniel Wanburg
As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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