Sofia Richie and Elliot Grainge Are Officially Engaged! Here's His Net Worth

Wedding bells are ringing for Sofia Richie and the new man in her life. Previously, Entertainment Tonight reported Sofia was seen sitting side by side with music executive Elliot Grainge in a car after what appeared to be a night out together. Sofia also posted a picture of the two of them together in March, officially announcing their relationship.

On April 20, 2022, Sofia announced their engagement to the world with a photo of her gorgeous engagement ring on Instagram. "Forever isn't long enough @elliot," she wrote. But who is Elliot Grainge? Here's what we know.

Elliot Grainge is a 27-year-old music executive who owns the independent label 10K Projects, which is based in Los Angeles. Elliot has worked with artists like Surfaces, Iann Dior, Internet Money, Poor Stacy, and his studio has amassed a number of platinum singles along the way. Elliot has had plenty of success on his own, but it pales in comparison to the impact his father has had on the music industry.

Elliot's father, Lucian Grainge, is the chairman and chief executive officer of Universal Music Group, one of the biggest record labels in America that has a valuation of more than $40 billion. Over the course of his career, Lucian has worked with major artists like Lady Gaga, Amy Winehouse, The Rolling Stones, and Rihanna. Instead of drafting off of his father's legacy, though, Elliot chose to parlay it into his own music label.

Although he's not yet as wealthy as his father, Elliot's current net worth is estimated to be roughly $5 million. Elliot was also listed on Forbes's "30 under 30" list, which suggests that he's already proven himself to be quite wealthy. Per Celebrity Net Worth, Sofia has a large net worth in her own right at a reported $8 million, thanks to her wealthy father. Sofia and Elliot are a well-matched pair!

Prior to dating Elliot, Sofia was in a nearly three-year relationship with Scott Disick. In April 2021, news broke that Sofia was disputing Scott's account of the reasons why their relationship ended. During an episode of Keeping up With the Kardashians, Scott suggested that Sofia had forced him to choose between his relationship with her and his relationship with Kourtney Kardashian, whom he has three children with.

“And I said like, that’s the most important thing to me is my kids and that’s my family, and the only family I have, including you guys along with it," he said. “She was like, ‘I don’t want to share you as a boyfriend with Kourtney.'”

An insider close to Sofia is now telling OK! Magazine that Scott is "twisting the truth" about what really happened with their breakup.

“It seems like Scott’s desperate for attention because of his enormous ego,” the source said. “The way Sofia sees it, she was way more accepting of Kourtney and the kids than Kourtney was of her."

Although it's clear that there's still some disagreement about how Sofia's last relationship ended, it seems that she and Scott have already moved on!