John Reid Net Worth

John Reid is a retired music manager who was very successful in his career. Reid was born on 9 September 1949. He is mostly known as the manager of the “Queen”, which is the British rock band. He is also known as an ex-boyfriend of singer Elton John. Well, Reid has a net worth of $80 million dollars.   

Reid Jr. was born to John Reid and Betty in Scotland. His father was a welder and his mother was a shop worker. Basically, he grew up in the Gallowhill district, Paisley. But he spent three years of his childhood in New Zealand.

Reid got introduced to popular singer Joe Egan as well as Gerry Rafferty when he attended St Mirin’s Academy. When Reid was 16 years old, he appeared at Stow College in Glasgow to study marine engineering. But he didn’t continue his study, and then he moved to London in 1967.

John Reid: At a Glance

Career:

In 1967, Reid started his music management career when he was only 18. Reid befitted the Tamla Motown label manager for the United Kingdom. With a £5,000 loan, he developed a company in the year 1971. 

Reid got introduced to Elton John at a party, who later became a romantic as well as business partner. In fact, John was the first client of Reid. However, their business relationship ended over after a certain time. From 1970 to 1998, Reid made a profit of more than £73 million through his company by representing John. 

In 1974, he was accused of throwing champagne to the face of a host at a party in New Zealand. He was also accused of punching Judith Baragwanath at a night club, who was a model as well as a journalist based in Auckland. Reid was sentenced to a month in prison.

John Reid performed as a manager for Michael Flatley who was an Irish Dancer in 1994. He even got paid around £1 million from Michael Flatley. 

Finally, in 1999, he retired from management. Later in the year 2005 as well as 2006, he performed as an observer on a TV music competition along with Kate Ceberano as well as Mark Holden. 

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