Benny Medina is an American music producer, talent manager, and record executive who has a net worth of $30 million. He is best known for appearing on ‘Fresh Prince of Bel-Air’ and as a current CEO of Medina Company. He has worked with artists such as Mariah Carey, Jennifer Lopez, and many others. Let us find out about this public figure’s career highlights and how he spends his millions.
What is Benny Medina’s Net Worth?
|Net Worth:||$30 Million|
|Full Name:||Benny Medina|
|Profession:||Music Producer, Talent Manager|
|Annual Income:||$5 Million+|
|Country:||Music Industry, Brands|
Benny Medina Net Worth Growth
|Net Worth in 2023||$30 Million|
|Net Worth in 2022||$28 Million|
|Net Worth in 2021||$25 Million|
|Net Worth in 2020||$22 Million|
|Net Worth in 2019||$18 Million|
Medina was born on January 24, 1958, in California to Dominican parents in a poor family. The death of his mother and abandonment by his father resulted in him being in countless foster homes and was subsequently taken by his aunt.
He became friends with a wealthy white teen and his family allowed him to live in their garage in Beverly Hills. He also attended Beverly Hills High and got a chance to star in The Fresh Prince of Bel-Air.
Medina initially joined a singing group called Apollo and released an album on Gordy/Motown in 1979. Medina co-wrote some of the tracks, The Temptations, Rick James, and Smokey Robinson, who was the lead singer for these tracks. These were produced by Ray Motown. He became the head of AR&R for Motown at the age of 24 and was a protégé of Berry Gordy.
He then moved to Warner Bros. Records and was asked to cultivate positions of VP and GM with popular artists such as Madonna, Ray Charles, Babyface, Fleetwood Mac, Queen Latifah, Biz Markie, Roxanne Shante, Monie Love, Paul Simon, Prince, and many others.
He left Warner Bros. and formed Medina Entertainment which became full-time service management and production company. They had worked on films such as Maid in Manhattan, Above the Rim, and Booty Call.
In 2009, it changed its name to the Medina Company. Medina launched Jennifer Lopez’s music career in 1999 along with Tommy Mottola but was fired by Lopez. He however resumed working with Lopez in 2008 and is also a godparent to her twin children.
Benny’s net worth is estimated to be $30 million.
His other popular clients include P.Diddy, Tyra Banks, Mariah Carey, Usher Raymond, and Brandy Norwood. He also managed the singer Vanessa Daou from 1996 to 1998 and was signed to MCA Records and released an internet-only album titled ‘Plutonium Glow.’
The talent manager has had multiple sexual assault allegations over the years. Jason Dottley has allegedly reported that Medina raped him in December 2008. He came out to accuse Medina after Kevin Spacey reported a similar incident and gave him the courage to do the same. However, Medina denied these allegations.
|Net Worth||$30 Million|
|Date Of Birth||January 24, 1958|
|Income||$5 Million (Annual)|
Medina is openly gay and was ranked as one of the Top 50 Gays to come out and ranked No.48. His dating life has been private and is not known to the public.
Benny Medina Net Worth
As of 2023, Benny Medina’s net worth is estimated to be $30 million. He is the current CEO of The Medina Company. Most of his income comes from ‘The Medina Company’ and he is the current SEO of the company.
He previously owned property by Will Smith which he bought for $3.5 million and sold for $12.95 million. The house was a mid-century modern house with lots of amenities and took five years to renovate the same.