When you’re Lionel Richie’s daughter, you already know that you’ve got plenty going for you. But Sofia Richie’s net worth reveals that she’s so much more than the legendary singer’s kid. Sofia is a model, reality star, and Instagram influencer-extraordinaire. Oh, and she dated Keeping Up With the Kardashian’s Scott Disick. No biggie.
All of that means that Sofia boasts a pretty hefty net worth, especially for her age. Though some might now be wondering if the young star is earning more or less than Scott Disick after their recent breakup. Truth be told, there’s a reason why everyone calls Scott, 37, “Lord Disick”—he’s packing a lot of money under his Flip It Like Disick empire. But that doesn’t mean Sofia’s earning chump change on her own.
According to Celebrity Net Worth, Sofia Richie’s net worth is $8 million, per Celebrity Net Worth. That’s a whole $4 million more than what was previously reported in November 2019—we see you making those gains, Sofia!
After announcing her engagement to Elliot Grainge, Sofia Richie’s engagement ring was the highlight of all her social media posts, and it should be rightfully so! The model announced her engagement to the music executive on April 20, 2022, to much celebration—and she and her friends cannot stop posting about it!
The engagement ring appears to be made with an emerald-cut diamond and a large band that takes up a lot of her ring finger. The couple got engaged in Hawaii surrounded by candles on a beach and with their loved ones. The social media personality posted the moment when Grainger popped the big question on her Instagram. “Forever isn’t long enough @elliot,” Richie captioned the post. She teased the ring with a photo of their first kiss as each other’s fiancés. Tess Kemper, one of Richie’s friends, posted a picture of the couple in a loving post with the caption, “MY BEST FRIENDS ARE GETTING MARRIED 🥺♥️.” Kemper also posted a photo of Richie sporting the ring next to her face with a yellow gown that matches the splendid occasion.
Richie has dated Grainge since 2021 and both have been gushing about each other. They have truly formed a solid bond recently and Sofia loves that they don’t have any drama,” a source told E! News. “She loves how chill and calm Elliot is and they have a lot of fun together, even when they’re just being low-key at home.”
The model was previously linked to Keeping Up with the Kardashian’s alum Scott Disick, who she started dating in 2017. The two split up in 2020 after Richie the pair took a break when Scott went to rehab. By the following year, Richie started her relationship with her now-fiancé, who she knew for most of her life and who happens to be the son of music executive Lucian Grainge. The two “have been friends for years and Elliot is also close with Sofia’s brother, Miles,” an insider told Entertainment Tonight. “It’s very nice for Sofia to date someone who her family approves of and likes.”
Scott seemed content with Sofia’s engagement. The Keeping Up with the Kardashians alum was said to be happy for the model, according to a source to Us Weekly. “Scott has moved on from Sofia. It’s been almost two years since they broke up,” the source said. “He would be happy for her and just wish her well. He’s not heartbroken over this, that’s for sure. He’s way more heartbroken over Kourtney’s engagement to Travis.”
Her husband, Elliot Grainge, meanwhile has a net worth of $10 million although some publications report Elliot it’s more like $18 million. He’s the founder of the independent Los Angeles-based record label 10K Projects, which draws its name from the quote, “It takes roughly ten thousand hours of practice to achieve mastery in a field.” Their roster includes artists such as Aitch, Between Friends, Damien Styles, Taz Taylor, Lil Boom, Peach Tree Rascals and WizTheMC. Elliot’s dad is one of the most powerful men in the music industry, Lucian Grainge, who is the chairman and CEO of Universal Music Group.
ICYMI: Sofia recently made her KUWTK debut after dating Scott Disick—a.k.a. Kourtney Kardashian’s ex—for nearly three years. While we don’t have exact details about her salary, we do know that Scott makes somewhere around $500,000 per season—so we can expect Sofia was getting a pretty hefty paycheck, too. Now that she and Scott are no longer an item, however, there’s no telling whether she’ll keep her role on KUWTK at all. Honestly, there’s still a possibility given her close friendship to Kylie Jenner. But it remains to be seen!
Sofia Richie kicked off her career as a model when she was only 14, and has since worked with dozens of major brands from Chanel to Michael Kors. She’s also taken her career to print, having been featured in the likes of Vogue, Elle, Seventeen, and more.
Aside from her lucrative career as a model, however, Sofia makes big bucks from social media. Cosmopolitan.com suggests that the young star could be making anywhere up to $60,000 per post on Instagram. Add in her branded partnerships with brands like Missguided, and there’s no doubt that Sofia’s ranking in huge paychecks on the daily.
In July 2019, Richie released a line of colorful swimwear with Frankie’s Bikinis. Her collection featured tie-dye, neon colors, and bright floral patterns. In the fall of 2019, she designed a clothing line for the UK-based store Missguided called Sofia Richie x Missguided. The collection had 60 pieces, all priced between $20 and $100, and included mini dresses, tailored pieces, and classic coordinating sets.
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