A business executive of Canadian and American descent, Michael serves as the CEO and President of Live Nation Entertainment, Inc. Rapino co-founded Core Audience Entertainment, a business that promoted concerts, in the late 1990s, and later held several positions at Clear Channel Entertainment.
Michael Rapino Biography And Net Worth
| Net Worth $120 million |
| Full Name Michael Rapino |
| Birth Date 1967 |
| Age 59 years |
| Birthplace Thunder Bay, Ontario, Canada |
| Profession CEO of Live Nation Entertainment |
| Spouse Jolene Blalock |
Michael Rapino Ealy Life
Rapino was born in Thunder Bay, Ontario, Canada in 1967 and he is 59 years old. Rapino graduated with a bachelor of administration from Lakehead University in 1989. He signed his first musician, Jeff Healey, and promoted bands at neighborhood taverns while still a student at Lakehead. Rapino relocated to Toronto following his graduation from Lakehead and started working as a sales representative for Labatt Breweries. He worked for the business for several years in various marketing and entertainment positions. Rapino established Core Audience Entertainment in the late 1990s, a Canadian company that promoted concerts. In 1999, SFX Entertainment purchased Core Audience Entertainment, and in 2000, Clear Channel Communications purchased SFX Entertainment. Within Clear Channel Entertainment, Rapino had several positions.
Michael Success
When Live Nation was separated from Clear Channel in 2005, he was later appointed CEO of that company. Rapino initially concentrated on growing Live Nation’s operations outside of tour management, including artist recording and marketing. Rapino announced deals with musicians like Jay-Z, Madonna, and U2 between 2007 and 2010. A partnership between Lady Gaga and the management arm of Live Nation was announced by Rapino in 2016. A live entertainment ticket vendor called Ticketmaster and Live Nation amalgamated in 2010. The new parent firm, Live Nation Entertainment, named Rapino CEO. Rapino has been instrumental in the company’s acquisition of several events and businesses, including Blue Note Entertainment in 2017 and House of Blues Entertainment in 2006.
He extended his deal with Live Nation in 2017 to keep working for them until 2022. In January 2018, Rapino was named to the board of directors of SiriusXM Radio. He was ranked first on the Billboard Power 100 list of prominent persons in the music business in 2018, which was also published. Rapino started making movies in 2015. He worked as an executive producer on the HBO documentaries “A Star is Born” and “Believer” in 2018.
Michael’s Wife and Kids
Rapino hired American model and actress Jolene Blalock to appear in a commercial he was filming, and they later became husband and wife. On April 22, 2003, Rapino and Blalock were united in marriage and have three sons.
Rapino Net Worth
He has an estimated net worth of $120 million as of 2022. He received a total salary of $70 million in 2017, the majority of which came in the shape of bonuses. Michael also inked a 5-year deal in 2017 that set a $9 million base pay as his annual salary guarantee. Jolene and Michael invested $11 million in trust in March 2018 to buy a magnificent home in Malibu, California. The Rapino-Blalocks alone have real estate worth at least $30 million in their possession.
Michael Rapino Height and Weight
| Height 6’ |
| Weight 70 kg |
| Eye Color Brown |
| Hair Color Black |
