As a singer, songwriter, and producer, Rico Love net worth reflects his successful and influential career in the music industry. Known for crafting hits with major artists like Usher and Beyoncé, Rico Love has not only made a name in music but has also built a steady income through his label, Division1 Records.
With a career spanning over two decades, his achievements have earned him respect and wealth, which we’ll explore here at AndoMoney.
With close partnerships and industry awards, we’ll take you through the key moments that built his financial success, along with his journey, accomplishments, and impact on the industry.
Our site is committed to offering insights and perspectives on well-known celebrities like him to bring you closer to the lives and finances of your favorite stars.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Richard Preston Butler Jr. |
| Popular Name | Rico Love |
| Gender | Male |
| Birth Date | December 3, 1982 |
| Age | 41 |
| Parents | Divorced parents |
| Siblings | N/A |
| Birthplace | New Orleans, Louisiana |
| Nationality | American |
| Ethnicity | African American |
| Education | Florida A&M University |
| Marital Status | Married |
| Spouse | Robin Thompson |
| Children | Carys Preston, Believe Beyond |
| Dating | N/A |
| Net Worth | $14 million |
| Source of Wealth | Songwriting, producing, Division1 Records |
| Height | 5 ft 11 in (1.80 m) |
What is the Net Worth of Rico Love in 2024?
Rico Love’s net worth in 2024 is estimated to be around $14 million, a testament to his success in both songwriting and record production. His financial achievements place him alongside notable figures in the music industry, many of whom he has collaborated with or influenced through his work.
Rico Love’s earnings come from his work with high-profile artists, his record label, and his unique contributions to albums that have seen Grammy-level recognition. Below is a list of industry peers and collaborators who similarly hold noteworthy net worths:
- Usher
- Beyoncé
- Nelly
- Trey Songz
- Jamie Foxx
- Fat Joe
- Kelly Rowland
- T.I.
- Chris Brown
- Fergie
For more on other top-earning singers, visit our richest singers page.
Rico Love Salary and Finance Overview
Key Milestones in His Career Journey
Rico Love’s career began with a passion for music cultivated early in life, leading to his pursuit of an education at Florida A&M University. His connection with Usher served as a catalyst for his success, allowing him to contribute to Usher’s album Confessions, which won Grammy recognition.
This album’s achievements alone played a significant role in boosting his net worth and establishing him as a reputable name in the industry.
Contributions to Popular Music and Major Songwriting Successes
Throughout his career, Rico Love has written for high-profile artists and contributed to significant albums, often serving as a vital part of their commercial success.
Tracks like Sweet Dreams for Beyoncé and There Goes My Baby for Usher are only a few examples of his ability to create timeless hits. Each collaboration and single brought financial rewards, which consistently supported his growing reputation.
Record Label and Business Ventures
In 2010, Rico Love launched his label, Division1 Records, initially in collaboration with Universal Motown before moving it under Interscope Records.
The label brought him substantial income and a degree of independence, signing artists like Young Chris and Teairra Marí. This venture showcased Rico’s entrepreneurial side, highlighting a business acumen that contributed to his financial stability and impact on the industry.
Awards, Recognition, and Industry Acclaim
Rico’s awards and recognitions, including multiple Grammy nominations and Billboard rankings, serve as a testament to his career’s success. In 2010, he was honored by Billboard as a top Hip-Hop Songwriter, Producer, and Publisher.
His work on Beyoncé’s album I Am… Sasha Fierce, for which he won a Grammy, further elevated his standing and contributed significantly to his wealth.
Influences and Musical Style
Rico’s style is informed by influences from Usher, Sean Combs, and Michael Jackson. Known for his spontaneous songwriting process, he attributes much of his success to his ability to craft lyrics naturally without written notes.
His method has contributed to the high volume of successful tracks he’s penned, ensuring him a top spot in the industry’s songwriting landscape.
Personal Life and Background
Raised in New Orleans, Milwaukee, and Harlem, Rico Love’s life is marked by a commitment to both his family and his music.
He is married to Robin Thompson, and they have two children. The support from his family life serves as inspiration for many of his works, enhancing his music’s depth and earning him loyalty among fans.
Legacy and Ongoing Impact in the Music Industry
His influence extends beyond his immediate contributions to music, as he has also inspired a new generation of artists and producers.
With a career that continues to grow, his role in shaping the sound of modern R&B and pop is undeniable. His label and ongoing collaborations promise that his impact will remain significant in the music industry.
FAQs about Rico Love
Where was Rico Love born?
He was born in New Orleans, Louisiana.
Which record label did he found?
He founded Division1 Records, initially under Universal Motown and later affiliated with Interscope Records.
Who are some notable artists he has worked with?
He has collaborated with artists like Usher, Beyoncé, Nelly, Kelly Rowland, and Trey Songz.
What awards has Rico Love won in his career?
He has won Grammy Awards for his work, notably on Beyoncé’s album I Am… Sasha Fierce.
How did Rico Love start his career in the music industry?
His career started through his association with Usher and work on the Grammy-winning album Confessions.
What is his method for writing songs?
He uses a unique method, creating lyrics and songs spontaneously without writing them down.
What are his main sources of income?
His income comes from songwriting, producing, and his record label, Division1 Records.
Who are some of his biggest influences?
His musical style has been influenced by Usher, Michael Jackson, Sean Combs, and Elton John.
What are his plans for the future?
He aims to continue producing music, expanding his label, and collaborating with established and upcoming artists.
Conclusion
Thank you for reading this in-depth look at Rico Love net worth and career highlights. To explore more content on celebrity finances, visit AndoMoney, where we discuss the lives and finances of your favorite stars. Leave a comment or share your thoughts!
