Monique Idlett gains global recognition as an entertainment pioneer. Her strength and sway come from a unique combination of business know-how and innovations. She brings to the table years of unimaginable accomplishments as the founder and CEO of Reign Venture Capital.
Her works and experiences transverse areas like entertainment, marketing, press, and entrepreneurship. She is the brain behind the formation of Mosley Brands and Mosley Music Group (MMG), serving as CEO.
And managing famous artists like One Republic, Nelly Furtado, and Chris Cornell. Under her watch, the MMG artists were RIAA certified platinum 64 times and RIAA certified gold 22 times.
She is currently on a mission to launching a career on TV as a reality star. She is one person in many shades.
10 Fascinating facts About Monique Idlett
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1. Who Is She?
She was born on 30th April 1974 in one of the cities in the United States of America. The business mogul and rating reality star grew up together alongside her two siblings. Life gives her its blows when her father died when she was just 19. From that moment onward, life became a struggle.
Monique takes full family responsibility, taking care of her siblings. Despite that, she went to school. She is an alumnus of George Washington University. After her degree program, she went and obtained an MBA.
2. She Had Her First Child At 18
Before the death of her father, she had a relationship with someone that results in the birth of Demetrius Mosley. Becoming a parent at such a young age is what scares most young adults. But, Monique accepts it as part of life and did a brilliant job caring and providing for her son.
3. Lunches Her Career At 22
While holding all the stones life throws her way, she begins to work as a young woman. At the age of 22, she secures a senior-level job at USA Today after convincing the VP of the firm to get hired for the position.
Incredible as it sounds, she made history by becoming the first-ever African American senior executive at the company. She spends 7 years working for the publication. And went on to start her private marketing firm within the company.
4. She Co-Founded A $25 Million Firm With Her Friend, Erica Duignan Minnihan
Monique teams up with her college friend Erica Duignan Minnihan to found an investment firm in the name of her daughter. Reign Venture Capital seeks to provide help to businesses owned by women and start-ups led by minority groups. The firm started operations in 2017.
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5. Her Marriage And Divorce With Timbaland
Oftentimes, friendships and relationships are forged by business partnerships. Business brings Monique and Timbaland together. It didn’t stop there until a relationship was built. It leads to the two having a daughter, Reign Mosley in November 2007.
She and the famous music producer walks down the aisle in 2008, after Timbaland proposes during their baby shower. The couple threw a lavish wedding ceremony in Aruba, an Island in the Netherland’s Caribbean sea.
Rather unfortunate, the marriage lasts for just 5 years. Monique files for divorce allegedly citing infidelity in 2013. For being with him for a decade, she requests a huge amount of money. The money is to cover child support, insurances, and education for her children.
After working things out, they got back together briefly. However, she files for divorce again, which officially ends the marriage.
6. She Always Gives Back To Others
It is part of her lifestyle to always give back to society. She is working with many popular organizations such as the Boys and Girls Club of America. And Asides from that. the business executive is running her own non-profit foundation known as Always Believe Foundation.
The foundation targets girls with the aim to promote their wellness through its initiatives.
7. Her First Reality Show Appearance
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Monique is just one person in many shades. She spends most of her years in the entertainment industry. But for the first time, she steps in front of the camera in the 2nd season of Undercover Billionaire.
The reality show which broadcasts on Discovery Channel follows her she goes undercover in a different city. And attempts to launch a $1 million business in 90 days, with just $100, a car, and a tank of gas.
8. She Says Vulnerability Is An Asset
Monique reveals in an interview that women and particularly black women have been taught mimic behaviors of alpha males. She says women are not allowed to do a lot of things. For her, the reality in business and life is to allow others to know what you need.
You can tell others what you need without being vulnerable by learning not to get embarrassed by the circumstances. It’s okay to be vulnerable.
9. How Rich Is Monique Idlett?
The businesswoman, investor, and entrepreneur has an estimated net worth of $200 million to $250 million according to reports. All through the years, her experience and expertise in the many areas she has manned earn her a handsome amount of money.
No one knows what she exactly earns in salary. But, as an independent woman with multiple sources of income, she has gained so much. Her net worth is expected to grow exponentially in the coming years.
10. She Is Always Speaks Her Mind
Most time people are afraid to speak their minds out for fear of being misquoted. Monique on the other hand doesn’t mind. She has often stood her ground and defends her beliefs and things she supports.
The businesswoman has a strong passion for politics and seeks an end to racism.
