What is Monique Idlett-Mosley's net worth? Meet the 'Undercover Billionaire' entrepreneur once married to Timbaland
Everybody dreams of making it big. Who wouldn't want to be a billionaire, after all? There's always the misconception that becoming one isn't entirely possible unless you're born into money or are from a financially wealthy. But that's not always the case, seeing that skill, prowess and hard work can often get you there.
While talk is cheap, there are a few people out there, ready to put their money where their mouth is... One of them happens to be Monique Idlett-Mosley.
An entrepreneur on Season 2 of 'Undercover Billionaire', she will be sent off to Tacoma in Washington — armed with only a cell phone (minus contacts), $100, her years of expertise and 90 days to start a successful business. She will be joined by real-estate titan Elaine Culotti and marketing and sales wiz Grant Cardone - each of them will take on the same challenge individually, in different parts of the country.
While the race is on to see who comes out on top, here's a look at Monique Idlett-Mosley's illustrious career and why you should be rooting for her.
Monique was formerly married to artist Timbaland
The couple were together for roughly 10 years and married for five. During their marriage, Monique filed for divorce twice, once in 2013 and then again in 2015, due to the rapper's infidelity. Timbaland has a net worth of $75 million as of 2017.
She was the former CEO of Moseley Music Group
A music Mogul, Monique ran the Moseley Music Group with her former husband, Timbaland. She served as the CEO for fourteen years and the firm was responsible for handling some of the biggest names in the industry, such as One Republic, Nelly Furtado and Chris Cornell. The label has gone on to sell 40 million singles with a range of artists.
She founded Reign Ventures, a $25 million venture capital firm
She's also the founder of Reign Ventures, an investment firm that aims to help women and minority-led startups, empowering young entrepreneurs to create their multimillion-dollar businesses. Through her company, Monique has helped generate sizeable funds for the startup companies she’s collaborated with, ensuring that these young business owners are on the path to success.
She started her career at USA Today
Before starting and running her own businesses, Monique directed and developed sales and public relations strategies for many A-list celebrities and companies, such as Kanye West, Verizon, Burrell Communications, TI and Timbaland. She joined USA Today, where she climbed up the ranks, going from advertising executive to VP at the company.
Monique is not a billionaire... yet
The rules for Monique's run on the show is the same as Season 1 — she will be going to the city of Tacoma in Washington state, where she will pose as Monique Lemai, a woman who wants to start a business with only $100, a cellphone and a car. Monique has to do so in 90 days. And while that seems like an interesting challenge, truth is, Monique is a millionaire, for now.
She believes it's only a matter of time till that changes, and she's willing to put in the work, even if it means she has to learn the basics and start a business from scratch. As of 2021, her net worth is estimated to be approximately $200 million.
'Undercover Billionaire' Season 2 and the new series 'Undercover Billionaire: Comeback City' premiere tonight, January 6, at 8 pm and 10 pm ET/PT, respectively, on Discovery.