12 Facts About Steve Stoute

1.

In 2017, Steve Stoute received $70 million from investors such as Alphabet Inc and Andreessen Horowitz to launch UnitedMasters, a music venture.

2.

In 2008 Stoute worked with Mary J Blige to co-found the Foundation for the Advancement of Women Now.

3.

From 1990 to 1999, Steve Stoute was an executive at several labels in the music industry.

4.

In June 1999, Steve Stoute sued Combs, resulting in a $500,000 out-of-court settlement from Combs.

5.

In 2010, Steve Stoute was recognized as "Innovator of the Year" at the ADCOLOR awards ceremony, an initiative launched by the ADCOLOR Industry Coalition, to promote increased diversity in the advertising, marketing and media industries.

6.

In 2013, Steve Stoute was named "Executive of the Year" by Ad Age, the leading publication for the advertising and marketing industries.

7.

In 2005, Steve Stoute became the Managing Director and CEO of Carol's Daughter, a line of natural hair and body care products created by Lisa Price in Brooklyn, NY.

8.

Steve Stoute formed a board of investors including Jada Pinkett Smith and Will Smith, Jay-Z, Mary J Blige, Jimmy Iovine, Tommy Mottola, and Thalia and a bevy of spokeswomen for the line include Mary J Blige, Solange Knowles, Cassie Ventura, Selita Ebanks, Kim Fields, and Jada Pinkett Smith.

9.

Steve Stoute has appeared in the HBO series and book "The Black List Project," featuring interviews and portraits with leading African American figures on being Black in America.

10.

Steve Stoute released his first book The Tanning of America: How Hip-Hop Created a Culture That Rewrote the Rules of the New Economy in 2011 through Gotham Books.

11.

Steve Stoute has been the keynote or featured speaker at many notable events including the International Consumer Electronics Show, the Sundance Film Festival, South by Southwest, Fast Company Innovation Uncensored, and AAF's ADMERICA.

12.

Steve Stoute appeared on the main stage at the Cannes Lions International Festival of Creativity with Sean Combs in 2013, and again with Kanye West and Venture Capitalist Ben Horowitz in 2014.