Monique Idlett is the creator of the early-stage investment company Reign Venture Capital, which helps female and minority-owned businesses. She has led both Mosley Brands and Mosley Music Group, the label that has produced platinum performers such as Nelly Furtado, One Republic, Chris Cornell, and Keri Hilson.
She has also worked extensively for the non-profit organization Always Believing and as a trustee of Boys & Girls Club America. Her name previously had superpowers in the entertainment world, and she was named one of Gotham Magazine’s Powerful 100. The astute investor has also shared her expertise and knowledge with the creators of the successful TV program Empire.
And she was formerly married to multi-platinum, multi-Grammy award-winning producer, rapper, songwriter, musician, and record executive Timbaland.
The Origin Story
Monique Idlett was born on April 30, 1974, in the suburbs of Atlanta, Georgia. Her mother, a single mother who lived money to paycheck, reared her in Perth Amboy, New Jersey. Idlett has mentioned occasions when her mother didn’t get paid until Friday, but the electric bill was due on Thursday, so the family went without power and relied on candles to light the home.
She claims that they often warmed the home during the frigid New Jersey winters by leaving the stove open or by wearing more layers if the stove was too expensive. Monique became pregnant with her first kid not long after graduating from high school.
Demetrius Idlett, her firstborn son, went on to start the fashion and art business D’MXCI. He also attended Barry University in Miami-Dade County, Florida. Monique returned to college not long after the birth of her son. She worked odd jobs and frequently had to bring her kid to work with her whenever feasible.
Monique became pregnant again shortly after graduating from college, this time with a boy called Frankie. Frankie Idlett grew up with a passion for basketball, playing throughout high school and preparing for a collegiate basketball career after graduating from high school in 2021.
Monique leverages the trauma she suffered as a kid and adolescent to fuel her desire as an adult, which has led to her great success.
A New Era
She was working somewhere between raising two young sons, graduating from university, and keeping her young family financially viable. She landed a position at USA Today as a senior sales executive. She was USA Today’s youngest executive at the time, and the first to land a Coca-Cola commercial campaign.
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She developed ties with employees at Home Depot, Motorola, Minute Maid, Turner Networks, Ford, and Lincoln. She progressed from sales and marketing to public relations. She attracted her own clientele under her own brand, including a young Kanye West.
She has developed public relations and marketing initiatives for household brands such as Verizon, TI, and Timbaland.
Working with Tim “Timbaland” Mosley began as a friendship, but soon grew into a love match. By 2004, the couple was dating, and by 2007, they’d had a daughter, Reign Mosley. Timbaland proposed to his hugely pregnant girlfriend Monique during her baby shower. Monique and Timbaland married in June 2008 in Oranjestad, Aruba.
Their 400-person guest list featured hip hop legend Missy Elliot, singer Keri Hilson, and Pharrell Williams. Monique Idlett was no trophy wife when she married the multi-Grammy winner. She contributed a lot to the table, including leading the rap icon through the formation of the Mosley Music Group.
Timbaland’s own label, an imprint of Interscope Records (and eventually Epic), would house some of the greatest stars in 2000s music. Unfortunately, after five years of marriage—and a total of ten years together—the couple called it quits. Idlett filed for divorce, alleging irreconcilable differences and that she had difficulty persuading Timbaland to remain loyal.
Monique Idlett’s Net Worth
Idlett made the most of her money by starting and managing Reign Venture Capital and working at USA Today. Monique was the CEO of both Mosley Brands and Mosley Music Group for over a decade. She oversaw the formation of massive partnerships with Pepsi, Mini Cooper, Gucci, and Rockstar Games.
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She also continued to act in the best interests of people who suffered as she did. She founded the Always Believing Foundation to help minorities in America. Through education, she tried to battle childhood obesity and promote healthy lives.
When Record producer, songwriter and rapper, Timbaland's wife Monique Idlett wore St. Pucchi at their wedding…She looked stunning! https://t.co/8gZhgkPF4a#timbaland #wedding #bride #bridal #bridaldress #bridalgown #weddinggown #yourbridalstyle #stpucchi #ranistpucchi pic.twitter.com/HbQJkJaBsC
— Rani St. Pucchi (@rani_stpucchi) September 24, 2020
In 2014, she was appointed as a national trustee for the Boys and Girls Clubs of America, and she sat on the board of directors for The Miami Bridge, a shelter and counseling program for at-risk adolescents. “I constantly urge folks to surround themselves with like-minded people,” Monique told Entrepreneur.
As a result, entrepreneur Monique Idlett’s net worth is estimated to be $200 million.