We built our business on family values. I didnt ask them to do 50% of the work I asked them to only do 10% of the work. Were very organic people either we connect with you or we dont. Within six years the company they formed, CP Music Group, had become the dominant independent hip-hop and R&B label in Canada, and scored Belly his first gold record and Juno Award (the countrys Grammy equivalent). The rapper, songwriter and hitmaker is in negotiations with SALXCO, the management company headed by Wassim Sal Slaiby, for representation, Variety has learned. He also manages other artists on the label, including singer Black Atlass and rappers Belly and Nav. UMG is taking UAMs prospects seriously at the highest level. The most recent addition to Slaibys business interests, though, has a truly special place in his heart. Another person in a different situation might [have a deal with a major and] be like: Im getting killed! My first [distribution] deal I signed for a label [CP Records ] was 90/10. Despite the dust-up, the two saw in each other worthy adversaries and potentially powerful collaborators and joined forces. Discover Wassim Sal Slaibys Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. I lost a lot of family members and I couldnt wait to leave. Those are just a few of the artists handled by the rapidly growing Salxco, the management-and-more concern founded by Wassim Sal Slaiby. [16] Through SALXCO, Slaiby manages the artists signed to XO Records, including singer Black Atlass and rapper Nav, and other artists and producers such as Doja Cat, Diddy, Nicki Minaj, London On Da Track, Ali Gatie, Harry Fraud, Metro Boomin, Bebe Rexha and Swedish House Mafia. The head of the Vatican had heard about my wife and I, and the great difference our love was making in the world. But Slaiby had set his sights higher. Wassim Slaiby is a Lebanese-Canadian music executive and manger with an estimated net worth of $5 million. When I brought the idea to the [Universal] team, it was a pretty aggressive [response]: We love the idea, lets put [UMGs] name, the logo, and embed the word Arabic in it., Even if another label breaks the biggest Arabic star globally, Ill be the first person to applaud., It wasnt just lets call the label Desert Storm or something. He co-founded XO records and through the label, singer, the Weeknd released his first three mixtapes, House of Baloons, Thursday, and Echoes of Silence. Wassim "Sal" Slaiby was born on 16 November, 1979 in Lebanon, is a CEO,Talent manager,Investor,Philanthropist. XO works in partnership with Republic Records and Universal Music on The Weeknds output, including his smash 2020 album After Hours. Slaiby was the co-founder of CP Music Group, as well as a partner in the Maverick consortium. Yes, Scream VI Marketing Is Behind the Creepy Ghostface Sightings Causing Scares Across the U.S. David Oyelowo, Taylor Sheridan's 'Bass Reeves' Series at Paramount+ Casts King Richard Star Demi Singleton (EXCLUSIVE), Star Trek: Discovery to End With Season 5, Paramount+ Pushes Premiere to 2024. XO RECORDS CEO Wassim 'Sal' Slaiby In Collaboration With Global Citizen I got into the business because of him saying, Why dont you manage us? Slaiby recalls. [30] In November 2018, he canceled his annual birthday party as a result of the deadly wildfires in California and urged his followers in an Instagram post to donate to the Los Angeles Fire Department and the California Community Foundation's Wildfire Relief Fund. They both knew this might be the last time they ever saw each other. [25] In 2018, he joined the board of HXOUSE, an incubator founded by La Mar Taylor, Belly and the Weeknd consisting of a 30,000-square-foot space facility located near Toronto's waterfront that provides studio rooms and offers equipment needed for recording, designing, and producing at a low cost for young artists. interviews for his cover story earlier this year. Republic Records and its parent company UMG founded the new label in partnership with music executive Wassim "Sal" Slaiby (pictured above, left), whose SalXCo manages the Weeknd, Doja Cat . XO Records was later assume by Universal Music Group as a subsidiary label after the Weeknd signed with Republic Records. Wassim: Name Meaning, Popularity and Info on BabyNames.com The Weeknd has since become one of the worlds biggest acts next set to headline the biggest stage for a musician, the Super Bowl halftime show. We grew up with one another and were here now, together. Model Rima Fakih Slaiby Bio, Marriage, Husband, Kids, and Net Worth Social Media Instagram: @salxoTwitter: @ceosal We actually knew each other when I was with someone elses management and wasnt in a great position. He is the current CEO of the XO record label and is the manager of the label's primary artist, The Weeknd. Many people ask this question about the money Wassim "Sal" Slaiby makes from Facebook. Throughout an hour-long interview with MBW much of it to discuss his new Arabic Music label JV with Universal Slaiby barely drops his cheering grin once. The Weeknd Manager SAL Visits the Pope: Photos - Billboard Wassim Sal Slaiby (@salxo) Instagram photos and videos Variety has reached out to reps for Minaj, Slaiby and Azoff for comment. [10][11], In 2011, Slaiby founded his own artist and talent management company SALXCO, and later sold the CP Music Group to Live Nation. Rapper Belly and singer Massari were the first artists signed to the new record label by Slaiby. Slaiby began operating as SAL&CO/Maverick at that time, as well. Plus, hes very family-oriented and Im like that, and I trust him like a family member. [27], In 2019, Slaiby became an investor of the music-focused social video platform Triller. Im just so happy I get to do this now with the team I started with, all my friends. In August, when a massive explosion in Beirut killed more than 200 people and caused more than $15 billion in damage, Slaiby and his wife Rima, who is also Lebanese, immediately sprang into action. Wassim Joseph Slaiby ( Arabic: ; born November 16, 1979), better known as Sal (usually stylized in all caps ), is a Lebanese-Canadian music industry executive, talent manager, entrepreneur, and philanthropist. His father died. [3], Slaiby is also the founder of his management company SALXCO, through which he also manages artists such as Doja Cat, Bebe Rexha, Nicki Minaj, Sean "Diddy" Combs, French Montana, M.I.A., Swedish House Mafia, Ty Dolla Sign, Brandy, Sabrina Claudio, Christine and the Queens and Nasri. This site is protected by reCAPTCHA Enterprise and the Google, Visit Billboard Pro for music business news, Ticketmaster Cancels Sugas Verified Fan Presale & General Ticket Onsale: ARMYReacts, Bryce Hall Joins Michael Buble, Snoop Dogg, and Ryan Kavanaugh As Partners and Investors in One of the Fastest-Growing Dog Product and FoodCompanies, Best Gifts for Beliebers: Justin Bieber Merch on Amazon You Need to CheckOut. [4][5] Slaiby was the co-founder of CP Music Group, as well as a partner in the Maverick consortium. It meant the world to me.. Use of this website constitutes acceptance of our Terms Of Use and Privacy Policy. Even if another label breaks the biggest Arabic star globally, Ill be the first person to applaud. We have a lot of new stuff to come out. This was a label I started in 2003 and about 10 years later I sold it to Live Nation, probably one of the biggest ever independent labels sold in Canada. 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Rowling More Grace and Listen to Her, Britain's $4 Billion Boss: ITV Chief Carolyn McCall Bets It All on Talent, 2023 Music Festivals: How to Buy Tickets to Coachella, Governors Ball, Lollapalooza and More. And everybody was very happy. These worrying stats send a clear message: The music biz needs a Spotify price rise now. Sign up for Varietys Newsletter. In late 2012 around the time The Weeknd released his album Trilogy, Slaiby began co-managing the singer with Amir "Cash" Esmailian. Were at fifty or sixty people now, but to be honest with you, I never count how many staff members we have, he says. It co-founded in 2002 as Capital Prophets Records by Lebanese-Canadian entrepreneur Wassim "SAL" Slaiby and Palestinian-Canadian songwriter Belly. [28] In April 2019, he was invited as a guest speaker to the Brilliant Minds, an annual conference created by Spotify founder Daniel Ek, where he was among a panel of speakers that included former US President Barack Obama, businessman Even Spiegel, and scientist Hartmut Neven. Wassim Slaiby is a Lebanese-Canadian music executive and manger with an estimated net worth of $5 million. I say, What do you mean, bro? He says, Do you want me to sing? Im like, Uh, Im not sure? He says, What? It blows my mind. [12] Within six years, CP Music Group had become the dominant independent hip-hop and R&B label in Canada. All rights reserved. He is also the founder and CEO of Universal Arabic music, in partnership with Universal Music Group and Republic Records. His father died when Slaiby was just 10; he convinced his mother to help him emigrate to Canada when he was 15. Sal told Variety earlier this year, Our company has grown fast, but weve been grinding for almost 20 years. He added, My experience was very focused on the Canadian market, and at the time it was difficult to be taken seriously in the US, but when we started working with Abel (The Weeknd), we cracked that code and crashed through the door.. Literally sometimes I just stare at the news and I have no feeling; its like, what is that? It keeps me calm and concentrated., Get weekly rundowns straight to your inbox, A daily briefing on what matters in the music industry. We learn from each other; its a real partnership., Monte Lipman, co-founder and CEO of Republic, is unsparing in his praise of Slaiby. Ninety to us and ten to them. Worlds Greatest Managers is supported by Centtrip, a specialist in intelligent treasury, payments and foreign exchange created with the music industry and its needs in mind. The company, which has a partnership with Live Nation, also manages producers (Metro Boomin, London on Da Track, DaHeala) and houses the Weeknds XO label under its umbrella. Wassim "Sal" Slaiby Born: November 16, 1979 (age 42years), Lebanon, Wassim "Sal" Slaiby Spouse: Rima Fakih Slaiby (m. 2016), Wassim "Sal" Slaiby Board member of: Global Citizen, Wassim "Sal" Slaiby Record label: XO, CP records. Delivered for FREE, direct to your inbox each day. CP Music Group is a collaborative music label and management team for a roster of artists, songwriters and producers. Theres also SALXCO, under which Slaiby manages or co-manages The Weeknd, Doja Cat, Bebe Rexha, French Montana, Ty Dolla $ign and many more. After a while you give up; you cant just be sad and angry all the time. Here, we speak to Sal Slaiby, a hugely successful music entrepreneur and the manager of superstars ranging from the Weeknd to Swedish House Mafia and many more. Wassim "Sal" Slaiby - Net Worth February 2023, Salary, Age, Siblings A specialist in intelligent treasury, payments and foreign exchange, Centtrip works with over 500 global artists helping them and their crew maximise their income and reduce touring costs with its award-winning multi-currency card and market-leading exchange rates. Tony Sal Net Worth 2023: Money, Salary, Bio - CelebsMoney Wassim "Sal" Slaiby net worth 44.9 Million Millions of dollars 99% Net worth score Disclamer: Wassim "Sal" Slaiby net worth displayed here are calculated based on a combination social factors. Wassim "Sal" Slaiby Net Worth his net worth has been growing significantly in 2021-2022. At first I was like, Uhh, what do I do? But I guess he saw that I was very determined and serious, even though we were very young.. Then I went into the bathroom and counted the money my mom had given me over and over again to make sure Id only spent $4. The company, which has a partnership with Live Nation, also manages producers (Metro Boomin, London on Da Track, DaHeala) and houses the Weeknd's XO label under its umbrella. While many cut their losses due to economic fallout in the entertainment industry over the last year, Sal reached new heights with his main XO Records signee, The Weeknd. When I arrived in Canada, I went to eat at McDonalds. Wassim "Sal" Slaiby Biography, Age, Height, Wife, Net Worth, Family Politics is death to every culture, regardless of color. Around that time, I met Abel and got into the management business. Youre my brother! He flew in his whole band and production team and put on his best show ever. Slaiby smiles at the memory. It was, How do we take this global machine, Universal Music Group, and have them get behind Arabic music in every way?. Wassim 'Sal' Slaiby on Managing The Weeknd, Doja Cat - Variety The couple have three children, and they reside in Los Angeles. Sals focus, tenacity, and fierce support of the artist community is of historic proportions.. We want to be an inspiration to immigrants and the Black community and people who come from nothing. In the past, hes worked with entities such as Global Citizens to raise over $100K in 1 day for Lebanese communities fighting hunger amid COVID-19. [26] In the same year, he helped bring Shakira to the Cedars International Festival in Lebanon. Slaiby was born in Lebanon in 1979. We learn from each other; its a real partnership., Monte Lipman, co-founder and CEO of Republic, is unsparing in his praise of Slaiby. In 2016, Slaiby married Miss USA 2010, Rima Fakih, in a ceremony at The Patriarchal Edifice in Bkerk, Lebanon. In February 2018, he joined the advisory board of the international organization Global Citizen. An artist, label and manager relationship has to be built on fairness, trust, and understanding. The Weeknd, Doja Cat, Ty Dolla $ign, Brandy, Bebe Rexha, Nav, Bryson Tiller, French Montana thats not the top of a 2020 singles or albums chart. Anghami has proven that Arabic fans are very loyal, and that they love Arabic music and culture. I say, What do you mean, bro? He says, Do you want me to sing? Im like, Uh, Im not sure? He says, What? Yet hes the same fucking guy that he was when I met him, can you believe it? Slaiby says of his client and friend. Slaiby, who joined the Maverick management team in 2016, has been one of its biggest needle-movers. CP Music Group - Wikipedia [8] He escaped the Lebanese Civil War conflict and immigrated to Canada without family when he was fifteen years old. The best of MBW, plus the most important music biz stories on the web. He and Sal have been seen with the Blessed starlet at outings, appearances, and recording sessions in the months following her move to Florida. Learn How rich is He in this year and how He spends money? If Sal doesnt know something, hell say so and find a way to learn. Youre my brother! He flew in his whole band and production team and put on his best show ever. Slaiby smiles at the memory. I always say: compared to other problems [Ive seen in my life], our problems are easy. And the other is, never make me a wedding singer. I said, Okay, no problem., A few years later, he continues, Im getting ready to go to Lebanon to prepare for my wedding. In addition to being a beautiful person and devoted family man, its been amazing to watch his trajectory into a leading figure in our business. Please only use it for a guidance and Wassim "Sal" Slaiby's actual income may vary a lot from the dollar amount shown above. Im family-oriented I never thought Id work with someone I didnt spend Christmas with, says the new father, whos married to Rima Fakih, Miss USA 2010. As of 2023, Tony Sal's net worth is $100,000 - $1M. Were about to unfold a new chapter!, she captioned the post officially introducing Slaiby to her 4.2M Shenyengs. Remember, Im older than him, so Ive always looked at him as a younger brother. (The Weeknd was famously unbelievably robbed of Grammy nominations for the record, but he finished 2020 as UMGs biggest revenue-generating artist worldwide.). I still remember that customs person; I could draw his face for you now.. Lyor Cohen: The music industry is facing one of our biggest crises to date., Per Sundin on ABBA, Pophouses acquisition strategy and why he thinks the smartest people at record companies will soon be working on catalog. Honestly, I would just tell myself to stop at the right moments and just enjoy it. Slaiby is also the founder of the managment comoany, SALXCO, where he manages top artistes and music producers which include the likes of Nicki Minaj, Doja Cat, Swedish House Mafia, Metro Boomin, Diddy, Ali Gatie and so on. Wassim Slaiby - Wikiwand He sold the company and shifted his focus to management shortly before he met an ambitious 19-year-old musician named Abel Tesfaye, who called himself The Weeknd. UPDATE: Nicki Minaj confirmed during an Instagram Live session on Wednesday that she is now being managed by SALXCO, as reported by Variety on Tuesday. Wassim Slaiby Biography: Age, Height, Wife, Wedding, Contact, Net Worth But when we started working with Abel, we cracked that code and crashed through the door!, While Slaiby first came onto the U.S. industrys radar when The Weeknds debut mixtape, House of Balloons, blew up in 2011 and led to a lucrative joint-venture with Republic the experience hed gained in Canada enabled him to grow with the artist, whose career has bounded forward every year. So, how much is Wassim Slaiby networth at the age of 41 years old? 2023 Variety Media, LLC. Even during the hardest times for us, youd think, Look at these guys, theyre crazy!