What is Pasquale Rotella Worth?
Pasquale Rotella Net Worth: $50,000,000
We estimate Pasquale Rotella, known for founding Electric Daisy Carnival, to be worth over fifty million dollars in 2018 in part for founding his vast entertainment empire Insomniac Events. Becoming a world wide standard for dance events and cultivating an atmosphere that makes thousands of young attendees feel part of a larger family is what inspired Rotella years ago. Now Insomniac is amongst the largest players in the dance music industry with no signs of slowing down.
Rotella was born in Glendale, California on August 8, 1974. He grew up in the Pacific Palisades with his parents. They owned a deli shop in Venice, California where Rotella worked as a busboy.
Rotella started throwing parties in 1992 in Los Angeles. He set out to create the best events possible. In 1993 he dubbed his parties under Insomniac and charged $5 for weekly underground raves. In 1994, despite police raids and illegal trespassing different warehouse event, Rotella's raves were extremely popular. His underground raves grew to a routine 4000 people attendance. In the mid-90's, he went on to expand his events to Noctural Wonderland in East Los Angeles and Organic 96' in the San Bernardino Mountains.
In 2007, he was able to work out a deal to host the first Electric Daisy Carnival at LA Coliseum. The festival went from hosting 29,000 people to 120,000 in a two short years. The event has since been re-located to a motor speedway in Las Vegas. In 2013, Rotella sold a 50% stake in Insomniac Events for $50 million dollars to Live Nation. He also teamed up with Interscope Records to form insomniac Records, an electronic music label.
Pasquale Rotella married Holly Madison in 2013. They have one daughter named Rainbow Aurora Rotella and one son, Forest Leonardo Antonio Rotella.
Posted on January 21 2018
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