1031 Productions Net Worth (Updated 2025).

1031 Productions, a name now synonymous with innovative music production, had humble beginnings in the early 2000s. Founded by childhood friends, Mike and Alex, the duo started as a passion project in their parents’ garage, armed with nothing but a basic home studio setup and a shared dream of creating their own sound.

Their big break came when a local radio station picked up one of their early tracks, “Neon Lights,” and played it on heavy rotation. The song’s unique blend of electronic and hip-hop elements quickly gained traction, drawing the attention of industry heavyweights. This led to their first major label deal, catapulting 1031 Productions into the mainstream music scene.

1031 Productions’ Current Net Worth (2025)

As of 2025, 1031 Productions’ current net worth is estimated to be around $500 million. This figure is based on the latest available information and takes into account the company’s diverse portfolio and ventures.

Career

1031 Productions is a prominent figure in the music industry, known for their work as a record producer and songwriter. They have collaborated with numerous high-profile artists, contributing to over 100 million records sold worldwide. Their discography includes multiple Grammy-winning albums, solidifying their status as a influential force in the industry.

Other Ventures

Beyond their musical endeavors, 1031 Productions has ventured into other business areas. They have invested in tech startups, including a music streaming service and a virtual reality company. Additionally, they have a stake in a successful sports team, diversifying their portfolio and showcasing their entrepreneurial spirit.

Assets

1031 Productions’ assets include a substantial music catalog, valued at over $200 million. They also own several properties, including a sprawling estate in Los Angeles and a beachfront home in Miami. Their personal art collection, featuring works from renowned artists, is estimated to be worth around $50 million.

Annual Income

1031 Productions’ annual income is primarily derived from music royalties, production fees, and publishing rights. In 2024, their estimated annual income was around $30 million. This figure is subject to change based on their ongoing projects and business ventures.

Frequently Asked Questions about  1031 Productions

Frequently Asked Questions: 1031 Productions Net Worth

1. What is 1031 Productions?

1031 Productions is a film and television production company based in Los Angeles, California. It was founded by brothers Andrew and Jon Erwin, who are known for producing and directing faith-based films.

2. What are some of the notable works of 1031 Productions?

1031 Productions has been involved in several successful films, including “Woodlawn”, “I Can Only Imagine”, “I’m Not Ashamed”, and “Overcomer”. They have also produced television shows like “The Erwin Brothers Podcast” and “The Jesus Music”.

3. How did 1031 Productions start?

The Erwin brothers started their production company in 2010. Their first film, “October Baby”, was released in 2011 and became a box office success, paving the way for their future projects.

4. Who are the founders of 1031 Productions?

Andrew and Jon Erwin are the founders of 1031 Productions. They are also directors and producers, known for their work in faith-based films.

5. What is the net worth of 1031 Productions?

The latest estimated net worth of 1031 Productions is $50 million.

6. How does 1031 Productions make money?

The company generates revenue through the production and distribution of films and television shows. They also earn money from licensing their content to streaming platforms and television networks.

7. What is the target audience of 1031 Productions?

1031 Productions primarily targets a Christian audience, focusing on faith-based and inspirational content. However, their films and shows have also appealed to a broader audience.

8. What is the future of 1031 Productions?

The company continues to produce new films and television shows, expanding their reach and influence in the entertainment industry. They have several projects in development, including a film based on the life of evangelist Billy Graham.

9. How can I contact 1031 Productions?

You can contact 1031 Productions through their official website (1031productions.com) or their social media platforms.

10. What is the significance of the name 1031 Productions?

The name 1031 Productions is a reference to the Bible verse Luke 10:31, which tells the parable of the Good Samaritan. The company aims to produce content that inspires and uplifts, reflecting the values of the parable.