To reproduce, create a RadButton on a form with the below settings. The image is any 32x32 image.
this.radButton1.Font = new System.Drawing.Font("Segoe UI", 11F, System.Drawing.FontStyle.Regular, System.Drawing.GraphicsUnit.Point, ((byte)(0)));
this.radButton1.Image = global::TestPopup.Properties.Resources.Image32x32;
this.radButton1.Location = new System.Drawing.Point(13, 13);
this.radButton1.Size = new System.Drawing.Size(131, 44);
this.radButton1.Text = "The Quick Brown Fox";
this.radButton1.TextAlignment = System.Drawing.ContentAlignment.MiddleLeft;
this.radButton1.TextImageRelation = System.Windows.Forms.TextImageRelation.ImageBeforeText;
this.radButton1.TextWrap = true;