Jerry Moss Net Worth
Jerry Moss net worth: Jerry Moss is an American recording executive and musician who has a net worth of $700 million. Jerry Moss earned his net worth as co-founder of A&M Records. Jerry Moss was born on May 8, 1935 in The Bronx, New York. Jerry attended Brooklyn College then spent time in the Army. After the Army, Jerry moved to Los Angeles to play the trumpet. In 1962, Jerry co-founded A&M Records with fellow trumpeter Herb Alpert (Alpert & Moss). The company was launched with a handshake and $200 from both men. Over the next 25 years, A&M would eventually grow into the largest independent record label in the world. A&M is famous for having signed many of the most successful artists of the last several decades including The Police, Cat Stevens, The Carpenters, Janet Jackson and Sheryl Crow. In 1989, Herb and Jerry sold A&M records to PolyGram for $500 million in cash. The duo would stay on for the next five years managing the company. In 1999, Herb and Jerry successfully sued PolyGram for an additional $200 million payout.
Along with his wife Ann, Jerry are very passionate and successful horse breeders. Their horses have competed very well in many prominent races around the world. One of their horses won the largest ever first place purse at the 2005 Kentucky Derby. Jerry and Ann frequently name their horses after artists or songs from A&M records.