Jimmy Iovine Net Worth

How much is Jimmy Iovine Worth?

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Jimmy Iovine Net Worth
Net Worth:
$950 Million
Date of Birth
March 11, 1953
Place of Birth
Brooklyn
Profession
Record producer, Music executive, Musician, Film Producer, Businessperson, Entrepreneur

Jimmy Iovine net worth: Jimmy Iovine is an American music producer and entrepreneur who has a net worth of $950 million. Jimmy Iovine was born on March 11, 1953 in Brooklyn, New York. He is first became internationally famous as the chairman of Interscope-Geffen-A&M. He was also the co-founder of Beats By Dre the music electronics company that Apple acquired in May 2014 for $3 billion. At the time of the deal, which included $2.6 billion in cash and $400 million in stock, Dr Dre and Jimmy both owned 25% of the company and therefore each took home $750 million before taxes (roughly $580 million after taxes). One of the major reasons Apple was interested in the acquisition in the first place was to bring Jimmy on as an executive to help them navigate the media world in future negotiations over music and video licensing deals. Iovine got his start in the music industry as a recording engineer, but his interest was always in the area of music production. That interest turned into reality for Iovine in the mid-1970s when his contacts with performers paid off. Jimmy helped produce albums for artists such as Tom Petty & the Heartbreakers, U2 Stevie Nicks, Simple Minds, Dire Straits, Patti Smith and more. That impressive client list brought him fame and, over time, new clients. In 1990, Iovine co-founded Interscope Records which ultimately became InterSsope-Geffen-A&M. He was elected chairman, the position he has heldsince 2001. Iovine, who helped Eminem launch his career, is currently working with pro basketball superstar LeBron James to produce a TV documentary and is a guest judge on American Idol.

Jimmy Iovine Net Worth

Jimmy Iovine Net Worth

Articles Written by Brian Warner
Prior to launching Celebrity Net Worth, Brian spent seven years as the Managing Editor of one of the largest entertainment portals on the internet. Before that, Brian attended Georgetown University where he double majored in finance and marketing. A native of Northern California, Brian currently resides in Los Angeles. Follow him on Google+.
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Jimmy Iovine

Jimmy Iovine

James "Jimmy" Iovine is an American music producer and entrepreneur, the co-founder of Interscope Records and chairman of Interscope Geffen A&M. Iovine is currently developing a digital music subscription service, Daisy, in conjunction with Beats By Dr. Dre, the company he f...
Profession
Date of Birth
  • March 11, 1953
Nicknames
  • Iovine, Jimmy
  • James Iovine
  • James "Jimmy" Iovine
Nationality
  • United States of America
Country
  • United States of America
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