One of the most interesting questions that people have in their minds is how high is Jimmy Iovine Net Worth. Well, the answer to that question is that he has an estimated value of 700 Million Dollars, which is a huge amount of money. He is an American entrepreneur, record producer, a film producer and he is best known as the co-founder of Interscope Records and chairman of Interscope Geffen A&M which is an organization of publishing music. Jimmy Iovine was born in Brooklyn, New York. And as a teenager, he was introduced to music production after he met a songwriter who got him a job cleaning a recording studio. Then he began working as a studio professional around 1972. Since the start of his career, Iovine has been involved in the production of more than 250 albums.
Jimmy Iovine Net Worth 2015
NET WORTH: $700 MILLION
He started his career in the recording engineering but was also interested into music publishing and production. In the 1970s, he became of the most successful music producer in the music industry. And that’s when his net worth saw an upward graph and at the same he was the one who produced albums for such huge stars as Tom Petty & the Heartbreakers, U2, Stevie Nicks, Simple Minds, Dire Straits and Patti Smith.
In the year 1990, he established “Interscope Records” which later changed their name into “Interscope-Geffen-A&M” and the record company became widely known and it also brought a lot of revenue to the total amount of Jimmy Iovine Net Worth. And in the year 2001, he even got a position as a chairman of that company. He has worked with Eminem in order to help him to produce one of his albums and now he is working closely with one of the most successful basketball players LeBron James in order to produce a TV documentary about him.
The list of the artists that he has worked with is endless. Jimmy Iovine has been producing huge stars of today such as 50 Cent or the Pop Queen Lady Gaga. Talking about his family, Jimmy Iovine was born to a Jewish family who was partly American, partly Italian. “Raspberries”, John Lennon, Bruce Springsteen and Jonathan Liberato were the first artisit that he helped to produce albums.
In the year 2008, Iovine teamed up with Dr. Dre to co-found Beats By Dre, a headphone brand. The design of its headphones and an expansion into smartphones and automotive audio systems, the company has captured 40 percent market share of the headphones industry. And in January 2013, he announced the expansion of the Beats brand into the online digital music world with Daisy, a new service slated to launch in late 2013. On May 28, 2014, Apple Inc. announced the acquisition of Beats Electronics. Iovine was hired to assume an undisclosed position at Apple, where he helped in the creation of Apple Music, the electronics giant’s foray into streaming music. Iovine is known as a huge helper to the most successful rapper of all time Eminem and he was the one who showed his demo tape to Dr. Dre, who signed him with the record label company called “Aftermath”. Thus, making it obvious that the net worth of Jimmy Iovine is still going to rise a lot more than we can expect.