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Jimmy Iovine has an estimated net worth of $970 million. Born in Brooklyn New York on March 11, 1953, Jimmy Iovine is an American entrepreneur and music producer who currently serves as the Chairman of the Interscope-Geffen-A&M.
Of Italian ancestry, Jimmy Iovine is known for his impressive works in the success of careers of many world renowned artists and groups including John Lennon, Jonathan Liberato, Bruce Springteen and Raspberries. He produced albums for artists like Dire Straits, U2, Tom Petty & The Heartbreakers, Stevie Nicks, Patti Smith, Simple Minds, The Motors, Flame, and Golden Earring.
Lady Gaga and Eminem have mentioned the name of Jimmy Iovine during their acceptance speeches. In 2012, this American entrepreneur had an estimated net worth of $700 million.
It leapfrogged to $950 million (just $50 million short of becoming a Billionaire) when Apple purchased Beats Audio from him and Dr.Dre. He owned roughly 25% of the company, which makes his cut worth roughly $650 million before taxes
Earnings & Financial Data
Date | Category | Description | Amount |
|---|---|---|---|
2014 | Sale of Asset | Total Value Before Tax of his Earnings Following the Sale of Beats Audio to Apple for $3 Billion. | $650,000,000 |
2013 | Earning Turned Donation | Amount donated to the USC | $70,000,000 |
2012 | Sale of Asset | In August, HTC bought 51% of Intercope which Iovine co-owns with the Universal Records | $300,000,000 |