Jimmy Iovine is an entrepreneur and a music producer who is an American and best known as the chairman of Interscope Geffen A&M as well as the founder of Interscope Records Iovine together with Dr. Dre founded Beats Electronics in 2006. The company which was formerly known as Beats by Dr. Dre produces audio products. It also operated a new unavailable music streaming service. Here is a quick summary of Jimmy Iovine’s net worth in 2018, career and earnings.
Jimmy Iovine Early Life
Jimmy Iovine was born in 1953 on 11th March. He is the son of Vince Jimmy and his birthplace in Brooklyn, New York. His mother and father’s careers were a secretary and a longshoreman, respectively. Iovine’s family was Italian, American and working class.
Jimmy attended a Catholic School in Brooklyn. Iovine later attended New York’s John Jay College of Criminal Justice. By the age of 19, he was a college dropout.
Jimmy Iovine Career
After dropping out of college, Iovine got a job to clean a recording studio. It is not until around 1972 that he started working as a studio profession. He together with Bruce Springsteen and John Lennon among others worked as recording engineers.
By, 1973, he was an employee of Record Plant Studio based in New York. He worked on albums such as Bort to Run by Springsteen and Bat Out to Hell by Meat Loaf. Iovine rose to fame after his work on the Patti Smith album Easter released in 1978. The album included Because the Night hit single which was Top 40.
He worked on Damn the Torpedoes and Rattle and Hum together with Tom Petty and the Heartbreakers and U2, respectively. He went ahead to produce Got Gose for The Pretenders, Making Movies for Dire Straits as well as Bella Donna who was Stevie Nicks’ debut album.
Other of his works are supervision of two films, a comedy Scrooged (1988) and a romance one Sixteen Candles (1984)
Iovine founded Interscope Records in 1990, and nine years later, there was a merger, and its name became Interscope Geffen A&M. Tupac Shakur was the first hip-hop artist that the Interscope label signed in 1991. The label later worked closely with Death Row Records.
He has also worked on 8 Mile which is an Eminem movie, a documentary of LeBron James titled More than a Game and Get Rich or Die Trying by 50 Cent.
Iovine decided to venture in business. He together with Dr. Dre founded a headphones brand which they gave the name Beats By Dr. Dre. Involving Ian Rogers who was a former Topspin Media executive and Trent Reznor of Nine Inch Nails, they expanded the Best brand. They fumed it into the online digital music world. They incorporated a new service I late 2013.
His debut appearance on television was on an episode of Family Guy as a guest star in 2005. Between 2011 and mid-2013 he was mentoring Phillip Phillips, Candice Glover, Scotty McCreery and Jessica Sanchez of the American Idol.
Awards & Achievements
The producer & Engineers Wing of the Grammy Awards honored Iovine in 2011. The University of Southern California awarded him an honorary Doctor of Music degree in 2013 on 17 May.
Net Worth of Jimmy Iovine
Jimmy Iovine’s estimated net worth is $1 billion. Iovine’s primary source of income is his production career. He has also founded a recording label known as Inter Records. In May 2014, Jimmy sold the company Beats Electronics to Apple Inc for $3 billion. He has produced various hits for different musicians. Iovine has also worked as a recording engineer. He has appeared on television too.
Jimmy Iovine is a prominent entrepreneur as well as a record producer. He is the founder of Interscope Records. Also, he is the chairman of Interscope Geffen A & M. His major works include Bella Donna for Stevie Nicks, Rattle and Harm for U2, Born This Way: The Collection for Lady Gaga as well as The New Classic by Iggy Azalea.