He was friends with a songwriter who got him a job cleaning in a music studio. From this position he was able to work his way up to jobs in the studio that involved the production of music.
He became a recording engineer in the s and almost immediately began to work with famous artists such as John Lennon and Bruce Springsteen. Although he enjoyed his work as a recording engineer it became his ultimate aim to be a music producer and this was something that he achieved just a few years later.
It was his work on the Patti Smith album Easter that really raised him into prominence. During the eighties he also became involved in producing music for movies. All of the music that was used in the hit Sixteen Candles was supervised by Iovine. He also had a similar role in the movie Scrooged which was released in The work that he did on albums during the seventies and eighties made him one of the most sought after producers in the world and he is now able to pick and choose the artists that he wants to work with.
While he probably does not make these decisions based on money, the fact that he is working with some of the best-selling musicians in the world means that his work as a producer is likely to continue earning him an impressive salary for many years to come.
His career developed even further in the nineties when he co-founded his own record label called Interscope.
Iovine remained as President of the company until and this was another stream of income that helped contribute to his net worth. Through his work with Interscope and subsidiary labels he has helped to launch the career of some of the most successful hip-hop artists in the world, including Eminem.
His work in the music industry had turned into a very successful career and it had also earned him a fair bit of money.
He decided to invest some of this money into a business opportunity alongside Dr. Dre and this was one of the most profitable decisions he ever made.
The two men co-founded the company Beats by Dr. This is virtually unheard of for a new company and so it was a very profitable venture. He was also offered a job at Apple which gives him a regular source of income. The exact details of this job have never been fully released.
In recent years he has been involved in several TV shows and the money that he has earned from these appearances has also contributed to his net worth. So, how much is Jimmy Iovine worth at the age of 68 years old? He is from American. We have estimated Jimmy Iovine's net worth, money, salary, income, and assets.
Dre and other musicians titled The Defiant Ones. On May 28, , Apple Inc. Iovine was hired to assume an undisclosed position at Apple where he helped in the creation of Apple Music. In January , Iovine announced the expansion of the Beats brand into the online digital music world with Daisy, a new service slated to launch in late In May , Iovine and Dr. The first class of the Academy began in September with 31 students.
From to , Iovine was a mentor on Fox's American Idol. Iovine stopped working with the show in mid In , Iovine teamed up with Dr.
Dre to co-found Beats By Dr. Dre, a headphones brand. The company had captured 20 percent market share of the headphones industry by Iovine signed Tupac Shakur to a recording contract as one of the first hip-hop acts on the Interscope label in Iovine was also responsible for providing distribution, initial funding and financial oversight for the highly successful Death Row Records hip-hop label in the s.
Death Row operated as a subsidiary of his company Interscope, and was largely responsible for Interscope's initial platinum selling chart successes throughout the s, which later launched the company into greater success in the s with platinum artists like Eminem and 50 Cent. His mother was a secretary and his father, Vincent "Jimmy" Iovine, worked on the docks as a longshoreman. At 19, he was a college dropout. He was introduced to music production after he met a songwriter who got him a job cleaning a recording studio.
He began working as a studio professional around Since the start of his career, Iovine has been involved in the production of more than albums. Iovine was also responsible for supervising the music used in the romance film Sixteen Candles and the comedy film Scrooged.
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