Jimmy Iovine Career and Net Worth

Updated on:

Jimmy Iovine

Jimmy Iovine Career and Net Worth

Jimmy Iovine Career and Net Worth, Does Jimmy Iovine still own Interscope? These and many more pertinent facts about the producer’s life are chronicled in this article.

Jimmy Iovine is an American music producer and entrepreneur. Jimmy has a net worth of about $1 billion as of this writing. He got his fortune as the co-founder of Interscope Records which had great success especially in the 1990s and 2000s thanks to hip-hop artists such as Dr. Dre, Tupac, Snoop Dogg and Eminem. Jimm had a second shot at fortune as the co-founder of Beats Electronics which was acquired by Apple for $3 billion in May 2014.

Jimmy Iovine Early Life
Jimmy Iovine was born on March 11, 1953 in Brooklyn, New York. His family was a working-class Catholic-Italian family. He attended John Jay College of Criminal Justice. He unfortunately dropped out at the age of 19 and worked as a janitor in a New York City recording studio called Record Plant Studios. Jimmy was introduced to the world music production through his job at Record Plant Studio. He quickly transitioned from cleaning the studios to helping out with basic production work. One of the engineers who showed Jimmy the ropes was named Ray Cicala who had an impressive roster of clients and work. Jimmy got a call one early Easter morning in the early 1970s from Ray asking if he could come to the studio to help with an artist. Jimmy rushed down to Record Plant Studios where he quickly. Upon his arrival, he learned that it wasn’t just any artist-it was John Lennon.

Read Also: Vanna White Career and Net Worth

Jimmy Iovine Success
Jimmy contributed significantly to Lennon’s work-who was apparently struggling. He lent his creative skills and enhanced the song “Stay in the Chair”, via the engineering. The former Beatle was impressed with Jimmy’s work. Jimmy went on to work on two more of Lennon’s solo albums. Working with John Lennon transitioned Jimmy Iovine into a star. Jimmy became one of the most sought-after producer/engineers in music In the 1970s . Jimmy produced albums for artists including Bruce Springsteen, Tom Petty & the Heartbreakers, U2 Stevie Nicks, Simple Minds, Dire Straits, Patti Smith and a lot more. Some of the very notable Iovine-produced or engineered albums include “Born to Run”, “Easter”, “Damn the Torpedoes”, Stevie Nicks “Bella Donna”, U2’s “Under a Blood Red Sky” and Gwen Stefani’s “Love. Angel. Music. Baby”.

Jimmy Iovine Interscope
Jimmy co-founded Interscope Records with Ted Field as a joint venture under Warner Music Group’s Atlantic Records in 1990. The Record’s first release was the annoyingly-catchy song “Rico Suave” by Ecuadorian rapper/singer Gerardo. The song was released in December 1990. It reached #2 on the Billboard Hot 100. A couple of months on the label released the Primus album “Sailing the Seas of Cheese”. In July 1990 Interscope released Marky Mark and the Funky Bunch’s debut album “Music for the People” which was a major hit courtesy the #1 single “Good Vibrations”.

Jimmy Iovine Personal Life
Jimmy had a two-year relationship with New York rock radio DJ Carol Miller in the late 1970s. Miller says “Jimmy had a wonderful, close-knit Italian Catholic family from Brooklyn and Staten Island who could not have been nicer to me. It was I, the Jewish girl from Queens, who always felt silently out of place”. She says her father wasn’t very nice to Jimmy and was not in favor of the relationship owing to the differences in their religions. According to Miller, the relationship ended in 1980- when Jimmy started spending a chunk of his time in California working with singer Stevie Nicks.