Jerry Moss amassed a significant fortune through ventures like the sale of A&M Records to PolyGram. Jerry Moss net worth, reaching $700 million in 2024, is a testament to his business success.
Contents
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Jerome S. Moss |
| Popular Name | Jerry Moss |
| Net Worth | $700 million |
| Salary | N/A |
| Birth Date | May 8, 1935 |
| Birthplace | Bronx, New York, USA |
| Gender | Male |
| Height | N/A |
| Parents | Irving, Rose Moss |
| Siblings | N/A |
| Marital Status | Married |
| Wife/Spouse | Tina Moss |
| Children | Ron, Jennifer, Harrison, Daniela |
| Education | Brooklyn College, DeWitt Clinton High School |
| Profession | Music Executive |
| Nationality | American |
What is Jerry Moss Net Worth in 2024?
In 2024, Jerry Moss net worth had been estimated to be $700 million. His wealth was largely shaped by:
- A&M Records sale to PolyGram for $500 million
- Sale of Rondor Music to Universal Music Group for $400 million
- Investments in Bel Air mansion and Maui estate
Comparatively:
- David Geffen: $8.5 billion
- Clive Davis: $850 million
- Herb Alpert: $850 million
What is Jerry Moss Salary/Income in 2024?
While no public data is available regarding his salary in 2024, most of his earnings came from previous ventures and asset investments.
Jerry Moss Early Life
Born on May 8, 1935, in the Bronx, New York, Jerry Moss grew up in a culturally diverse environment. His educational journey took him to Brooklyn College, where he cultivated a love for music. After serving in the U.S. Army, he relocated to California, where he would meet Herb Alpert.
Together, they co-founded A&M Records in 1962, signing some of the most influential artists in the world. The success of this venture laid the foundation for his immense wealth, launching him into the upper echelons of the music industry.
Jerry Moss Finance Overview
Throughout Jerry Moss’s career, he made multiple strategic financial decisions that propelled his wealth. The most significant was the sale of A&M Records to PolyGram for $500 million. This deal had a considerable impact on the independent label industry and significantly bolstered his personal fortune.
He further diversified his investments by founding Rondor Music, a music rights company. When Rondor Music was sold to Universal Music Group for $400 million, it added another substantial boost to his overall wealth.
Beyond music, his real estate ventures also played a vital role in his financial success. Notably, his Bel Air mansion and Maui estate added significant value to his estate. These properties, combined with his music-related ventures, showcase his strategic approach to financial growth.
In addition to accumulating wealth, he was deeply committed to philanthropy. One of his notable contributions was a $25 million donation to the Music Center of Los Angeles, which underscored his dedication to supporting the arts and culture. His financial legacy is a blend of smart business deals, impactful philanthropy, and a profound influence on the music world.
FAQs about Jerry Moss
What role did Jerry Moss play in A&M Records?
Jerry Moss co-founded A&M Records alongside Herb Alpert, which became one of the most successful independent labels.
What were Jerry Moss’s key real estate investments?
Jerry Moss owned valuable properties, including a Bel Air mansion and a Maui estate, both of which increased his net worth.
Was Jerry Moss involved in philanthropy?
Yes, Jerry Moss donated $25 million to the Music Center of Los Angeles, demonstrating his commitment to the arts.
Which famous artists did Jerry Moss sign?
During his time at A&M Records, he signed notable artists such as The Police, Janet Jackson, and Sheryl Crow.
Conclusion
Jerry Moss’s legacy extends beyond music into philanthropy and smart financial management. To read more about other influential figures, visit billionaireworld.info. Feel free to leave comments or share this article!
