Clive Davis is a music executive and a producer who started out his career as a lawyer. Later, he got a job at Columbia records and then became its president. In 1974, he became the founder and president of Arista Records and then in 2000; he started his own company named J Records. Currently, he is working as a Chief Creative Officer for Sony Music Entertainment. He has also mentored many great performers like Whitney Houston, Barry Manilow, Christina Aguilera, Kelly Clarkson and many more. Now let’s have a look at the net worth of Clive Davis in 2020.
Early Life & Biography:
Clive Davis was born in Brooklyn, New York on April 4, 1932. He was born in a Jewish family as the son of Herman and Florence Davis. Clive’s father was a salesman and electrician. He lost his parents when he was just a teenager, and that is why he moved to Bayside, Queens, New York with his married sister. Earlier he had no intention of joining the music industry. He worked hard and got a scholarship to New York University and Harvard Law School. After graduating from Harvard Law School in 1956, he joined a law firm that was working with Columbia Records.
Clive Davis has been married twice in his lifetime and then also got divorced twice. He got married to Helen Cohen in 1956 which eventually ended in 1965. Then in the same year of his divorce, he married Janet Adelberg and then ended this relationship in 1985. After that, in 2004 he got into a relationship with a man and then got committed to a male doctor for 14 years. He has four children namely Fred, Lauren, Mitchell and Doug Davis along with seven grandchildren.
Career, Awards & Nominations:
Clive Davis started his career by practising law in a small firm in New York. Later, at the age of 28, he became assistant counsel and then general counsel at Columbia Records. In 1965 Davis was appointed as the administrative vice president and general manager of this group. A year later, he became the president of Columbia-CBS group, and that is when started gaining interest in music. In his tenure, he signed many famous artists under his label. After that, he joined Columbia Pictures as a consultant for the company’s record and music operation. At that time he founded his own company named Arista Records.
Eventually, in 2000, he left Arista and started J Records. In 2002 BMG bought a majority stake in 2002 and merged with Sony Music Entertainment in 2004. He currently holds the title of Chief Creative Officer at Sony Music Entertainment. Davis has won four Grammy awards namely Best R&B album in 2009, Best Pop Vocal Album in 2006, Album of the year in 2000 and Best Rock album in 2000. In 2000, he also received the Grammy Trustees Award.
Net Worth & Earnings:
Being associated with so many big names and currently working with Sony Music Entertainment, Clive Davis is bound to be a rich man. His current net worth is estimated to be around $900 million. In 2013, he also released his autobiography which earned him a fortune and contributed a big time to his net worth.
Clive Davis has been a mentor for many great artists. He contributed a lot to the music industry by giving it some gem of the artists. Moreover, he has achieved a lot in his life with four Grammys to his name. Being an alumnus of New York University, their music division is also named after him as the Clive Davis Institute of Recorded Music.