Clive Davis is an American Record Producer and executive. Here we will talk about his Net Worth and much more.
Clive Davis entered the world on April 4, 1932, in Brooklyn, New York. Clive Davis has won five Grammys and has been inducted into the Rock & Roll Hall of Fame as a member of the music industry. Davis has worked with a who’s who of famous people, including Janis Joplin, Aerosmith, Whitney Houston (and Whitney’s cousin, Dionne Warwick), Jennifer Hudson, and Kelly Clarkson.
The Columbia Albums
Clive Davis first worked as an attorney in New York City. After working for him for a while, the legal firm promoted him to head of CBS’s Columbia Records division. Soon after, he became Columbia’s general counsel. Clive was brought in to lead CBS Records as part of the company’s reorganization. Also, read about Dana White
Clive, now the head of the label, has signed several prominent artists. He is credited with signing a wide variety of prominent musicians, such as Janis Joplin, Santana, Bruce Springsteen, Billy Joel, and Aerosmith. After Clive allegedly used CBS funds to pay for his son’s Bar Mitzvah in 1974, CBS dismissed him.
Records by Arista
Clive Davis left CBS to start Arista Records with $10 million in funding from Columbia Pictures after he left that company. With a 20% share, he had a significant financial say. Barry Manilow, Air Supply, Dionne Warwick, and Aretha Franklin helped propel Arista to superstardom in the ’70s and ’80s. In 1983, Warwick’s cousin Whitney Houston, then 20 years old, became Arista’s biggest break. Since its release in 1985, Whitney’s self-titled album has sold over 22 million copies around the world. Even if Arista only had Whitney to sell, she would bring in 200 million dollars.
The Official LaFace Recordings Website
With L.A. Reid and Kenneth “Babyface” Edmonds, Clive launched LaFace Records in 1989. TLC (75 million records sold), Toni Braxton (65 million), and Usher (75 million) helped propel LaFace Records to prominence in the late 1990s and early 2000s (65 million).
Records Labeled “Bad Boy”
A talent executive at Uptown Records, Sean Combs was laid off in 1993 and looking for a new job. He was able to secure a meeting with Clive, who was notoriously not a fan of rap music at the time. Soon after, Clive would elaborate:
“As for my familiarity with Puffy, I was woefully lacking. When we met, there was no doubt in my mind that he saw the future and knew that a hip-hop revolution was on the horizon. While he said he required my help to “conquer” the Top 40, I had my doubts. Consequently, I inquired as to Puffy’s musical holdings. “Flava In Ya Ear” by Craig Mack was the song he cranked for me to listen to. I was convinced after reading that.”
Puffy started Bad Boy Records with the help of $15 million and a distribution deal from Clive. Massive success for Clive came via Bad Boy with acts like Mase, 112, The Notorious B.I.G., and Faith Evans.
In 2000, Davis founded J Records, and today he is Sony Music’s chief creative officer and the man behind the label. He has been inducted into the Rock and Roll Hall of Fame and has won five Grammys.
Davis wrote his autobiography The Soundtrack of My Life in 2013, where he revealed his bisexuality to the world. He came out as bisexual on Katie and told anchor Katie Couric he hoped his revelation would bring to a “better understanding” of the identity. After a long and fulfilling 14 years with a male doctor, Davis is now in a committed, long-term relationship with a guy he met in 2004.
Clive Davis is an avid New York City real estate investor. He has at least five apartments in the 465 Park Avenue skyscraper in Manhattan. He put up one of his condos in the building for sale in 2017 for $7.8 million. By 2019, he had dropped the price too as low as $6.2 million before pulling it from the market entirely. Your $11,700 a month HOA fee covers only that one unit.
In addition, he has a sprawling mansion in Westchester County, New York, where he routinely hosts weekend get-togethers for his friends and family. He purchased the property in 1991, following his second divorce, and it features both the main house (8,000 square feet) and a guest house (6,000 square feet), with seating for a total of 30 people in the theater.
Clive Davis Net Worth
Clive Davis Net Worth is estimated to be around $850 Million in 2022. Clive’s art collection might be worth $100 million on its own. The collection includes pieces from Picasso, Damien Hirst, Dale Chihuly, Adolph Gottlieb, Andy Warhol, and more.
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