Clive Calder: Net Worth, Childhood, Career, Relationships

Biography of Celebrity Clive Calder 7 net worth

Clive Ian Calder, a British businessman and record executive who was born in South Africa on December 13, 1946, is best known for co-founding the Zomba Group and its subsidiary Jive Records with Ralph Simon.

He was raised in the Northern Suburbs of Johannesburg and, by the time he was 15, had purchased his first guitar. To combat the monotony of school, which he thought to be a dull and disorderly place, he finally formed a band with his classmates. After his father unexpectedly passed away, he moved on to become the bassist in his band and, at the age of 18, he began playing gigs to get money to support his mother and sister.

Clive Calder’s Net Worth $2.3 Billion

Clive Calder has a net worth of $2.3 billion and is a businessman and record executive from South Africa.

When Jive, the first Zomba record company, was established in 1981, it specialized in rap and hip-hop music. In 1988, Silvertone Records, a different label, launched, and Clive acquired Zomba in 1990. Jive has collaborated with well-known musicians and bands like NSYNC, Britney Spears, and the Backstreet Boys.. In 2002, Calder sold Zomba to a German media company for $2.74 billion. After Calder departed the music industry in 2003, RCA took over the management of Jive’s musicians. Calder was once the richest music billionaire in the United Kingdom. Calder currently resides in the Cayman Islands and travels to Africa with his charitable organization, Elma Philanthropies.

Clive Calder Net Worth and Salary 2023

We are all aware that it is nearly impossible to determine someone’s complete assets and monthly income. A rough asset that is net value exists, according to many sources. So, how much money is Clive Calder worth? Clive Calder has a net worth of $5.70 billion.

Clive Calder's Net Worth 2023 — Img by PMC

Childhood period of Clive Calder

In collaboration with Ralph Simon, Calder founded his first record label in South Africa in 1971. By 1975, Zomba had been founded as an artist and producer management firm by Calder and Simon, who had moved to London.

By 1978, Zomba had established offices in New York City and added music publishing to its list of services. With the aid of recently hired Barry Weiss, Calder, and Simon founded Jive, their first record company, in 1981. Calder then started to establish Jive as a significant outlet for hip-hop and rap music.

The Zomba Label Group, which BMG had established in 2004 as the umbrella organization for all Zomba labels, was merged into the BMG Label Group in 2007 along with all of its labels, marking the end of the Zomba name. After changing their name to RCA/Jive Label Group under Sony Music in 2009, they dissolved Jive Records and the whole Jive brand in October 2011. Their most popular artists were then shifted to RCA Records and, to a lesser extent, Epic Records.

The Career of Clive Calder

Silvertone Records followed Jive’s success in 1988, and a plethora of other labels did the same throughout the 1990s. After an undefined “ethical disagreement,” Calder acquired Simon’s share of Zomba and eventually took control of the company alone in 1990. The Backstreet Boys, NSYNC, and Britney Spears were all-time top-charting teen pop stars when Jive expanded its dominance in the late 1990s. He sold Zomba to the German media conglomerate Bertelsmann in 2002 for $2.74 billion USD.

Calder turned down a job offer from the newly reorganized Zomba Label Group in favor of staying on as a temporary advisor during the integration phase. He eventually departed the music industry in 2003.

Clive Calder Relationship

HITS has discovered that Clive Calder is in negotiations with Warner Music executives and plans to make an offer for the business. One of the richest men in the world, the retiring founder of Zomba Music Group, will present a $7.35 per share offer for WMG, according to insiders.

The financial partnership between Zomba and Bertelsmann began in the early 1980s when Calder established the Jive label to the house early hitmakers like Billy Ocean, A Flock of Seagulls, and DJ Jazzy Jeff & the Fresh Prince under the BMG distribution network. In 1991, BMG purchased a 25% share in Zomba’s music publishing sector, then in 1996, it bought a 20% stake in the company’s record division after negotiating for the put option that was ultimately executed.

Despite the frantic objections of Edgar Bronfman Jr. and Lyor Cohen, who are wise enough to realize they’ll be gone when and if Calder takes the helm, Scott Sperling and the rest of the WMG board are reportedly keen to accept the purchase.

The source claims that Calder, who left the company just before the bottom fell out with a tidy $3 billion from Bertelsmann’s coffers, has grown restless and bored while lounging on the beach of his Cayman Islands estate and reading John Grisham novels and is eager for a new challenge. “Clive wants to take on a task that everyone in the business believes is impossible, and that is to put back together what those two idiots have systematically destroyed,” the insider said.

Clive Calder had great success in the music business

On December 13, 1946, Clive Calder was born in Johannesburg, making him 72 years old. He was raised in the Northern Suburbs of Johannesburg and, by the time he was 15, had purchased his first guitar. To combat the monotony of school, which he thought to be a dull and disorderly place, he finally formed a band with his classmates.

After his father unexpectedly passed away, he moved on to become the bassist in his band and, at the age of 18, he began playing gigs to get money to support his mother and sister. It is said that he developed an interest in maths and finance at a young age and that, as a hobby, he read South African tax manuals.

Ralph Simon introduced himself to Clive when EMI later engaged him as an A&R (Artist and Repertoire, often known as a Talent Scout). In 1971 (when he was 25 years old), the two men established CCP recordings (Clive Calder Productions), whose artists were initially distributed by EMI recordings. EMI later acquired CCP in 1972.

Clive Calder Children’s

With his wife of two years, Patricia Calder, Calder has two kids. They are Cayman Island residents. The ELMA Group of Foundations, which Calder formed and supports programs for children’s health and education all over the world, committed $107 million to the fight against COVID-19 in Africa in May 2020.

Around $26 million of this was allocated to fight the pandemic in South Africa, his birth country.

Calder and his son Keith made a $46 million investment in Cloud Imperium Games, acquiring a 10% interest in the company that created the video game Star Citizen.