Lyor Cohen Net Worth

Currently of age 58, Lyor Cohen is renowned as a music industry administrative. This celebrity has been involved actively in Hip-Hop at many topmost labels for over 30 years, as this industry advanced from the boundaries of pop culture to the fame. Net worth of Lyor Cohen is grossed from his career in music industry, get more details below:

Lyor Cohen Biography

Lyor Cohen was born inside New York to Israeli migrants. He was brought up in Los Angeles. In year 1981 he attained degree in finance and global marketing from a university. Later on, he served for short time in Beverly Hills workplace of Bank Leumi.

Lyor Cohen Net Worth 2017-2018

In year 1984, after endorsing a couple of rock as well as rap shows held at The Mix Club in Hollywood, this celebrity shifted to New York to seek job at Rush Productions by Simmons. This was afterwards named as Rush Artist Management. Starting as Run-DMC’s road executive, he instantly started working taking on extra accountabilities, serving on account of an artist roster which encompassed Whodini, Kurtis Blow, LL Cool J, Run-DMC, the Beastie Boys, as well as Public Enemy.

By year 1987, Cohen signed artists to Rush. Cohen started shifting from artist administration to the label base of the music based business in year 1989, when Simmons and he created Rush Associated Labels. It is found that the target was to benefit from the talent of well-known recording artists to snort out latest talent by signing boutique based label contracts with them. Actually, it paid off greatest remarkably with JMJ Records of Jam Master Jay, which carried Onyx to Def Jam back in year 1992 as well as Jayo Felony in year 1994.

Below PolyGram as well as Cohen’s control, Def Jam flourished. Also, he served with latest roster of popular rappers such as Method Man, Redman, Jay-Z, Ja Rule, DMX, Ludacris, and Kanye West. Alongside, Cohen supervised custom based label contracts with Murder Inc., Roc-a-Fella, Ruff Ryders, as well as Disturbing Tha Peace.

In year 1998, after PolyGram / Universal union, Mercury, Island, and Def Jam were combined in latest section named as The Island Def Jam, and this celebrity was termed as co-president. Later in year 2004, he resigned Island Def Jam for seeking a position in association of Edgar Bronfman Jr. based investor group-financed named Warner. This was later spun off from Time Warner and finally, he was designated as chairman and chief executive of WMG.

Working at Warner, the celebrity supervised the union of the Elektra and Atlantic labels in Atlantic, as well as positioned Julie Greenwald at a topmost executive place. In year 2006, the celebrity supervised a contract with youtube which permitted the website to display videos made by Warner based artists in lieu for share of youtube’s advertising proceeds.

Cohen got marriage to his first wife named Amy, but this marriage terminated in divorce in year 2006. The couple have one daughter named Bea as well as a son named Az, whom he credits with protecting his life while he faced a pulmonic embolism throughout N.W.A’s training in Rock and Roll Hall of Fame held at Brooklyn’s Barclays Centre back in year 2016. Last year, Cohen got remarried to Xin Li, recognized as a Chinese based prior basketball player as well as a model who is presently the representative chairman of Christie’s Asia.

How much is Lyor Cohen Net worth in 2017

Lyor Cohen is recognized as American based music industry administrative having net worth of $80 million US dollars as of 2017. In year 2004, this celeb was termed as chief executive and chairman of Warner Music Group’s, till year 2012, adding to his income. While this time, the celeb is extensively accredited for developing this label, precisely by allowing spotify and youtube to access several Warner Music Group based material. It has been proclaimed that Cohen is launching one company named 300 Entertainment, termed after Spartans in the film 300.

Being a music industry administrative is not easy and Lyor Cohen accomplishes this position well even today. He got high acclaim by being chief executive and chairperson of Warner Music Group.