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- Clive Calder became a billionaire in 2002, when he sold his music company Zomba Group to German mass media corporation Bertlesmann for $2.7 billion.
www.forbes.com/profile/clive-calder/
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2 days ago · Clive Calder became a billionaire in 2002, when he sold his music company Zomba Group to German mass media corporation Bertlesmann for $2.7 billion. The crown jewel of his empire was Jive...
Clive Ian Calder (born 13 December 1946) is a South African-British billionaire record executive and businessman primarily known for co-founding the Zomba Group with Ralph Simon, and its subsidiary Jive Records. As of October 2021, Calder has an estimated net worth of US$5.5 billion.
Nov 6, 2015 · In 2000, Clive Calder exercised the “put” option in his contract with BMG, which forced them to pay him a record $2.7 billion. The largest amount of money ever paid to an individual in the music industry.
May 9, 2024 · The South African-born, Cayman Islands-domiciled billionaire has since ventured beyond music. He made a significant $46-million investment in Cloud Imperium Games (CIG), the studio behind the long-awaited spacefaring game Star Citizen. This move secured Calder a 10-percent stake in CIG.
2 days ago · Calder's fortune is derived from his share of the sale of Zomba Music Group to German media company Bertelsmann for $2.7 billion in 2002. The value of his after-tax proceeds are based on an...
In 2002, Calder sold Zomba Group to Bertelsmann for $2.74 billion, marking a significant milestone in his career.
Clive Calder became a billionaire in 2002, when he sold his music company Zomba Group to German mass media corporation Bertlesmann for $2.7 billion. The crown jewel of his empire was Jive Records, the record label behind many of the first commercially successful hip hop artists.
