Lyor Cohen Wiki Biography
Lyor Cohen was born on October 3, 1959, in Manhattan, New York City, to Jewish immigrants from Israel. He is a music business entrepreneur best known for his work as the former CEO and chairman of Warner Music Group’s recorded music division, as well as his founding of Def Jam Recordings. Lyor has worked with several superstars over the course of his 30-year career as a music industry executive, including Jay-Z, Russell Simmons, Jon Bon Jovi, and others.
So, how wealthy is Lyor Cohen? Cohen’s net worth was estimated to be above $75 million as of mid-2016 by credible sources. Lyor’s net worth is likely to rise in the future, as he now serves as the president of the record company 300 Entertainment.
Lyor Cohen Net Worth $75 Million
Lyor grew up in Los Angeles but earned a degree in worldwide marketing and finance from the University of Miami in 1981. Cohen’s musical career began when he began working for Rush Productions, where he had the opportunity to meet the Beastie Boys, Kurtis Blow, LL Cool J, and others. Lyor’s time at Rush Productions was fruitful, providing him with further expertise in the music industry as well as establishing the groundwork for his net worth.
The Island Def Jam Music Group, which was formed by emerging Island Records, Def Jam, and Mercury Records, and which quickly became very popular and successful as Cohen had the opportunity to work with such famous performers as Mariah Carey, Elvis Costello, Ashanti, Slipknot, Nickelback, and many others, was formed in 1999, and Cohen became the president of the group.
Lyor Cohen’s net worth grew thanks to the success of Island Def Jam Music Group, which included the separation from Sony and the merger with PolyGram. In the year 2000, Lyor founded Lost Highway Records, and Cohen was once again a huge hit. As with every decision he made, success and fame only expanded, not to mention Lyor’s net worth.
Lyor’s career as a music industry executive took another step forward when he was named CEO and Chairman of Warner Music Group. Lyor negotiated deals with Spotify and YouTube, which only served to boost Warner Music Group’s artists’ popularity by increasing their exposure. Despite the fact that Lyor was a huge success at Warner Music Group, he left in 2012 to start his own company, 300 Entertainment.
This company will, without a doubt, be successful and add to Lyor Cohen’s net worth rise. Lyor Cohen was married to Amy from 1990 to 2006, and the couple has a son and a daughter together. Lyor’s charity endeavors are in addition to his work as a music industry executive. He presently serves on the board of the Rock and Roll Hall of Fame and is an acting director of Boys & Girls Harbor, a nonprofit organization.
|Full Name||Lyor Cohen|
|Net Worth||$75 Million|
|Date Of Birth||October 3, 1959|
|Place Of Birth||Manhattan, New York City, New York, United States|
|Profession||CEO, Chairman of recorded music of Warner Music Group, American music industry executive|
|Education||University of Miami, John Marshall High School|
|Spouse||Amy Cohen (m. 1990–2006)|
|Children||Bea Cohen, Az Cohen|
|Music Groups||Island Def Jam Music Group, Island Records, Def Jam, Mercury Records|