Clive Calder

Net worth over time

Biography

• 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.
• The South Africa native founded Zomba in London in 1975, then opened an office in New York City in 1978.
• Known for shunning the spotlight, Calder now lives in the Cayman Islands with his wife.
• He frequently travels to parts of Africa for charity, and his ELMA Philanthropies works on improving childhood education and health on the continent.
• A native of Johannesburg, Calder started out playing in a band at age 18 to support his mother and sister after his father's death.
• Calder signed acts like Billy Ocean, Will Smith, R. Kelly, N' Sync (and later, Justin Timberlake), Backstreet Boys and Britney Spears.