Bloomberg Billionaires Index

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# 369 Clive Calder $5.25B

Random fact: Producer on Crossroads, a Britney Spears movie.

Overview

Calder is the co-founder of Zomba Music Group, the closely held record label that he sold for $2.7 billion in 2002. He was chief executive officer of the company, whose Jive record label featured acts such as Britney Spears, Backstreet Boys and NSync. The South African-born billionaire is based in the Cayman Islands.

As of :
Last change -$50.0M ( -0.9%)
YTD change +$594M ( +12.8%)
Industry Entertainment
Biggest asset Cash
Citizenship United Kingdom
Age 72
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Clive Calder's net worth of $5.25B can buy ...

0
troy ounces of gold
0
barrels of crude oil

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of the GDP of the United States
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of the total wealth of the 500 richest people in the world
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of the top 100 U.S. college endowments
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of the top 200 U.S. executives’ total awarded compensation
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of U.S. existing home sales
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times the median U.S. household income

Latest News

Net Worth Summary

Cash
Private asset
Public asset
Misc. liabilities
Confidence rating:

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 analysis of asset sales and purchases, taxes and market performance.

An outflow of $21 million is included in the calculation to account for the purchase of a calculated 20 percent stake in the record label from co-founder Ralph Simon in 1991.

His investment in gaming company Cloud Imperium is valued at the cost of investment based on a December 2018 announcement from the company.

Calder funds charity Elma Philanthropies, which focuses on Africa.

Biography

Birthdate: 12/13/1946
Family: Married, 2 children

Clive Calder was born in Johannesburg in 1946. He set up his first record company in 1971 and moved to London in 1975 where he co-founded Zomba in 1976, according to "Appetite for Destruction," a 2009 book on the music industry. He moved to New York at the end of the decade.

After buying out his partner in 1991, Calder's record label Jive signed acts such as Backstreet Boys, NSync and Britney Spears. He sold Zomba to BMG for $2.7 billion in 2002.

The billionaire lives in the Cayman Islands.

Milestones
  • 1946 Clive Ian Calder is born in Johannesburg.
  • 1971 Starts first record company in South Africa.
  • 1990 Calder buys co-founder's stake in music group Zomba.
  • 2002 Sells Zomba for $2.7 billion to media group Bertelsmann.