Herb Alpert Net Worth and Rise to Fame
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $850 Million | N/A | March 31, 1935 | Los Angeles | Male | N/A | Record producer, Businessperson, Singer, Composer, Songwriter, Theatrical producer, Trumpeter, Music executive, Musician, Actor | United States of America |
What is Herb Alpert’s Net Worth?
Herb Alpert, an American musician and music industry executive, has amassed a net worth of $850 million. His fortune comes from various sources, including his music career, co-founding A&M Records and Rondor Music, and successful investments.
Highlights
Throughout his career, Herb Alpert achieved significant success and earned numerous accolades. Here are some highlights of his achievements:
- He led the Herb Alpert & the Tijuana Brass band in the ’60s, selling over 13 million albums in 1966.
- Released 28 albums, with five number one hits, 14 platinum albums, and 15 gold albums.
- Co-founded A&M Records with Jerry Moss, which played a crucial role in the success of artists like The Carpenters, Sting, Peter Frampton, and Sheryl Crow.
- Sold A&M Records to PolyGram in 1989 for $500 million in cash, winning an additional $200 million payout through legal proceedings.
- Co-founded Rondor Music, which was sold to Universal Music for $400 million in 2000.
- Received eight Grammy Awards and sold over 75 million albums worldwide.
Early Life
Herb Alpert, born on March 31, 1935, in Los Angeles, California, grew up in Boyle Heights. Coming from a family of musicians, his parents were Jewish immigrants from Ukraine and Romania. Herb showed an early interest in music and started learning trumpet at the age of eight. He played at dances during his teenage years and was a member of the USC Trojan Marching Band while attending USC.
Career
Herb Alpert’s music career began in 1957 when he became a songwriter for Keen Records. He wrote and recorded music professionally, including top-twenty hits like “(What A) Wonderful World” by Sam Cooke. In 1960, he started his recording career as a vocalist at Dot Records. Herb gained significant fame with the formation of his band “Herb Alpert & the Tijuana Brass,” which had a unique sound inspired by a brass band he heard in Tijuana, Mexico. The group released several successful albums, including “Whipped Cream and Other Delights,” which became the number one album of 1965.
In addition to his music career, Herb co-founded A&M Records and Rondor Music. A&M Records became one of the largest independent record companies globally and played a crucial role in the success of various artists. Rondor Music was a renowned music publishing company with an extensive catalog of hit songs and artist-friendly practices.
Personal Life
Outside of his career, Herb Alpert is known for his philanthropy. He established The Herb Alpert Foundation, which supports youth and arts education, environmental issues, and funds various PBS programs. He has made significant donations to institutions such as the Harlem School of the Arts and Los Angeles City College, providing scholarships and supporting education in music and the arts.
Herb Alpert has been married twice. His first marriage was to Sharon Mae Lubin from 1956 to 1971, with whom he had two children. In 1973, he married recording artist Lani Hall, and they have one daughter together.
Net Worth Over Time
Herb Alpert’s net worth has grown significantly over the years, mainly through his successful music career and business ventures. Here is a brief overview of his net worth milestones:
- Throughout the 1960s, Herb Alpert achieved commercial success with numerous albums and singles, contributing to his rising net worth.
- In 1989, he sold A&M Records to PolyGram for $500 million in cash, significantly increasing his wealth.
- In 1998, Herb and Jerry Moss sued PolyGram and won an additional $200 million payout, further solidifying their financial success.
- In 2000, Rondor Music, another company co-founded by Herb Alpert and Jerry Moss, was sold to Universal Music Group for approximately $400 million.
Components of Net Worth
Herb Alpert’s net worth is composed of various income sources and assets, including:
- Earnings from his music career, including album sales, concerts, and royalties.
- Profits from the sale of A&M Records and Rondor Music.
- Investments in diverse ventures, contributing to his overall wealth.
Overall, Herb Alpert’s remarkable success in the music industry, combined with his business ventures and philanthropic efforts, has led to his impressive net worth of $850 million.