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American Music Executive Barry Weiss's Net Worth: His Salary and Career

Updated On 28 Jan, 2018 Published On

American music executive Barry Weiss, as we all know, is one of the pillars of music industry history. He was chairman and CEO of the Island Def Jam Music Group, which played an important role in discovering new hip-hop artists and popularizing the genre; Universal Republic Records and RCS/Jive Label Records.Barry Weiss also owns a company called Northern Produce together with his brother Joey Weiss.

Apart from that, he has succeeded in his acting career as well appearing in the TV reality show Storage Wars. However, the bulk of his net worth emanates from the music business. As of 2018, his net worth is $10 million dollars.

Barry Wiess Music Career

Weiss was born on 11 February 1951, in Demarest, New Jersey. Weiss' late father owned Old Town Records, which he operated by himself from 1953 till 1996. He also promoted different black vocal groups from Harlem.

American music executive and chairman and CEO of The Island Def Jam Music Group Barry Wiess

Barry Wiess

Source: global

It looks like Weiss inherited music from his father. Weiss is best known as an important force behind the successful careers of Britney Spears, Backstreet Boys, Justin Timberlake' N Sync and T-pain, among numerous others. Weiss was a member of Sigma Pi fraternity at Cornell University.

 

Casual Sunday with @barryweissofficial

A post shared by MA1ADJ (@ma1adj) on

 

Barry Weiss met Clive Calder, of Zomba, out of Cornell University. Calder started his first U.S record label, Jive Records, in 1981. Jive released Britsh dance and pop music albums like Q Feel, A Flock of Seagulls and Tight Fit. Weiss got a chance to sit down and talk with Calder after taking him to hip-hop and black clubs all over New York City to demonstrate the musical awareness seen at the time.

Barry Weiss left his previous home at Sony Music for competitor Universal Music Group, specifically after he displayed his interest to succeed the outgoing Sony CEO Rolf Schmidt-Holtz.

Barry Weiss Net worth, salary, cars, motorbikes, properties

Weiss' net worth as of 2018 is $10 million. Back in 2015, his net worth was 7 million dollars, which means that despite retiring from his company he mas been earning an income of one million dollars a year.

A classic car fanatic, Barry has transformed his 1955 Ford car into The Beatnik, the world’s largest bubble-top, custom-made car. The body is completely metal and the car took 3 years to build.

Barry weiss transformed car

Weiss Transformed a 1955 Ford car into a customized car he called The Beatnik

Source: celebritycarsblog

Barry also has a 1957 Ford Ranchero, Jaguar XG, Ducati Diavel, a customized Harley Davidson, and a Moto Guzzi motorcycle that we’ve seen on various episodes of Storage Wars.

Barry lives in a 1928 Spanish revival home in L.A.’s Laughlin Park neighborhood– near where Natalie Portman lives. Weiss reportedly paid 1.8 million dollars for the property.

Barry Weiss short bio and net worth

Recently, Weiss has been active in a fund-raising programme for Sherman OAKS kids. Over 60% of kids in Los Angeles Public Schools are failing in math. The foundation has sponsored more than 48 kids who could not afford the help they need in the Sherman Oaks/Van Nuys area of Los Angles.

Barry Philanthropy  work for Tragic couple

Weiss Funding for tragic couple

Source: Cloudfront

Also, Weiss was actively involved in raising fund for a tragic couple, Tzvi and Jennifer Alkon, who
just celebrated their first wedding anniversary and were getting ready for holidays when Jennifer, only 24 years old, was hospitalized with a case of bronchitis.