Irving Azoff Net Worth: How Rich is American Entertainment Executive and The CEO of Azoff MSG Entertainment in 2022!
American entertainment executive and chairman of the agency that handles music artists, Full Stop Management, is Irving Azoff.
He has been the chairman and CEO of Azoff MSG Entertainment, a partnership with The Madison Square Garden Company, since September 2013. He previously held the positions of executive chairman of Live Nation Entertainment, chairman and CEO of Ticketmaster Entertainment, and CEO of Front Line Management. He serves on the boards of IMG and Starz Inc.
He was ranked first on Billboard’s Power 100 in 2012 and given the title of the most influential person in the music business.
On December 12, 1947, Azoff was born in Danville, Illinois. His early years and parents are not well known, however, he was raised in a Jewish household and went to Danville High School. He started booking and marketing local bands when he was still in high school and quickly realized he was skilled in this area. When he enrolled at the University of Illinois at Urbana-Champaign, he kept acting in this manner.
What is Irving Azoff’s Net Worth and Salary?
A $400 million businessman from the United States is named Irving Azoff. An executive in the entertainment sector, Irving Azoff. He has held several executive positions with organizations like IMG, Live Nation Entertainment, and Ticketmaster.
He has worked with a number of well-known musicians, including Lindsey Buckingham of Fleetwood Mac, Joe Walsh, Van Halen, Thirty Seconds to Mars, Steely Dan, and Christina Aguilera.
Azoff, a former protégé of David Geffen, launched his career by founding Front Line Management in the middle of the 1970s. When it came to dealing with record labels, Azoff earned a reputation as a tyrant. As a result, Front Line rose to become the most powerful management company in rock history, with clients including Boz Skaggs, Stevie Nicks, Heart, Jackson Browne, and the Eagles (whom Geffen left to Azoff).
A Malibu beachside mansion owned by Irving and Shelli was sold for $10 million in 2012. They still possess a number of additional homes in Malibu, including one with a 12-acre lot. Additionally, they own a mansion in Snowmass, Colorado, as well as other homes in La Quinta, California.
REO Speedwagon, a band with roots in Champaign, was Azoff’s first management client. Dan Fogelberg was then under his management. Along with Fogelberg, he relocated to Los Angeles in 1972, and soon after, he secured employment with Geffen-Roberts Management. He began assisting the Eagles while still employed by this company. Then, this union endured for more than four decades.
He rose to the position of chairman of MCA Music Entertainment Group after more than a decade of employment in Los Angeles. He held this post for six years, during which time the struggling label experienced success.
After leaving MCA, he joined Warner Music Group and founded Giant Records there. He oversaw the record label throughout the majority of the 1990s until Azoff made the decision that he would rather focus on managing musicians again.
He kept managing musicians well into the 2000s and was twice named “Manager of the Year” by two trade publications for the touring industry. Front Line Management Group was the management firm he started and served as its CEO.
When Ticketmaster, a company that sells tickets, announced in October 2008 that it was buying Front Line, Azoff was named the company’s CEO. He was appointed chairman of Live Nation in February 2011. In 2012, he was ranked first on Billboard Magazine’s Power 100 list of the most influential people in the music business.
Azoff established Global Music Rights, an association for performance rights, in 2013. The business operated by managing the publishing for musicians like Bruce Springsteen, Pearl Jam, Metallica, John Lennon, George Harrison, and Bruno Mars. He debuted Azoff MSG Entertainment that year, a joint venture with The Madison Square Garden Company (MSG).
He was MSG’s chairman, CEO, and consultant in addition to his other roles. The Forum in Inglewood, California was one of the live event venues managed by the organization. When Azoff MSG Entertainment joined a lawsuit against the city of Inglewood in an effort to halt the development of a new arena for the Los Angeles Clippers, it generated some controversy.
Later, it was revealed by emails that had been leaked that MSG had been trying to get the Los Angeles Lakers to return to the Forum when their lease at the Staples Center expired. MSG was also interested in stopping the building of the new arena for the rival NBA team.
He and Tim Leiweke co-founded Oak View Group in 2015. The construction of Milan, Italy’s Belmont Park Arena is one of the company’s larger projects. Together with Oliver Chastan, Azoff co-founded the Iconic Artists Group in 2018. The company is a manager of entertainment rights.
David Crosby and The Beach Boys were only two of the well-known musicians whose catalogs or interests the group was able to acquire. But in 2018, Nicki Minaj accused Azoff of launching a smear campaign against her upcoming tour, which landed Azoff in some hot water. However, it appears that the tour was able to come to an understanding because Azoff quickly became Minaj’s manager. Most of her songwriting credits are overseen by Global Music Rights as well.
Azoff was recognized by being one of the Rock & Roll Hall of Fame inductees in January 2020 as a result of receiving the Ahmet Ertegun Award, which is given to a non-performing music business professional who has devoted their life to promoting musicians and their music.
Aside from co-producing hit films like “Fast Times at Ridgemont High,” “Urban Cowboy,” “Jack Frost,” “Above the Rim,” and “The Inkwell,” Azoff is also a well-known voice in the world of music.
He had an appearance in the 2012 documentary “Artifact,” which was about the legal dispute between Thirty Seconds to Mars and the record company EMI. Additionally, in the 2015 “Documentary Now!” parody of “History of the Eagles,” he played a barely disguised version of himself.
Azoff has a wife named Shelli Azoff. The couple has four children together: Jeffry, Allison, Cameron, and Jaye. However, they hardly ever talk openly about their personal lives. One of the oldest still open eateries in Los Angeles, The Apple Pan, was bought by the couple. With a group of investors from Los Angeles, they soon acquired Nate n Al’s, another eatery. Given that it was established in 1945, the restaurant is also among the most established ones in Los Angeles.