Facts of Lyor Cohen Networth
|Full Name||Lyor Cohen|
|Birth Name||Lyor Cohen|
|Birth City||New York City, New York|
|No Of Children||2|
|Education||University of Miami|
|Date of Birth||October 3,1959|
What Is Lyor Cohen's Net Worth?
Lyor Cohen has a net worth of $75 million in 2019. The American music industry executive Cohen started his career back in 1980 and is still actively involved and associated with various record labels for over 30 years.
The first Hip-Hop president in charge of a major label Lyor has indeed made great income from his professional career. We have all the related details here.
Music Mogul Lyor Cohen’s Income Sources, And Earnings
Lyor Cohen is estimated to have a net worth of around $75 million as of 2019, according to several sources. He earns mainly from his career as an American music industry executive.
Cohen started his career in 1980 by managing rappers for Rush Production under the owner of the production, Def Jam. After Cohen took over Rush Production, he began managing artists like LL Cool J, Kurtis Blow, De La Soul, A Tribe Called Quest and EPMD to name a few.
By 1989, the production company was well known as the premier management operation in the lap field. Later, he began label management and formed a label with Russell Simmons named Rush Associated Labels. Eventually, in 1994, Cohen also collaborated with an American record producer Rick Rubin.
Eventually, Lyor Cohen took leadership of Warner Music Group where he worked with Mike Jones, Bruno Mars, Wiz Khalifa, Kid Rock, The Black Keys, T.I., Plies and many others. Before he was named the chairman and chief executive of Warner, he was the co-president of The Island Def Jam.
Did You Know? Lyor Cohen noted himself as the first Hip-Hop president in charge of a major label.
Moreover, in September 2012, he resigned from Warner and started his own independent label, 300 entertainment. The company would be a record label, marketing company, and distributor. The company is backed up with companies like Google and the Atlantic.
Currently, the artists like Young Thug, Lil Keed, Little Lan$ky, Dae Dae, Gunna, Cobi, Famous Dex, Highly Suspect, Rejjie Snow and many others are signed by 300 entertainments.
In 2016, YouTube announced that Cohen would join the organization as Global Head of Music and is still serving at the position.
Assets, Houses, Cars, Expenses, Taxes, Insurance, Charity Works
With the net worth of around $75 million, Lyor Cohen currently lives in his Hamptons Beach House with his family and wife. He bought the house and reconstructed & redecorated his home in 2017.
Although the information about his cars is not out, he is said to drive an Audi worth in between $32 thousand to $169 thousand.
Lyor Cohen pays around 1 % tax to the Hampton jurisdiction and pays 4.3 % of his income as the Virginia state tax. Well, the information regarding his insurance plans and policies is yet to be disclosed.
“For over a decade, my favorite charity has been The Boys & Girls Harbor, which invests in children primarily in East Harlem. It empowers them through education, cultural enrichment and performing arts” stated Lyor Cohen. Moreover, a source claimed that he has raised over $250 million for cancer, AIDS and Leukemia research.
The Personal Life Of Lyor Cohen
Lyor Cohen was born on 3 October 1959 in New York City, New York, the United States. He was born in an Israeli family who immigrated to New York and later relocated to Los Angeles where Cohen grew up.
Who Is Lyor Cohen Married To?
Lyor Cohen is a married man. He tied the knot to his girlfriend turned wife Xin Li. They exchanged their marital vows in August 2016.
Previously, he was married to Amy Cohen from 1990 to 2006. The divorced couple is blessed with two children; son Az Cohen and daughter Bae Cohen.
Before Cohen, he exchanged vows with EK Smith. They walked down the aisle on 1 April 1988 in Sosua, Dominican Republic. There is not much information about his first wife.
What Is The Age Of Lyor Cohen?
Lyor Cohen’s age is 59 years old as of 2019. He holds dual nationality; Israeli and American and belongs to the mixed ethnic group.
Cohen stands 6 feet 5 inches (196 cm) in height and has the weight of around 78 kg (171.9 pounds).