Clive Calder

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Clive Calder
Born
Clive Ian Calder

(1946-12-13) 13 December 1946 (age 74)
Johannesburg, South Africa
CitizenshipBritish[1]
OccupationChief Executive Officer
Executive producer
Producer
Years active1971–2003
Known forco-founding Zomba Group
Spouse(s)Patricia
Children2

Clive Ian Calder (born 13 December 1946) is a South African-born British billionaire record executive and businessman primarily known for co-founding the Zomba Group with Ralph Simon, and its subsidiary Jive Records. As of May 2021, Calder is worth $5.5 billion.[3]

Early life[]

Calder was born and grew up in Johannesburg, South Africa.[4]

Career[]

Calder started his first record company in 1971 in South Africa. By 1975, they had relocated to London and had begun Zomba as an artist and producer management company. By 1978, Zomba had expanded to include publishing and opened offices in New York City. In 1981 they formed their first record label Jive, and Calder began to create a name for Jive as an important outlet for hip hop and rap.[citation needed]

Jive's success was followed by Silvertone Records in 1988 and countless others throughout the nineties. After an unspecified "ethical disagreement," Calder bought Simon's stake in Zomba and became the sole owner in 1990. In the late nineties, Jive expanded its success to include teen pop phenomenons such as Backstreet Boys, *NSYNC and Britney Spears, all of which topped the charts. In 2002 he sold Zomba for US$2.74 billion to the German-based media group Bertelsmann.[5] Though he was offered a position within the BMG, he instead chose to stay on temporarily as an advisor during the integration period, but left the business in 2003. The Zomba Label Group, which had been founded by BMG as parent for all Zomba labels in 2004, was integrated with all its labels into BMG Label Group in 2007, while at the same time the Zomba brand ceased to exist. In 2009 the group was renamed as RCA/Jive Label Group under Sony Music, in October 2011 Jive Records, as well as the whole Jive brand, was discontinued, with their most artists being moved to RCA Records and partly to Epic Records.[6]

In 2018, Calder and his son Keith invested $46 million into Cloud Imperium Games, taking a 10% stake in the studio behind the Star Citizen game.[7]

Personal life[]

Calder is married to Patricia Calder, with whom he has two children. They live in the Cayman Islands.[1][8]

In May 2020, the ELMA Group of Foundations, which was founded by Calder and supports children's health and education initiatives around the world, pledged $107 million to fight COVID-19 in Africa. Around $26 million of this was allocated to fight the pandemic in South Africa, his birth country.[9]

References[]

  1. ^ Jump up to: a b "Forbes profile: Clive Calder". Forbes. Retrieved 18 June 2020.
  2. ^ "Richest people in media". Business Insider. Retrieved 29 November 2020.
  3. ^ "Clive Calder". Forbes. Retrieved 9 September 2021.
  4. ^ [1] Archived 15 April 2008 at the Wayback Machine
  5. ^ "History of Zomba Records Ltd. – FundingUniverse". fundinguniverse.com. Archived from the original on 1 December 2007. Retrieved 24 April 2009.
  6. ^ "RCA's Peter Edge, Tom Corson on the Shuttering of Jive, J and Arista". Billboard.
  7. ^ Perez, Matt. "'Star Citizen' Studio Gets $46 Million Investment From Billionaire Clive Calder And Son". Forbes. Retrieved 29 November 2020.
  8. ^ Williams, Grant (24 November 2005). "Big New Grant Maker Plans to Make Awards in Africa". The Chronicle of Philanthropy. Retrieved 18 June 2020.
  9. ^ "Africa: $107 Million Cash Injection to Fight COVID-19 in Africa". allAfrica.com. 15 May 2020. Retrieved 29 November 2020.

External links[]

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