Quincy Jones Net Worth: A Closer Look into the Legendary Composer’s Financial Portfolio
Quincy Jones is an American record producer, songwriter, composer, and arranger with a net worth of 500 million dollars. The legendary entertainer has made his fortune through his impressive career spanning over six decades. Additionally, he partnered with various celebrities like Michael Jackson and earned royalties every time the content he produced was sold. He worked on several projects with Michael Jackson and has been earning royalties for a long time.
Early Life and Education
Quincy Jones was born in 1933 in Chicago, Illinois. He began loving music as a young boy, but it was mostly religious music. Additionally, he got the chance to play the piano since their next-door neighbor owned one, and he was kind enough to lend it to him.
While still a young boy, his mother suffered a mental breakdown, and this led to a divorce; his father married another woman, and they had to relocate to Seattle when he attended high school. While in high school, Quincy Jones learned how to compose music; he also played the trumpet.
After high school, he joined Seattle University but later transferred to Berklee College to pursue music. While in college, Quincy performed in bars and clubs, and this was at this time that he realized that he wanted to pursue a music career.
Career
In the mid-1950s, Quincy dropped out of college to focus on his music career. He moved to New York, where he began performing in various clubs and events. He used to perform as a trumpet player even though he was a great arranger. Quincy also worked with various artists. At first, he worked with Elvis Presley, and he was part of the band that played for the artist. He went on various tours around the world, and this propelled him to international fame.
Quincy later moved to Paris, France, where he became a music director for a French recording company. A few years later, Quincy moved back to the United States and became the Vice President of Mercury, a record company and the parent company of the French company where he was a music director.
He was earning a good salary as a vice president, but this did not deter him from his ambitions. Quincy began composing movie scores; he later became the most sought-after composer. He worked on various films, including The Getaway, The Deadly Affair, and The Italian Job.
Quincy also worked with other artists, including Michael Jackson, with whom he sold over 130 million copies. He earned a lot of money from this project, and this contributed to his financial success.
Real Estate
Besides his successful career in the entertainment industry, Quincy Jones also made real estate investments, which have contributed to his overall net worth. For instance, in 1984, he bought a property at Bel Air for 3.6 million dollars. He sold it in 2005 for 5.4 million dollars, making over one million dollars from the sale. If the house is sold today, it would go for about 25-30 million dollars.
He also owns several other properties across America whose value he has not publicly mentioned.