BillionaireNet
Calder
C
Rank #551
UNITED KINGDOMMedia & EntertainmentRecord label

Clive Calder

Net Worth
$6.897B
0% (24h)
Clive Calder is a South African-British billionaire record executive and businessman, best known for co-founding the Zomba Group, which included the highly successful Jive Records. His career in the music industry, spanning several decades, saw him discover and nurture talents like Britney Spears, *NSYNC, and the Backstreet Boys. He sold Zomba to Bertelsmann in 2002 for $2.74 billion, becoming a billionaire in the process. Now 79 years old, Calder has dedicated himself to philanthropy through the ELMA Group of Foundations, focusing on improving education and healthcare in Africa.

The Full Dossier

Early Life and Career Beginnings

Clive Ian Calder was born in Johannesburg, South Africa, on December 13, 1946. He developed a passion for music early in life, playing bass guitar in local bands. While his initial interest was in performing, he soon found himself drawn to the business side of the music industry. In 1971, at the age of 25, Calder and Ralph Simon co-founded CCP Records in Johannesburg.

Rise to Success

In 1975, Calder and Simon relocated to London and established Zomba as an artist and producer management company. Zomba quickly expanded into music publishing and opened offices in New York City in 1978. In 1981, they formed Jive Records, which became a significant outlet for hip-hop and rap music, signing acts such as Whodini, DJ Jazzy Jeff & The Fresh Prince, A Tribe Called Quest, and KRS-One. Calder's keen eye for talent led to Jive's diversification and the acquisition of Silvertone Records. The late 1990s and early 2000s saw Jive's breakthrough into teen pop with the Backstreet Boys, *NSYNC, and Britney Spears.

Key Business Strategies

Calder's business acumen emphasized artist ownership, careful cost control, and vertical integration. He built a distribution and publishing network that allowed Jive and Zomba to operate independently from major labels for years, retaining creative control and profits. Calder was known for exercising tight control over marketing, image, and production, guiding artists' careers with precision while remaining behind the scenes.

Philanthropy

After selling Zomba in 2002 for $2.74 billion, Calder shifted his focus to philanthropy, especially in Africa. He established the ELMA Group of Foundations, which supports children's health, education, and youth development, particularly in Africa. In May 2020, ELMA Philanthropies pledged $107 million to combat COVID-19 in Africa.

Career Timeline

2018

Invested in Cloud Imperium Games

Invested $46 million in Cloud Imperium Games, acquiring a 10% stake.

2003

Retired from Music Business

Left the music business.

2002

Sold Zomba Group

Sold Zomba Group to Bertelsmann for $2.74 billion.

1981

Founded Jive Records

Formed Jive Records, which became a leading label for hip-hop and pop music.

1975

Founded Zomba Group

Co-founded Zomba Group in London with Ralph Simon.

1971

Founded CCP Records

Co-founded Clive Calder Productions (CCP) Records in Johannesburg.

Philanthropic Impact

Childhood education and health$107M

ELMA Group of Foundations

Pledged $107 million to fight COVID-19 in Africa in May 2020.

Wealth Trajectory