Clarence Avant Net Worth 2024: Income, Salary, Career, Biography

Clarence Avant is a music executive and businessman who has a net worth of $50 million. He was born on February 25, 1931 and is also known as the ‘Black Godfather’. He was recently in the news after his wife Jacqueline Avant was shot dead in their Beverly Hills mansion in LA.

He has worked under various record labels such as Venture Records Inc., Sussex Records, Motown Records, and Tabu Records. He usually produces music in the pop genre. Today, in this post, we will tell you the details about Clarence Avant, his total net worth, and his income.

Clarence Avant Net Worth (2024)

First and last name: Clarence Avant
Net value: 50 million USD
Year old: 92 years old
Nation: USA
Born: February 25, 1931
Wage: 2 million dollars
Latest updates: 2024

Clarence Avant Net Worth Growth

Net worth in 2024 50 million USD
Net worth in 2023 48 million dollars
Net worth 2022 $46 million
Net worth in 2021 45 million USD
Net worth in 2020 44 million USD

Early life

Clarence Avant was born on February 25, 1931 in North Carolina, USA. There are not many details about his parents. However, he has seven siblings. He completed his high school education at Dudley High School.

He moved to New Jersey in his early teens to work as a securities clerk who maintained a law portfolio. Not much is known about where he graduated from college. He then started his career as a music manager and has managed many artists.

Career

Clarence Avant began his career as a nightclub manager. He later managed Lalo Schifrin and Jimmy Smith. Avant then went on to start Avant-Garde. He then went on to work as an engineer for Venture Records Inc.

He then went on to found Sussex Ventures in 1969. The company failed and he had to sell it. He then founded Avant-Garde Broadcasting. He went on to buy the first Afro-American FM radio station in Los Angeles.

He also served as an executive producer and a major highlight was the film Save the Children, for which Avant was executive director. The film is about refugee children in various dire situations.

Income

Clarence Avant has helped launch many music stars throughout his career. Exact details of his monthly income are not yet available. A Netflix documentary titled ‘The Black Godfather’ has been released based on his life story.

Favorite things

Favorite Actor Robert Downey Jr.
Favorite actress Don’t know
Favorite singer Don’t know
Favorite application YouTube
Favorite game do not apply
Favorite food Don’t know
Favorite song Don’t know
Favorite athlete Neymar
Favorite movie don’t know
Favorite cricket player Virat Kohli
Favorite player Neymar
Favorite TV show Don’t know
Interest Control

About

Net asset value 50 million USD
Name Clarence Avant
Year old 92
Height (1.8m)
Weight 80kg (approx.)
Job Productor flim
Date of birth February 25, 1931
Place of birth USA
Nationality American
Income $2 million (Annual)
Couple Jacqueline Tien Phong

“I have no problem, I have friends.”

– Clarence Avant

Clarence Avant Social Media Profile

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Personal life

Clarence Avant was raised as a Christian. He married Jacqueline Avant in 1967. The couple has children together, one of his daughters is married to Netflix CEO Ted Sarandos.

Avant was in the news after his wife was shot and killed by intruders at their Los Angeles home on December 1, 2021. Avant was not injured in the shootout. There are no reports about Avant’s hobbies and how he likes to spend his free time.

Wealth dependence

The main factors that determine his wealth include the various real estate properties he owns in the various companies and business ventures he has founded, the various artists he has founded and mentored, and his career as an executive producer. He has also received various bonuses.

Summary

As of 2024, Clarence Avant’s net worth is estimated to be $50 million. Avant is an American music executive, businessman, and film producer, known as the ‘Black Godfather’. The majority of his income comes from the various roles he has played throughout his decades-long career.

A film based on his life was released by Netflix. His annual income is estimated to be around $2 million. Avant has also received various awards such as the Presidential Meritorious Service Award. He has also been inducted into the Rock and Roll Hall of Fame.

He also received the prestigious Ahmet Ertegun Award. He has been in the news recently following the death of his wife, Jacqueline Avant, who was shot dead by intruders. Condolences began pouring in to the family from fans around the world.

Avant has also advised many people throughout his career, including Bill Clinton, Barack Obama and many others. He also founded a broadcasting company. Clarence Avant currently lives at his home in Beverly Hills, Los Angeles.

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