Clarence Alexander Avant is a music executive and entrepreneur has a net worth of $50 million. He was born on February 25, 1931, and also well known as ‘The Black Godfather.’ 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.
He has been in the news lately after his wife Jacqueline Avant was shot dead in their mansion at Beverly Hills in Los Angeles. Today in this post we are going to tell you in detail about Clarence Avant, his total net worth, his earnings, salary, and all other business. Looking at his luxurious lifestyle you should be wondering how much money he makes. So, the answer to all your questions will be given today in this post. Let’s take a look at his net worth.
Clarence Avant Net Worth
|Full Name:||Clarence Avant|
|Net Worth:||$50 Million|
|Age:||90 Years Old|
|Born:||February 25, 1931|
Clarence Avant Net Worth Growth
|Net Worth in 2022||$50 Million|
|Net Worth in 2021||$48 Million|
|Net Worth in 2020||$46 Million|
|Net Worth in 2019||$45 Million|
|Net Worth in 2018||$44 Million|
Clarence Avant was born on 25 February 1931 in North Carolina, USA. There is not much detail available about his parents. However, he has seven siblings. He completed his high school at Dudley High school.
He moved to New Jersey when he was just in his teenage years to work as a stock clerk who maintained a law directory. Not much is known about where he finished his university. He then started his career as a music manager and has managed many artists such as Sarah Vaughan, Pat Thomas, and Wynton Kelly.
Clarence Avant started his career as a nightclub manager. He then managed Lalo Schifrin and Jimmy Smith. Avant then went on to start the Avant-Garde enterprise. He then went on to engineer for Venture Records Inc. after that he went on to create the Sussex ventures in 1969. The company ran under loss and he has to sell it in an auction. He then created the Avant-Garde Broadcasting.
He went on to buy the first Afro-American FM station in Los Angeles. He has also served as an executive producer and the main highlight being the movie Save the Children for which Avant was the executive director. The movie spoke about refugee children in various pathetic conditions.
Clarence Avant has helped launch many music stars throughout his career. The exact details of his monthly income are still not available. A Netflix documentary titled ‘The Black Godfather’ was released based on his life story. His primary sources of income were through his career as an executive producer and as a music producer. He has also started many ventures which were also a source of his earnings.
|Favorite Actor||Robert Downey Jr.|
|Favorite Actress||Not Know|
|Favorite Singer||Not Know|
|Favorite Food||Not Know|
|Favorite Song||Not Know|
|Favorite Movie||Don’t Know|
|Favorite Cricketer||Virat Kohli|
|Favorite TV Show||Not Know|
|Net Worth||$50 Million|
|Date Of Birth||February 25, 1931|
|Income||$2 Million (Annual)|
Clarence Avant was raised as a Christian. He was married to Jacqueline Avant in the year 1967. The couple had children together, one of his daughters is married to the CEO of Netflix, Ted Sarandos. Avant has been in the news after his wife was shot dead at their home in Los Angeles on 1 December 2021 by home intruders. Avant was not hurt in the shootout. There are no reports that talk about Avant’s hobbies and how he likes to spend his free time.
The primary factors which determine his wealth include various real estate properties he owns the various companies and ventures that he has started, the various artists that he launched and mentored, and his career as an executive producer. He has also received various prize money, all of which help to add up to his wealth.
As of 2022, Clarence Avant’s net worth is estimated at around $50 million. Avant is an American music executive, entrepreneur, and film producer who is well known as ‘The Black Godfather. Most of his income comes from the various roles that he has played through his many decade-long careers. A movie based on his life was released by Netflix. His annual income is pegged at around $2 million.
Avant has also been a recipient of various awards such as the President’s Merit Award. He has also been inducted into the Rock and Roll Hall of Fame. He has also received the prestigious Ahmet Ertegun Award. He has been in the news lately after the death of his wife Jacqueline Avant, who was shot dead by intruders. Condolences started pouring in for the family from fans throughout the world.
Avant has also mentored various people throughout his career that including Bill Clinton, Barack Obama, and many others. He had also started a broadcasting agency. Clarence Avant currently lives at his home in Beverly Hills, Los Angeles.