How Much Is Lyor Cohens Net Worth? Details About His Earnings And Family

June 2024 · 4 minute read

Lyor Cohen is an American record executive and entrepreneur with 35 years of revolution in the feild of hip-hop music.  

Cohen began his career managing and recording rappers at Rush Productions in the 80s, then he started Running Def Jam in the 90s in search of young and talented singers. He has consolidated numerous recording entities such as large as well as independent labels and headed over a major label and assumed executive responsiblities at World Wide Music Group. 

Cohen started his music career at the very sharp edge as a manager for a rap group to becaming Youtube`s Global Head of Music. Throughout his career he might had the ups and downs but his powerful and positive leadership quality forecasted its rays to bring the revolution in the hip-hop world of music. 

Quick Facts

NameLyor Cohen
Born3 October, 1959
BirthplaceNew York City, U.S
OccupationCo-founder of 300 Entertainment, Global Head of Music at YouTube
NationalityAmerican, Isreali
SpouseXin Li
Net Worth$150 Million

How Much is Lyor Cohen’s Net Worth in 2022?

Lyor Cohen has an estimated net worth of $150 million and is known to be the Chief Executive Officer and North American President of Music Recording for Warner Music Group(WMG). He is the reason behind the evolution of hip-hop and influenced hip-hop groups such as Beasties Boys, Foxy Brown, LL Cool J, Jason Mizell, Nas, and others.

The Guy Who Signed Slick Rick and Jay Z Is Still Killing It https://t.co/YWcg0f1XjH @lyorcohen pic.twitter.com/9Ve61M4Gc0

— 300 Entertainment (@300) October 22, 2015

In addition, Cohen earns through various promotional activities arranged for famous artists such as Jon Bon Jovi, the Band slayer singer Mariah Carey and jip-hop musicians Sean Combs and Jay-Z. 

Cohen founded his independent label 300 Entertainment in 2012. In September 2016, He was named Youtube`s Global Head of Music, and the same month he announced his departure from 300 Entertainment. 

Lyor Cohen’s Earnings Details Throughout His Career

In 1984, New York Cohen got accepted into a position as Run-tour DMC`s manager for various artists performing at Hollywood`s The Mix Club with Rusell Simmons through Rush Productions. For his negotiating power and No nonsense approach to business Cohen arranged the endorsement deals for Run-DMC with Adidas, New Coke, and Troop Clothing.

Later, Cohen was named co-president of the company after combining Def Jam, Mercury, and Island as The Island Def Jam. The label later recruited non-rap artists like Mariah Carey, Bon Jovi, and Shania Twain.  

In 2001 after the departure from Def Jam, he joined Warner Music Group. He even managed an arrangement with Spotify in 2011and in 2006 and presented a deal between Youtube and Warner that was”The first time a major record business leased content to Youtube”. 

In 2012, he parted his way from Warner Music Group and started 300 Entertainment to promote more innovative and futuristic artists.

Lyor Cohen’s Early Life and Family

Lyor Cohen was born on 3 October 1959 in New York City. After being born in New York, Lyor Cohen spent the early years of his life with his parents in Isreal. His parents were Israeli Immigrants. He was still a young boy when his family returned to the States and shifted to Los Angeles, California.

In 1977, Cohen graduated from Marshall High School. After the completion of his High School education, he went to study global marketing and finance at the University of Miami, Florida, and graduated in 1981. Lyor`s brother Daniel Shulman is a popular bass guitarist.

After graduation, he decided to spend a year in his home country with some of his Ecuadorian colleagues to try his hand at the shrimp business but he failed lacking experience and returned to the United States.  Later, Lyor decided to work in the Beverly Hills office of Bank Leumi.

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Who is Lyor Cohen`s wife, Xin Li?

Xin Li is the second wife of Lyor Cohen who is a former Chinese basketball player, and model and is currently the Deputy Chairman of Christie`s Asia. She is a wedding art world personality. She has developed a reputation as Christie`s secret weapon for helping the auction house rake in hundreds of millions from wealthy Asian clients at contemporary sales. Her deep connection to the core of Asian billionaires has made her an indispensable asset to the auction house.

Back in August 2016, they tied the knot in a private wedding among their family and close friends in Hamptons. The couples reportedly met on a beach on the exclusive Caribbean island of St. Barts in January 2015 and had been inseparable since. 

According to the reports, Cohen proposed to Xin in the Italian city of Florence in June, only six months after their initial meeting. 

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