Leonard Chess was one of the most successful record producers of the 1950s. In 1947, he founded the record label Aristocrat Records with a group of investors. In 1950, he bought out the other investors and took over the label as its sole owner. He also renamed it Chess Records. In 1969, he died of a heart attack.
His net worth was estimated to be between $1 million and $6 million. Most of his wealth came from his primary career as an Executive. Chess died at the age of 52. He had three children before he died. Leonard Chess net worth is estimated to be anywhere between $1 million and $6 million.
Leonard Chess was born in 1917 in Poland. In 1928, his family immigrated to the U.S. and settled in a Jewish neighborhood on Chicago’s South Side. In the 1940s, he opened a chain of taverns, including the famous Macomba nightclub. It hosted musicians such as Ella Fitzgerald, Gene Ammons, and Billy Eckstine. During his time in Chicago, he also became aware of the lack of black record labels and eventually set up his own.
Leonard Chess’ son Jamar is also a well-known American talent manager. His father, Leonard Chess, founded Chess Records in Chicago in the 1950s. He signed artists such as Chuck Berry, Ike Turner, and Etta James. He also became a friend of Howlin’s uncle and was an executive producer of seven Rolling Stones albums.
Chess also had a son named Marshall, who was in the music industry. Marshall Chess studied at Columbia University and earned an honors degree in Economics. He is also known as Garry Marshall. Marshall Chess’ net worth is estimated to be in the six figures.
In 1964, the Rolling Stones came to Chess’ studios to record a song in tribute to Howlin Wolf and Muddy Waters. His music quickly moved up the charts and he was awarded a brand-new Cadillac for the feat. While his music was influential, he also suffered from questionable business dealings.
Chess’s record label was renowned for discovering up-and-coming talent and establishing a reputation as a cutting-edge urban blues label. He sought out talent outside of the Chicago area. He was introduced to Howlin’ Wolf by Memphis-based producer Sam Phillips, who had sent the masters of his recordings. The pair’s debut hit, “How Many More Years,” was a huge hit in 1951. In 1953, Howlin’ Wolf relocated from Memphis to Chicago.
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