Los Angeles-based Iovine is best known as the founder of Interscope Records, as well as the co-founder of Beats By Dre, which sold to Apple for $3bn in 2014. Iovine has also racked up an impressive list of credentials as a producer and engineer down the years. He rose to prominence as an engineer in the 1970s, working with John Lennon (Walls & Bridges, Rock & Roll) and Bruce Springsteen (Born To Run, Darkness On The Edge Of Town).
Source: Jimmy Iovine sells producer catalog royalties to Hipgnosis (so he can build a school)