Source of Wealth:Music, Poker
Date of Birth:February 6, 1928
Occupation:Record Label Owner, Poker Player
Alan Meltzer is an American businessman with a net worth of $8 Million. He is best known as the founder of Wind-Up Records that was established in 1997. In later years, he has also been into poker.
Alan began his career with CD One Stop followed by Grass Records. Wind-up, at present is the largest independent record label in the world. The company promotes itself with developing career artists. Alan founded the company along with his wife Diana Meltzer. His career began in the early 1970’s as an owner of a record store – Titus Oaks Records, Brooklyn. While in New York, he formed One-Stop which specialized in selling CDs that was not available easily. He sold CD One-Stop to Alliance Entertainment in the year 1993.
Meltzer acquired Grass Records which was an indie record label in the summer of 1995 for $950, 000. Around that time he became a consultant to an early online CD selling company called CDNow. Meltzer was the one who signed Evanescence. He was the one who thought Bring Me to Life needs something more to it, and hence he added the rap in it.
Meltzer was busy technically building up careers of new artists. With the help of his wife Diana who was also the co-founder of Wind-up Records, he produced artist like – Creed and Seether. Meltzer also provided health benefits to the artist to make them feel like a family. After the successful venture in the music industry, Meltzer turned to poker – high stakes poker. He soon became popular in Los Angeles. October, 31st 2011, Alan Meltzer the founder of the largest independent record label died. He was sixty seven years old.