8 Music Moguls Who Changed The Game

These moguls play the game so well, they can now make their own rules. Watch as Lucious Lyon deals with the great responsibilities that accompany great power on EMPIRE, Wednesdays 9/8c on FOX.

1. Dr. Dre

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Estimated Net Worth: $700–800M

Legacy: The incredibly influential producer got his break as a part of the rap Group N.W.A. in 1986. Almost three decades later, we haven't forgotten Dre for introducing us to Snoop Dogg, Eminem, and 50 Cent. The mogul solidified his icon status when he dropped The Chronic and solidified his place in the millionaire's club with the sale of Beats by Dre to Apple for $3 Billion.

Quote: “Kids are the ultimate form of motivation. They’re watching. They’re mimicking. They’re an extension of you. So you have to win.”

2. David Geffen

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Estimated Net Worth: $6.8B

Legacy: With an impeccable ear for music, Geffen signed no-names turned icons: The Eagles, Tom Waits, Guns N’ Roses. Risky business moves, like releasing Risky Business under his own film company in the '80s, have paid off big for Geffen who went on to co-found DreamWorks Studios.

Quote: “I thought I'd be a success even back in the mailroom at William Morris.”

3. Richard Branson

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Estimated Net Worth: $4.8B

Legacy: The Branson empire started with the introduction of Virgin Records in the '70s, bringing us some of the biggest names in music (including The Sex Pistols). Today, Virgin Group consists of more than 200 companies in over 30 countries including Virgin Galactic, a space-tourism company.

Quote: “I am prepared to try anything once.”

4. Jay Z

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Estimated Net Worth: $520M

Legacy: Hova's first album, Reasonable Doubt, wasn't a major commercial success upon release, but is now considered a hip-hop institution. It's this kind of foresight that makes Jay one of the rap game's most influential business minds — signing small acts and shaping them into modern day icons. If you're a fan of

Rihanna, Ne-Yo, and J. Cole, you can address your thank you note to Mr. Carter.

Quote: “I’m not a businessman, I’m a business, man.”

5. Jack Warner

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Estimated Net Worth: Worth $15M at time of death. Warner Bros. now earns billions annually.

Legacy: From introducing the world to the first talking picture ("The Jazz Singer") to the introduction of talents like Bob Newhart and Peter, Paul and Mary, Jack Warner is a name that will be synonymous with Hollywood forever. Today, Warner Bros. Studios is still one of the most influential powerhouses in media across all platforms.

Quote: “It’s funny how the harder I work the more successful I become.”

6. Simon Cowell

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Estimated Net Worth: $350M

Legacy: Simon began his career as a mailroom clerk at EMI Music Publishing. After working his way up to an executive assistant left the company to pursue other ventures. Cowell is one of the driving forces behind the success of Pop Idol (UK), American Idol, The X Factor, and many more. He has since introduced artists such as, One Direction, Susan Boyle, and Il Divo. In 2004 the mogul was named one the the Top Entertainers of the Year and UK Personality of the Year.

Quote: “When you get your first pay cheque, it's the best feeling in the world.”

7. Sean Combs

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Estimated Net Worth: $700M

Legacy: In 1993, Diddy started Bad Boy Entertainment and began introducing groundbreaking artists like Biggie Smalls, Lil' Kim, and Faith Evans. His gift and drive earned him “Songwriter of The Year" in 1996. Come 1997 BBE sold nearly $100M recordings.

Quote: “Nobody is going to take you to the front of the line unless you push your way to the front of the line.”

8. Jimmy Iovine

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Estimated Net Worth: $970M

Legacy: Want to talk about starting from the bottom? Iovine’s career began as a record studio janitor. Since founding Interscope, Iovine signed legends such as Nine Inch Nails, Marilyn Manson, and No Doubt. He has also participated in several joint-venture projects such as Beats by Dre. Iovine’s enthusiasm and visions have respectfully placed him at the top.

Quote: “Continue to learn with humility, not hubris. Hubris is boring.”

Get familiar with the hip-hop magnate whose name is synonymous with power on EMPIRE, Wednesdays 9/8c on FOX.

Lucious Lyon

Chuck Hodes / Via FOX / EMPIRE

Estimated Net Worth: $600M

Legacy: Lyon is spearheading his own music empire that’s on the verge of being publicly traded. His three sons are all following in his footsteps and challenging the hip-hop standard. Together the Lyons' multi-platinum label makes their empire an unstoppable force.

Quote: "I never let anything come between friendship... except a bullet."

Catch a glimpse of him here: