- Was an engineer in the mid-1970s for John Lennon and Bruce Springsteen, and produced hit albums for U2, Dire Straits, the Eurythmics, Stevie Nicks, Tom Petty & The Heartbreakers, The Pretenders, Bob Seger and Patti Smith.
- Co-founded Interscope Records in 1990, introducing artists such as No Doubt, Dr. Dre, Nine Inch Nails, Eminem, Limp Bizkit, Enrique Iglesias, Mya, 2Pac, Smash Mouth and Eve.
- Last name is pronounced "Eye-veen".
- Worked with John Lennon on his "Rock 'n' Roll" and "Walls and Bridges" albums, as an assistant engineer. Iovine accidentally stretched and ruined a master tape early on; rather than get angry, Lennon snapped a Polaroid photo of the embarrassed Iovine, showed it to main engineer Roy Cicala, then told Iovine "We're gonna save this picture, and show it to you someday when you're a great producer, you dumb f**k!".
- Named one of the five hottest producers of the 1980s by Billboard and twice voted Producer of the Year by Rolling Stone.
- Father was a longshoreman.
- Co-founded Beats by Dre alongside Dr. Dre.
- Is an investor in the line of cocktails Gin & Juice.
- Co-founded the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation alongside Dr. Dre.
- Received an honorary Doctor of Music from USC in May 2013.
- Co-founded the Iovine and Young Center alongside Dr. Dre.
- Endowed the USC Iovine and Young Academy with a transformational $70 million gift in 2013.
- On the board of directors for Live Nation Entertainment.
- Claimed the Recording Academy's Producers and Engineers Wing Honor in 2012.
- Co-founded digital music streaming service Beats Music with Dr. Dre.
- Inducted into the California Museum's California Hall of Fame with Dr. Dre in 2014.
- Earned induction into the Rock & Roll Hall of Fame in 2022.
- Grew up in the Red Hook neighborhood of Brooklyn, New York.
- Honored with the Wall Street Journal Innovator Award in 2014.
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