Art Laboe’s Legacy: A $25 Million Worth of Impact
Art Laboe, the legendary “oldies but goodies” DJ, left an enduring legacy with a net worth of $25 million. His diverse ventures, including radio station ownership, record label founding, and wise investments, contributed to his financial success.
A Pioneer in Music and Inclusivity
Laboe’s signature format of classic hits and heartfelt dedications made him a beloved figure. His radio shows played a pivotal role in desegregating Los Angeles, using music to foster unity and understanding.
Business Acumen: Building an Empire
Beyond DJing, Laboe’s business savvy extended to radio station ownership and record label Original Sound. The royalties from these ventures further swelled his substantial fortune.
Personal Life and Philanthropy
Laboe’s personal life included marriages, family, and charitable endeavors. He was a generous supporter of the Art Laboe Foundation, providing assistance to the needy.
Key Points:
- Art Laboe’s net worth of $25 million reflects his successful career and business ventures.
- His “oldies but goodies” format made him a beloved radio icon.
- Laboe used his platform to promote inclusivity and break down racial barriers.
- He established the Art Laboe Foundation to support charitable causes.
Family and Ethnicity
Laboe had two sons with his second wife, Arthur Jr. and Danny. Sadly, both his sons predeceased him.
Laboe’s Armenian heritage played a significant role in his life. He used his platform to promote racial equality and foster unity among different communities.
Key Points:
- Laboe had two sons, Arthur Jr. and Danny.
- His Armenian heritage shaped his personal and professional life.
- He was a strong advocate for diversity and inclusivity.
Name Change: A Reflection of Industry Biases
Born Arthur Egnoian, Laboe changed his name to “Laboe” at the suggestion of his radio station manager. The name change was motivated by the industry’s bias against “ethnic”-sounding names.
Despite the name change, Laboe remained true to his roots, using his shows to promote diversity and inclusivity.
Key Points:
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