Avant, Clarence

Music executive Clarence Avant was born on February 25, 1931 in the small town of Climax, North Carolina. He went to school through his junior high years in a one-room school house before attending James B. Dudley High School in Greensboro, North Carolina. At the age of sixteen, Avant decided to move to New Jersey to live with his aunt and cousin. He began working as a manager at Teddy P's Lounge, owned by Teddy Powell, where he met the blues artist Little Willie John. Little Willie John was so impressed by Avant that he asked him to be his road manager, and more clients soon followed. In 1967, Avant helped sign William Stevenson with MGM, engineering the first joint venture between an African American artist and a major record company with the incorporation of Venture Records, Inc into MGM Records in California.

Avant was known in the business world as a great deal-maker, and in 1968, Al Bell enlisted his help to sell Stax Records to Gulf & Western. The deal was finalized for $4.3 million. The next year, Avant founded Sussex Records and bought the KAGB-FM radio station in 1973, both ventures closed in 1975. However, Avant had realized his passion for the music business and founded Tabu Productions in 1976. In 1987, Avant helped to promote Michael Jackson's first solo tour which grossed $125 million. He was named Chairman of the Board of Motown Records in 1993. One year later, Avant worked with a group of other notable African American investors to create a $20 million investment partnership in South Africa called New Age Beverages. New Age partnered with PepsiCo to build a bottling plant in South Africa, which would be completely run by South Africans.

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