J sold his clarinet for $200. He’s now a music mogul…

J sold his clarinet for $200. He’s now a music mogul…


norman lebrecht

July 22, 2017

From Finfeed:

After selling his clarinet for $200, 10-year-old Jaddan Comerford became an investor,  putting the money into the stock market – specifically, shares in the National Australia Bank. That decision would turn out to have a major impact on his life and 23 years later, Comerford is the founder and CEO of UNIFIED Music Group, one of Australia’s fastest growing, privately owned independent music bodies. 

His business is worth $7 million.

Read on here.


  • Victor Meldrum says:

    Odd story, hard to believe when you read about all NAB’s troubles with foreign currency fraud etc.

    $200 invested over 23 years would not be $7m.


  • Robert Holmén says:

    I’ll note that the article says his business “turn[ed] over $7 million in revenue last year” which is quite different from actually being worth $7 million.

    And Australian dollars, pfff… multiply by 0.79

  • Tommy says:


    Here I can read:
    “UMG currently has two (2) active recording artists on their roster”

    … hmmm … well, I guess I don’t know what a music mogul is, since I was thinking of something big, even huge.

    This is worth a 🙂