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    The Net Worth of Dave Shapiro at the Time of His Death

    George FernandasBy George Fernandas23/05/2025Updated:23/05/2025No Comments13 Mins Read
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    Net Worth Dave Shapiro
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    Dave Shapiro, the influential music agent and co-founder of Sound Talent Group, left an indelible mark on the entertainment industry before his tragic death in a San Diego plane crash in May 2025.

    Known for guiding the careers of major rock and alternative acts, Shapiro also ventured into aviation and label ownership. In this article, we explore Dave Shapiro’s net worth and the legacy of innovation, independence, and impact he built across multiple industries.

    Information Details
    Full Name Dave Shapiro
    Date of Birth 1977 (Exact date not publicly confirmed)
    Gender Male
    Age 47 years old (at time of death in 2025)
    Place of Birth Upstate New York, USA
    Nationality American
    Profession Music Agent, Entrepreneur, Pilot
    Position Co-Founder, Sound Talent Group
    Education Not publicly disclosed
    Height Not publicly disclosed
    Marital Status Married
    Spouse Julia Pawlik Shapiro (m. 2016)
    Children None publicly known
    Net Worth Estimated $5–10 Million (as of 2025)
    Zodiac Sign Not publicly confirmed
    Known For Sound Talent Group, Velocity Records, Advocacy for Independent Artists

    The Social Power of Dave Shapiro

    Shapiro has millions of followers on her social media profiles. Here is the distribution of her followers:

    • Instagram: @davevelocity—9K followers

    What is the Net Worth of Dave Shapiro at the time of his death?

    At the time of his untimely death in May 2025, Dave Shapiro had quietly amassed significant wealth through a multifaceted career that extended well beyond the traditional scope of music agency work. Though he was never one to flaunt his success publicly, Shapiro’s portfolio of ventures paints the picture of a savvy entrepreneur who leveraged his industry knowledge and personal passions to build a diverse and valuable empire.

    His estimated net worth is believed to have been in the range of $5 million to $10 million, though the exact figure remains private due to his non-celebrity status and the nature of his private businesses.

    How did Dave Shapiro become so rich?

    Shapiro enjoyed a flourishing career in the music industry, paired with strategic investments that allowed him to accumulate a considerable fortune. Below is a closer look at the key financial ventures that shaped his wealth.

    1. Music Industry Earnings: Sound Talent Group

    As a co-founder of Sound Talent Group in 2018, Shapiro played a central role in managing and booking tours for high-profile clients including Sum 41, Parkway Drive, Pierce The Veil, and even pop artists like Vanessa Carlton and Hanson.

    The agency quickly established itself as a go-to powerhouse in the world of independent rock and metal touring. Given the agency’s growth and client list, it’s likely that Shapiro held an equity stake that generated steady revenue through commissions, deal cuts, and retained contracts.

    In an industry where agents typically earn 10–15% of artists’ touring revenue, Shapiro’s work with mid- to top-tier touring acts would have yielded substantial earnings, particularly during peak touring years.

    2. Record Label Ownership: Velocity Records

    Shapiro’s involvement with Velocity Records, a label revived under the Equal Vision Records umbrella, further contributed to his income streams. Velocity released music from notable bands like Scary Kids Scaring Kids and Destroy Rebuild Until God Shows, catering to a loyal fanbase in the post-hardcore and alternative scenes. While the niche nature of the label suggests moderate revenue, ownership and licensing deals provided additional financial security.

    3. Aviation Ventures: Velocity Aviation & Daviation LLC

    Outside of music, Shapiro pursued his passion for flying by founding Velocity Aviation, a flight school operating in San Diego, California, and Homer, Alaska. He also owned Daviation LLC, the entity that held the registration for his personal aircraft—a 1985 Cessna Citation II jet (tail number N666DS), which tragically crashed in 2025.

    These businesses reflect both personal interest and investment strategy. While not on the scale of major commercial aviation ventures, private flight schools and aircraft ownership can generate income through charter services, pilot training, and leasing arrangements. The value of the aircraft alone was estimated between $500,000 and $800,000, depending on its condition and upgrades.

    4. Real Estate and Personal Assets

    Shapiro split his time between two residences—a home in San Diego and another in Homer, Alaska, both of which would carry significant market value. San Diego real estate is known for its high property values, while Homer offers unique investment potential due to its scenic and remote appeal.

    In addition to real estate, Shapiro’s estate likely includes:

    • Music rights and royalty earnings

    • Aviation equipment and training assets

    • Investment accounts and retirement savings

    • High-end personal items (vehicles, instruments, etc.)

    5. Legacy and Estate Value

    Though his businesses were privately held and not publicly traded, the cumulative value of his assets, investments, and intellectual property points to a net worth in the multi-million-dollar range. The real wealth, however, lies in the infrastructure and networks he helped build—institutions and artists that will continue to generate income and influence for years to come.

    Shapiro’s financial legacy is also rooted in his dedication to empowering independent musicians and creating sustainable pathways outside the traditional music industry mold. His impact was both economic and cultural, ensuring that his name will resonate in artist rosters and entrepreneurial circles long after his passing.

    Early Life of Dave Shapiro

    Dave Shapiro’s journey into the music industry was deeply rooted in his formative years in upstate New York. Immersed in the straightedge hardcore scene—a subculture advocating for a lifestyle free from drugs and alcohol—Shapiro developed a strong foundation in discipline and community values. This environment not only shaped his personal ethos but also ignited his passion for music.

    In high school, Shapiro co-founded the pop-punk band Count the Stars with friends Chris Kasarjian and Clarke Foley. Initially performing under the name Visual Reason, the band self-released their debut album, Another Useless Night, through Dreamsand Records. Their grassroots approach, including selling CDs at local shows and malls, helped them cultivate a dedicated underground following, with sales exceeding 5,000 copies.

    The band’s growing popularity caught the attention of Victory Records, a Chicago-based label known for its roster of punk and hardcore acts. In 2003, Count the Stars released their album Never Be Taken Alive under Victory Records. They embarked on extensive tours, sharing stages with bands like Taking Back Sunday, The Early November, Fall Out Boy, and Copeland, and even participated in the Vans Warped Tour. Unfortunately, a van accident in September 2003 disrupted their momentum, leading to the band’s dissolution later that year.

    Following the band’s breakup, Shapiro transitioned from performing to the business side of music. He began working as a booking agent, leveraging the connections and insights he gained during his time with Count the Stars. His firsthand experience as a touring musician provided him with a unique perspective, enabling him to understand and advocate for artists effectively. This shift marked the beginning of his influential career in artist representation and talent management.

    Dave Shapiro’s Rise in the Music Industry

    Dave Shapiro’s ascent in the music industry was marked by strategic career moves, a keen eye for talent, and a commitment to supporting independent artists.

    Early Career at The Agency Group and United Talent Agency

    Shapiro began his professional journey in the music industry at The Agency Group, where he honed his skills in artist representation. His tenure there laid the foundation for his subsequent role at United Talent Agency (UTA), one of the leading talent agencies globally. At UTA, Shapiro continued to build his reputation, working with a diverse roster of artists and gaining invaluable experience in the intricacies of the music business.

    Co-Founding Sound Talent Group in 2018

    In 2018, leveraging his extensive industry experience, Shapiro co-founded Sound Talent Group (STG) alongside Tim Borror and Matt Andersen. STG was established as an independent music agency dedicated to providing personalized representation for artists across various genres. The agency quickly gained prominence for its artist-centric approach and commitment to fostering long-term relationships.

    Representation of Notable Acts

    Under Shapiro’s leadership, STG represented a wide array of notable acts, including:

    • Sum 41: The Canadian rock band known for hits like “Fat Lip” and “In Too Deep.”

    • Pierce The Veil: A post-hardcore band with a significant following in the alternative music scene.

    • Parkway Drive: An Australian metalcore band recognized for their energetic performances.

    • Vanessa Carlton: The singer-songwriter famous for her debut single “A Thousand Miles.”

    • Hanson: The pop-rock band consisting of the Hanson brothers, known for their hit “MMMBop.”

    These collaborations underscored Shapiro’s versatility and ability to navigate different musical landscapes.

    Advocacy for Independent Musicians

    Beyond artist representation, Shapiro was a staunch advocate for independent musicians. In 2020, he co-founded the National Independent Talent Organization (NITO), aiming to support and protect the interests of independent artists, booking agents, and talent representatives. NITO played a crucial role in addressing the challenges faced by the independent music community, especially during unprecedented times.

    Recognition in Billboard’s 2012 “30 Under 30” List

    Shapiro’s contributions to the music industry did not go unnoticed. In 2012, he was featured in Billboard’s “30 Under 30” list, which highlights young professionals making significant impacts in the entertainment sector. This recognition affirmed his influence and the respect he garnered among peers and industry stakeholders.

    Through his dedication, innovative approach, and unwavering support for artists, Dave Shapiro left an indelible mark on the music industry, shaping the careers of many and championing the cause of independent music professionals.

    Dave Shapiro’s Entrepreneurial Ventures

    1- Velocity Records

    Beyond his role as a music agent, Dave Shapiro co-founded Velocity Records, a label that became a significant platform for alternative and post-hardcore artists. Under his leadership, the label signed and promoted bands such as Thursday and Craig Owens, contributing to the diversification of the rock music scene. Shapiro’s vision for Velocity Records was to provide artists with creative freedom while ensuring they had the necessary support to reach wider audiences.

    2- Velocity Aviation

    Shapiro’s passion for aviation led him to establish Velocity Aviation, a flight school operating in both San Diego, California, and Homer, Alaska. The school offered pilot instruction and aimed to make aviation more accessible to enthusiasts. Through Velocity Aviation, Shapiro combined his love for flying with his entrepreneurial spirit, creating opportunities for others to pursue aviation.

    3- Daviation LLC

    In addition to his flight school, Shapiro owned Daviation LLC, a company registered in Homer, Alaska. This entity owned the 1985 Cessna Citation II jet (tail number N666DS) involved in the fatal crash. Daviation LLC represented Shapiro’s commitment to aviation, reflecting his dedication to both personal and professional pursuits in the field.

    Personal Life and Passions of Dave Shapiro

    Marriage and Adventurous Wedding

    In 2016, Dave Shapiro married Julia Pawlik in an extraordinary ceremony atop a glacier in Denali National Park, Alaska. The couple’s adventurous spirit was evident in their choice of location, accessible only by a ski-equipped plane. Their wedding was a testament to their shared love for exploration and the outdoors.

    Aviation Enthusiast

    Shapiro’s dedication to aviation was not limited to his businesses; he was a certified pilot who obtained his airline transport pilot rating in 2019, the highest level of pilot certification in the U.S. He often shared his flying experiences on social media, expressing how piloting provided him with focus and a sense of freedom.

    Adrenaline Activities

    Known for his adventurous nature, Shapiro was also a retired BASE jumper. His inclination towards adrenaline-fueled activities mirrored his dynamic personality and zest for life.

    Residences

    Shapiro and his wife maintained residences in both San Diego and Homer, Alaska. These locations reflected their diverse interests, from the bustling music scene in California to the serene landscapes of Alaska, aligning with their professional endeavors and personal passions.

    The 2025 San Diego Plane Crash

    On May 22, 2025, tragedy struck when a Cessna Citation II jet crashed into the Murphy Canyon neighborhood of San Diego at approximately 3:45 a.m. The aircraft, owned by Daviation LLC and piloted by Dave Shapiro, was en route from Teterboro, New Jersey, with a stopover in Wichita, Kansas, heading to Montgomery-Gibbs Executive Airport.

    The crash resulted in the deaths of all six individuals on board, including Shapiro, two employees from Sound Talent Group, and Daniel Williams, former drummer of The Devil Wears Prada. The incident caused significant damage on the ground, destroying one home, damaging several others, and igniting fires that led to the evacuation of over 100 residents. Investigations by the National Transportation Safety Board and the Federal Aviation Administration are ongoing to determine the exact cause of the crash.

    Tributes and Industry Impact

    The music industry mourned the loss of Dave Shapiro, with tributes pouring in from artists, colleagues, and fans. Sound Talent Group released a statement expressing their devastation over the loss of their co-founder and colleagues.

    Artists highlighted Shapiro’s unwavering support for emerging talent and his genuine character. His contributions to the music scene, particularly in promoting independent artists and shaping the careers of numerous bands, left an indelible mark. Shapiro’s legacy continues to inspire those within the industry, reflecting his passion, dedication, and the profound impact he had on the lives of many.

    Conclusions

    Dave Shapiro’s life was a rare blend of artistic passion, business acumen, and fearless adventure. From his teenage years in the straightedge hardcore scene of upstate New York to co-founding one of the most influential independent music agencies in the country, he built a legacy defined by authenticity, innovation, and unwavering support for the artists he championed. His ventures into record labels and aviation showed a relentless drive to follow his passions, turning them into platforms for growth, mentorship, and community.

    Though his life was tragically cut short in the 2025 San Diego plane crash, Shapiro’s impact continues to echo through the artists he helped elevate, the industry standards he helped reshape, and the independent spirit he embodied. His story is a reminder that behind the scenes of the music industry are individuals whose vision and heart quietly shape the soundtracks of our lives.

    Frequently Asked Questions about Dave Shapiro

    Who was Dave Shapiro?

    Dave Shapiro was a prominent music agent and entrepreneur best known for co-founding Sound Talent Group and representing major acts like Sum 41 and Parkway Drive.

    What was Dave Shapiro’s net worth at the time of his death?

    While exact figures are not public, estimates place his net worth between $5 million and $10 million, stemming from his work in music, aviation, and business.

    What bands did Dave Shapiro represent?

    He represented a wide range of artists including Pierce The Veil, Parkway Drive, Sum 41, Vanessa Carlton, and Hanson.

    Did Dave Shapiro have a background in music himself?

    Yes. He was a founding member of the band Count the Stars, which signed with Victory Records in the early 2000s before transitioning to a career in artist representation.

    What other businesses did Dave Shapiro own?

    He founded Velocity Records, Velocity Aviation, and Daviation LLC, showcasing his entrepreneurial interests in both music and aviation.

    Was Dave Shapiro a pilot?

    Yes. He earned his airline transport pilot rating in 2019 and founded a flight school offering services in San Diego and Homer, Alaska.

    How did Dave Shapiro die?

    He tragically died in a plane crash on May 22, 2025, in San Diego, while piloting his own Cessna Citation II jet. The crash also killed five others.

    What legacy did he leave behind?

    Shapiro left a lasting impact on the independent music scene, co-founding the National Independent Talent Organization (NITO) and shaping countless artists careers through his advocacy and mentorship.

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    George Fernandas
    • Website

    I'm a Senior Entertainment Writer specializing in film and TV news, features, and interviews with top industry talent. Passionate about Marvel, Star Wars, anime, and the latest films, I bring fresh insights to the screen. Beyond writing, I enjoy treaking, scuba diving and online games.

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