About Berry Gordy
Berry Gordy is an American songwriter and record producer. He is widely known as the founder of one of the most profitable record labels, Motown. As for 2013, Berry Gordy net worth is estimated at $345 million, making him one of the wealthiest men in music industry. The future millionaire was born in Detroit, in a large family of Bertha Fuller and Berry Gordy II. Berry is one of the youngest kids brought to the world by Bertha and has seven siblings: Esther, Loucye, Anna, Gwen, George, Fuller and Robert.
Unlike his older brothers and sisters, Berry never showed interest in studying and decided to quit high school after eleventh grade. As most of the young people, he dreamed about getting rich fast and preferably without much effort. At first, Gordy tried to fulfill this dream by becoming a professional boxer. Unfortunately, when Gordy turned 21 he was forced to serve his civil duty and join the U.S. Army forces. Along with thousands of others, he was sent to fight in Korean War. Today we could only guess weather sports could have boosted Berry Gordy net worth to its current heights, but this does not seem likely.
Following his return to the United States in 1953, Berry got interested in Jazz Music and opened a small record store. His shop soon went bankrupt, but this failure did not break Gordy’s spirit. His dream to make money from doing what he actually loves to do, working with music, started turning into reality in 1957, when Barry met a famous singer, Jackie Wilson. Together with his sister Gordy has co-written Wilson’s hits “Lonely Teardrops” and “Reet Petite”. This later song was reissued as a single in 1986 and topped the charts in both United States and United Kingdom. Around the same period the siblings, Berry and Gwen, cooperated in writing Eta James’ hit “All I Could Do Was Cry”.
Although the songs he sold did not boost Berry Gordy net worth to millions of dollars, these revenues were useful as a starting capital for his private business. By the end of 1950s Berry has launched a company, which eventually became known as Motown Records. Barry’s first successful releases were The Miracles’ singles “Bad Girl” and “Shop Around”, which topped the charts in 1960. The following year Motown started working with The Marvelettes and soon turned the four girls into international stars with the song “Please Mr. Postman”. Following this breakthrough Barry Gordy net worth started to grow at the speed of light. During the next decade he signed a number of artists currently remembered as the greatest musicians of 20th century, including the Supremes, Jackson 5, The Velvettes, The Comodores and Stevie Wonder.