Lionel Richie net worth – 200 Million bucks!
Lionel Richie, full name Lionel Brockman Richie Jr., is a popular American musician, singer, songwriter, actor and record producer. He rose to fame with the band Commodores, which worked with Motown Records label. After nearly fifteen years with this band, Lionel released his eponymous solo album. Lionel Richie reached the stores in 1982. It featured numerous hits, including “My Love”, “You Are” and “You Mean More to Me”. The album’s lead single, entitled “Truly”, became an instant success, topped the Billboard Hot 100 and significantly increased the sales of the whole album. Lionel Richie net worth is currently estimated at $200 million, making him one of the wealthiest singers in older generation.
Lionel was born in Alabama, in a family of Lionel Brockman Richie Sr. and Alberta R., nee Foster. The boy was raised in Tuskegee and later moved to Illinois, where he attended Joliet Township high School. While studying here, Lionel excelled at tennis and earned sports’ scholarship for college. None of his peers and teachers would have been surprised if you told them that one day his tennis skills will boost Lionel Richie net worth to millions of dollars. However, his path led towards the music industry. Richie formed his first R&B band while still studying in Tuskegee. After graduation, he joined the band Commodores as a saxophonist and singer.
In 1968 the band landed a contract with Atlantic Records, but soon left the label to sign with Motown.
That’s when Lionel Richie net worth started to grow on the fast track. The audience loved Commodore’s for their danceable, easy listening songs, most of which were written by Richie. His most prominent ballads recorded and performed with the group included “Brick House”, “Machine Gun”, “Three Times a Lady”, “Easy”, “Still” and “Sail On”. By the end of 70s Lionel started writing songs on commission. For example, Kenny Rogers’ hit “Lady”, which was especially popular in 1980, was actually written by him. In 1981 Lionel recoded a duet with a legendary singer, the former member of The Supremes, Diana Ross. The song topped the charts all over the world and turned Lionel into No. 1 star over a night.
Richie’s solo career started in 1982, when he released his eponymous album. His second record, Can’t Slow Down, reached stores the following year. The album was incredibly commercially successful, sold over 8 million records and garnered Lionel two Grammies, one of which was for an Album of the year. It featured such international hits as “All Night Long”, “Penny Lover”, “Stuck on You”, “Hello” and “Running with a Night”. The sales from this album added a considerable sum to Lionel Richie net worth and marked the beginning of his impressive solo career.