Lionel Richie Net Worth

Lionel Richie Net Worth

Lionel Brockman Richie Jr., commonly known as Lionel Richie, is a well-known American musician, actor, singer and songwriter, as well as a record producer. To the public, Lionel Richie is known both as a member of a funk and soul band called “The Commodores”, and also as a successful solo artist. “The Commodores” was founded in 1968 by Lionel Richie, Thomas McClary and Milan Williams. The band achieved most of its success in the 1970s and 1980s, when they signed a record deal with “MoTown Records” and when Richie became the lead singer.

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Lionel Richie Net Worth $200 Million

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With Richie’s guidance, the group released several of its most famous singles, including “Three Times a Lady”, “Nightshift”, “Brick House” and “Lady (You Bring Me Up)”. Over the years, the band released fourteen studio albums, the last one being “No Tricks”, released in 1993 without the help of Richie or Thomas McClary, both of whom left the band in 1982. Inductees into the Vocal Group Hall of Fame, “The Commodores” had a huge impact on Lionel Richie’s early career.

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As a solo artist, Lionel Richie debuted with a self-titled album in 1982, shortly after leaving “The Commodores”. Richie’s solo work proved to be an immense commercial success, as several singles on the album, such as “Truly”, “My Love” and “You Are” all topped the Billboard 100 chart. Such a remarkable solo debut helped Richie establish himself in the music industry as one of the most prominent and best-selling artists.

A famous musician, how rich is Lionel Richie? According to sources, in 2013 Richie added a sum of $1.5 million towards his wealth for his appearance in a promotional campaign for “Tap King”. In regards to his wealth, Lionel Richie’s net worth is estimated to be $200 million. Undoubtedly, most of Lionel Richie’s income and wealth comes from his singing career.

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Lionel Richie was born in 1949, in Tuskegee, Alabama, where he studied at the Tuskegee Institute, and later continued his studies at Auburn University. While still studying at Tuskegee Institute, Richie began forming various bands until he eventually settled down with “The Commodores”, with whom he stayed until 1982. After leaving the band and releasing a commercial and critical success under the name of “Lionel Richie”, Richie went on to focus on his solo career. Following the success of his solo works, Richie came out with “Dancing on the Ceiling”, which produced an Academy Award-winning single entitled “Say You, Say Me”. “Dancing on the Ceiling” is considered to be Richie’s last commercially successful album, as his later attempts at making music were never as popular as their predecessors. When he returned after a hiatus that lasted 10 years, Lionel Richie released two more studio albums, none of which did as well on the market.

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Richie’s further career consisted of many more television appearances, as he started to be featured on such shows as “Canadian Idol” and “Australian Idol”. More recently, Richie went on an “All the Hits All Night Long” tour that started in 2013.

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