Lionel Richie | Musician and Record Producer | $200 Million

The singer-songwriter first found fame together with his group, The Commodores. As a unit, they were signed with Atlantic Records before eventually moving to Motown. As a support act for the Jackson 5, they slowly gained their own fanbase. It was during the late ’70s when Lionel began writing songs for other artists, including Lady, which he penned for Kenny Rogers. The song became an instant hit.

He also began as a solo artist and performed and wrote Easy, Three Times a Lady, Still, and Sail On. After launching his solo music career and hitting charts with his songs, he went on to co-write the 1985 charity song We Are The World with Michael Jackson, which was a sure commercial success. At present, he continues to tour, and is even a judge on American Idol. Though he may not be as active as he once was, Lionel still maintains his wealth through some smart investment planning.