Lionel Richie Net Worth

Lionel Richie Net Worth 2020

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Well written and optimised write up on Lionel Richie Net Worth 2020

Grammy Awards winner, Lionel Richie is an American singer, songwriter, record producer and actor. He was a member of the music band, Commodores. Richie has co-written the 1985 charity single We Are the World along with Michael Jackson,  sold over 20 million copies. He has released ten studio albums till date.

Quick Facts:

Full NameLionel Brockman Richie Jr.
Date of BirthJune 20, 1949
BirthplaceTuskegee
Birth SignGemini
ProfessionSinger, Songwriter
NationalityAmerican
Height5’11’
SpouseBrenda Harvey Richie, Diana Alexander Richie
FatherLionel Richie Sr.
MotherAlberta
Net Worth: $200 Million
Last Updated: 2020
ChildrenMiles Brockman Richie, Nicole Richie, Sofia Richie

Introduction 

Lionel Richie is an American singer, songwriter, actor, and record producer from Alabama. Richie’s style of ballads with the Commodores and in his solo career launched him as one of the most successful balladeers of the 1980s.

As of 2020, Lionel Richie’s net worth is roughly $200 million.

Career

In 1968, he was signed on as a singer and saxophonist with the ‘Commodores’. The same year, he signed a record contract with Atlantic Records for one record and then moved on to Motown Records.

He sang the theme song for the film, ‘Endless Love’ along with Diana Ross in 1981. The song went on to become a huge hit in the UK, Brazil, Australia, New Zealand and Japan. It is also considered one of Motown Records’ greatest hits.

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He released his next solo venture, ‘Can’t Slow Down’ in 1983, under the label of Motown Records. The album sold twice as much over his first album and also went on to win a couple of Grammy Awards.

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From 2002 to 2005, Richie’s song ‘Running with the Night’ was featured on the video game, ‘Grand Theft Auto: Vice City’. During this time, he was also seen in the British series, ‘Top Gear’ and on a ‘CMT Crossroads’ episode.

In 2010, he performed at the National Memorial Day Concert in Washington DC and he also performed at the AFL Grand Final Replay.

As of 2020, Lionel Richie’s net worth is roughly $200 million.

Lionel Richie, Bio, Relationship, Career

How Much Is Lionel Richie’s 2020 Net Worth?

As of 2020, the 90s American singer Lionel Richie holds more than $200 million net worth. In fact, he earns a terrible amount of money through his professional career. He has sung many songs throughout his musical career.

The IRS issued a tax lien against him for unpaid taxes, which the artist promised would be “handled immediately” in 2013.

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House and Cars

Lionel Richie bought the Beverly Hill Mansion in 1999 for $6 million which now cost more than $11 million. The 17,000 square foot home was featured in Architectural Digest in 2007. The mansion includes a music studio, sunroom, rose garden, pool house, limestone terraces, and a large swimming pool.

Lionel Richie's Mansion, Net Worth
Lionel Richie’s Mansion

The money which he earned from his music sales, he bought several branded luxurious cars. Richie’s dream car was 1976 Datsun 280Z and its cost was $10,000 at that time. He did not have that money to buy that car. Then he bought the 1978 Mercedes 450SEL for $8,000. He also owned a Range Rover L322 that was $87,350 and a Porsche 930 which worth is $1,00,000. Richie also purchased a Ferrari Scaglietti which worth around $250,000.

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Lionel Richie Married Life

Lionel Richie married twice in his life. He married his first wife, Brenda Harvey in 1975. The couple was the college sweetheart and dated each other for several years. However, their relationship grew strained over the years, leading to an ugly incident in which Harvey was arrested for assaulting him in 1988. Lionel and Brenda ended their 18 years of marriage in 1993.

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Social Media Presence

Renowned American singer Lionel shows his active presence on social media.

Instagram: 903k followers

Twitter: 320k followers

Summary 

Lionel Richie’s honeyed tones have festooned the radio frequencies of millions of soul and R&B music stations around the globe.

Richie is considered one of the most successful singer-songwriters of the 20th century, with most of his songs peaking on important music charts.

As of 2020, Lionel Richie’s net worth is $200 million.

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