Lionel Richie's Net Worth Is $200 Million
Born on June 20, 1949, Lionel Richie is a native of Alabama. As a youth, he attended the Joliet Township High School and became a star tennis player. This led to a scholarship at the Tuskegee Institute where he studied economics. Although he briefly studied at graduate school, he ended up dropping out. While he was studying at the Tuskegee Institute, he took part in a string of R&B bands. By 1968, he joined the Commodores and signed on with Atlantic Records. The band only produced one album before they switched to Motown Records.
Before long, the Commodores had developed a significant following. Although his initial records were made for dancing, Lionel Richie started to switch to romantic ballads. In 1972, he started to write songs for other artists like Kenny Rogers. By 1981, Richie had a successful duet with Diana Ross on the movie, “Endless Love”. Once the song was released, it hit the top of United States Billboard Charts. After his replacement as a the lead singer with the Commodores, Lionel Richie created his first solo album. This self-titled album contained the hit song, “Truly”, and encouraged him to continue with his solo career.
In the 1980s, he released five hit songs and produced a second album, “Can't Slow Down”. His second solo album sold more than eight million copies and received international recognition. Throughout his career, he has sold more than 100 million records and attained a net worth of $200 million. His most recent album was “Just Go” in 2009. During 2011, he spent his time on tour in New Zealand and Australia. In his personal life, he married Brenda Harvey in 1975 and adopted a daughter, Nicole Richie. After beginning an affair with Diane Alexander, he separated from his wife. He ended up marrying Alexander, but divorced her in 2004.