Lionel Richie | $200 Million

Lionel Ritchie was not born rich and even attended Tuskegee Institute on a tennis scholarship. He first started his career as a saxophonist, composer, and occasional singer for the campus band The Mystics. The Mystics became the funky R&B group The Commodores, for which Richie was the lead vocalist. They proceeded to make it big and continued to make ballads that topped the charts.

Richie, being the lead vocalist, even collaborated with other famous artists, prompting his solo career. Richie has been on a roll since. Knowing all of these, one thing is for sure: Lionel Richie is a rich man. Currently, he has a net worth of $200 million, and it won’t just stop there. He will continue increasing his net worth as long as he lives on. He now owns a 28-room mansion in Beverly Hills. We bet he pays so much for home insurance with a house that huge!