LIONEL RICHIE – $200 MILLION

Being one of music’s legends comes with a lot of perks, one of which is the investment money they earn. Whilst his career isn’t as active as it used to be, there’s no denying the fact that Lionel Richie has made a good life for himself. He certainly seems to be a business-savvy individual, because aside from music, he also has a few businesses which help keep the income rolling in. With good money comes the good life and the singer is certainly not afraid to enjoy his money.

His Beverly Hills mansion is proof of how much he has made throughout the decades. After his work with the Commodores, Richie led a successful solo career that spawned 10 studio albums. In 2016, he was awarded the Johnny Mercer Award by the Songwriters Hall of Fame. Even with a net worth of $200 million, Lionel Richie is serious about investing his fortune and growing his career.