Berry Gordy Net Worth 2018

Hailing from Michigan, Berry Gordy is best known for founding the Motown music label and its subsidiaries. Over the years, he has worked with countless artists including Michael Jackson, Toni Braxton, Drake Bell, Ne-Yo, and 98 Degrees, to name a few.

In addition to his work in the music industry, he has produced a number of films including Lady Sings the Blues, The Wiz, and The Last Dragon. As far as television appearances go, he has been featured in a number of shows such as Davis Smiley, Celebrity Page, Entertainment Tonight, American Idol, and Michael Jackson Memorial.

How wealthy is the founder of Motown Records? Taking into consideration his contributions to the music industry, surely he must be well-off? How rewarding has his work been? According to various sources, Berry Gordy has accumulated a net worth of around $345 million as of 2018. What contributed to this staggering fortune of his? Let’s have a look.

Berry Gordy’s Net Worth 2018 – $345 Million

How did Berry Gordy Make His Money & Wealth?

Born on November 28, 1929, in Detroit, Michigan, Berry Gordy has been passionate about music ever since he was a young boy. In the early 1950’s, he opened up a record store with a friend, which mostly featured jazz music. Despite their efforts, the business was unsuccessful. Ultimately it wasn’t until several years later that he decided to dedicate himself to music once again. With loaned money, he formed his own record company called Tampa Records in 1959. Within a year, it had become Motown Records.


Over the years, he has signed many artists including the Jackson 5, Marvin Gaye, Michael Jackson, Martha and the Vandellas, to name a few. Before long, Motown had become one of the highest-earning African-American businesses in the country. Today, the label has dozens of subsidiaries including Gordy Records, Tamla Motown Records, Miracle Records, and Rare Earth Records, among numerous others.

In addition to his work with Motown, he has also been involved with several other projects. For instance, he has worked on a few Broadway productions such as Lennon, Rock ’N Roll! The First 5,000 Years, and Motown: The Musical, the last of which garnered four Tony Award nominations.

Not only that, but he has produced a number of films including Lady Sings the Blues, The Wiz, The Last Dragon, and The Bingo Long Travelling All Stars.

Considering his contributions to music and film, it’s not surprising to know that he’s made countless television appearances over the years. Some of the shows that he’s been featured in include Oprah’s Master Class, Tavis Smiley, Unsung Hollywood, American Idol, Who Stole the Soul? and American Graduate Day. Most recently, he was invited to Celebrity Page in 2017. In terms of upcoming titles, he will be appearing in the documentary, Don’t Make Me Over, which is currently in the post-production stages.

Not only is he inducted into the Rock and Roll Hall of Fame, but he’s also received other accolades such as a Pioneer Award from the Songwriters Hall of Fame. In 2016, President Obama also presented him with a National Medal of Arts for his work in helping to “create a trailblazing new sound” in America.

Berry Gordy’s Personal Life and FAQ

Is Berry Gordy Married?

As far as we know, he is currently single. In the past, he was married three times; his ex-wives include Grace Eaton, Raynoma Mayberry Liles, and Thelma Coleman.

Does Berry Gordy Have Any Children?

Yes, he has eight children from his three marriages.

Did Berry Gordy Go to College?

No, Berry Gordy did not go to college.

What is Berry Gordy Famous For?

Berry Gordy is best known for being the founder of Motown, a well-established record company based in Detroit, Michigan. For many decades, it was the highest-earning African-American business in the U.S.

Where Does Berry Gordy Live now? Pictures of Berry Gordy’s House 

Berry Gordy currently resides in Detroit, Michigan. We do not have any other details at this time.

What Kind of Car Does Berry Gordy Drive?

Details on Berry Gordy’s vehicle are not available.

How Much Money Did Berry Gordy Make Last Year?

At this time, we do not have any information on Berry Gordy’s annual salary.

Recent Events

According to his IMDb, he will be appearing in an upcoming documentary titled, Don’t Make Me Over later this year, as mentioned earlier.

Though he’s not active on social media himself, you can get the latest news and announcements on his record label by following them online. For instance, you can check out Motown Records’ official Twitter account at @motown. Alternatively, you can visit their official Facebook fan page here. 


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Brooke Carter
Freelance writer who loves dogs and anything related to Japanese culture.

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