Berry Gordy | Born 1929
Net Worth: $400 million
Berry Gordy started the Motown Records label, which was valued at about $61 million during the time. In the end, he eventually sold Motown. In 2021, Berry Gordy’s net worth is estimated to be $400 million. He amassed this wealth due to his outstanding achievements in the music and film sectors, for which he has received countless awards. It is said to be that he was the highest-earning African-American enterprise at the time.
Gordy has received numerous awards for his outstanding contributions both in the music and film industries. In 1991, he received the Grammy Trustees Award, which is only given to people who have made a high degree of contributions to the field of recording. In 1975, Gordy received the American Music Award of Merit, the Rhythm and Blues Foundation award in 2006, and the BET Honors Entrepreneur Award in 2014.