Berry Gordy Net Worth (Updated 2026).

Berry Gordy, born in Detroit, Michigan, in 1929, began his career in the music industry as a featherweight boxer and a member of the popular street dance group, The Eastwoods. However, his passion for music led him to switch paths. In 1957, he launched his first record label, Miracles Records, with the support of his family and friends. The label’s first hit was “Reet Petite” by Jackie Wilson, which brought Gordy initial recognition in the industry.

Berry Gordy’s Current Net Worth (2025)

As of 2025, Berry Gordy’s estimated net worth is $450 million. This significant figure is a testament to his successful career in the music industry and his shrewd business acumen.

Career

Berry Gordy, born in 1929, is an American record executive, songwriter, and film producer. He is renowned for founding Motown Records in 1959, which became one of the most successful and influential music labels in history. Gordy signed and nurtured legendary artists like The Jackson 5, The Supremes, and Marvin Gaye, contributing to the ‘Motown Sound’ that dominated popular music in the 1960s and 1970s.

Other Ventures

Beyond Motown, Gordy has ventured into film production. In 1985, he produced the iconic film “The Last Dragon,” and later, the highly successful “The Ladies Man” in 2000. He has also been involved in various television projects, including the acclaimed miniseries “The Temptations” in 1998.

Assets

Gordy’s assets include his historic Motown headquarters in Detroit, which he sold in 2009 but retains an ownership stake. He also owns properties in Los Angeles and other real estate investments. His vast music catalog, which includes numerous hits and classics, is another significant asset.

Annual Income

Gordy’s annual income is not publicly disclosed. However, given his ongoing involvement in the music industry, his vast catalog of hits, and his real estate investments, it’s safe to assume his annual income is substantial and likely in the tens of millions of dollars.

Frequently Asked Questions about  Berry Gordy

Berry Gordy Net Worth FAQs

1. What is Berry Gordy’s net worth?

Berry Gordy’s net worth is estimated to be around $400 million.

2. How did Berry Gordy make his money?

Berry Gordy made his fortune through his record label, Motown Records, which he founded in 1959. He also made money from songwriting, producing, and managing artists.

3. Who are some of the famous artists Berry Gordy discovered and managed?

Berry Gordy discovered and managed many famous artists, including The Jackson 5, The Supremes, The Temptations, Marvin Gaye, and Stevie Wonder.

4. What was Berry Gordy’s role in the civil rights movement?

Berry Gordy played a significant role in the civil rights movement by providing opportunities for African American artists and promoting integration in the music industry.

5. How did Berry Gordy start Motown Records?

Berry Gordy started Motown Records with an $800 loan from his family. He initially started as a songwriter and then transitioned into record production and artist management.

6. What is Berry Gordy’s relationship with Michael Jackson?

Berry Gordy was the manager and mentor of The Jackson 5, including Michael Jackson. He played a significant role in their career and helped them become one of the most successful music acts of all time.

7. What are some of Berry Gordy’s notable achievements?

Berry Gordy’s notable achievements include being inducted into the Rock and Roll Hall of Fame, receiving a Grammy Lifetime Achievement Award, and being named one of the 10 most influential African Americans by Life magazine.

8. What is Berry Gordy’s relationship with Berry Gordy Jr.?

Berry Gordy Jr. is Berry Gordy’s son. He worked for Motown Records and later became the CEO of the company.

9. What is Berry Gordy’s relationship with Diana Ross?

Berry Gordy had a romantic relationship with Diana Ross in the 1960s and 1970s. He also managed her career and produced many of her albums.

10. What is Berry Gordy doing now?

Berry Gordy is still involved in the music industry and has been working on various projects, including a Broadway musical based on his life and the story of Motown Records.