Who is the richest Motown singer? How much is Motown worth today?

Motown Studio was purchased by Motown founder Berry Gordy in 1959.

The house (formerly a photographers’ studio) is located at 2648 West Grand Boulevard in Detroit, Michigan, near the New Center area.

After purchasing the house, Berry Gordy converted it for use as the record label’s administrative building and recording studio.

Following mainstream success in the mid 1960s through mid 1970s, Berry Gordy moved the label to Los Angeles and established the Hitsville West studio there, as a part of his focus on television and film production as well as music production.

Today, the “Hitsville U.S.A” property operates as the Motown Museum, which is dedicated to the legacy of the record label, its artists, and its music. The museum occupies the original house and an adjacent former residence.

Who is the richest Motown singer?

Berry Gordy developed the majority of the great rhythm-and-blues (R&B) performers of the 1960s and ’70s, including Diana Ross and the Supremes, Smokey Robinson and the Miracles, the Marvelettes, Stevie Wonder, Marvin Gaye, the Temptations, and Michael Jackson and the Jackson Five, who became very rich.

Stevie Wonder is the richest Motown singer, with an estimated net worth of $110 million.

How much is Motown worth today?

In 1988, Berry Gordy sold his stake in Motown to MCA Records for $61 million ($120 million in today’s dollars).

Berry Gordy also sold his interests in the Motown song catalog controlled by his subsidiary Jobete Publishing to EMI Publishing. The catalog contains 15,000 songs, 240 of which he wrote himself.

A few years later, Polygram bought the entire Motown catalog, paying $330 million for the songs.