8) Berry Gordy (Net Worth: $345 Million)

American record producer and song writer Berry Gordy, Jr. is the founder of the Motown Record label, which has produced major hits by artists like Lionel Richie, Rick James and the Jacksons. He started writing songs in the 1950s. He invested the profits from his songwriting success into producing.

7) Quincy Jones (Net Worth: $350 Million)

Multitalented Quincy Jones is a record producer, arranger, conductor, composer, television producer, musician, instrumentalist, film producer, entertainment company executive, magazine founder and humanitarian. He has worked with legends like Michael Jackson, Frank Sinatra and Celene Dion.