Berry Gordy Net Worth = $400 Million
Berry Gordy is a renowned American entrepreneur, songwriter, producer, and music executive. He’s best known as the founder of Motown record label and for developing many artists. Berry Gordy III was born on November 28, 1929, in Detroit, Michigan, United States.
He dropped out of High School to pursue boxing. Berry didn’t do well in boxing; thus, he quitted and joined the U.S. Army. He served in the U.S. Army for two years and returned to Detroit to try his luck in music. Gordy started a record store called “Three-D Record Mart,” but it failed.
So he shifted to writing music for various artists and eventually started “Motown Records” in 1949. Since its inception, Berry’s record label has grown tremendously over the years, earning him good money and fame.
He has a net worth of approximately $400 million as of 2021.
Full Name | Source of Wealth | Known for | Birth Info |
|---|---|---|---|
Berry Gordy III | Entrepreneur, record producer, songwriter, producer, and music executive | As the founder of Motown record label and developing many artists. | Detroit, Michigan, United States 1929 |
Quotes - Berry Gordy Net Worth and Key Habits
“Motown was about music for all people - white and black, blue and green, cops and the robbers. I was reluctant to have our music alienate anyone.”
- Berry Gordy
“I didn’t want to be a big record mogul and all that stuff. Yeah, I just wanted to write songs and make people laugh.”
- Berry Gordy
“Whenever I came up against presidents of other companies, I was always smarter, because I was from the streets.”
- Berry Gordy
“I'm a songwriter, that's what I love.”
- Berry Gordy
“There aren’t enough people who care about the future. They are too busy worrying about today and what they can grab now.”
- Berry Gordy
“If I settle a case out of court, it's because I love the person.”
- Berry Gordy
“I have this ability to find this hidden talent in people that sometimes even they didn't know they had.”
- Berry Gordy
“All artists have runners, people that tell them what to do, business managers, lawyers, these – if they get the right ones, they’re lucky, and if they get the wrong ones, they’re unlucky.”
- Berry Gordy
“Money had never been the main thing for me. It’s the legacy that was important.”
- Berry Gordy
Berry Gordy Net Worth and Key Habits
Habits #1- Know Your Goals And Work On Them
According to Berry Gordy, you should identify your goals if you want to be successful and live happily. The entrepreneur is on record for saying, “I didn’t want to be a big record mogul and all that stuff. Yeah, I just wanted to write songs and make people laugh.” Berry has been working on his goals all his life, and he has no regrets.
You can never go far in your career if you don’t have goals that you want to achieve. So don’t just work for the sake of working. On the contrary, you should start by identifying things that you want to achieve and where you want to be in the future. That way, you can easily channel your resources to things that add value to your life.
You can never go far in your career if you don’t have goals that you want to achieve. So don’t just work for the sake of working. On the contrary, you should start by identifying things that you want to achieve and where you want to be in the future.
Habits #2- Focus On The Future
Don’t worry so much about your present because you can’t change much about it. On the contrary, you should focus your future and strive to make it better. Gordy once said, “There aren’t enough people who care about the future. They are too busy worrying about today and what they can grab now.” Berry credits his success to the fact that he spent his early years working hard to have a better future.
Some people fail to realize their dreams because they focus on today. Others pursue quick riches and fame that don’t last long. However, that shouldn’t be the case because your future matters more than your present. Therefore, you should work very hard now, make good money and accumulate wealth so that you can enjoy the fruits of your work in the future.
There aren’t enough people who care about the future. They are too busy worrying about today and what they can grab now.
Habits #3- Money Isn’t Everything
Berry Gordy believes that you don't need all the money on earth to live happily. He's once said, "Money had never been the main thing for me. It's the legacy that was important." The celebrated music executive believes that he couldn't be where he's today if he pursued money and wealth.
Never chase money and fame if you want to live happily. Conversely, you should focus on things that make you happy. It's meaningless if you have all the money on earth and you aren't satisfied. Thus, you should make a career from things that you can do all your life and live happily even if you don't make a lot of money.
Never chase money and fame if you want to live happily. Conversely, you should focus on things that make you happy. It's meaningless if you have all the money on earth and you aren't satisfied.
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