Almost five decades after his career began in 1968, Lionel Richie's net worth comes from years at the top of his game as the famous singer, one of the most iconic voices of Motown and therefore of modern music, gets a new and very juicy gig.
For the past decade, different Las Vegas resorts have been offering some of the biggest stars in music multi-million dollar deals to stay for a couple of months or years in town, singing one or two shows a night in the fascinating landscape of Sin City shows, all of which are about to boost Lionel Richie's net worth.
As Billboard reports, the singer and father of reality star and fashionista Nicole (who recently sang at Nicky Hilton's wedding) announced he'd signed up with Planet Hollywood for a residency in Vegas with during a recent appearance at the Today show, obviously marking a new era on Lionel Richie's net worth.
According to Today.com, Richie's residency will begin on 2016 and it'll be divided into two chunks, first taking the stage on April and May and then on September and October, a project that's not only going to boost Lionel Richie's net worth, but it's also got the 66 year-old legend incredibly worked up.
"All the ideas I want to put on the stage, any hydraulics, anything you want to do, it's there," said Richie, anticipating his time.
In the past, Planet Hollywood also signed superstar Britney Spears for a residency, and she recently announced she'd be staying at her Vegas venue for two more years - so the "Endless Love" singer is certainly in good company!
While Lionel Richie's net worth is expected to rise, there are still no official deets regarding how much money went down in the contract, but regardless of this, there's one song he won't be playing, which he's announced already: "Hello" is not part of his repertoire anymore!
Currently, Celebrity Net Worth lists Lionel Richie's net worth at a whooping $300 million.
