| Net Worth: | $10 Million |
| Date of Birth: | May 1, 1954 (66 years old) |
| Gender: | Male |
| Profession: | Record producer, Songwriter, Guitarist, Composer, Singer, Actor, Musician |
| Nationality: | United States of America |
| Last Updated: | 2020 |
Ray Parker Jr net worth: Ray Parker Jr is an American musician who has a net worth of $10 million dollars. Ray Parker Jr is probably best known for writing and performing the title song to blockbuster film, Ghostbusters. And while he does have “Ghostbusters” to thank for a good chunk of his net worth, Parker Jr’s career comprises more than just that single song. Parker’s musical career began as a guitarist in the house band at the famous 20 Grand night club in Detroit, Michigan. From there, he was hired by the band The Detroit Spinners, with whom he toured the country. Some time later in the mid 1970s, Parker started the band Raydio, which released their first hit song, “Jack and Jill,” in 1978. Raydio continued to release hit songs into the early 80s, before Parker began his solo career. To date nine of his albums have gone either gold or platinum.
In 1983 Ray was hired to record what would become his most famous song, “Ghostbusters”” The song, while still a popular favorite, is not free from controversy. Parker was accused of plagiarizing the Huey Lewis and the News song “I Want a New Drug” for “Ghostbusters”. The two parties settled out of court. The similarity between the two songs is unmistakable. Since “Ghostbusters,” Ray Parker, Jr. has appeared in a variety of television shows and advertisements.
It should be noted that even outside of Ghostbusters, Ray Parker Jr has sold millions of singles during his career. His guitar work can be heard on hundreds of popular songs. He also wrote several songs that went on to great success for other artists. He co-wrote “You Got the Love” with Chaka Khan which became a #1 R&B charting song for Rufus (#11 on the overall Billboard chart). In 1976 he and Barry White co-wrote what became “You See The Trouble with Me”, a hit single for Barry from the album “Let the Music Play”.
Personal Life and Real Estate: Ray and his wife Elaine Parker have been married since 1994. They have four children. Elaine owns a modeling agency called RAGE Models & Talent. In 1998 Ray and Elaine paid $1.7 million for a home in a gated community in Calabasas, California. Today similar homes are worth $3-4 million. He built a state-of-the-art recording studio in a building adjacent to the property.