2) Clive Davis (Net Worth: $800 Million)

Top 12 richest record producers - It takes plenty of money to produce top quality music. If the album is a success in the market, the producer become richer. Although they are hardly acknowledged for the work they do to bring out the best music, these record producers have made huge fortune from the industry. More.. List of the most racist countries in the world (With Photos) Top 10 Most wanted men in the world (With Pictures) Wizkid at it again, disses Davido – See what happened! Top 10 most murderous African presidents of all time + See the amount of people killed (+Pics) Some of these hitmakers are soon-to-be billionaires. Here are the top 12 richest record producers as of 2015, according to Forbes and Celebrity Net Worth: 12) Max Martin (Net Worth: $250 Million) Swedish music producer and songwriter Max Martin has given major hits for reputed artists like Britney Spears, Backstreet Boys and ‘N Sync. “It’s My Life” and “… Baby One More Time” are among his hits. Since 1999 he has written and co-written 20 Billboard Hot 100 number-one hits. Navigate using arrows below 11) Rick Rubin (Net Worth: $250 Million) SEE ALSO - The world's 20 newest billionaires of 2015 and their worth (+Photos) American record producer Rick Rubin is the co-founder of Def Jam Records. He was named co-head of Columbia Records in May 2007, a position which he held till 2012. He also established American Recordings. He has played a significant role in popularizing hip hop music. 10) L.A. Reid (Net Worth: $300 Million) L.A. Reid is a record producer, musician, record executive and song writer. He has been one of the biggest names in the music business for decades. Reid has also served as a judge on the singing competition The X Factor. He is the chairman and CEO of Epic Records, a division of Sony Music Entertainment. He is also the president and CEO of Atlanta-based Hitco Music Publishing. 9) Russell Simmons (Net Worth: $325 Million) SEE ALSO - The world's 20 newest billionaires of 2015 and their worth (+Photos) American business tycoon Russell Simmons is one of the founders of Def Jam Records. He is the creator of clothing fashion lines Argyleculture, Phat Farm and American Classics. He is a majority shareholder of the website Global Grind. The hip-hop pioneer discovered artists like LL Cool J, the Beastie Boys, and Run-D.M.C. His movie production house has produced such films as Krush Groove and The Nutty Professor. In 1999, he sold his shares in Def Jam Records to Universal Music Group for a reported $100 million and sold the Phat Farm clothing line for $140 million in 2004. 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) SEE ALSO - The world's 20 newest billionaires of 2015 and their worth (+Photos) 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. 6) Simon Cowell (Net Worth: $510 Million) Critical television personality, record producer and impresario Simon Cowell that everyone loves to hate has produced and promoted singles and albums of several successful artists including boy band, One Direction. He made most of his wealth as a judge and through his talent shows Got Talent and The X Factor, a talent show he created in 2004 . He is the owner of Syco, a television production and music producing house. He has been named one of the 100 most influential people by Time twice (2004 and 2010). 5) Jay-Z (Net Worth: $550 Million) Jay-Z is not only a talented rapper, but also a successful businessman and record producer. His wealth increased after he sold clothing line Rocawear for $204 million in 2007 and signed $150 million collaboration with Live Nation in 2008 through his Roc Nation entertainment company. He co-founded record label Roc-A-Fella Records and is also a minority owner of Brooklyn Nets. After a break from rapping in 2003, Jay-Z turned to the business side of music, becoming president of Def Jam Recordings. As president of Def Jam, Jay-Z signed hitmakers like Rihanna, Ne-Yo and Young 4) Dr. Dre (Net Worth: $700 Million) SEE ALSO - The world's 20 newest billionaires of 2015 and their worth (+Photos) Dr. Dre has produced songs and albums for various artists like Eminem, Mary J. Blige and Eve. However, he owes his fortune to Beats by Dr. Dre headphones, which accounts for 65 percent of the premium headphone market. Dr. Dre got $620 million when Apple acquired Beats by Dr. Dre for $3 billion. He is now worth an estimated $700 million. 3) Diddy (Net Worth: $735 Million) Diddy is the richest rapper in the world. He is also a smart businessman. He has produced reputed artists like Maria Carey. He is the creator of Sean John clothing line. He owns 50 percent of the profits from Ciroc vodka, a brand that he helped to create. He is also the owner of music oriented digital cable TV network Revolt. He is the richest rapper on the planet, according to Forbes 2015 list . 2) Clive Davis (Net Worth: $800 Million) SEE ALSO - The world's 20 newest billionaires of 2015 and their worth (+Photos) Record producer and music industry executive Clive Davis served as the president of Columbia records from 1967 to 1973. He is the founder of Artista Records and J Records. He has played a major role in bringing Whitney Houston to prominence. - RichestLifestyle CLICK HERE to join our BBM Channel for faster updates TOP POSTS YESTERDAY Top 10 Must watch Hollywood movies Top 5 facts about female orgasms you probably don’t know Top 12 richest Caribbean celebrities & their worth in 2015 – See who’s #1 (+Photos) The world’s most expensive watch brands of all time (+Photos) Actress Tonto Dikeh flaunts her new fiance in new pics – They look cute! 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Top 12 richest record producers in the world 2015 – See how filthy rich they are! (+Photos)

2) Clive Davis (Net Worth: $800 Million)

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