Ric Ocasek net worth: Ric Ocasek is an American music producer and musician with a net worth of $25 million dollars. Born in Baltimore, Maryland, Ric Ocasek subsequently moved to Cleveland, Ohio and graduated from Maple Heights High School. He went on to attend Bowling Green State University. After college, he played in a band called, Milkwood, which released one record under the Paramount label. The album was a flop, and the band was dropped from the label and broke up. He formed a new band, Rick and the Rabbits, which enjoyed a steady gig at a local restaurant. However, their music was ultimately deemed too mature for a family audience, and they were let go. In the late 70s, he co-founded the band, Cap'n Swing, which later became known as The Cars. The group enjoyed success until they disbanded in 1988. Ric Ocasek wrote the majority of their material, and served as co-lead vocalist and rhythm guitarist. His solo music career has been only moderately successful, but he has become known as an excellent producer, and has produced hit albums for such groups as Weezer, No Doubt, Black 47, Hole, and Bad Religion.