Musician Ray Parker, Jr., with an estimated net worth of approximately $2.5 million, is best known for writing and performing the title song to blockbuster film Ghostbusters. And while he does have "Ghostbusters" to thank for most of his net worth, his 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.
After a few short years, he 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, and the similarity between the two songs is unmistakable. Since "Ghostbusters," Ray Parker, Jr. has appeared in a variety of television shows and advertisements. He is mostly absent from show business today.