Motown mogul Berry Gordy announces retirement at 89

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The Motown mogul who launched the careers of numerous stars like Stevie Wonder, Diana Ross and Michael Jackson has announced his retirement.

The Detroit Free Press reports Berry Gordy said he had "come full circle" at a 60th anniversary event for Motown Records on Sunday.

The 89-year-old Detroit native built Motown Records into a hit-making music, film and television empire that shattered racial barriers and introduced the world at large to the sounds of R&B, soul and funk.

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In this June 15, 2017, file photo, music mogul Berry Gordy accepts his award at the 48th Annual Songwriters Hall of Fame Induction and Awards Gala at the New York Marriott Marquis Hotel, in New York. The Motown mogul who launched the careers of numerous stars like Stevie Wonder, Diana Ross and Michael Jackson has announced his retirement. The Detroit Free Press reports Gordy said he had "come full circle" at a 60th anniversary event for Motown Records on Sunday, Sept. 22, 2019. (AP)

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Gordy sold the record label in 1988, but remained active, developing a musical and staying involved with the Motown Museum's $50 million expansion campaign.

Speaking about retirement, Gordy said he has "dreamed about it, talked about it, threatened it" for years.

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Director Lee Daniels also presented Gordy with the Motown Legacy honor.