It took R Kelly years to build his persona in the music industry. He has a lot of hit songs, some of which have won him Grammy Awards. However, R. Kelly’s finances have hit the rocks, and no one knows if it would return. As of 2021, R. Kelly was in crazy debt. His net worth is currently in the negative.
In this article, you will find who R. Kelly is, his career, his relationship life, and of course, R. Kelly’s net worth.
|Net Worth||$-2 million|
|Date of Birth||January 8, 1967|
|Country/State of Origin||Chicago, Illinois, United States|
|Source Of Wealth||Musician|
|Height||6′ 1″ (1.85 m)|
Kelly’s Net worth
After multiple lawsuits, claims, controversies, and the “Surviving R. Kelly series,” which resulted in his career profits evaporating totally, R. Kelly’s net worth is believed to be in the negative zone (approximately $-2 million) as of 2022.
R. Kelly’s net worth was quickly in the tens of millions, if not over $100 million, at the peak of his career. R. Kelly disclosed to a judge in April of 2020, while making a case for his release from jail, that he owed about $1.9 million to the US IRS alone.
R. Kelly’s net worth could easily reach $150 to $200 million if he never had any legal issues. R. Kelly has reportedly had to pay tens of millions of dollars to purportedly resolve dozens of lawsuits filed by young women alleging sexual abuse by the R&B artist over the years.
After finding his long-time wife Andrea Lee, who was his marriage from 1996 to 2009, probably the most successful years of his career, R. Kelly reportedly lost a significant amount of his total worth.
R Kelly owes nearly $5 million in delinquent taxes stretching back seven years, according to reports from 2012. After failing to pay his mortgage since 2010, he lost his Chicago house to foreclosure the following year.
After failing to pay over $30,000 in unpaid rent and taxes, R Kelly was evicted from two Atlanta-area homes in 2018. R Kelly has been renting a home in Chicago’s Trump Tower since January 2019.
Who is R Kelly?
R Kelly is an R&B singer, songwriter, and record producer who is most recognized for his gospel-tinged voice and sexualized lyrics. R Kelly has sold over 75 million albums worldwide over his illustrious career, making him one of the most successful R&B male performers of the 1990s and one of the best-selling musicians in the world.
In actuality, with over 32 million record sales, he is the 56th best-selling artist in the United States, estimating a net worth of roughly $30 million. From 1985 until 2010, Billboard ranked him as the best R&B/hip-hop musician.
He also directed several of his music videos and starred in the “Trapped in the Closet” television series he created, filmed, and produced.
R Kelly has won 3 Grammy Awards for the hit “I Believe I Can Fly” and has more Top-40 hits than any male solo artist in the 90s.
Kelly’s Early Life
Robert Sylvester Kelly, also known as R Kelly, was born in Chicago, Illinois, on January 8, 1967. He is a well-known singer-songwriter who’s had a lot of success on the R&B and mainstream music charts.
With his legal issues, R Kelly has also grabbed news for the wrong reasons. He was reared by a single mother in a Chicago housing project and began singing in his church’s choir as a gifted youngster.
R Kelly was the only one of the five children that were allowed to attend Kenwood Academy. Kelly was encouraged by Lena McLin, his music instructor, who informed him that he had a natural talent for performing. R Kelly has long referred to her as his “second mother,” alleging that she adopted him.
Kelly grew up in Chicago’s poor housing complexes, where his mother instilled in him a strong sense of Christian religion. Though spirituality has been a continuous topic in his lyrics, early hits like “Sex Me” (1993) established carnality as the heart of his music.
The juxtaposition of tough-guy demeanor and sensitive voice, as well as the tension between the holy and profane, have been constants throughout his career.
Kelly collaborated with the vocal group Public Announcement on his debut album, “Born into the ’90s (1992),” to provide a smooth and melodic distinctive sound interwoven with hip-hop beats.
Furthermore, Kelly’s domination of the R&B industry translated into pop stardom, and subsequent efforts garnered ever-greater success. His uplifting ballad “I Believe I Can Fly” (1996) was a huge hit, earning him three Grammy Awards, one of which was for best R&B song.
Kelly had more songs enter the top 40 of the Billboard singles chart than any other male solo artist in the 1990s, with successes including “Bump n’ Grind” (1994), “You Remind Me of Something” (1995), and “I’m Your Angel” (1998).
The success of the album R. (1998), which sold more than eight million copies in the United States alone, was aided by the popularity of the latter song, a duet with Céline Dion.
On the other hand, his personal life was marred by scandal, beginning with the discovery that he had secretly married singer Aaliyah in 1994 when she was 15; the unlawful marriage was soon annulled.
Still on R kelly Career
R Kelly’s problems reached a climax in 2002 when officials discovered a film in which he was reportedly having sex with an underage girl. He was quickly charged with several counts of child pornography, but his trial was postponed for several years due to several factors.
Kelly proceeded to create albums throughout the lengthy pre-trial time that, if anything, were even more sexually graphic, albeit they still featured uplifting songs.
Despite some early public outrage over the criminal claims, Kelly’s albums Chocolate Factory (2003), which contained the upbeat “Ignition (Remix),” and Happy People/U Saved Me (2004) helped him maintain his status as one of the world’s top R&B artists.
On the albums Love Letter (2010) and Write Me Back (2012), Kelly toned down his sensuality, focusing on the rich sound of the 1960s and 1970s soul music. With Black Panties (2013) and The Buffet (2014), he returned to more sexually explicit content (2015).
In 2016, the holiday album 12 Nights of Christmas was released. He wrote and produced songs for various artists, including Michael Jackson and the Isley Brothers, in addition to his solo recordings.
He collaborated on two albums with rapper Jay-Z (2002 and 2004), and he wrote and produced songs for a variety of artists, including Michael Jackson and the Isley Brothers.
In 2012, Soulacoaster: The Diary of Me, a book co-written by David Ritz, was released.
How Did R Kelly Lose His Money?
After winning a $100,000 award on the TV talent program “Big Break” and signing with Jive Records in 1991, the R&B performer rose to popularity. With the first track ‘Bump n’ Grind,’ his debut solo album, 12 Play, was released in 1993 and went on to be certified six times platinum.
Throughout the 1990s and 2000s, he continued to amass wealth by publishing 14 studio albums, five compilation albums, and three cooperation albums, as well as receiving several honors. He’s done 12 world tours and a slew of lucrative television appearances.
However, following his divorce from Andrea Lee in 2009, he lost a significant chunk of his fortune, and his popularity in the music business began to wane.
According to reports, he owed $5 million in delinquent taxes by 2012, and he lost his Chicago house the following year after failing to pay the mortgage.
When he published a 19-minute song in 2018 addressing the claims against him and his rising debt, he revealed the entire scope of his financial problems. He said he was having trouble paying his rent and owed the IRS $20 million at one time.
Spotify and other streaming services have ceased including his music in their public playlists after the charges and subsequent convictions surfaced, decreasing his revenues.
More importantly, his fall from fame has made profitable tours challenging to come by, and he has found himself unable to pay off his rising obligations.
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R Kelly Social Handles
|R Kelly Instagram|
|R Kelly Facebook Page|
|His Personal Website||His Personal Website|
FAQs On R Kelly Net Worth
What is R Kelly’s net worth?
R Kelly’s actual net worth is unknown. However, Celebrity Net Worth estimates that he is worth less than $2 million, implying that he is heavily in debt.
According to the story, he had a net worth in the tens of millions of dollars, maybe as high as $100 million, but is now negative.
What is the net worth of R Kelly's ex-wife?
Andrea Kelly is a 5-million-dollar dancer and choreographer from the United States. She is most known for being the ex-wife of R Kelly, a musician.
Is R Kelly now bankrupt?
Yes. R Kelly seems to be broke in 2021, according to CelebrityNetWorth.com, which lists his net worth at minus $2 million.
According to the site, Kelly said that he owed the IRS over $1.9 million in unpaid taxes when pleading guilty to bail in April 2020.
What was R Kelly's net worth at the height of his career?
R Kelly’s net worth was easily in the tens of millions, even as high as $100 million, at the height of his career. Kelly confessed to a judge in April 2020 that he owes the IRS almost $1.9 million.
Why is R Kelly in prison right now?
R Kelly was found guilty of all charges of racketeering, sexual exploitation of a child, and kidnapping, and he faces a sentence of 10 years to life in prison in May 2022.
How many years is R Kelly doing in jail?
R Kelly is facing 10 years to life in prison following his conviction in New York with sentencing scheduled for May 4, 2022.
R Kelly's catalog is worth how much?
It’s worth up to $21 million, according to reports. However, given R Kelly’s demise, it may fetch a far lower price. According to one music asset dealer, the collection is expected to sell for $8.4 million to $10.5 million.
R Kelly's net worth is bad in what way?
Kelly is unable to receive the transcripts due to financial constraints, and the transcripts are required for his defense.” Kelly’s actual net worth is unknown.
However, Celebrity Net Worth estimates that he is worth less than $2 million, implying that he is heavily in debt.
R Kelly was himself the victim of child sex abuse and detailed in his autobiography how he was raped by a female family member when he was eight years old. Before his charges and subsequent trial and conviction. With a net worth of -$2million, R Kelly would probably bounce back with time.