Millionaire Toni Braxton is a multi-talented entertainer who makes a living through performing and writing music as well as acting in films and on television.
Worldwide, Braxton has sold more than 67 million albums. Among the most successful female R&B performers of all time. Braxton has a long list of Grammy honors to his name.
What Is Toni Braxton’s Net Worth?
| Net Worth: | $10 Million |
| Date of Birth: | Oct 7, 1967 (54 years old) |
| Gender: | Female |
| Height: | 5 ft 1 in (1.562 m) |
| Profession: | Singer, Actor, Singer-songwriter, Artist, Record producer, Pianist, TV Personality, Musician, Music artist |
| Nationality: | United States of America |
With a net worth of $10 million, Toni Braxton is an American singer, songwriter, pianist, record producer, actress, television personality, and philanthropist. Over 67 million records have been sold globally by Braxton.
She is among the most successful female R&B performers in history. Braxton has received numerous Grammy Awards.
Early Life
Toni Braxton was born in Severn, Maryland, on October 7, 1967. As a child, she was raised in a devout and musical home.
In addition to serving as clergy, Michael and Evelyn were also pastors at their local Methodist church. Another family member who worked for the utility was Braxton’s father.
In addition to her profession in a beauty salon, her mother had a long history in opera. Toni’s paternal great-grandfather was a minister as well. One brother (Michael, born in 1968) and four younger sisters make up her large family (Traci 1971, Towanda 1973, Trina 1974, and Tamar 1977).
Braxton’s first experience with public singing was in the choir at her local church. She decided to pursue a career in education and enrolled at Bowie State University in Maryland. He urged her to try singing after hearing her sing to herself while she was pumping gas and convinced composer and producer William Pettaway Jr.
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Personal Life
The band Mint Condition opened for Toni Braxton on their tour, and that’s how the two of them first met. In 2001, they got married. Denim Cole Braxton-Lewis was born in the same year.
She became pregnant with her second kid in 2002 and spent the remainder of the year in bed. In March of 2003, she gave birth to her second child, Diezel Ky Braxton-Lewis. Toni is the International Spokesperson for Autism Speaks and has a kid named Diezel who is autistic. Lewis and Braxton separated in July of that year.
Birdman, a rapper, has been dating Braxton since May of last year. In February of this year, the couple confirmed their engagement. The engagement was called off in January of this year. Braxton and Birdman, on the other hand, reaffirmed their relationship on April 1, 2019.
Health Issues
Rumors began to surface in late summer 2007 that Braxton had breast cancer. At the moment, she was defiant. The lump was benign and was surgically removed from her breast in 2008.
After a brief hospitalization on April 8th, 2008, Braxton had to cancel the remainder of her stint at the Flamingo Hotel in Las Vegas. As time went on and I appeared on the 7th season of “Heard a diagnosis of microvascular angina while competing on Dancing with the Stars (small vessel disease).
During an interview with CBS News, Braxton disclosed that she had been diagnosed with systemic lupus erythematosus on November 18, 2010.
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Toni Braxton Bankruptcy and Money Issues
Toni has a long history of financial difficulties despite her economic success. In 1998, when she initially filed for bankruptcy, she owed $5 million.
Toni’s financial status began to improve after the release of her 2000 album The Heat, which went on to sell over two million copies.
To his dismay, Toni was once again forced to declare bankruptcy in October of that year. Toni was rumored to be up to $50 million in debt at the time of this filing.
The IRS, Tiffany & Co., AT&T, and Neiman Marcus were just a handful of the many creditors she owed money. to In less than two years, she is said to have spent $2.5 million on cosmetics, clothing, and hair.
Toni’s bankruptcy proceedings resulted in the loss of the rights to 27 of her best-known songs, including “You’re Making Me High,” “Always,” and “How Many Ways.” To put it another way, she is no longer able to collect a disproportionately large part of royalties from the sales of her songs.
Toni’s biggest hit, “Un-Break My Heart,” was really written by Diane Warren, therefore she doesn’t get a lot of money from it. Because of this, Ms. Braxton continues to perform often, especially in other countries where she is more well-known.
Live performances and personal appearances, such as those for her reality show Braxton Family Values, bring in an annual salary of $750,000 to $1 million for her. Toni’s debt was eventually erased by a bankruptcy court, so she should be able to keep her finances in order this time around.
Real Estate
Braxton purchased a 5,323-square-foot property in Calabasas, California, for $2.9 million in the fall of 2014.
Built-in 2006, this four-bedroom home with en-suite bathrooms was marketed as an “affordable” entry point into the highly sought-after community. It sold for $3.4 million in 2016.
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