Singer, songwriter, and record producer R. Kelly has a minus $1.3 million net worth. When it comes to popular music in the United States, R. Kelly is unrivaled in his prominence and success.
Kelly is an American artist of staggering talent and stature. Kelly has also found much success in the music industry as a songwriter and record producer. He has left an indelible impression on the music business with his albums and singles.
Kelly’s incredible impact on hip-hop music has made him famous all around the world. He has many titles, including “King of R&B” and “The King of Pop Soul.” He has revolutionized the way we think of R&B and Hip Hop altogether.
However, Robert Kelly has lost ground rather than gained ground in recent years. Because of his legal difficulties and sexual misdeeds, Kelly has lost a lot of money, reputation, and popularity.
In order to end the case filed by numerous women, he paid millions of dollars to the plaintiffs. Additionally, it was recently reported that Kelly owes the Internal Revenue Service (IRS) millions of dollars.
|Net Worth:||-$1.3 Million|
|Date of Birth:||January 8, 1967|
|Height:||1.85m (6′ 1″)|
|Profession:||Singer-songwriter, record producer|
R. Kelly Biography
Robert Sylvester Kelly entered the world on January 8, 1967, in Chicago, Illinois. Kelly and his mother and brothers all grew up in the Bronzeville area. Kelly has been mysterious about his dad because he, himself, doesn’t know anything about him.
Kelly was only five years old when his mom wed Kelly’s stepdad, Lucious. From an early age on, he was a regular member of the church choir. Kelly suffered extensive sexual abuse as a child.
After that, he joined the basketball teams at both his high school and college. Kelly eventually moved on from basketball to pursue a career in music.
When it comes to his early education, R. Kelly has been relatively secretive. In any case, we know that he attended Kenwood Academy High School, where he picked up the basketball and developed into a respectable linebacker. Kelly’s death of a close friend caused him to give up basketball. He began his musical and literary careers afterward.
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R. Kelly’s first solo effort, 12 Play, was released in the fall of 1993. The album eventually went six times platinum, mostly due to the success of the track “Bump n’ Grind.”
Simultaneously, Kelly launched a career as a record producer for other musicians. The whole self-titled debut album by Aaliyah, a teenage pop vocalist, was produced and written by him.
In 1995, he had four million album sales with “R. Kelly.” Soon after, his track “I Believe I Can Fly” became a huge success, peaking at number one and going on to win three Grammys.
Throughout the 2000s, Kelly dropped a string of platinum albums and released segments of the hip-hop opera Trapped in the Closet to radio stations. In the early months of 2010, the public received the concluding chapter.
R. Kelly has released a total of 14 albums, including 5 compilations and 3 albums with other artists. Kelly has won dozens of prizes, including three Grammys, multiple AMAs, a BET award, and many Billboard awards, among others. “Black Panties” (2013) and “The Buffet” (2015) were his most recent studio albums. From 1994 to 2013, he was a part of a total of twelve official tours across the globe.
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Personal Life and Controversies
Kelly secretly wed Aaliyah in 1994, but the union was declared null and void. He then wed dancer Andrea Lee in 1996; they had three children together before divorcing in 2009.
There have been a few scandals over R Kelly’s career. He was taken into custody on suspicion of having sexual relations with a minor. The 14 counts against him were finally dropped.
What Is R Kelly’s Net Worth?
R. Kelly is a multi-talented American artist who both acts and produces music. R. Kelly has a negative $2 million net worth.
Kelly’s wealth was in the tens of millions, if not hundreds of millions, during his prime. In April of 2020, while arguing for his freedom from prison, Kelly told the judge that he owes the IRS about $1.9 million.
A Lost Fortune
R. Kelly’s net worth might be between $50 and $100 million if he had never gotten in trouble with the law. Kelly allegedly spent tens of millions of dollars to settle hundreds of lawsuits filed by women who claimed he assaulted them over the years.
Kelly reportedly lost a significant chunk of his fortune after divorcing his wife of the most financially fruitful years of his career (from 1996 to 2009): Andrea Lee.
Kelly had $5 million in outstanding taxes stretching back seven years when the amount was discovered in 2012. He stopped making mortgage payments in 2010 and eventually lost his Chicago home to foreclosure in 2013.
Without paying over $30,000 in rent and fees, he was evicted from two Atlanta area properties in 2018. Recently he rented a home in Chicago’s Trump Tower.
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Financial and Legal Problems
R. Kelly responded to several of the allegations against him in a 19-minute song posted to Spotify in July 2018. On this track, Kelly says she has to go on tour “simply to pay rent” because she can’t afford to live in the city.
He further disclosed that he borrowed several million dollars from his label to cover his debts to the IRS and other creditors and that the total amount he owed the IRS was $20 million. Since many international venues would not book him because of his issues, and his U.S. tours are routinely disrupted by demonstrations, he is having a hard time making ends meet.
Even more notably, Spotify and other streaming services have removed his music from their official public playlists. You can still listen to his music on Spotify if you have an account, but it won’t show up in Spotify’s curated playlists or on the radio.
After hearing rumors that R. Kelly’s recording studio in Chicago had undergone repeated upgrades without licenses, city officials requested and were given permission to check the premises in January 2019. As of 2017, R. Kelly was merely a tenant at the studio.
At the time of the evaluation, the 8,000-square-foot structure was being offered for sale at a price of $4 million. Simultaneously, R. Kelly was being sued by the building’s owner for rent that had gone unpaid. The lawsuit claims that Kelly owed seven months’ worth of rent at a rate of $23,000 per month. At the time of the filing, he owed the landlord $167,000.
R. Kelly’s record label, RCA/Sony, announced they were shelving all of his upcoming albums on January 14. This effectively prevented Kelly from making any further money from his music.
There are still two albums left on his most recent deal with RCA/Sony that he needs to pay for. As with Universal, RCA/Sony has cut off funding for music videos. Since Kelly has not been found guilty of any crime as of this writing, the record company is in a difficult position.
It seems risky from a legal standpoint to terminate him and withhold payment on the basis of claims. There is a chance that RCA/Sony might get out of the arrangement if a “morals provision” is included in his contract.
R. Kelly was arrested late in the month of February 2019 on several additional accusations. His bond was set at $1 million, yet only $100,000 would have released him from jail. Kelly, sadly, was quite cash-strapped, thus he needed several days to save up the necessary amount.
Valencia Love, a woman whose relationship with R. Kelly is murky at best, was identified as the source of the purported $100,000. Kelly’s ex-wife, Andrea, sued him for $160,000 in back child support while he was behind bars.
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