R Kelly Net Worth[2022] : -$5 Million (approx.)
Net Worth: | -$5 Million (approx.) |
Date of Birth: | Jan 8, 1967 |
Age: | 55 years old |
Height: | 6 ft (1.854 m) |
Profession: | Singer, Record producer, Songwriter, Singer-songwriter, Music Video Director, Actor, Musician, Music executive, Multi-instrumentalist, Rapper |
Nationality: | United States of America |
R Kelly’s net worth is negative $5 million. R. Kelly is sex offender, famous singer, songwriter, actor record producer.
What is R Kelly Net Worth?:
R Kelly’s net worth is negative $5 million in 2022. Robert Kelly is a famous American convicted sex offender, singer, songwriter, and record producer.
At his peak Kelly’s net worth was easily in the millions, perhaps as high as $100 million. In April 2020, Kelly revealed to a judge that he owes nearly $1.9 million to the IRS alone.
R Kelly Biography:
Born | Robert Sylvester Kelly January 8, 1967 (age 55) Chicago, Illinois, U.S. |
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Other names | Pied Piper,Kellz |
Occupation | Singersongwriterrecord producer |
Years active | 1989–2019 |
Spouse(s) | Aaliyah(m.1994; ann.1995)Andrea Lee(m. 1996; div. 2009) |
Children | 3 |
Criminal information | |
Criminal status | Incarcerated at MCC Chicago in Chicago, Illinois |
Conviction(s) | Racketeering,sexual exploitation of a child,kidnapping,bribery,sex trafficking,violation of the Mann Act(2021) |
Criminal charge | Producing child pornography (2002; acquitted in 2008) (2021; trial date set for August 2022) |
Penalty | 30 years imprisonment |
Musical career | |
Genres | R&B,soul,gospel,hip hop |
Labels | Rockland,Jive,RCA |
Website | r-kelly.com |
R Kelly was born in Chicago on January 8, 1967. R Kelly dropped out of high school to perform as a subway musician.
R Kelly earned his big break when he won a $100,000 prize on the television talent show Big Break. R Kelly signed with Jive Records in 1991 and released the album “Born into the 90s” with his group Public Announcement in 1993.
R. Kelly Career Success:
In November 1993, R. Kelly released his solo debut “12 Play.” the album was eventually certified six times platinum largely due to the single “Bump n’ Grind,”
At the same time, R Kelly started a career producing records for other artists. R Kelly produced and wrote the entire debut album of the teenage pop singer Aaliyah.
In 1995, his album “R. Kelly” sold over four million copies. Soon after, R Kelly single “I Believe I Can Fly” topped the charts and won three Grammy Awards.
R Kelly released a series of multi-platinum albums in the 2000s, as well as the multi-part hip-hop opera Trapped in the Closet, which he released to radio stations in short portions. The final portion of was officially released to the public in the spring of 2010.
R Kelly has released 14 studio albums, 5 compilation albums and 3 collaboration albums. R Kelly has won dozens of awards including 3 Grammys, several AMAs, a BET award and a many Billboard awards. R Kelly most recent albums “Black Panties” and “The Buffet” were released in 2013 and 2015, respectively. R Kelly has also participated in 12 official tours around the world spanning from 1994 to 2013.
R Kelly Relationships and Controversies
In 1994, R Kelly secretly married Aaliyah, though the marriage was later annulled. R Kelly went on to marry dancer Andrea Lee in 1996 and the couple had three children before divorcing in 2009.
R Kelly’s career has had its share of controversies over the years. R Kelly was arrested and charged with allegedly having sex with an underage girl. R Kelly was eventually acquitted of all 14 charges.
R Kelly Lost Fortune
R. Kelly net worth could have easily topped $50-100 million had he never experienced any legal problems. Over the years, R. Kelly has reportedly paid millions of dollars to allegedly settle dozens of lawsuits made by women who claimed they were abused by the singer.
R. Kelly reportedly lost a large portion of his net worth after divorcing Andrea Lee, his wife from from 1996-2009, the most lucrative years of his career.
In 2012, it was revealed that R. Kelly owed $5 million in unpaid taxes dating back 7 years. In 2013 R. Kelly lost his Chicago home to foreclosure after he hadn’t paid the mortgage since 2010. In 2018, R. Kelly was evicted from two Atlanta area homes after failing to pay more than $30,000 in back rent and fees. At one point in recent years he was living in a rented townhouse in Chicago’s Trump Tower.
R. Kelly Financial Problems
In July 2018, R. Kelly released a 19 minute song on Spotify where he addressed many of his allegations. On this song, R. Kelly claimed to be broke and needs to tour “just to pay rent”. R. Kelly also admits to owing the IRS $20 million at one time and being forced to borrow several million dollars from his label to pay bills.
R. Kelly financial struggles have skyrocketted as he can’t tour in many countries oversees because of his controversies and his U.S. tours are frequently blocked by protests. Also, Spotify and other streaming services have stopped serving his songs in their own public playlists. On Spotify, individuals can still stream his songs from their own account, but R kelly songs will not be recommended in public playlists like Discover Weekly or in other Spotify-curated playlists and radio channels.
In January 2019, Chicago building inspectors were granted the right to search R. Kelly’s recording studio after receiving reports that the structure had undergone multiple renovations without permits.
R. Kelly does not own the studio, he has rented it since 2017. The 8000 square-foot building was actually listed for sale at the time of the inspection for $4 million. At the same time, the building owner had filed a lawsuit against R. Kelly seeking unpaid rent. As per lawsuit, R. Kelly’s rent was $23,000 per month and he hadn’t paid in 7 months. R. Kelly owed the landlord $167,000 at the time of the filing.
Later on, R. Kelly’s record label RCA/Sony put all of his future music releases on hold, effectively freezing Kelly out of earning more money. At this time R. Kelly owes RCA/Sony two more albums on his most recent record contract. RCA/Sony has also refused to provide money for new music videos.
R kelly Legal Problems:
Throughout his career, Kelly has been repeatedly accused of sexual abuse with young adults and minors. R kelly faced multiple civil suits and was indicted by criminal courts in Chicago, New York, Illinois, and Minnesota. In 2002, he was indicted but eventually acquitted on 21 counts of making child pornography.
In January 2019, a Lifetime television docuseries, Surviving R. Kelly, helped resurface the scandal. Under pressure from the Mute R. Kelly movement, RCA Records terminated Kelly’s contract with the label.
In late February 2019, R. Kelly was arrested on new charges. R. Kelly bail was set at $1 million, which could have been satisfied with a $100,000 payment. But, R. Kelly was so poor that it took days for him to come up with the money. In fact, it was reported that the $100,000 actually came from a woman named Valencia Love whose precise relationship to R. Kelly is unclear. While R. Kelly was in jail his ex-wife Andrea filed a suit seeking $160,000 worth of unpaid child support.
In 2021, the United States Attorney for the Eastern District of New York tried and won the first criminal conviction against Kelly for a sex offense. Jury found R Kelly guilty on a total of nine criminal counts including violations of the Mann Act and racketeering.On June 29, 2022, R Kelly was sentenced to 30 years in prison.R Kelly continues to challenge his New York conviction