Before his dark side unraveled, R. Kelly was one of the renowned names in the music industry! And if it wasn’t for several lawsuits filed against him, R Kelly’s Net Worth would have easily crossed about 100 Million USD.
Now you may be wondering what he has exactly done for him to be in such a position. Moreover, why has R. Kelly’s Net Worth hit a negative mark of 2 Million USD?
Well, in this article, I will explore all your questions. With that in mind, let’s begin by going through his bio-data first!
Kelly‘s Complete Biodata (2023)
Before we deep dive into R Kelly’s Net Worth and other finance backgrounds, let’s quickly skim through his bio-data!
|Name||Robert Sylvester Kelly|
|Nick Name||Pied Piper|
|Net Worth||Negative 2 Million USD (as of 2023)|
|Occupation||Singer, Songwriter, Record Producer|
|Date of Birth||8th January, 1967|
|Place of Birth||Chicago, Illinois, US|
|Relationship Status||Married to Aaliyah (1994 to 1995)Married to Andrea Lee (1996 to 2009)|
Kelly Net Worth & Estimated Salary
As of 2023, R. Kelly’s Net Worth is negative at 2 Million USD. However, on average, his estimated salary is 0.5 Million per year.
Apart from the 1 Million USD that he has paid to get out of prison (on bail), R. Kelly owed about 5 Million USD for the taxes he did not pay in 2012. Moreover, since he was not able to pay the debt, all of his property was taken away, which was worth about 30,000 USD.
Since then, he has been living in a rented apartment.
How Did R. Kelly Lose All The Money?
Before losing all the money in the legal issue in 2013, R. Kelly was recognized as one of the most successful musicians of all time.
After that, his net worth had a sudden shift from $100 Million to a negative $2 Million.
Kelly has several charges up his sleeves: For years and years, he has abused underaged women and even had been a part of a sex trafficking racket. Moreover, he filmed all these activities, and one of such clips was further used as evidence against him.
Slowly people started uncovering R. Kelly’s dark side, and one of the witnesses was another rapper, 50 Cents. In 2019, a docu-series was released where all the R. Kelly’s victims have spoken about the torture they have endured.
Considering all the evidence, the US District Court has sentenced R. Kelly to 30 years imprisonment. Moreover, he has five years of supervised release and a fine of $100,000.
R. Kelly’s constant legal issues and imprisonment have directly affected his assets.
Moreso because he had to pay a hefty amount ($1.9 Million) to the IRS, leaving him with nothing but negative $2 Million in the bank.
Kelly’s Life Before Fame
Chicago-born Robert Sylvester Kelly was raised by a single mother who also raised his three siblings. Growing above, Kelly was sexually abused by a female, and he has even mentioned it in his autobiography.
Robert further joined the Kenwood Academy, where he performed Stevie Wonder’s songs, and then he often performed on the streets of Chicago. He further formed a group (in 1989) called “Musically Gifted Men” along with a bunch of his friends and released their first single.
And two years later, he signed a record deal with Jive Records.
Kelly’s Career Milestones
R. Kelly released his debut solo record back in 1993, which was called 12 Play.
The single Bump n Grind was a massive hit because of which the album went on to rank Platinum Charter about six times. Moreover, the album “R. Kelly,” which was released in 1995, has sold about 4 Million copies.
Then another single, “I Believe I Can Fly,” not only won 3 Grammys but went on to win several charts. Then his 2000s released albums were Platinum toppers.
In total, R. Kelly has released about 14 solo records, three collaborative records, and five compilation records. Simultaneously, he started producing music for other artists like Aaliyah, whose album was double Platinum.
Other than that, R. Kelly has written the following songs:-
|1||You are not alone||Michael Jackson|
|2||Bump, Bump, Bump||B2K|
|4||Stimulate Me||Destiny’s Child|
|6||Life||K-Ci & Jojo|
|8||All of the Above||Beanie Siegel|
Kelly’s Rewards & Recognition
In the following list, we have mentioned some of the awards that R. Kelly has won:-
- Won Three Grammy Awards
- Won Nineteen BMI Awards
- Eleven Billboard Awards
- Twelve World Tours
- One Billboard Award for Number R&B Producer in 1994
- BET Award for Best Male R&B Artist in 2003
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Conclusion: R Kelly’s Net Worth
R. Kelly’s Net Worth as of 2023 is Negative 2 Million USD.
As they say, abusers are born out of abuse. And that’s true for Mr. Kelly! Since growing up, he was abused; he went to abuse several underage girls and even filmed them. Moreover, he has an arrest warrant for human trafficking as well!
And because of all these lawsuits, he had to pay a hefty amount that we have mentioned in detail above. However, in case of new information, I will keep the article updated!
Currently, R. Kelly has negative 2 Million USD in his account. All thanks to all the lawsuits, fines, and bail money he had to pay!
R. Kelly indeed gets royalties for his professional contributions; however, since he owes tons of money to quite a few people, likely his royalty money won’t stay with him.
R. Kelly’s greatest hit is “I Believe I Can.” Other than that, he has several other hits, including Bump n Grind, Ignition (Remix), etc.
R. Kelly sold the rights to his music to Aaliyah and his family since he wanted to avoid getting arrested for his illegal marriage.