How much does R Kelly earn?
R. Kelly is an American singer-songwriter, actor, record producer, and actor. R Kelly’s net worth is a negative two million dollars.Kelly’s net worth at his peak was in the millions and possibly as high as $100 million. Kelly disclosed to a judge in April 2020 that he owed nearly $1.9 million to IRS.
|Networth||$ 2 Million|
|Profession||American singer, songwriter, actor and record producer|
R Kelly Net Worth: -$2 Million
WHAT IS R KELLY’S NET WORTH ?
R. Kelly is an American singer-songwriter, actor, record producer, and actor. R Kelly’s net worth is a negative two million dollars. Kelly’s net worth at his peak was in the millions and possibly as high as $100 million. Kelly disclosed to a judge in April 2020 that he owes $1.9 million to the IRS.
Scroll down for a detailed explanation of R. Kelly’s financial woes and peak achievements.
What is the EARLY LIFE and CAREER BEGINNING?
Robert Sylvester Kelly was born in Chicago’s southside on January 8, 1967. To perform as a subway singer, he dropped out of highschool. His big break came when he was awarded a $100,000 prize by the TV talent show Big Break. Kelly signed with Jive in 1991. He released the album “Born into the 90s”, with his group Public Announcement, in 1993.
R. Kelly’s solo album “12 Play” was released in November 1993. Thanks largely to the single “Bump n’ Grind,” the album was ultimately certified six times platinum.
Kelly also began a recording career for other artists. He produced and penned the entire debut album for the teenage pop singer Aaliyah.
His 1995 album, “R. His 1995 album “R. His single “I Believe I Can Fly” reached the top of the charts shortly after and was awarded three Grammy Awards. Kelly released several multi-platinum albums and the multi-part hip hop opera Trapped In the Closet in the 2000s. He also released short segments to radio stations. In spring 2010, the final section of the album was released to the general public.
R Kelly has released 14 studio albums as well as five compilation albums and three collaborative albums. Kelly won dozens more awards than his three Grammys. These include several AMAs and a BET Award, as well as many Billboard Awards. His latest albums, “Black Panties” & “The Buffet”, were released in 2013, and 2015. From 1994 to 2013, he has been a part of 12 official tours all over the globe.
Personal Life and Controversies
Kelly secretly married Aaliyah in 1994. However, the marriage was later annulled. After marrying dancer Andrea Lee, he had three children with her before separating in 2009.
R Kelly’s career has seen its fair share of controversy over the years. He was charged with having sex in public with an underage girl. All 14 charges were dropped.
If R. Kelly had not been involved in any legal issues, his net worth would have easily surpassed $50-100 million. Kelly reportedly spent tens of million dollars to settle lawsuits brought by women who claimed that Kelly abused them. Kelly, who was married to Andrea Lee from 1996 to 2009, which were the most lucrative years in his career, reportedly lost a significant portion of his net wealth.
Kelly owed $5 Million in unpaid taxes over seven years. This was discovered by Kelly in 2012. After not paying the mortgage payment since 2010, Kelly lost his Chicago home to foreclosure. After failing to pay back more than $30,000 in rent and fees, he was forced from his Atlanta homes. In recent years, he lived in a rented Chicago townhouse.
Problems Financial and Legal
R. Kelly made many allegations in a Spotify song that he released in July 2018. It lasted 19 minutes. Kelly claims that he is broke and has to travel “just to pay rent”. In addition, he admits to owing $20 million to the IRS at one point and having to borrow millions from his label in order to pay bills. Due to his controversies, he is unable to tour in many other countries and his U.S. tours are often blocked by protests. Spotify and other streaming platforms have stopped playing his songs in public playlists. Individuals can stream his songs on Spotify from their personal account. However, his songs won’t be recommended in public playlists such as Discover Weekly or other Spotify-curated playlists.
After receiving reports that R. Kelly’s studio had been subject to multiple renovations, Chicago building inspectors granted permission to search the space. R. Kelly doesn’t own the studio. He has rented it out since 2017. At the time of inspection, the 8000-square-foot building was listed for sale for $4 million. R. Kelly was also being sued by the owner of the building for unpaid rent. The lawsuit stated that Kelly owed $23,000 per month in rent and had not paid it for seven months. At the time of filing, he owed $167,000 to the landlord.
R. Kelly’s record company RCA/Sony announced on January 14 that they would be putting his future music releases off-line, effectively denying Kelly the opportunity to earn more. He owes RCA/Sony another album on his last record contract. RCA/Sony also refuses to pay for music videos. Kelly is not yet convicted of any crime, which puts the label in a difficult position. Legally, it would be difficult to fire Kelly and keep back money on the basis of allegations. If the contract includes a “morals clause”, RCA/Sony may be able to use that to get out of the contract.
R. Kelly was taken into custody on a number of new charges in February 2019. His bail was set to $1 million. A $100,000 payment could have paid for his release. Kelly was so cash poor that it took him several days to find the money. According to reports, the $100,000 came from Valencia Love, a woman whose relationship with R. Kelly is not clear. Kelly was in prison when Andrea, his ex-wife filed a lawsuit seeking $160,000 of unpaid child support.
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THE GUY JUST ‘LIKES YOUNG B****ES’!!!
Boosie ends a difficult year socially by defending R. Kelly… and suggesting that the dude has a thing for young women, NBD.
Recently, the rapper from Louisiana sat down for an interview with VladTV. Kelly’s conviction was brought up and Boosie was asked questions about it. He was not afraid to tell everyone how he felt about it — and that feeling is bitter resentment.
It’s available to view here… Kelly was railroaded for similar allegations in 2008, according to Boosie, and he feels it has a lot to do with Kelly’s race.
Boosie went one step further and said that Kelly’s actions were justified in relation to his victims. He then continued by saying that he felt like R. Kelly was like “the young bitches”.
He says, “If you leave your bitch at home, and you go on a two-week tour and she doesn’t go anywhere — that bitch hasn’t been kidnapped.” She waits for daddy to return home.
Boosie also claimed that a “bitch hasn’t been sexualized” if she was in bed with three or four women. She hasn’t been taken advantage of because she is willing to do so “He goes on to say that Kelly’s lone blunder was his “age” part.
DJ Vlad finally intervened and challenged Boosie’s wild characterization. He pointed out that Kelly was actually dating and later married a very young Aaliyah back in the day. And that he had also gone to court over this issue more than a decade before.
He said that all he needed to do was avoid underage girls, but he didn’t know how. Boosie is still skeptical at the end… which caps off his latest foot-in the mouth moment in 2021. Next year, we wish you more success.
What’s R. Kelly’s net Worth?
Kelly’s net worth has not been revealed. However, Celebrity Net Worth estimates his value at $2 million. This means that he is heavily indebted. According to the report, he used to have a net worth of tens or millions. This could be as high as $100 million. However, he is now in the red.
How much does he earn?
He told a judge in April 2020 that he owed close to $1.9million to the IRS alone. He appealed for bail to tend his financial affairs. In August, Kelly’s legal team requested free transcripts from jury selection hearings. Kelly couldn’t afford them.