As of today, American singer, R. Kelly’s Net Worth is estimated to be negative – around -$2 million. R. Kelly is one of the most successful music artists of this generation and the best RandB and Hip Hop musician of all time. Kelly has made massive worth in his career, but because of all the charges against him, he has lost all his wealth, and currently, he is in a negative of $2 million.
Kelly could have had hundreds of millions in his account, but because of all the sexual offenses and the lawsuits filed against him, he lost all his wealth. Kelly has paid lawyers and courts and women millions of dollars to settle all the charges. Recently, he has paid $1 million to get bail. That’s why he has nothing left with him. Also, check Jeffree Star Net Worth.
R. Kelly Net Worth
Presently, in January 2024, Kelly’s net worth is -$2 million. A report says R Kelly lost most of his worth. He used to be seen as the finest RandB and hip-hop musician ever and one of the richest artists. Robert Sylvester Kelly, recognized for his work in different music genres, has faced allegations that have led to him losing his worth. Presently, R Kelly’s Net Worth is minus $2 million. Must Checkandnbsp;Lee DeWyze Net Worth.
In April 2020, Kelly told a judge during a case seeking out from jail that he owed around $1.9 million to the IRS and other creditors.
| Name | Robert Sylvester Kelly |
| Net Worth (2024) | -$2 million |
| Profession | Singer, Songwriter, Record producer, |
| Monthly Income | N/A |
| Yearly Income | N/A |
| Unpaid taxes | $1.9 million |
| Divorce settlements | $20 million |
| Prison (2022) | 30 years |
| Last Updated | 2024 |
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R. Kelly is a well-known American actor, singer, songwriter, and record producer who has a negative net worth of $2 million. In the earlier years, his net worth was as much as $100 million. His fall is costly due to abuse victims, a costly divorce, and other legal issues. Presently, Kelly has to make payments of up to $1.9 million to the IRS alone, along with other creditors.
In the 1990s, he was named the “King of RandB,” and he had hit songs such as “Trapped in the Closet,”andnbsp; “Bump n’ Grind,” and “I Believe I Can Fly“. Kelly released over 12 solo albums, with most going to the Top 10 charts and 5 going to #1. It is interesting to know that he sold almost 40 million albums in the United States and roughly 54 million globally.
R. Kelly has also been blamed for crimes such as sex trade and kids pornography. He was sentenced to 31 years in jail. Currently, he is being held at the FCI Butner Medium I prison complex. For more details about R. Kelly’s current financial issues and past success, please scroll down.
How he lost his Net Worth
R. Kelly’s net worth might easily have surpassed $100 million if he had never encountered in legal issues. Kelly is rumored to have paid a lot of millions of dollars to settle scores of lawsuits brought by women alleging abuse at the singer’s hands. Kelly owed $5 million in outstanding taxes over a 7-year period, it was found in 2012He was foreclosed on in 2013 after failing to make mortgage payments since 2010.
He was evicted from two Atlanta-area properties in 2018 after owing more than $30,000 in overdue rent and fees. He lived in a rented townhouse in Chicago’s Trump Tower for a period of time in recent years. R. Kelly has also collaborated with a number of top celebrities in the music industry like Celine Dion, Justin Beiber, Lady Gaga, Aaliyah, The Isley Brothers, Jay Z, Cassidy, Nick Cannon, and a plethora of other industry moguls.
R. Kelly Assets
Home: R. Kelly has been on top of his career for so long and has lived a very extravagant life. He used to have a massive net worth, but currently, he is in debt of 2 million dollars. He doesn’t own any properties, as his properties are seized.
Car collection: R. Kelly used to own some really exotic and exclusive cars. Although, nowadays he doesn’t have any cars, as most of his cars are sold at auction because of his criminal offenses. Also, readandnbsp;Dick Van Dyke Net Worth.
FAQs
What is the net worth of R. Kelly?
R. Kelly's total net worth is around negative $2 million.
Why is R. Kelly in debut negative?
He lost his money after frequent lawsuits, allegations, and complications.
What was his net worth before he went to jail?
R. Kelly had a minimum net worth before jail is $100 million.
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