American singer R. Kelly’s net worth is estimated to be negative $2 million. R. Kelly, a singer, songwriter, and record producer, has seen his net worth drop to negative $2.5 million. Despite his financial troubles, R. Kelly remains a famous and successful American music figure. He is a phenomenal musician who has achieved significant acclaim throughout his career, and he is also a successful songwriter and record producer.
Kelly has made a lasting impact on the music industry with his songs and albums. He is renowned worldwide for his incredible contribution to hip-hop music and is often referred to as the King of R&B, the King of Pop Soul, and other titles. He has redefined the concepts of R&B and hip-hop music. Additionally, check out Craig David’s net worth.
However, in recent years, Robert Kelly has faced significant losses. His legal troubles and sexual offenses have cost him much of his wealth, name, and fame. Kelly has paid millions of dollars to settle lawsuits filed against him by numerous women. Recently, it was also reported that Kelly is in debt to the IRS for millions of dollars.
R. Kelly Net Worth
As of 2024, American singer R. Kelly’s net worth is estimated to be -$2 million, reflecting his significant debt. Following his arrest and conviction on sex trafficking charges, his financial situation has deteriorated drastically. R. Kelly, once heralded as one of the most successful music artists of his generation and a top R&B and Hip Hop musician, has seen his fortunes vanish due to his legal issues.
Throughout his illustrious career, Kelly amassed substantial wealth. However, the numerous sexual offense charges and subsequent lawsuits have drained his finances. He has spent millions on legal fees, court costs, and settlements with his accusers. Recently, he paid $1 million for bail, further straining his resources. Consequently, Kelly’s net worth has plummeted to a negative $2 million, leaving him financially destitute.
| 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 |
How R. Kelly Lost His Net Worth?
R. Kelly’s net worth could have easily exceeded $100 million if not for his legal troubles. He reportedly paid millions to settle numerous lawsuits filed by women accusing him of abuse. In 2012, it was revealed that he owed $5 million in back taxes accumulated over seven years. By 2013, he faced foreclosure after defaulting on mortgage payments since 2010.
In 2018, Kelly was evicted from two properties near Atlanta due to over $30,000 in unpaid rent and fees. He has also lived in a rented townhouse in Chicago’s Trump Tower in recent years. Despite his financial and legal issues, R. Kelly has collaborated with numerous top artists in the music industry, including Celine Dion, Justin Bieber, Lady Gaga, Aaliyah, The Isley Brothers, Jay-Z, Cassidy, Nick Cannon, and many other industry giants.
R. Kelly Assets
Home – R. Kelly, once at the pinnacle of his career, led an extravagant lifestyle with a substantial net worth. However, he is now $2 million in debt and does not own any properties, as they have been seized.
Car Collection – R. Kelly formerly possessed an impressive collection of luxury cars. Today, he no longer owns any vehicles, as most of them were auctioned off due to his legal troubles.
R. Kelly Biography
Robert Sylvester Kelly was born on January 8, 1967, in Chicago, Illinois. He grew up in the Bronzeville neighborhood with his mother and siblings. Kelly has not shared much about his father, as he knows little about him.
When Kelly was five years old, his mother married his stepfather, Lucious. From a young age, Kelly sang in the church choir. Tragically, he experienced repeated sexual abuse during his early childhood. Initially, Kelly played basketball for his school and college teams but eventually decided to leave basketball to pursue a career in singing.
| Real Name | Robert Sylvester Kelly |
| Nick Name: | R. Kelly |
| Birth Place: | Chicago, Illinois, United States |
| Date Of Birth: | 8 January 1967 |
| Age: | 57 years old |
| Height: | In Centimetres – 185 cm In Feet and Inches – 6’1” |
| Weight: | In Kilograms – 91 kg In Pounds – 200 lbs |
| Eye Color: | Brown |
| Hair Color: | Black |
| Parents Name: | Father – N/A Mother – Joanne Kelly |
| Siblings: | Bruce Kelly, Theresa Kelly, Carey Kelly |
| School: | Kenwood Academy High School |
| College: | N/A |
| Religion: | Christian |
| Nationality: | American |
| Social media Accounts: | |
| Zodiac Sign: | Capricorn |
| Gender: | Male |
| Sexual Orientation: | Straight |
| Marital Status: | Divorced |
| Girlfriend: | N/A |
| Wife/Spouse Name: | Aaliyah (m. 1994-1995), Andrea Lee (m. 1996-2009) |
| Kids/Children Name: | Jaah Kelly, Robert Kelly Jr., Joann Kelly |
| Profession: | Singer-songwriter, record producer |
| Net Worth: | Negative $2.5 million |
| Last Updated: | 2024 |
R. Kelly: Career and Awards
R. Kelly began his career in 1989 when he joined a group of talented musicians, releasing their first work titled “Why You Wanna Play Me.” His group, MGM, gained fame after winning the television talent show Big Break. Kelly’s debut album, “Born in the 90s,” was released in 1992, the same year he was signed by Jive Records.
In 1993, Kelly released his first solo album, “12 Play,” which included his first number-one hit, “Bump N Grind.” Over the years, Kelly has released numerous singles and albums, totaling 17 albums. His last album was released in 2016. In 2012, he published an autobiography, “Soulacoaster.” Throughout his career, Kelly has won numerous awards, including three Grammy Awards, 11 Billboard Music Awards, and 19 BMI Awards.
Education
R. Kelly has not shared much about his early education, but he attended Kenwood Academy High School, where he played basketball and became a proficient linebacker. He stopped playing basketball after the death of a friend and subsequently focused on singing and songwriting.
Conclusion
R. Kelly is a talented singer and musician whose success highlights his abilities. He was one of the most successful singers of his generation, consistently outperforming his peers. However, his career has been overshadowed by his long history of criminal behavior. Since the 1990s, Kelly has been involved in sex trafficking and child pornography. He was recently sentenced to two years in prison and is awaiting a trial set for August 2022. Despite his musical achievements, he is now widely recognized as a criminal.