R. Kelly Net Worth (Forbes): Rise And Fall (negative $2 Million)

American singer, R. Kelly’s Net Worth is estimated to be negative $2 million.  R. Kelly is a Singer, Songwriter, and record producer who has a net worth of negative $2.5 million. R. Kelly is a very famous and successful singer in America. Kelly is a phenomenal American musician who has achieved great success in his career. He is also a very successful songwriter and record producer.

He has marked his name in the music industry, with his songs and albums. Kelly is popular worldwide for his unbelievable contribution to hip-hop music. He is known as the king of R&B, The King of Pop Soul, and much more. He has completely redefined the entire concept of R&B and Hip Hop music. Also, check Melissa Benoist’s Net Worth.

However, in the last few years, Robert Kelly has lost more than he gained. Kelly has lost most of his wealth, name, and fame because of his legal troubles and sexual offences. He has paid millions of dollars to settle the lawsuit filed against him by dozens of women. Also, recently came news about Kelly being in debt of Millions of dollars from the hands of the IRS.

What is R. Kelly’s Net Worth?

American singer, R. Kelly’s Net Worth is estimated to be -$2 million as of 2024. This means he’s millions of dollars in debt. After his arrest and conviction on sex trafficking charges, his financial situation went from bad to worse. R. Kelly is one of the most successful music artists of this generation and the best R&B and Hip Hop musician of all time. He 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 offences and the lawsuits filed against him, he lost all his wealth. He has paid lawyers, 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 T-Pain’s Net Worth.

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 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 7 years, 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 over $30,000 in overdue rent and fees. He lived in a rented townhouse in Chicago’s Trump Tower for some time in recent years. R. Kelly has also collaborated with several top celebrities in the music industry, like Celine Dion, Justin Beiber, Lady Gaga, Aaliyah, The Isley Brothers, Jay-Z, Cassidy, Nick Cannon, and many 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 Stunning and exclusive cars. However, nowadays, he doesn’t have any cars, as most of his cars are sold at auction because of his criminal offences. Also, read Baby Rose’s Net Worth.

About R. Kelly’s Personal Life

Robert Sylvester Kelly was born in Chicago, Illinois, United States, on 8 January 1967. Kelly was raised in Bronzeville Neighborhood, with his mother and siblings. Kelly hasn’t disclosed anything about his father, as he also doesn’t know a lot about him.

When Kelly was only five years old, his mother married his stepfather, Lucious. He used to sing in the church choir from a very young age. Kelly was sexually abused plenty of times in his early childhood. Later, he started playing basketball with his school and college teams. Kelly later left basketball and focused on 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:	6’1” / 1.85 m
Weight:	91 kg / 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:	Instagram
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

R. Kelly: Career and Awards

R. Kelly started his career in 1989 when he joined a group of gifted musicians. He released his first work named Why You Wanna Play Me. His group, MGM, later went to a television show named Big Break. They won the talent show and became quite famous. His debut album was released in 1992 and named Born in the 90s. The very same year, he was signed by Jive Records.

In 1993, he released his first solo album named 12 Play. It included the most successful and first number-one hit of Kelly named Bump N Grind. Since then, Kelly has released numerous singles and albums. He has a total of 17 albums and numerous singles.

Kelly last released his album in 2016. In 2012, he wrote an autobiography Soulacoaster. Kelly has won numerous awards, including three Grammy Awards, 11 Billboard Music Awards, 19 BMI Awards, etc.

Education

R. Kelly has not shared much about his early schooling. However, we know he went to Kenwood Academy High School, where he started playing basketball and became a decent linebacker. Kelly stopped playing basketball after the death of his friend. Later, he began singing and writing.

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