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Why Is R. Kelly’s Net Worth So Low? An Insider’s View of His Earnings

Why Is R. Kelly’s Net Worth So Low? An Insider’s View of His Earnings

R. Kelly’s net worth is around -$2 million. He is a singer, songwriter, actor, and record producer from the United States of America who once held a great fortune of $100 million. But in 2020, he lost it all when he got out of prison by presenting the judge with many millions of which around $1.9 million is still left to pay.

R.KellyWiki/Bio
OccupationSinger, actor, record producer, and songwriter
Net Worth-$2 million
Age56 years
Source of WealthCareer as a singer, actor, record producer, and songwriter

Besides this, many other allegations and cases happened throughout his career, which affected his net worth and lifestyle, greatly. Below, we have created a breakdown regarding his current financial problems and prison story. Read onwards!

A Quick Check Into R. Kelly’s Bio:

Birth nameR. Kelly
Known asRobert Sylvester Kelly
Date of birthJanuary 8, 1967
Age56 years
BirthplaceChicago, Illinois
Famous AsSinger
EducationKenwood Academy High School
Zodiac signCapricorn
NationalityAmerican
EthnicityBlack
ReligionN/A
Father’s nameUnknown
Mother’s nameJoanne Kelly
SiblingsBruce Kelly, Theresa Kelly, and Carey Kelly
Last updated2023
R.Kelly siblings January 2023
From left to right: Theresa, Robert, Bruce, and Carey Kelly

How Is R. Kelly’s Net Worth -$2 Million?

During the height of his career, R. Kelly amassed a staggering net worth of over $100 million, making him one of the wealthiest singers in the industry. The cost of ongoing court battles and legal proceedings has reduced his net worth to below $2 million due to unpaid debts owed to the IRS (according to CelebrityNetWorth.Com). Most of his net worth comes from his music, acting, and producing career, but recently, The-Sun.Com released that this shining star was involved in multiple illegal activities in his Atlanta house for making side money.

Due To Committing Nine Different Criminal Offenses, He Got Sentenced To Jail For 30 Years

After police discovered the dark things happening in his villa, which include violations of the Mann Act, racketeering, and holding women captive and forcing them to take part in orgies, the California court took serious actions. The case prolonged for a few months until Kelly was finally sentenced to jail for 30 years on June 21, 2022.

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Even After Being In Jail, His Album Mysteriously Got Released

At the end of the year 2022, R. Kelly’s album “I Admit It” got released on different streaming sites, like Spotify, Apple Music, and YouTube, but suddenly after getting attention, someone mysteriously removed it from all the platforms and never revealed who was behind this fuss.

Many believe it was Kelly himself, but on the other hand, it’s quite impossible to assume a man in jail released another album and then deleted it.

Let’s Have A Look At His Expensive Villa Collection

Kelly had an eye-catching collection of villas around the United States before being arrested. This isn’t the first time he is spending time behind bars. In 2020, he was in the cell for some allegations for which he offered millions to the judge and dropped his net worth from a hundred million to -$2 million.

His first property is on West George Street in the city’s Lakeview neighborhood. That was a five-bedroom, 8,400-square-foot house that was once a cigarette vending machine business before its conversion to a single-family residence in the 1980s.

His second mansion is called “The House Of Horrors,” as there are multiple crimes the singer committed in his last days in the American music sphere. It was an 11,455 sq. ft. property. After taking a look at the pictures present on the internet, we found the villa included two kitchens, a home theater, a pool, a spa, and a tennis court.

Atlanta mansion January 2023
The $2 million dollar Atlanta mansion where R.Kelly ran a “sex cult”
Atlanta mansion pool January 2023
The $2 million dollar Atlanta mansion where R.Kelly ran a “sex cult”

He Didn’t Own Any Car

Given R. Kelly’s net worth during the height of his fame, it’s interesting to note that after looking at different sources, we discovered that Kelly never owned a car. He used to rent vehicles to travel from one place to another since his teen days – when he was a massive fan of basketball. He even tried to pursue it in the sports field, but later, he jumped into the world of music and gained massive success.

How Did Kelly Rise To Fame In The American Music Scene? – (His Career Highlights)

After leaving his obsession with sports, R. Kelly joined the music sphere in the 1990s. He released his solo debut “12 Play” in 1993, and around 2001, he released a bunch of hits, which helped him attract international fandom in a relatively short amount of time. Some of his best and most streamed tracks are “Bump n’ Grind,” “I Believe I Can Fly,” “Gotham City,” “If I Could Turn Back the Hands of Time,” “I’m a Flirt,” and “Trapped in the Closet.”

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Furthermore, the artist has sold nearly 40 million albums in the United States and another 54 million worldwide. He also has 24 Grammy nominations, 3 Grammy awards, 6 American Music Awards, 6 Billboard Awards, and 8 Soul Train Music Awards. Over the course of 25 years, Kelly has won a total of 110 awards from 274 nominations. Given the staggering amount of accolades won over his career, it’s not too surprising that R. Kelly’s net worth once amounted to $100 million.

Summing Up!

R. Kelly is considered by some to be an R&B legend in the music sphere since the 1980s. He faced multiple problems throughout his career, which led him to lose his position and the bulk of his money. Once an adored talent with multiple mansions and the ability to revel with the few lavish-life-living singers of American culture, it’s sad to see that R. Kelly’s net worth of negative $2 million has resulted because of his ill-conceived decisions.

R.Kelly January 2023
R.Kelly at his arraignment

Frequently Asked Questions about R.Kelly

At what age did R.Kelly begin singing?

He began singing in the church choir at age 8

How far did R.Kelly make it in school?

He dropped out of high school at Kenwood Academy after one year

What was his first number one hit?

'Bump N' Grind'

How tall is R.Kelly?

6 ft. 1 in. (186 cm)

Why is R.Kelly's net worth so low?

Due to numerous court battles and ongoing legal proceedings from crimes committed, he was ordered to pay fines.

What are your thoughts on R. Kelly’s net worth and character? Let us know in the comments below.