R. Kelly was worth at least $100 million at the peak of his career, but according to reports, by 2019, his name is worth less than 1% of this number. Where did his millions go?
According to reports, Kelly’s net assets are currently minus $2 million. Celebrity net worthThe infamous singer named Robert Sylvester Kelly stated in court documents filed last year that-in order to get him on bail-he only owed the IRS nearly 1.9 million Dollar, TMZ Report.
However, there are reports that Kelly has more than one. According to reports, if he has never encountered legal problems, the value of his 1 album and headline concert tour could easily reach 200 million US dollars today. These things.
According to reports, Kelly is known for hits such as “Ignition (Remix)” and “I Believe I Can Fly”, and has sold more than 75 million records worldwide. CBS News, Making him one of the best-selling music artists in the world. billboard He is also called the top R&B/hip-hop artist from 1985 to 2010, and the most successful R&B artist in history.
Before becoming famous in the music industry, Kelly had an R&B band called MGM and won a $100,000 prize in the TV talent show “Big Break”. Due to financial differences, this is the last time the band will perform together on stage. But Kelly was discovered by music executive Wayne Williams and signed with Jive Records in 1991.
The following year, Kelly and his band Public Notice released the album “Born Into The 90s”, which later received platinum certification. His next album “12 Play” sold more than 5 million copies after its release in 1993. Including the singles “Sex Me” and “Bump N’Grind”, it became the longest-release album. 1 R&B song since the early 1960s, ABC News Report.His next few albums continue Peak number 1 or within the top five Billboard 200.
While achieving success as an artist, Kelly faced allegations of sexual abuse as early as the 1990s. It is not clear how much he paid for out-of-court settlements and legal fees in the past 20 years.
In 1998, the artist paid a settlement fee of $250,000 to a woman named Tiffany Hawkins, who claimed that her sexual relationship with him began when she was 15 years old. Chicago Sun Times Report. According to reports, Kelly also settled out of court due to an undisclosed amount lawsuit filed against him by a former intern of Epic Records in 2001 and two other women in 2002. New York Post and British Broadcasting Corporation Say.
Kelly also lost most of his income when he divorced his ex-wife Andre Kelly in 2009. According to reports, he received a lump sum of US$1 million from the divorce. According to reports, the singer was also ordered to pay more than $20,000 a month in child support. CBS Chicago.
But in 2019, Kelly went to jail for failing to pay more than $161,000 in overdue child support.
During his time interview In the same year, during Gail King’s “CBS This Morning” show, Kelly claimed that he had only about $350,000 left in his bank account. “So many people have been stealing my money. People have something to do with my account,” he claimed. “I don’t know what I’m doing or what happened. I’m tired of not knowing where my money is. A lot of it is on me.”
At the time, he also denied Jin’s claim that his financial troubles stemmed from having to pay multiple legal settlements, insisting that he had never had sex with minors.
After being detained in Chicago on 10 serious criminal sexual abuse charges in 2019, Kelly is still in jail.
Kelly’s criminal trial in New York began on Wednesday and he faces 22 federal charges, including human trafficking, extortion, child pornography, kidnapping and forced labor. He denied all charges against him.
In this handout provided by the Chicago Police Department, Robert Kelly (R. Kelly) poses for a photo after his arrest in Chicago on February 22, 2019.
Photo: Chicago Police Department via Getty Images
