How Much Is R. Kelly Worth?
- Kelly is a singer, songwriter, actor, and record producer from the United States. R Kelly has a net worth of -$2 million. Kelly’s net worth peaked in the tens of millions, possibly reaching $100 million. Kelly disclosed to a court in April 2020, arguing for his release from jail, that he only owes roughly $1.9 million to the IRS.
Early stages in Life and Career
On January 8, 1967, Robert Sylvester Kelly was born on Chicago’s south side. He skipped high school to pursue his dream of being a subway musician. He got his big break when he got a $100,000 award on the tv talent shows Big Break. Kelly joined Jive Records in 1991, and his Public group Announcement issued the album “Born into the 90s” in 1993.
Personal Life and Disputes
Kelly married Aaliyah in 1994; however, the marriage was subsequently dissolved. He wed ballerina Andrea Lee in 1996; the couple had three children before divorcing in 2009.
R Kelly’s business has been fraught with controversy throughout the years. He was detained and charged with having sexual relations with a minor. He was later found not guilty on all 14 counts.
Achievement
- Kelly launched his standalone debut “12 Play” in November 1993. The album was later certified six times platinum, owing primarily to the hit “Bump n’ Grind.”
In 1995, four million copies of his single “R. Kelly” were sold. He won three Grammy Awards when his song “I Believe I Can Fly” quickly rose to the top of the charts. Along with releasing several multi-platinum albums in the 2000s, Kelly also released the multi-part shoulder opera Locked in the Vault, which he gave radio stations bits and pieces. The final section was accessible to the general public in the summer of 2010.
Financial and legal issues
After receiving complaints that the property had undergone repeated renovations without permits, Chicago construction companies were granted permission to check R. Kelly’s music studio in January 2019. R. Kelly doesn’t own the studio and has been renting it since 2017. At the moment of the inspection, the 8000-square-foot structure was advertised for $4 million. Simultaneously, the building owner filed a lawsuit against R. Kelly for unpaid rent. According to the lawsuit, Scott’s rent was $23,000 per month, and he had not even paid in seven months. At the moment of the filing, he owed the owner $167,000 in back rent.
R. Kelly’s record company, RCA/Sony, said on January 14 that it was holding all of its upcoming music albums on hold, essentially preventing Kelly from making additional money. He owes RCA/Sony three more albums on his most recent record deal. RCA/Sony has also declined to fund new music videos. Kelly has yet to be accused of any crime as of this posting, putting the label in a problematic situation. It appears lawful to terminate him and withhold funds based on claims. If his contract has a “morals clause,” RCA/Sony may be able to use it to back out of the arrangement.
