What is R Kelly’s net worth?

As of November 2022, The net worth of R Kelly is -$2 Million.

R Kelly’s projected net worth as of November 2022 is approximately -$2 million, and as a result of several lawsuits, difficulties, allegations, and even the “Surviving R Kelly” series, his net worth has completely vanished.

R Kelly is a singer, songwriter, and record producer from Chicago. When he published his debut album, “Born Into the 90’s,” he became well-known.

From then, he pursued rapping and is now regarded as one of the greatest vocalists and songwriters of all time, with songs like “I Believe I Can Fly” and “Ignition.”

R. Kelly recently made headlines when he dropped a new 19-minute song detailing his financial situation.

Early Years and Childhood

On January 8, 1967, Robert Sylvester Kelly was born in Chicago. Joanne, Kelly’s mother, was a singer. Kelly’s mother raised him and his three siblings by herself because his father was never around during his youth. Kelly published his book about how he was frequently subjected to sexual assault by a lady.

Kelly began his performance career on the streets of Chicago after giving a Stevie Wonder song as he entered Kenwood Academy.

In 1989, he and his buddies founded “MGM” (Musically Gifted Men). “Why You Wanna Play With Me,” the debut single by MGM, was recorded and made available.

Kelly began his singing career in 1991 after signing with Jive Records.

Personal Life

In 1994, Kelly wed Aaliyah incognito. At the moment, she was 15 years old. According to reports, the two started dating when she was 13 or 14 years old. R. Kelly would have been about 26 years old at the time. In 1995, the marriage was dissolved.

Later, in 1996, he wed dancer Andrea Lee; they had three kids before divorcing in 2009.

Loss of Fortune

R. Kelly’s net worth might have easily surpassed $50–100 million if he had never run into any legal issues. Tens of millions of dollars have purportedly been paid by Kelly over the years to supposedly settle dozens of lawsuits filed by women who claimed the singer had abused them. Kelly apparently lost a significant amount of his personal worth after divorcing Andrea Lee, his spouse from 1996 to 2009, the most prosperous years of his career. Andrea Lee was Kelly’s wife.

Kelly owing the IRS $4.8 million in back taxes, it was discovered in 2012. The following were the amounts owed by year:

• $1,472,366.77 for 2005
• $710,520.51 for 2006
• $376,180.11 for 2007
• $1,122,694.90 for 2008
• $173,815.18 for 2009
• $992,495.24 for 2010

For a grand total of $4,848,072.71

Career

Following years of street performances in Chicago, Kelly began his singing career in 1991. After agreeing to a deal with Jive Records, he released his debut album, Born Into The 90’s, the following year.

His debut album, which featured the tracks “Slow Dance (Hey Mr. Dj)” and “Honey Love,” became a huge success. Bump N’ Grind, his first No. 1 single on the pop charts, was released in 1993.

He continued to live up to his moniker of “Prince of Pillowtalk” even after his mother passed away. He was hailed as the king of R&B and launched the smash hit “I Believe I Can Fly” in 1996. In 1997, this song helped him win three Grammy awards.

Kelly has worked with a variety of international musicians, such as Gladys Knight, Michael Jackson, and Whitney Houston.

In the 1990s, he was still regarded as the R&B king. He debuted his album “R” in 1998, which included the Celine Dion duet “I’m Your Angel,” which went on to sell more than 7 million copies.

With “Satisfy You” (1999), Kelly and Sean “Puffy” Combs topped the charts. Two years later, Kelly teamed up with rap legend Jay-Z to write “Fiesta,” another number-one smash.

He released “Write Me Back” in 2012, following in the musical footsteps of artists like Marvin Gaye and Teddy Pendergrass.

Kelly has since worked hard to create new tracks. He was renowned for being the 90s’ R&B king and has sold millions of albums of his songs.

R Kelly’s net worth is $0 as of November 2022.

Highlights

Here are some of R Kelly’s most notable career high points:

• Billboard Awards (Number One R&B Producer, 1994)
• Grammy Award (Best R&B song “I Believe I Can Fly”, 1998)
• BET Awards (Best Male R&B Artist, 2003)
• R Kelly (Album, 1995)
• Soulacoaster: The Diary of Me (Autobiography, 2012)
• “Ignition” (Song, 2003)
• “I Believe I Can Fly” (Song, 1993)
• “Bump n’ Grind” (Song, 1993)

Favorite Quotes from R Kelly

I’ve programmed myself musically to come up with love-feeling tracks that are romantic, sexy, but classy, all in one. And that’s the challenge. Once I create that music, then the lyrical content starts to come – you know, the stories and things like that.” – R Kelly

“There are a time and place for everything. You’re younger, you might want to go to clubs and kick it, but as you get older, you start seeing that life has more meaning to it. The people that you love are the people you want to start trusting and start wanting them to trust you and start respecting them.” – R Kelly 

“If there’s no fire, there’s no scream. If there’s no scream, then no one hears you and no one comes to help you in the first place. The depth of my struggle has definitely determined the height of my success. To be able to teach my kids not just about success but about the struggle that comes with it.” – R Kelly 

“In life, you have people that love to party. That’s me. People that love God. That’s me. People that love sex. That’s me. People that love people. That’s me. And people that make mistakes. That’s me also.” – R Kelly 

“Love has never failed. It has won every battle. And today and forever more it will go on undefeated. I’m also a very loving person.” – R Kelly 

Real Estate

An 8,400 square foot mansion in Chicago’s Lakeview neighborhood that was built in the early 1900s was purchased by R. Kelly for $1.107 million in 1994. In 2002, he received $2.25 million for this property.

R. Kelly bought an undeveloped 4-acre lakefront plot of land in the Olympia Fields neighborhood of Chicago in 1997. He continued to erect the “Chocolate Factory,” a 14,000 square foot home. The 6-br, 8-ba mansion has a basketball court, home theater, and indoor pool. The house was valued at $5.2 million in 2009. In 2007, Kelly was sued by nearby residents for keeping his massive tour bus parked on the street without a permit, for constructing a guard house without a permit, and for keeping dogs on the site.

Kelly carried a roughly $3 million mortgage with JP Morgan Chase bank while he owned the property. After Kelly allegedly hadn’t made a mortgage payment in about a year, the bank started foreclosure proceedings on the house in July 2011. In a March 2013 foreclosure auction, JP Morgan placed a bid of $950,000 on a property for which they already held the mortgage. The bank finally sold the property for $587,500 in November 2013.

All of R. Kelly’s other homes, including a house in Atlanta and a condo at Trump International in Chicago, were rented out. He was kicked out of two homes in the Atlanta area in 2018 for failing to make more than $30,000 in back rent and fees.

Frequently Asked Questions

What is R Kelly’s net worth?

According to estimates, R Kelly is worth -$2 Million.

R Kelly is how old?

R Kelly, who turned 55 years old on January 8, 1967, was born.

What is the Height of R Kelly?

R Kelly is 6 feet 1 inches tall, or 1.85 meters.

Summary

R Kelly’s net worth is at negative $2 million, which is a far cry from his previous wealth.

So much turmoil has been created as a result of his achievement.