All you need to know about R. Kelly's net worth explained (2024)

FAQs

All you need to know about R. Kelly's net worth explained? ›

R Kelly's net worth is said to have plunged to “negative $2 million”. Celebrity Net Worth estimates the convicted sex abuser is far beyond broke, with a balance the equivalent of –£1.65 million.

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.

The Sun stated that R Kelly's catalog worth estimate was somewhere between $8.4 million and $10.5 million before his conviction. In April 2024, Billboard's estimated worth of the catalog was $21 million.

In 2012, it was revealed that he owed the IRS $4.8 million in unpaid taxes. This debt continued to grow, and by 2020, he owed nearly $1.9 million to the IRS. These financial obligations have compounded his financial decline, leaving him with a negative net worth.

Career. During his recording career, Kelly sold over 75 million records worldwide, making him the most commercially successful male R&B artist of the 1990s and one of the world's best-selling music artists.

As of 2024, unexpectedly, his net worth is estimated to be negative $2 million, meaning he is millions in debt. R. Kelly's main source of income was, of course, his wildly successful music career over many years. He has sold nearly 40 million albums in the United States and over 54 million albums worldwide.

R. Kelly sold some of his music rights for $5 million around the time of his trial, prosecutors alleged. Prosecutors argued the proceeds should be considered when the judge issues a fine. Kelly was sentenced to 30 years in prison plus $140,000 in fines, with restitution to be decided later.

Who gets R. Kelly's royalties now? ›

Kelly's royalties held by Universal Music Group must be handed over to Brooklyn federal prosecutors to help pay his victims, a judge ruled Wednesday.

Inside the massive, 30-room Olympia Fields mansion once owned by disgraced recording artist R. Kelly. Rudolph Isley and his wife, Elaine, purchased the home after it entered foreclosure in 2013 and remodeled it to include a new kitchen. The Isleys fixed and remodeled a flooded basem*nt to add a 1950s-style kitchen.

While speaking about her relationship with Kelly, Price shared that although he was older than her, she became like an "older sister" to the singer. "Our relationship remained professional. He never brought anything around me," she said. "People don't believe it but he never, ever brought anything around me.

Sources say that Kelly doesn't own the master recordings he made during his period as a chart-topping artist, which accounts for the majority of the activity on his catalog. (His later period recordings, which Kelly may own, don't fare as well in generating sales and streams.)

Carrie Underwood

Well, this is certainly no surprise. Carrie is one of the most beloved artists in music today, which has helped her sell almost 15 million albums here in the US. That number beats runner up Kelly Clarkson by only about one million, so the ranking here may change.

R&B singer and songwriter Usher has a net worth of $180 million, according to Celebrity Net Worth. In 2023, Usher made $40 million from 34 shows at his residency at Las Vegas' Dolby Live stage.

Jim Kelly: $20 Million Net Worth

He took the Bills to the playoffs eight times and led his team to the Super Bowl four seasons in a row. He made the illustrious Hall of Fame ranks in 2002.

Kelly makes $22 million each year for Live, according to Celebrity Net Worth, which is just seriously impressive. Back in 2017, she was making an $18 million salary for the show, according to Forbes. And that was expected to go up to $20 million in 2018.