Aretha Franklin, known as the “Queen of Soul,” was an American singer, songwriter, and musician who rose to fame in the 1960s. Aretha Franklin's net worth was estimated to be $80 million USD as of 2018. The value of her likeness, music library and royalty stream are all taken into consideration when calculating this amount.
“Respect,” “I Say a Little Prayer,” and “I Never Loved a Man (The Way I Love You”) were among Aretha Franklin's most popular songs, as were “I Say a Little Prayer” and “I Never Loved a Man (The Way I Love You.” The singer-songwriter continues to be one of the best-selling artists in history, having sold more than 75 million albums worldwide.
Her Early Days
Aretha Franklin was born on March 25, 1942, in Memphis, Tennessee, to a family of gospel singers. C. L. Franklin Sr. was a Baptist minister and circuit preacher, and Barbara (née Siggers) Franklin was a soprano and a pianist who performed in the family's musical theater production.
She was born in Memphis, Tennessee, at 406 Lucy Avenue, to a family of six, and raised there. Franklin's parents had four children when they were married, and they had additional children from previous relationships, so he had a large number of siblings to play with when they were together.
In 1961, when Franklin was three years old, her entire family relocated from their home in Philadelphia to Buffalo, New York before settling in Detroit, Michigan.
Following his father's death, her father assumed the position of pastor at the New Bethel Baptist Church in Detroit.
Franklin's parents had a troubled marriage as a result of her father's numerous affairs, and they divorced in 1948 as a result.
Her mother returned Vaughn to Buffalo, where he lived with her father, but she continued to visit her other children in Detroit on a regular basis. After all, was said and done, she succumbed to a heart attack and died in 1952.
The result was that a number of women in the neighborhood, including their mother, took responsibility for raising Franklin and her siblings. Franklin was a sophomore at Detroit's Northern High School when she decided to drop out of school.
Franklin began singing in her father's church when she was six years old, and he took over as her manager when she was twelve years old. Her first record deal, with JVB Records, was secured as a result of his “gospel caravan” tours, during which she sang in churches all over the United States.
Her first single, “Never Grow Old,” was released by J.V.B. Records in 1956, and her first album, “Spirituals” was released by the same label the following year (1956).
It was during this time that she continued to perform gospel music, spending her summers in Chicago on the gospel circuit. When she was sixteen years old, Dr. Martin Luther King, Jr. invited her to accompany him on a tour of the United States (she would later go on to sing at his funeral in 1968).
After turning eighteen, Franklin, on the other hand, decided to pursue a career in pop music as a singer-songwriter.
From her own words, learn the real meaning behind #Aretha‘s worldwide hit, “RESPECT.” The song became the anthem and rallying cry for the #CivilRights Movement and for feminist movements after its release in '67.
Watch the full TIME interview here: https://t.co/4GAscaPD0s
— Aretha Franklin (@ArethaFranklin) February 28, 2022
The same year she moved to New York, Franklin's father assisted in the creation of a demo that helped her land a recording contract with Columbia Records in 1960. Franklin's father also helped her daughter get settled in New York at the same time. “Today I Sing the Blues” was released as a single by Columbia Records in September 1960, and by the following year, it had reached the top ten of Billboard's Hot Rhythm & Blues Sellers chart. Franklin's first secular album, “Aretha: With The Ray Bryant Combo,” was released in January 1961, marking her professional debut.
The lead single from the album, “Won't Be Long,” debuted at the top of the Billboard Hot 100 chart in its first week of release. However, she went on to record a number of albums for Columbia Records, none of which were commercially successful, despite her previous failure. After her contract with Columbia Records expired in November 1966, she signed a recording contract with Atlantic Records.
With the single “I Never Loved a Man (The Way I Love You),” she scored her first top ten pop hit for Atlantic Records. The song peaked at No. 9 on the Billboard Hot 100 and was certified platinum.
The songs “Respect,” “(You Make Me Feel Like a) Natural Woman,” “(You Make Me Feel Like A) Natural Woman,” “Chain of Fools,” “Ain't No Way,” “Think,” “Bridge Over Troubled Water,” and “I Say a Little Prayer” are some of Franklin's most well-known as a performer and songwriter.
She was a trailblazer in the music industry because she was the first woman to be inducted into the Rock and Roll Hall of Fame. In 1979, she received a star on the Hollywood Walk of Fame, and in 1994, she was honored with the Kennedy Center Honors Medal for her contributions to the field of theater. 18 Grammy Awards, including two Honorary Grammy Awards, have been bestowed upon her for her work in a variety of musical genres. Many of her songs have appeared on Billboard's “Top 40” chart.
She has had a total of twenty singles that have reached the top of the Billboard Hot R&B Singles chart. She is also one of the most successful musicians of all time, having sold more than 75 million albums in her native country of Canada.
Aretha Franklin's Net Worth
As of 2022, her net worth is estimated to be more than $90 million.
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