R Kelly Net Worth 2022: Who Owns Kelly’s Royalties?

Singer, song composer, and record producer Robert Sylvester Kelly (born January 8, 1967) is an American sex offender. He has been dubbed “the King of R&B,” “the King of Pop-Soul,” and the “Pied Piper of R&B” for his contributions to the evolution of R&B and hip hop.

“I Believe I Can Fly,” “Bump N' Grind,” “Your Body's Callin',” “Gotham City,” “Ignition (Remix), “If I Could Turn Back the Hands of Time,” “The World's Greatest,” “I'm a Flirt (Remix), and the hip hopera “Trapped in the Closet” is among of Kelly's most popular songs. “I Believe I Can Fly” garnered Kelly three Grammy Awards in 1998.

However, while Kelly is most known for his singing and songwriting, he has also contributed to the success of other musicians by writing and producing their music.

As a result of his work on Michael Jackson's song “You Are Not Alone,” he was nominated for a Grammy Award in 1996.

Kelly is the most successful R&B male performer of the 1990s and one of the best-selling musicians in the world, having sold over 75 million records worldwide.

He ranked as the top R&B/hip hop musician between 1985 and 2010 according to Billboard magazine, which regarded Kelly to be the greatest ever R&B singer.

Journalists have been accusing Kelly of sexually abusing minors and young adults for nearly three decades, including an illegal marriage to Aaliyah in 1994, a video of Kelly abusing a minor aged 13 at the time that was published in 2002, and a “cult-like” atmosphere that obtained sexual violence against underage females that was exposed in 2017.

He was acquitted six years later of a 21-count child pornography prosecution in 2008, and his career looked to be unharmed.

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Early Life and Career Beginnings

R Kelly Net Worth

He was born on January 8th, 1967, in Chicago's south side, Robert Sylvester Kelly. He didn't finish high school because he wanted to be a subway musician. He got his big break when he won $100,000 on Big Break, a reality television show. “Born into the 90s” by Kelly and Public Announcement was published by Jive Records in 1993.

Success

R. Kelly's solo debut, “12 Play,” was released in November 1993. The album went on to be certified six times platinum, mostly because of the track “Bump n' Grind.

During the same period, Kelly started a career as a record producer for other musicians. Aaliyah's debut album was produced and written entirely by him.

Four million copies of “R. Kelly” were sold by him in 1995. His song “I Believe I Can Fly” went to number one and won three Grammy Awards within a few months.

While Kelly was still active in the 2000s, he released a number of platinum albums as well as a multi-part hip-hop opera called Trapped in the Closet, which he made available to radio stations in bite-sized pieces. In the spring of 2010, the last piece was made available to the public for the first time.

R Kelly has fourteen studio albums to his credit, in addition to five compilations and three joint ventures. Kelly is the recipient of a slew of other honors in addition to the Grammys, including many AMAs, a BET Award, and a slew of Billboard Awards.

For his most recent albums, he released “Black Panties” in 2013, followed by “The Buffet” in 2015. A total of 12 official world tours, spanning from 1994 to 2013, have also included him.

R Kelly's Net Worth

R Kelly Net Worth

In addition to singing, writing, acting, and producing, R. Kelly is a multi-talented artist. As of 2013, R Kelly's net worth was a meager $2,000,000. When he was at his pinnacle, Kelly's net worth was likely in the tens of millions, possibly even $100 million.

As part of his argument for being freed from jail, Kelly revealed before a judge in April 2020 that he owed the Internal Revenue Service (IRS) a total of roughly $1.9 million.

See below for a full overview of Kelly's financial difficulties and peak success.

Personal Life and Controversies

Aaliyah and Kelly were married in secret in 1994, but the union was subsequently declared invalid. Before divorcing in 2009 he married Andrea Lee, a professional dancer, and they had three children together.

R Kelly's music career has been plagued by a number of scandals. he was arrested and accused of having sex with a minor by a police officer. All 14 allegations against him were finally dropped.

A Lost Fortune

R. Kelly's fortune might have easily reached $50-100 million if he hadn't run into legal issues. Kelly has reportedly paid out tens of millions of dollars to settle scores of lawsuits filed by women alleging that the singer sexually assaulted and molested them over the years. After divorcing Andrea Lee, his wife from 1996 until 2009, Kelly reportedly lost a big amount of his total fortune.

Kelly owes $5 million in past taxes, which were discovered in 2012. After failing to make mortgage payments since 2010, he was forced to leave his Chicago house in foreclosure in 2013. For not paying over $30,000 in unpaid rent and taxes, he was kicked out of two Atlanta-area properties in 2018. He used to rent a home in Chicago's Trump Tower for a while.

R Kelly Net Worth

R. Kelly released a 19-minute song on Spotify in July 2018 in which he addressed several of the accusations against him. Kelly sings in this song about being broke and having to go on tour “just to pay the rent.”

He has also said that he owed the IRS $20 million at one point and was compelled to borrow several million dollars from his record company in order to keep up with his debts.

Since his issues have prevented him from touring abroad, and his US tours are routinely thwarted by demonstrations, he is struggling to make ends meet.

Other streaming platforms like Spotify no longer play his music on their own public playlists.

However, Spotify users may still enjoy his music from their own accounts, but his tracks will not be included in Spotify-curated playlists and radio channels like Discover Weekly.

Building inspectors in Chicago were allowed access to R. Kelly's recording studio in January 2019 after receiving information that the property had undergone repeated alterations without licenses.

It is not R. Kelly's studio. He has been renting it since 2017. At the time of the inspection, the 8000-square-foot facility was on the market for $4 million. R. Kelly was also being sued by the building's owner for unpaid rent at the same time.

Kelly owes a $23,000-per-month rent bill that has gone unpaid for seven months, according to the lawsuit. At the time of the petition, he owed the landlord $167,000 in rent.

Frequently Asked Questions

How Much Does R. Kelly Have Now?

Throughout the 1990s, he was hailed as the R&B king, and his albums have sold millions of copies. 2022 saw R Kelly's wealth fall to $-2 million.

Who Owns R. Kelly's Royalties?

This is the holding company for Sony Music Entertainment Inc.
As long as Sony Music Holdings Inc. hasn't paid her the $3.5 million she's been awarded, she'll keep getting her share of the profits. A woman named Heather Williams, who goes as R. Kelly, has been charged with murder.

Seth Skemp
Seth Skemphttps://michigansportszone.com
An author who has written for years about how much celebrities are worth and what season it is. I've written a lot of articles about technology, movies, death, and dating. My main areas of interest are upcoming movies, actors, TV shows, and the newest celebrities. The main goal is to give more and more information. Check out michigansportszone.com to find out more...

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