R Kelly, whose full name is Robert Kelly, was one of the biggest R&B singers throughout the 1990s and the early 2000s and amassed a multimillion dollar wealth. On Wednesday, he was sentenced to 30 years in prison for offences related to racketeering and sex trafficking. R Kelly’s personal wealth was finally reduced, nevertheless, as a result of years of legal issues.
Net worth of R Kelly
Kelly has also been recognised with other music honours, such as the BET, AMA, and Billboard awards. In 12 globe tours between 1994 and 2013, he took part. According to Celebrity Net Worth, he amassed a sizeable wealth over the years that at one point was close to $100 million. However, the singer’s slow but expensive fall from grace was brought on by abuse settlements with victims, an expensive divorce, and other legal issues.
Kelly spent tens of millions of dollars to resolve sexual assault claims with numerous victims after 2000. Kelly was accused of paying hundreds of thousands of dollars to recover tapes of himself having intercourse with numerous young females in 1998 in 2019, according to Illinois authorities, after realising the videos were missing from his collection. Kelly lost millions during a pricey divorce with Andrea Lee, his ex-wife, with whom he was wed from 1996 until 2009. Lee filed a lawsuit against Kelly for $160,000 in unpaid child support after Kelly’s incarceration in 2019.
After Kelly missed more than three years of mortgage payments, his Chicago house was foreclosed upon in 2013. After neglecting to make $30,000 in rent payments, he was kicked out of Atlanta properties in 2018. U.S. District Judge Ann Donnelly imposed a 30-year prison term and a $100,000 fine on Kelly during his sentencing. Kelly has “repeatedly been scammed and financially abused, frequently by the persons he paid to protect him,” his attorneys claimed during the sentencing.
According to Celebrity Net Worth R.Kelly now has a negative $2 million net worth.