Why is R. Kellys net worth so low?

Rapper R. Kelly has had a controversial occupation, with incredibly contrasted highs and lows.

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Born Robert Sylvester Kelly, the 55-year-old rapper at the back of a chain of scandals first rose to prominence in 1989. In the years that adopted, he turned into recognizable both as a singer and as an athlete. He signed on with the Atlantic City Seagulls in 1997, pairing basketball with an increasingly a success career as a musical artist. 

This success endured in the course of the early 2000s, allowing Kelly to collaborate with one of the most international’s highest rappers and liberate a handful of albums. At his height, Kelly used to be raking in cash with abandon, but his net worth has since plummeted considerably. A series of scandals, accusations of sexual assault, and constant criminal disputes later, Kelly’s wealth has taken a large dive. 

R. Kelly’s net worth

At the peak of his occupation, Kelly used to be worth tens of thousands and thousands of bucks, in step with Celebrity Net Worth, with a speculative top as much as $one hundred million. That number gradually fell over the next years, then again, as allegations of abuse circulated. Accusations of underaged intercourse and serial sexual abuse plagued Kelly in the course of the late 2000s and 2010s, slowly chipping away at his gathered wealth.

By 2019, when Surviving R. Kelly was once launched on Lifetime, Kelly’s reputation used to be already on a pointy decline. He’d been accused of quite a lot of inexcusable offenses — including a intercourse cult — over time, and as such has seen the fame he as soon as enjoyed fade rapidly. 

These days, Kelly’s worth a negative quantity. He’s admitted to owing immense quantities in again taxes and hire through the years, at one point allegedly owing the IRS a complete $20 million. Most of his song can’t be discovered on apps like Spotify, and Kelly’s misplaced all of his previously owned houses and assets. He’s set to be sentenced on nine counts that include racketeering and bribery in June 2022.

As he heads towards his sentencing, Kelly is going through down a current net worth of adverse $2 million. He published in 2020 that he owes the IRS by myself $2 million and likely has several other unpaid financial obligations. With this in mind, Celebrity Net Worth estimates that he is, at minimal, $2 million in the hole. If he’s headed to jail for a sentence that would ultimate the rest of his lifestyles, he’s not likely to get out of that hole any time quickly. 

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