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R Kelly Net Worth: Why Is R Kelly's Net Worth So Low?

by Betty Armenta about a month ago in celebrities · updated 26 days ago
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Why Is R Kelly's net worth So Low? Here are the facts you need to Know.

If you look at the net worth of R&B singer and songwriter R Kelly, you might wonder why it’s so low, especially considering how famous he is and all the money he’s earned over the years. To be fair, it is pretty low—if you compare it to the wealth of other celebrities, that is—but there are several factors contributing to this. Keep reading to find out why his net worth isn’t higher, despite his fame and success.

The effects of the civil lawsuit

While r kelly net worth remains low, some wonder if another lawsuit might speed up that process. Last year, graphic claims were made in a civil suit against R. Kelly by alleged victims of his abuse. It includes descriptions of bodily fluids and masturbation on underage girls by an adult man—things he allegedly did to multiple girls over a period of years. As rumors continue to swirl about those women who have supported him and remained silent for so long, it’s clear that R kelly net worth may remain depressed for some time to come due to both lawsuits and negative public opinion.

The state attorney’s investigation

The singer was arrested and charged with 10 counts of aggravated criminal sexual abuse. The grand jury indictment lists four victims, though law enforcement sources told CNN there are dozens more who have come forward to authorities. The age of consent in Illinois is 17, so prosecutors allege all 10 incidents fall within that statute of limitations because they allegedly happened when one or more of his victims were under 17 years old. If convicted on all charges, he could face a maximum sentence of 180 years in prison. As these events unfold, speculation has run rampant about why he’s worth so little despite having achieved such mainstream success.

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A history of lawsuits against R. Kelly

Before his high-profile sex tape and years before he was embroiled in several lawsuits alleging sexual misconduct, singer Robert Sylvester Kelly was a Grammy award-winning artist. He has sold over 100 million albums worldwide and his net worth is at least $130 million (he also made nearly $15 million on last year’s European tour). However, that’s where things start to become unclear; conflicting reports over money, lawsuits, and settlements have resulted in an allegedly low net worth of $250K. Read on to see why is r kelly net worth so low.

He hasn’t released an album in years

It’s not a secret that R. Kelly has been through tough times. A series of criminal accusations, accusations of sexual abuse, and a number of other unfortunate events in his life left many wondering why is r kelly net worth so low (around $5 million). While some might argue that he shouldn’t be financially rewarded after being accused of such things, they might not realize there are other factors at play. Due to various contracts and agreements, it seems unlikely that his net worth will go up anytime soon. However, here are a few other reasons why is r kelly net worth so low.

What if he can't pay the $161 million?!

Although r kelly net worth isn't particularly high, he could still struggle to pay off his debt. R Kelly was ordered to pay out a mind-boggling $161 million to various victims and families of those who have accused him of crimes such as battery, assault, and more. R Kelly has only paid $50,000 of that amount so far!

R Kelly net worth 2022

R. Kelly's net worth is estimated to be only $-2 million, though a lot of other websites are claiming it to be $-2 million or even more. Some even go as far as saying that Kelly's reported net worth is estimated at $200 million, but some estimate it at over a billion dollars. The main reason why he only has a net worth of $-2 million is because of his ongoing court cases and legal troubles. In addition to being behind bars for 10 months in 2010 due to unpaid child support bills and failure to pay taxes, Kelly also faced charges for several counts of child pornography in 2002.

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R Kelly's sentence

Grammy-winning singer and Chicago native Robert Sylvester Kelly was sentenced to 30 years in prison for sex trafficking. A federal judge in Illinois handed down Kelly’s punishment, calling him a predator. The sentence carries a mandatory minimum of 15 years in prison. Kelly will also be forced to register as a sex offender.

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Betty Armenta

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