R. Kelly Net Worth 2018: How Much Could He Lose If The ‘Cult’ Story Is True?
R. Kelly has become famous not only for his music but for his sexual exploits, and questionable actions.
But now there’s a huge scandal that could land him in a lot of hot water — if true. According to Buzzfeed, Kelly may be creating a cult of young women whom he abuses and holds like a prisoner.
If this is true, it could lead to criminal as well as civil litigation, and could seriously reduce R. Kelly net worth. So what is he worth now? How could this affect him? Read on…
R Kelly’s career began in the early 90s, when he was on Natalie Cole’s TV show called the Big Break. He won the competition, and soon released his first album.
During the 90s, Kelly released several more albums to critical acclaim, as well as record-breaking sales. He may be most well-known for “I believe I can fly” which was part of the soundtrack to Space Jam with Michael Jordan.
Over his career, Kelly had multiple number one Billboard chart toppers, as well as dozens of hit tracks. The royalties from these contributed greatly to his wealth.
But Kelly also had other sources of income. Kelly launched his own label called Rockland Records, where he hired several top artists, includeing Sparkle and Boo & Gotti.
Additionally, he has collaborated with some of the biggest names in music — everyoine from Jay-Z to Celine Dion.
R. Kelly Net Worth 2018
In total, given his record contracts, his business success, and other ventures, we estimate R. Kelly net worth in 2018 at $130-$160 million.
R. Kelly Legal Trouble Costs Him Net Worth
R. Kelly has had some costly legal trouble, which has affected his net worth. He has had to pay out large amounts, including $250,000 to settle accousations on underage sex. He has also been criminally charged with having sex with minors.
How much could Kelly lose if he is found guilt of keeping underage women in a cult? Given the size of similar lawsuit settlements, Kelly may be liable for a large percentage of his wealth.
Photo credit: Andrew Steinmetz
