R Kelly- What is his net worth of him? How does he lose all his money?

R. Kelly is the most famous American personality who is a singer, songwriter, actor , and record producer. Previously, he was the person who was having around $2 million net worth but at present, this net worth is negative. During his peaks, his net worth of Kelly was easily in the tens of millions, perhaps so high as $100 million. This is the fortune that has gone for him now. But how did this happen? Why did Kelly lose all his money? To know about this, you need to read here.

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What was his net worth of Kelly?

Back in the years 2021 and mid-2022, Kelly was having an estimated worth of around $ 2 million or more. He earned this worth from his skills and abilities only. However, now this worth has gone in negative.

After multiple lawsuits, issues, allegations, and even the “Surviving R Kelly” series his net worth is believed to vanish totally. His criminal business has not only taken his worth away but has taken away his pride too.

R. Kelly Biography: Highlights

How did R. Kelly lose all of his net worth or money? Does the criminal background of R. Kelly make him lose all his money?

It has been known that R. Kelly was accused to run a criminal business where he prey on youngsters, girls, and adults for sexual enjoyment. Due to this criminal business only, he was sentenced to 30 years in jail.

Kelly is 55 years old and he was found guilty of all allegations against him in federal court in Brooklyn in September. Many of the cases on him are of racketeering based on child sexual exploitation, abduction, forced labor, Mann Act offenses, and more. This prohibits the transfer of persons over state boundaries for sex. After hearing all the testimonies from the accusers of this famous personality, Ann M. Donnelly the Judge, sentenced him to jail in September 2022.

Along with, the sentence of jail Kelly was fined $100,000. Kelly was not interested in speaking to the court. So, after 2 days of deliberation, a jury of seven men and five women convicted this person guilty. It is believed that R Kelly has spent tens of millions of dollars settling a slew of lawsuits filed by women who have claimed that he assaulted him. Kelly has reportedly lost a huge chunk of money after divorcing his wife. So, this is how Kelly has lost all of the money that was earned by him. 

All in all, the accusations of Kelly and his debts have made him lose such a big chunk of money. Even if his lawyers argued a lot during the sentence, Kelly has repeatedly been defrauded and financially abused, also by the people he paid to protect himself. Hence, this is all that you need to know about Kelly losing his money.

So, the post ends here. For more details about R. Kelly’s life and career, you can throw comments. Get connected to read more such informative posts.