Toni Braxton is a talented singer and songwriter who has doubled as an actress, enabling her to make millions of dollars. Toni Braxton is one of the best-selling females in history, making her even wealthier.
Despite the singer and songwriter filing for bankruptcy two times, she has fought a good fight, accumulating a handsome amount of money over the years. Here are the details of Braxton’s salary and net worth!
Toni Braxton’s Net Worth
Toni Braxton is among the wealthiest celebrity singers, with a net worth of $10 million. The singer and songwriter has been in the music industry for many years, making her create a substantial net worth.
With the title of the best-selling female R&B artist in history, she has sold over 67 million records globally. Toni’s career in the music industry began in the 1980s when she collaborated with her sisters to form a singing group called The Braxtons.
Although the first album the group released never got much attention, Toni became successful after she was discovered by producers Antonio Reid and Kenneth alias Babyface, who signed her to LaFace Records.
Toni Braxton’s Career
Toni Braxton’s career started as a result of someone’s suggestion. Producer William Pettaway Jr. heard Tonui singing to herself while in a gas station, and he convinced her to give singing a shot. Toni sang for the first time in a church choir.
After Tioni decided to get into music, she collaborated with her sisters, who formed a singing group in the late 1980s. The Braxtons signed a deal with Arista Records in 1989 and released their first single in 1990. The single never performed very well, but it caught the attention of producers Babyface and his partner Antonio.
Toni was lucky to get signed into LaFace by Babyface and his partner, and she worked on her debut album under the label. Toni released her first album named after herself in 1993, which was a huge success, becoming number one on the album charts.
Braxton has pursued her singing career over the years, making her one of the best female R&B singers globally with the highest-sold records. Additionally, the celebrity has ventured into acting, boosting her income further.
Toni Braxton Financial Issues
Toni Braxton is a celebrity who has tasted both an excellent and bitter life. Despite her massive success in the music industry, she has encountered other problems which have led to bankruptcy. The celebrity filed for bankruptcy in 1998 when she was in debt of $5 million.
The financial crisis eased up in 2000 when the singer released her single The Heat in the same year, which became a hit, selling millions of copies. The singer filed for bankruptcy again in October 2010, when she revealed she had debt of $50 million.
Toni owed money to numerous creditors, and her spending habits had made her dig deeper into a financial hole. As a result, the singer lost the rights to 27 of her most famous songs to help pay her debts.
