Newly released court documents have revealed that R.Kelly only has $625 to his name, after the controversial musician faced a series of legal battles.
The R&B icon is currently on bail after being charged with 10 counts of aggravated sexual abuse in February. He plead not guilty to the charges and was released after posting his $100,000 (£78,000) bail.
While it’s thought that a close friend posted the bail, Kelly’s financial difficulties continue to run much deeper. As well as owing $160,000 in child support (which was paid with the help of a friend), Kelly was reportedly sued by the landlord of his Chicago studio after he owed a staggering $200,000 in back rent.
The landlord won $173,000, which led Kelly’s creditor, Midwest Commercial Funding, to seize some of his various bank accounts.They also issued subpoenas to Sony; the American Society of Composers, Authors, and Publishers; and Kelly’s other bank accounts in an attempt to work out how to claw back the money.
As a direct result of the subpoenas, it’s said that Kelly’s account at Wintrust Bank currently holds a balance of minus $13. The Blast also claims that some $150,000 in holdings were also taken from his Bank of America, leaving just $625 in his two accounts.
According to Complex, Kelly’s landlord is still owed $50,000 and Sony has been asked to cover the windfall despite cutting ties with the star.
