R. Kelly's Left With Negative $13 In Bank Account After Overdrawing: Report

BYAron A.72.6K Views
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R. Kelly's financial situation gets worse.

R. Kelly is dealing with a lot of problems these days. The singer's been under fire for allegations of sexual abuse which ultimately led to a formal indictment. However, it's his financial situation that seems to be an equally heavy burden on the singer's shoulders. According to the Blast, one of his bank accounts is currently sitting in the negatives.

Amid the controversy surrounding Surviving R. Kelly, the singer also had to deal with a massive debt he owed his landlord. Kells had $150K seized from his account, which, according to documents, left his account with Wintrust at negative $13.

Kelly did have two other accounts with Bank Of America -- one which held $44,595.58 as well as another that held $110,056.64. However, the majority of the $154,527.22 he had remaining in his bank accounts were seized as well, leaving him with $625.

Additionally, ASCAP claims that don't owe Kelly any money either.

R. Kelly was sued earlier this year by the landlord of his recording studio in Chicago over owing back rent. The landlord landed a $173k judgment but he's been having trouble collecting the money that's owed to him from Kells. They've already sent subpoenas to Sony Music, ASCAP and multiple banks where Kelly held accounts.

Although the landlord collected the money from Kells Bank of America account but now, they're asking the judge to order Sony to release another $50K to settle the debt. 


About The Author
Aron A. is a features editor for HotNewHipHop. Beginning his tenure at HotNewHipHop in July 2017, he has comprehensively documented the biggest stories in the culture over the past few years. Throughout his time, Aron’s helped introduce a number of buzzing up-and-coming artists to our audience, identifying regional trends and highlighting hip-hop from across the globe. As a Canadian-based music journalist, he has also made a concerted effort to put spotlights on artists hailing from North of the border as part of Rise & Grind, the weekly interview series that he created and launched in 2021. Aron also broke a number of stories through his extensive interviews with beloved figures in the culture. These include industry vets (Quality Control co-founder Kevin "Coach K" Lee, Wayno Clark), definitive producers (DJ Paul, Hit-Boy, Zaytoven), cultural disruptors (Soulja Boy), lyrical heavyweights (Pusha T, Styles P, Danny Brown), cultural pioneers (Dapper Dan, Big Daddy Kane), and the next generation of stars (Lil Durk, Latto, Fivio Foreign, Denzel Curry). Aron also penned cover stories with the likes of Rick Ross, Central Cee, Moneybagg Yo, Vince Staples, and Bobby Shmurda.
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