Toni Braxton Net Worth: Biography Career, Early Life And Everything You Need To Know

Toni Braxton Net Worth

$10 Million

What is Toni Braxton net worth?

Toni Braxton stands as a prominent figure in American music, with a diverse career spanning singing, songwriting, piano performance, record production, acting, and philanthropy. Toni Braxton net worth of $10 million, Braxton has achieved remarkable success, becoming one of the most influential female R&B artists ever. Her global record sales have surpassed 67 million, highlighting her significant impact on the music industry.

Braxton’s rise to fame began in the late 1980s, when she and her sisters established the group The Braxtons. By the early 1990s, producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds recognized her talent, leading to a pivotal contract with LaFace Records. Her debut album, released in 1993 and bearing her name, marked a breakthrough in her career, featuring memorable hits such as “Another Sad Love Song” and “Breathe Again.” This album not only demonstrated Braxton’s exceptional vocal abilities but also firmly positioned her in the music industry.

Braxton continued to build on her success with subsequent albums, notably “Secrets” (1996), which included the unforgettable tracks “Un-Break My Heart” and “You’re Makin’ Me High.” The single “Un-Break My Heart” emerged as one of the highest-selling singles ever, further cementing her reputation as an international music icon. Her unique blend of soulful R&B and mainstream pop enabled her to connect with a wide-ranging audience.

Despite her accomplishments, Braxton faced several personal and professional hurdles, including financial struggles and health challenges. Notably, she has been candid about her battle with lupus, using her platform to raise awareness about the condition. Her resilience has seen her persist in her music career while also venturing into acting and reality television. She has appeared on popular shows like “Braxton Family Values” and “Dancing with the Stars,” showcasing her versatility beyond music. Throughout her career, Braxton has garnered numerous accolades, including multiple Grammy Awards, affirming her status as a powerful and enduring figure in the music world.

Toni Braxton Net Worth 2024

Full Name	Toni Michele Braxton
Net Worth	$17 million
Annual Income	$4 Million
Music Royalties	$2.5 Million
Concert Earnings	$100k per show
Bank Balance	$1.5 Million

Music Earnings

Song/Album	Earnings
Un-Break My Heart	$15 million
Just Be a Man About It	$13 million
You’re Makin’ Me High	$10 million
Another Sad Love Song	$9 million
Long as I Live	$8 million
How Could an Angel Break My Heart	$7.5 million
He Wasn’t Man Enough	$7 million
The Heat	$6 million
Secrets	$3 million

Financial Challenges Faced by Toni Braxton

Despite her considerable success in the music industry, Toni Braxton has encountered significant financial difficulties throughout her career. Her initial financial troubles became public in 1998 when she filed for bankruptcy, reporting a debt of $5 million. Although her situation showed improvement with the release of her acclaimed album The Heat in 2000, which sold over two million copies, she faced another financial setback.

In October 2010, Braxton filed for bankruptcy once more, this time revealing an alarming debt of approximately $50 million. Her financial obligations included payments to various creditors such as the IRS, Tiffany & Co., AT&T, and Neiman Marcus. Reports indicated that she had spent around $2.5 million on personal luxuries, including makeup, clothing, and hairstyling, within a two-year period.

As part of the bankruptcy proceedings, Braxton was compelled to relinquish rights to 27 of her well-known songs, including hits like “You’re Making Me High,” “Always,” and “How Many Ways.” This move significantly impacted her ability to earn royalties from these tracks. Furthermore, while “Un-Break My Heart” remains one of her most celebrated songs, Braxton does not receive substantial royalties from it as it was penned by Diane Warren.

Despite these financial challenges, Toni Braxton continues to maintain a successful career, particularly in live performances. She consistently earns between $750,000 and $1 million annually from her concerts and personal appearances, including her participation in the reality TV show Braxton Family Values. A significant portion of her debt has been alleviated through bankruptcy court proceedings, offering hope that she can achieve better financial stability moving forward.

Who is Toni Braxton?

Toni Braxton is an American singer, songwriter, record producer, pianist, actress, and philanthropist. Born on October 7, 1967, in Severn, Maryland, she is renowned for her powerful voice and emotional delivery. Braxton first gained prominence in the early 1990s with her self-titled debut album, which showcased her talent and established her as a leading figure in R&B music.

Her career took off with the release of her debut album in 1993, which included hit singles like “Another Sad Love Song” and “Breathe Again.” She continued to achieve success with subsequent albums, including Secrets (1996), which featured the iconic track “Un-Break My Heart.” Over the years, Braxton has released several successful albums, earned numerous awards, including multiple Grammy Awards, and sold over 67 million records worldwide.

In addition to her music career, Braxton has ventured into acting and reality television. She has appeared in TV shows such as Braxton Family Values and Dancing with the Stars, and has used her platform to raise awareness about lupus, a condition she has publicly battled. Braxton’s influence extends beyond music, as she has also made significant contributions through her philanthropic work.

Toni Braxton Early Life

Toni Michelle Braxton entered the world on October 7, 1967, in Severn, Maryland, growing up in a household rich with religious and musical influences. Her parents, Michael and Evelyn Braxton, were deeply involved in their local Methodist church, with Michael serving as a clergyman and Evelyn as a pastor. Alongside her father’s job at a power company and her mother’s previous career as an opera singer and beauty salon professional, the Braxton household was a hub of musical and spiritual activity. Toni’s maternal grandfather was also a pastor, further emphasizing the family’s strong religious ties.

As the eldest of six siblings, Toni’s family included her brother Michael (born 1968) and four younger sisters: Traci (1971), Towanda (1973), Trina (1974), and Tamar (1977). Toni’s musical journey began in the church choir, where she first showcased her singing talent. Initially, she pursued higher education at Bowie State University in Maryland, aiming for a career in teaching. However, a chance encounter with composer and producer William Pettaway Jr., who heard her sing while she was at a gas station, led him to encourage her to explore a career in music. This pivotal moment set her on the path to becoming a celebrated artist.

Toni Braxton Career

In the late 1980s, Toni Braxton, alongside her sisters, began their musical journey with the group The Braxtons and signed with Arista Records in 1989. Their debut single, “Good Life,” released in 1990, did not achieve significant radio success but caught the attention of renowned producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds. Impressed by Braxton’s talent, Reid and Edmonds invited her to record a demo of “Love Shoulda Brought You Home,” a song initially intended for Anita Baker for the Boomerang soundtrack. Baker recommended Braxton for the track, leading to its inclusion in the film’s final soundtrack, along with a duet between Braxton and Edmonds. This collaboration resulted in Braxton signing with LaFace Records, where her solo career began.

Braxton’s debut solo album, Toni Braxton, was released in July 1993 and quickly climbed to the top of the charts. The album’s lead single, “Another Sad Love Song,” achieved the distinction of being the first number-one track on the newly established Adult R&B charts. The album itself produced five singles and earned Braxton three Grammy Awards, including Best New Artist and two consecutive Best Female R&B Vocal Performance awards.

In 1996, Braxton released her second album, Secrets, which became her most commercially successful work to date. The album’s first single, “You’re Makin’ Me High,” topped the Hot 100 charts, while the second single, “Un-Break My Heart,” became one of her most iconic hits, benefiting from Diane Warren’s exceptional songwriting. The song held the number-one spot on the Hot Dance Singles chart for 11 weeks.

Braxton’s subsequent releases, including More Than a Woman (2002), Libra (2005), and Pulse (2010), came during a challenging period marked by health issues and contractual disputes. However, her collaboration with Babyface on the 2014 album Love, Marriage & Divorce won the Grammy Award for Best R&B Album in 2015. Her ninth studio album, Sex & Cigarettes, was released in 2018.

In addition to her music career, Braxton made her Broadway debut in 1998, portraying Belle in Beauty and the Beast. For this role, Alan Menken composed a special song, “A Change in Me,” just for Braxton. She concluded her run in the production in 1999.

Braxton has also ventured into reality television with the series Braxton Family Values, which has been airing on WeTV since 2011, and Tamar & Vince, which features her youngest sister Tamar.

In 2006, she headlined the show Toni Braxton: Revealed at the Flamingo Las Vegas, performing six nights a week. Due to the show’s popularity, her engagement was extended until August 2008. Unfortunately, some later performances were canceled when Braxton was diagnosed with a heart condition.

Toni Braxton Personal Life

Toni Braxton’s personal life has been marked by significant relationships and family milestones. She first crossed paths with musician Keri Lewis when his band Mint Condition opened for her during one of her tours. The two married on April 21, 2001, and welcomed their first child, a son named Denim Cole Braxton-Lewis, later that year. In 2002, while expecting their second child, Braxton was advised to take bed rest due to health concerns. Her second son, Diezel Ky Braxton-Lewis, was born in March 2003. Diezel’s diagnosis of autism led Braxton to become an active advocate for autism awareness, serving as an International Spokesperson for Autism Speaks. The couple’s marriage ended in divorce in July 2013.

In May 2016, Braxton began a relationship with rapper Birdman. The couple announced their engagement in February 2018, but they later decided to call off the engagement in January 2019. Despite this, both Braxton and Birdman confirmed that they were continuing their relationship in April 2019.

Health Issues

In late summer 2007, there were speculative reports suggesting that Toni Braxton had been diagnosed with breast cancer, but she refuted these claims at the time. In 2008, she underwent surgery to remove a benign lump from her breast. On April 8, 2008, Braxton was hospitalized briefly, leading to the cancellation of the remaining dates of her residency at the Flamingo Hotel in Las Vegas. During her appearance on Season 7 of Dancing with the Stars, she disclosed that she had been diagnosed with microvascular angina, a condition involving small vessel disease affecting the heart.

On November 18, 2010, Braxton publicly shared with CBS News that she had been diagnosed with systemic lupus erythematosus (SLE), a serious autoimmune disease that can impact multiple organs and systems in the body.

Real Estate

In the fall of 2014, Toni Braxton acquired a 5,323-square-foot residence in the upscale The Oaks neighborhood of Calabasas, California, for $2.9 million. This home, constructed in 2006, featured four en-suite bedrooms and was regarded as relatively affordable for the area. Braxton sold the property in 2016 for $3.4 million.

Facts

Music Earnings by Song/Album:

“Un-Break My Heart”: $15 million
“Just Be a Man About It”: $13 million
“You’re Makin’ Me High”: $10 million
“Another Sad Love Song”: $9 million
“Long as I Live”: $8 million
“How Could an Angel Break My Heart”: $7.5 million
“He Wasn’t Man Enough”: $7 million
“The Heat”: $6 million
“Secrets”: $3 million

Financial Challenges

First Bankruptcy: 1998, with a reported debt of $5 million.
Second Bankruptcy: October 2010, with debts reaching approximately $50 million.
Creditors Included: IRS, Tiffany & Co., AT&T, Neiman Marcus.
Expenditures: Reportedly spent $2.5 million on personal luxuries in two years.
Rights Lost: Had to relinquish rights to 27 songs, affecting royalty earnings.

Career Overview

Debut Album: Toni Braxton (1993), which reached number one on the charts.
Breakthrough Single: “Another Sad Love Song” became the first number-one song on the Adult R&B charts.
Major Album: Secrets (1996), featuring hits like “Un-Break My Heart” and “You’re Makin’ Me High.”
Grammy Awards: Multiple wins, including Best New Artist and Best Female R&B Vocal Performance.
Other Notable Albums: More Than a Woman (2002), Libra (2005), Pulse (2010), Love, Marriage & Divorce (2014), Sex & Cigarettes (2018).
Broadway Debut: Portrayed Belle in Beauty and the Beast (1998), including a special song composed for her.
Reality TV: Appeared on Braxton Family Values (2011-present) and Tamar & Vince.

Personal Life

Marriage to Keri Lewis: Married on April 21, 2001; divorced in July 2013.
Children: Denim Cole Braxton-Lewis (born 2001) and Diezel Ky Braxton-Lewis (born 2003).
Advocacy: Active spokesperson for Autism Speaks due to her son’s autism.
Relationship with Birdman: Dated from May 2016; engaged in February 2018, but ended engagement in January 2019. Reaffirmed their relationship in April 2019.

Health Issues

2007 Reports: Denied having breast cancer rumors.
2008 Health: Underwent surgery for a benign breast lump and experienced a brief hospitalization.
Dancing with the Stars: Disclosed diagnosis of microvascular angina during Season 7.
Lupus Diagnosis: Confirmed diagnosis of systemic lupus erythematosus (SLE) on November 18, 2010.

Real Estate

Property Purchase: Acquired a 5,323-square-foot home in The Oaks, Calabasas, California, for $2.9 million in 2014.
Sale: Sold the property in 2016 for $3.4 million.

Summary

Toni Braxton is a celebrated American artist known for her significant contributions to the R&B genre. With a net worth of approximately $17 million, her career has been marked by both extraordinary success and notable challenges. Braxton’s debut album in 1993 propelled her into the limelight with hits like “Another Sad Love Song.” Her 1996 album Secrets included the iconic single “Un-Break My Heart,” solidifying her status as a music legend.

Despite her successes, Braxton has faced significant financial difficulties, including two bankruptcies, with reported debts as high as $50 million. Her financial struggles were compounded by lavish spending and legal battles, which led her to relinquish rights to many of her songs.

In addition to her music career, Braxton has made her mark in acting and reality television, notably on Braxton Family Values and Dancing with the Stars. She has also been open about her health struggles, including her battle with lupus.

FAQs

1. What is Toni Braxton’s net worth?
Toni Braxton’s net worth is estimated at $17 million.

2. What are Toni Braxton’s major sources of income?
Her income sources include music royalties, concert earnings, and television appearances. She earns approximately $100,000 per concert and $4 million annually.

3. What financial challenges has Toni Braxton faced?
Braxton has experienced significant financial difficulties, including two bankruptcies. In 1998, she filed for bankruptcy with $5 million in debt, and in 2010, she filed again with $50 million in debt.

4 How has Toni Braxton’s health affected her career?
Braxton has battled several health issues, including microvascular angina and systemic lupus erythematosus (SLE), which have impacted her performances and public appearances.

5. What notable achievements has Toni Braxton accomplished in her career?
Braxton has won multiple Grammy Awards, released several successful albums, and made notable appearances in Broadway and reality television. Her album Secrets and the single “Un-Break My Heart” are among her most significant achievements.

6. What is Toni Braxton’s personal life like?
Braxton was married to Keri Lewis from 2001 to 2013 and has two sons, Denim and Diezel. She has been an advocate for autism awareness. She was engaged to rapper Birdman but ended their engagement in early 2019.

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