Most of us dream of living in a posh penthouse duplex and having a farmhouse with a temperature-controlled indoor swimming pool. We imagine going to galas, owning lots of shoes and dresses, meeting different people. We imagine visiting fancy restaurants every other day, ordering the best wine in the world, and having candlelight dinner on a private yacht. Now the question is, how many of us can actually have that? Most of us cannot fulfil that dream. And, those people who achieve great things, earn enough money, and build a life of luxury became curious subjects. One such person that we are going to talk about today is Toni Braxton. Toni Braxton is a face that people cannot miss today. She is a star who appears in newspapers and magazines every now and then. Her rise from a humble family to a rich singer is inspiring and people often ponder on what her assets might be. Let us investigate what Toni Braxton’s net worth is and the journey that has led her to carve out who she is today.
Toni Braxton’s Net Worth – What does the figure look like?
Toni Braxton is one of the most popular singers in the United States of America. Her albums are not only popular in her country but around the world as well. Toni Braxton has sold several albums so far and if you know the number, you might be shocked. In the USA, she has sold 41 million copies of all her albums combined. The numbers do not stop here. If you consider the international market too, then the total number of copies of albums sold is 67 million. Now that’s a number that cannot be overtaken easily. This report often provokes her fans and critics to wonder what her net worth might be. You may have already started guessing and you must be guessing at least around 50 million dollars. It is not that high, to be honest. At present, Toni Braxton has a net worth amounting to 14 million dollars. Considering the albums she sold, she should have had more. Let us see what led to this net worth of hers.
Toni Braxton – The Beginning
Toni Braxton was born in a religious family in Severn, Maryland. Born on 7 October 1967, Toni Braxton was the eldest child and was exposed to Methodism from an early age. Her father was a noble clergyman who introduced Toni to the teachings of God and helped in grooming her character. Her mother helped her to explore the world of music being into opera singing. This allowed Toni to pursue singing from an early age and think of taking it up as a career in the long run.
Toni Braxton had a beautiful voice and he got her first opportunity to sing at the church choir when she was in school. Singing at the church improved her vocal abilities and helped her associate with the world of music even more. After graduating from high school, Toni Braxton joined Bowie State University and chose teaching as her major area of study. Though she was passionate about singing, she was keeping her options open in case music did not work out for her. She started performing at local concerts and received positive responses; but, in order to step into the limelight, she needed better opportunities. The doors opened when she was heard singing by Willam E. Pettaway Jr. who had witnessed her talent before and was ready to produce her as a professional singer.
Toni Braxton had a family who supported her passion for music. Her initial days started in a group that consisted of Toni Braxton and her four sisters; hence, the group was called “The Braxtons”. The five young girls with fresh dreams started doing well in the late 1980s and got the offer to join Arista Records in 1989. This contract gave them the push and they used this opportunity to release their first single titled, “Good Life”. This new single did not create as much hype as they had expected in 1990. However, it was not a bad start either because Toni Braxton came into the limelight herself. She was offered the song, “Love Shoulda Brought You Home”, by Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds.
After this success, Toni Braxton started working on music with more passion. She devoted her time to writing songs for her debut album and was offered a contract with LaFace Records. The recording was completed in 1993 and the album was launched on 13 July in the same year. The producers and Toni Braxton were expecting the album titled “Toni Braxton” to be a success but they did not imagine the album to receive a platinum rating. More than 10 million copies of the album were sold and Toni Braxton made a lot of money out of it. The sale associated with this album was also because of the ratings given by critics. Getting featured as number one on the chart of Billboard 200 was also a major reason for its popularity. This album won Toni Braxton a Grammy Award and many more prestigious awards.
The next album in line was named “Secrets” and it was released in the year 1996. In terms of Toni Braxton’s success, this was the highest peak in her musical career. This album showcased her vocal abilities to the fullest and helped her win multiple accolades. The reviews were fantastic and, this time, even the common people could associate with the album. This is because “Secrets” was written emphasizing the emotions of people. The album was a reflection of what people feel and, thus, this boosted the sales. Now the question is, despite selling 20 million copies, why does Toni Braxton have a net worth of 14 million dollars?
Toni Braxton – The Financial Battle
Toni Braxton faced a severe downfall after the release of “Secrets” in terms of financial gains. This album had sold over 20 million copies worldwide. However, Toni Braxton claimed that the share of the profit that was supposed to be hers was still pending. When she talked to her recording studio and the producers asking them to pay her share of the profit made, they did not pay heed to her words. Thus, she filed a case against them and sued them for forfeiting her money. This created a rigorous battle in court and this did not favour Toni Braxton. She not only lost the case and her share of profit but also the copyright of her albums. She even had to return the Grammy Awards that she had previously earned along with many valuable assets. This is the reason she was bankrupt and her net worth decreased drastically.
Toni Braxton is not a quitter. She knows how to fight back and compose music that would touch hearts and souls. She has continued to work her way up the ladder and she is quite successful today. She has worked with Disney on their broadway shows, been cast as a judge in the popular music show, The Voice, acted in several movies, performed in concerts, worked as an influencer with big brands, and more. This attitude of hers that does not allow her to give up has inspired her fans always. Thus, even though Toni Braxton’s net worth stands at 12 million dollars today, she worth is far more than that in the eyes of the beholders.