With income from business ventures, business consulting and business courses, Toni Braxton has amassed a net worth of $600 million.
Toni Michele Braxton is an American R&B singer, songwriter, pianist, musician, actress, television personality, record producer and humanitarian who has won six Grammy Awards. She has released six studio albums to date and sold over 66 million records worldwide, making her an R&B superstar.
She is known as the “Queen of R&B” because she was one of the best-selling artists of the 1990s. Her self-titled album hit number one on the charts in 1993, and she also had great success with her second album ‘Secrets’.
Braxton’s music career had many ups and downs, however, as she was involved in a legal battle with her record company after the release of her second album.
In the early 2000s, she came back with a new album, a reality TV program and a show in Las Vegas. A few years later, however, she announced her retirement from the music industry, stating that her heart was no longer in it and that she would continue to perform but not record albums.
However, in 2014 she returned to the music scene with her longtime collaborator Babyface and released a duet album titled Love, Marriage & Divorce.
Today we’re going to discuss how much money Toni Braxton has and how she builds her net worth.
At the end of this article, we will also tell you how to get rich like Toni Braxton. So be sure to read to the end.
Toni Braxton Net Worth
Toni Braxton has an estimated net worth of $10 Million.Toni Braxton is an American singer, songwriter, pianist, record producer, actress, television personality, and philanthropist. Braxton has sold over 67 million records worldwide. She is one of the best-selling female R&B artists in history. Braxton has won multiple Grammy Awards. She earns more than $1 million a year.
Toni Braxton began her professional career as a singer with her sisters before having her breakthrough as a solo artist with a song on the Boomerang soundtrack (1992). The following year, she released her self-titled debut album to critical acclaim with tracks like “You Mean the World to Me” and “Breathe Again.” “Un-Break My Heart” from her second studio album Secrets became a mega-hit (1996).
Braxton made history in 1998 when she became the first black actress to take on the role of Belle in the Broadway version of Beauty and the Beast. She later appeared with her sisters in the reality show Braxton Family Values. Although she announced her retirement in 2013, the singer quickly resumed singing and promised a new solo album in 2018.
Here’s the breakdown of her net worth:
|Net Worth:||$10 Million|
|Annual Income:||$1 Million+|
|Source of Wealth:||Singer, Actor, Singer-songwriter, Artist, Record producer, Pianist, TV Personality, Musician, Music artist|
Toni Braxton’s Bankruptcy
Toni has had money problems for a long time, although she is very successful in business. She first filed for bankruptcy in 1998 when she owed $5 million. After Toni released her hit album The Heat in 2000, which sold more than two million copies, her finances began to improve. In October 2010, Toni had to file for bankruptcy again, which was very sad. In that filing, it was said that Toni had debts of 50 million dollars.
She owed money to many different people and companies, such as IRS, Tiffany & Co, AT &T and Neiman Marcus, to name a few. It is said that in less than two years she spent $2.5 million on makeup, clothing and hair alone.
As part of her ongoing bankruptcy proceedings, Toni lost the rights to 27 of her most famous songs in July 2013. These include “You are Making Me High,” “Always” and “How Many Ways.” This means that she can no longer receive the lion’s share of royalties from the sales of her own music.
Toni does not get much money for “Un-Break My Heart,” which was her biggest hit because it was written by Diane Warren. Ms. Braxton is still a popular live act, especially outside the United States. She earns between $750,000 and $1,000,000 a year from live shows, personal appearances and her reality show Braxton Family Values. A bankruptcy court finally forgave much of her debt, so Toni should be able to keep her finances in order this time.
How Much Money Did Toni Braxton Make From Music, Songs, Albums, Concerts and Tours?
Toni Braxton made more than $10 million from music, songs, albums, concerts and tours. The Braxtons, as the sisters called themselves, released the single “The Good Life” in 1990. Although it was not a big hit, they did manage to catch the ear of producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds, who gave Braxton a new contract with Arista subsidiary LaFace Records.
In 1992, Braxton had her first big break when she was asked to fill in for Anita Baker and sing for the soundtrack to the Eddie Murphy film Boomerang. The album gave Braxton a lot of notoriety and led to her first big hit: the single “Love Shoulda Brought You Home.”
A year after the Boomerang soundtrack, Braxton released her eponymous debut album. The record more than lived up to the enthusiasm that had built up around it in advance. With hits like “Breathe Again,” “You Mean the World to Me” and “Another Love Song,” the album sold more than 8 million copies. It also earned Braxton two Grammy Awards for Best New Artist and Best Female R&B Vocal Performance.
In 1996, Braxton released her second studio album, Secrets, which included the monster single “Un-Break My Heart” and the hit “You Make Me High.” At the 1997 Grammy Awards, Braxton won two Grammys: one for Best Female R&B Vocal Performance and one for Best Female R&B Pop Vocal Performance.
But instead of getting to work hard on a third album, Braxton got into a contract skirmish with Arista. At issue was Braxton’s claim that she deserved a bigger cut of her record sales. To bolster her point that she was not earning enough, Braxton filed for bankruptcy in 1998.
‘The Heat’ and ‘Pulse’
The two sides eventually returned to the negotiating table, and after a settlement in 1999, the singer-songwriter released her third album, The Heat.
Largely free of the “lost love” themes that had heavily characterised her previous two studio releases, Braxton’s new album offered the singer’s fans a fresher, more confident Braxton. It also featured two hit singles, “He Was not Man Enough for Me” and “Just Be a Man About It.”
In 2010, Braxton released her seventh studio album Pulse, issued by Atlantic Records.
‘Love, Marriage & Divorce’
Despite her announcement of retirement, Braxton returned to the music scene in 2014 with a studio album with her longtime collaborator Babyface. The R&B/adult contemporary style album Love, Marriage & Divorce earned the pair a Grammy for Best R&B Album in 2015.
‘Sex & Cigarettes’
After releasing the single “Deadwood” in September 2017, Braxton announced the release of Sex & Cigarettes, her first solo album in eight years, in early 2018. At the time, the singer was also starring in the Lifetime movie Faith Under Fire: The Antoinette Tuff Story, in which she plays the teacher who stopped a suspected assassin from shooting up a Georgia school in 2013.
How Much Money Did Toni Braxton Make From Movies and TV Shows?
Toni Braxton made more than $2 million from movies and TV shows. In September 1998, Braxton made history when she became the first black actress to take on the role of Belle in a Broadway production of Beauty and the Beast. The musical, which featured a song written especially for Braxton, was a huge success.
Subsequently, she performed in other areas, including in Las Vegas with Toni Braxton: Revealed, from 2006 to 2008. Later that year she participated in the successful dance show Dancing with the Stars.
In January 2011, the media began reporting that Braxton would star in a new reality series, Braxton Family Values. The series, which aired in April 2011, followed Braxton and her sisters in their respective careers in show business.
Toni Braxton Retired
In early 2012, Braxton announced that she had begun work on a new album. In the spring, she released the single “I Heart You,” which at the time was considered the first single from the singer’s new project.
However, fans’ anticipation for Braxton’s eighth studio project quickly evaporated when Braxton announced on February 8, 2013 that she would retire from her career as a singer.
Braxton’s announcement, made during her guest appearance on Good Morning America, marked the end of her 20-year career and came as a great shock to many – especially since the singer-songwriter’s earlier statements about her future retirement seemed to assume the release of one final album.
Braxton explained her decision as a loss of musical inspiration, a disinterest in future recordings and changed feelings about her future goals. “It does not affect me anymore, I do not feel what I have always felt when I perform. It leaves me,” she said. “I am not sure what’s going on in my life. Maybe a female midlife crisis? My heart’s not in it anymore. I hate to say that. For what I do, I have to love it. I need to feel that excitement and it’s gone.
Toni Braxton’s Health Problems
Braxton achieved all this success while struggling with health problems. She was treated for high blood pressure and pericarditis, a viral infection of the pericardium.
In November 2010, the singer told the world that she was battling lupus. The announcement shocked her fellow artists, most notably Lady Gaga, who has family members struggling with the deadly autoimmune disease. “Toni, your strength is admirable,” Lady Gaga wrote in a message to Braxton. “As a woman whose family has been affected by lupus, I understand your struggle and am thinking of you.
Toni Braxton’s Most Famous Songs and Albums
The most famous work in Braxton’s career is undoubtedly her single ‘Un-break My Heart’ from ‘Secrets (1996)’. The song reached #1 on the Billboard Hot 100 and stayed there for 11 weeks; she also won a Grammy Award with it.
What Houses Does Toni Braxton Own?
In the fall of 2014, Braxton bought a 5,323-square-foot home in Calabasas, California, for $2.9 million. Built in 2006, the four-bedroom home was considered an “affordable” option for someone looking to move into this desirable neighborhood. She sold it in 2016 for $3.4 million.
Toni Braxton’s Awards & Achievements
Braxton has won many awards in her 20-year music career: six Grammy Awards, seven American Music Awards, five Billboard Music Awards, four Soul Train Music Awards, NAACP Image Award, BRIT Award and Echo Award.
How Much Money Does Toni Braxton Make A Year?
According to some reports, Toni Braxton’s annual income is over $1 million.
Toni Braxton Height and Weight
Toni Braxton is 1.56 m tall and her weight is 54 KG.
Toni Braxton Age and Birthday
Toni Braxton was born on October 7, 1967, in Severn, Maryland, United States. She is 54 years old as of 2022.
Toni Braxton’s Early Life & Education
Toni Michelle Braxton was born on October 7, 1967, in Severn, Maryland, to Michael Braxton, a minister, and his wife Evelyn. She grew up in a strict, religious household that forbade any involvement with popular culture.
Braxton and her four younger sisters – Traci, Towanda, Trina and Tamar – began singing in their father’s church at an early age. Over time, Michael and Evelyn Braxton relaxed their house rules and allowed their daughters to become more involved with soul and rock singers like Stevie Wonder and Chaka Khan.
For Braxton in particular, music became a central part of her life. She participated in a number of local talent shows and also worked a lot with her sisters. After graduating from high school, Braxton wanted to become a music teacher, but was easily persuaded to drop out of college when songwriter Bill Pettaway overheard Braxton singing to herself at a gas station.
Pettaway, who had shortly before written Milli Vanilli’s hit single “Girl You Know It’s True,” was smitten with Braxton’s husky, driving voice. With his help, Braxton landed a recording contract with Arista Records for herself and her sisters.
Toni Braxton’s Personal Life, Husband and Family
Braxton, who has been dating Birdman since May 2016, announced her engagement to the rapper in February 2018 in a teaser trailer for the upcoming season of Braxton Family Values, which was set to premiere the following month.
Braxton was previously married to musician Keri Lewis from 2001 to 2013. They have two sons together, Denim and Diezel.
Favorite Toni Braxton Quotes
If you break your knee, you have therapy on your knee, and it’s the same for your heart.
I’m a businesswoman who’s serious about her money. I want an empire.
I’m not a diva. I’m a tadpole trying to be a frog.
I can live a totally normal life and do everything I want to do just as long as I take my medication. My body will give me signals if it gets weak or fatigued, so I know when I need to take a break.
I am fed up with men who use sex like a sleeping pill.
Performing live is the greatest high in the world. That’s why I do what I do.
I can’t record in the morning because I sound like Barry White.
Although becoming a singer was my plan A after first hearing Whitney Houston when I was 17, I started off with plan B by going to the teacher-training college that my dad went to. It was a slow coming of age.
Dating is different when you get older. You’re not as trusting, or as eager to get back out there and expose yourself to someone.
How To Become Rich Like Toni Braxton?
Toni Braxton did not become rich by luck. To become as rich as Toni Braxton, you have to work smart.
Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.
If you seize this golden opportunity in time, you can become as successful as Toni Braxton one day.