The 7 times Grammy Award winner Toni Braxton is an American singer, songwriter, actress, and philanthropist. Professional since 1989, Braxton has released hit songs like You're Making Me High, Always, How Many Ways and Un-Break My Heart earning her massive million dollars fortune.
As of 2022, Braxton owns the net worth of around $10 million; the credit goes to her album sales, tours & endorsements.
Till date, the American singer has released 8 studio albums including the highest-selling Secrets with over 15 million records. Well, Braxton has sold over 67 million records, including 41 million albums worldwide throughout her career.
According to Celebrity Net Worth, Toni Braxton has an estimated net worth of around $10 million as of June 2022. Back in 1998 and 2010, she underwent bankruptcy but recovered with her successful career push-ups.
Well, her career started after being discovered by William E. Pettaway Jr., and she formed an American musical quintet The Braxtons including her 4 sisters: Traci, Towanda, Trina, and Tamar.
In 1989, Braxton along with her sisters signed to Arista-distributed imprint, LaFace Records.
Following the release of the hit single Good Life with The Braxtons, Toni started her solo career and released her debut album Toni Braxton on July 13, 1993, which peaked at number one on the U.S. Billboard 200 albums chart.
Even though Toni had few disputes with LaFace and Artista Records in 1997 following release of the album Secrets, which even led to failed lawsuits, it settled down later for good.
In March 2000, she signed a $20 million deal with LaFace and Artista Records and released 6 albums later, totaling 8 studio albums till date.
For a fact, the American singer is considered one of the best-selling R&B female artists with over 67 million records sold including 41 million albums worldwide.
Some of her hit songs include Another Sad Love Song, You're Makin' Me High/Let It Flow, Un-Break My Heart, He Wasn't Man Enough and many more, that earned most acclaimed accolades:
Apart from music, she also gained success in TV career and appears in Braxton Family Values since 2011.
As reported, Toni Braxton earns the salary between $750,000-$1 million per year.
Most often her fortune is compared with other American singers like Sunny Ozell ($70 million), Demi Lovato ($33 million) and Jennifer Hudson ($20 million).
Check out Toni's albums sales & earnings from it:
|Toni Braxton (1993)||10 million copies||$11.2 million|
|Secrets (1996)||15 million copies||$17.3 million|
|The Heat (2000)||2.2 million copies||$2.5 million|
|Love, Marriage & Divorce (2014)||121,000||$125,000|
As reported, back in 2013, her Summer Tour earned her $91,503.
After nearly two decades, Toni made her comeback at the AMAs stage in 2019. The appearance marks her 25th anniversary since her last performance and award win at the American Music Awards.
Well, the singer performed the rendition of her hit song Un-Break My Heart on Sunday night at the Microsoft Theater situated in Los Angeles.
As a famous music figure, Toni Braxton probably makes a huge sum from brands endorsements. Though, the details on her sponsorship deals or earnings from endorsements are yet to be out.
Well, Toni is an avid user of Instagram and Twitter with over 3 million followers and 1.7 million followers as of July 2019.
As per Influencer Marketing Hub, she can sum up to $5,965-$9,942 per sponsored post via Instagram.
Also, Braxton is an active charity worker and attends many fundraising events. Back in 2011, she took part in second annual Lindt Gold Bunny Celebrity Auction which aims to benefit the non-profit organization Autism Speaks.
Reportedly, the charity auction raised the fund of $10,000.
Toni Braxton has associations with many non-profit organizations like the American Heart Association, American Stroke Association, Autism Speaks, Children's Cancer & Blood Foundation, Lupus LA and The Help Group.
Currently, Toni Braxton lives in her house in Calabasas, California, but the worth of her residence is not disclosed. For a fact, the median house price in Calabasas, CA is around $1.138 million.
Back in January 2016, she listed her another Calabasas house for sale asking $3.495 million.
The property spread on 5,323 sq. ft. featured 4 bedrooms and 4.5 bathrooms, which she had bought in 2014 for $2.9 million.
However, to date, no report on the sales of the asset is out.
Furthermore, Toni also owns a collection of luxury cars including a 2017 Bentley Bentayga Suv worth around $240,000.
Some of other expensive assets collection include:
Surely, the American singer cum actress lives a lavish lifestyle and does have huge expenses as well. Alongside expenditure on daily life luxury, she spends on costly clothes, travels & accommodations.
On July 12, 2019, Toni Braxton revealed that her jewelry worth $2.5 million was stolen from her carry-on-luggage after she forgot it landing in L.A.
In the jury, she testified that along with her engagement ring from Birdman, worth $1 million, the singer cum actress lost 4 expensive watches- including 2 Rolex and 2 pairs of vintage earnings.
Sources report that a guy from the airport cleaning service is on the trial for the accusation of theft, though the further report is yet to be out.
As an American citizen, Toni Braxton surely has to pay property and income tax. Since she is living in Calabasas, Braxton has to pay 0.793% of her house's assessed value as property tax, along with an insurance premium of $800 per year.
On the other hand, her income of $1 million calls on $468,500 as income tax, inclusive of Federal tax, FICA & State tax.
Well, regarding the issues on back-taxes Toni has been in the headlines quite often. Back in 2018, the State of California filed tax liens against Braxton claiming an unpaid $780,808.29 in back taxes.
As per the report of June 2019 from The Blast, the Internal Revenue Service, on December 24, 2018, filed a lien against the American singer for $340,252.99 in back taxes for 2017.
Moreover, a few days later, the State of California Franchise Tax Board hit her with another $116,154.64 unpaid tax; the total amount of lien being $456,407.63.
Reportedly, she is warned to pay taxes as soon as possible, either will have her property seized.
Did you know? After her show Toni Braxton: Revealed was canceled in 2008, Lloyd's of London, an insurance agency refused to insure her. The insurance was projected to compensate a value of $2.8 million upon the policy purchased by Braxton for $70,000.
Even though Toni Braxton makes highlight making huge expenditures these days, for once, she nearly collapsed with bankruptcy.
Till date, Toni has filed for bankruptcy 2 times (in 1998 and in 2010), claiming a debt of $5 million and $50 million respectively, according to Celebrity Net Worth. In the filing, Braxton stated that her bills on makeup, clothing, and hair alone in just 2 years was $2.5 million.
As a result, she lost share from her royalties from her music sales to cover up her debt. Moreover, Toni's lost rights from 27 songs including the hits like You're Making Me High, Always, How Many Ways and Un-Break My Heart.
Eventually, in 2014, the federal court judge reported her discharge from debts.
Born on October 7, 1966, in Severn, Maryland, the USA, Toni Braxton's birth name is Toni Michelle Braxton. Her father Michael Conrad Braxton Sr. was a Methodist & power company worker while mother Evelyn Jackson was a former opera singer and cosmetologist.
Well, Braxton is the eldest of 6 children, has a brother named
Michael Jr. (born in 1968) and 4 sisters: Traci Renee (born in 1971), Towanda Chloe (1973), Trina Evette (1974), and Tamar Estine (1977).
In order to obtain a teacher's degree, she attended Bowie State University but later went to pursue a singing career.
Toni holds American nationality and is of African-American ethnicity. As of June 2022, her age is 54 and has a height of 5 ft. 2 inches (157 cm).
Well, Toni Braxton was once a married woman and enjoyed a blissful relationship with then-husband Keri Lewis, an American singer-songwriter.
The duo started dating in 2000 and married on April 21, 2001.
Even more, welcomed 2 children: Denim Cole Braxton-Lewis (born on December 2, 2001) and Diezel Ky Braxton-Lewis (born on March 31, 2003).
For a fact, her youngest son Diesel has autism.
However, after 12 years of marriage, she and Keri divorced on July 24, 2013.
After her divorce, Braxton started dating rapper Birdman in May 2016 and later got engaged with her boyfriend in February 2018.
Even though, they were rumored to have broken-up in January 2019, calling off the engagement, Toni and Keri confirmed that they are together in April 2019.
Back in 2007, the rumors regarding Toni's diagnosis with breast cancer came up which turned to be false. Later in 2008, she underwent surgery to have the benign lump removed from her breast.
As for a fact, the American singer is diagnosed with a potentially life-threatening autoimmune disease called systemic lupus erythematosus (SLE), which she stated on CBS on November 18, 2010.