Aretha Franklin was born in Memphis, Tennessee and has an estimated net worth of $60 million dollars. An award-winning singer, songwriter, and pianist, Aretha Franklin was the first female inducted into the Rock and Roll Hall of Fame. She has received 18 Grammy Awards in multiple musical genres, as well as two Honorary Grammys. 45 of her songs have reached the "Top 40" on the Billboard charts, and 20 of them have gone to #1. Most recently, she sang at the inauguration of President Barack Obama.