Babyface's real name is Kenneth Brian Edmonds with a net worth of $170 millin. He was born on April 10, 1958 in Indianapolis, Indiana and is a multi-talented and successful R&B and pop singer … a songwriter … a guitarist … a keyboardist … a record producer … a film producer … and, most importantly, an entrepreneur. He got his nickname when he was still a teenager by funk performer Bootsy Collins. Babyface got his start in the entertainment business when he founded a new record label, LaFace Records in 1989. The company quickly became successful when it started producing albums for such recording artists as Toni Braxton. In fact, she won a Grammy which brought more fame to LaFace Records. While he is a successful singer in his own right, Babyface is better known as a songwriter and producer. His divorce from former wife Tracey Edwards made headlines and reportedly cost Babyface half of his total net worth. His varied interests, however, are such that he can expect to rebuild his personal fortune.