Toni Braxton Net Worth

How much is Toni Braxton Worth?

in Richest CelebritiesSingers
Toni Braxton Net Worth:
$10 Million

Toni Braxton net worth: Toni Braxton is an American singer, songwriter, pianist, record producer, actress, television personality, and philanthropist who has a net worth of $10 million dollars. Braxton has sold over 67 million records worldwide, including 41 million albums. She is one of the highest-selling female R&B artists in history. Braxton has won multiple Grammy Awards.

Early Life: Toni Michelle Braxton was born on October 7, 1967, in Severn, Maryland. Her father Michael was a Methodist clergyman as well as a power company worker. Her mother, Evelyn, was a former opera singer, cosmetologist, and pastor. Braxton's maternal grandfather was also a pastor. Toni is the eldest of six siblings. She has a younger brother Michael Jr. (born 1968) and four younger sisters, Traci  (born 1971), Towanda (born 1973), Trina (born 1974), and Tamar (born 1977). They were raised in a strict religious household, and Braxton's first performing experience was singing in her church choir.  Braxton attended Bowie State University to obtain a teaching degree but decided to sing professionally after she was discovered by William E. Pettaway Jr., who reportedly heard her singing to herself while pumping gas.

Career: Braxton and her four sisters began performing as The Braxtons in the late 1980s and were signed to Arista Records in 1989. Their first single, "Good Life," was released in 1990. Though the song was not successful, it attracted the attention of Antonio "L.A." Reid and Kenneth "Babyface" Edmonds. Reid and Babyface recruited Toni to record a demo of "Love Shoulda Brought You Home," a song that they had written for Anita Baker for the soundtrack of Eddie Murphy's film, Boomerang. Baker, who was pregnant at the time,  suggested that Braxton record it. Her recording was later included on the soundtrack along with "Give U My Heart," a duet by Braxton and Babyface. Braxton was signed to Reid and Edmonds' Arista-distributed imprint, LaFace Records, and immediately began recording her solo debut album.

On July 13, 1993, LaFace Records released Braxton's self-titled debut album, Toni Braxton. The album peaked at number one on the U.S. Billboard 200 albums chart. The first single, "Another Sad Love Song," peaked at number seven and number two on the Billboard Hot 100 and R&B Singles charts, respectively. The song was also the very first #1 song on the newly created Adult R&B Charts. The album's second single, "Breathe Again," peaked in the top five of both the Hot 100 and R&B singles charts and #2 in the UK. Toni Braxton released more singles in 1994, including "You Mean the World to Me,"  "Seven Whole Days," and "I Belong to You/How Many Ways." Braxton's debut album won three Grammy Awards (for Best New Artist and two consecutive awards for Best Female R&B Vocal Performance in 1994 and 1995). She won two American Music Awards (for Favorite Soul/R&B New Artist and Favorite New Adult Contemporary Artist) in 1994 and another one in 1995 (for Favorite Soul/R&B Album.

In June 1996, Braxton released her second and most successful album, Secrets. Braxton said of the album: "The motivation for this album was to include a little bit of everything. Our aim was to come up with material that would have a familiar 'feel' to the people who bought the first album without being musically redundant. The album's first single, "You're Makin' Me High," became Braxton's first #1 hit on the Hot 100 singles chart. The album peaked at #2 on the Billboard 200 albums chart. "You're Makin' Me High" also topped the R&B singles chart for two weeks.  The album's second single, "Un-Break My Heart," written and composed by hit songwriter Diane Warren, became the biggest hit of Braxton's career, spending 11 consecutive weeks at #1 on the Hot 100 and also topping the Hot Dance Singles Sales chart for 11 weeks and the Hot Dance Music/Club Play chart for four weeks as well as reaching #2 in the U.K.

Braxton's subsequent studio albums, More Than a Woman (2002), Libra (2005), and Pulse (2010), were released amid contract disputes and health issues. In 2014, Braxton and Babyface released a duet album entitled Love, Marriage & Divorce that earned them a Grammy Award for Best R&B Album in 2015. In 2018, Braxton released her ninth studio album, Sex & Cigarettes.

Braxton made her Broadway debut as Belle in Beauty and the Beast beginning September 9, 1998. During her run in the show, Alan Menken wrote and composed a new song for the musical, titled "A Change in Me", which he specially wrote and composed for Braxton and which was still being used in the musical as of late July 2014.  She left the production on February 28, 1999.

She has executive produced and starred in Braxton Family Values, a reality television series that has aired on WeTV since 2011. Braxton is also an executive producer of Tamar & Vince, a spinoff reality TV series starring her younger sister, Tamar.

Matt Winkelmeyer/Getty Images

Personal Life: Toni Braxton met musician Keri Lewis when his group Mint Condition opened for her on tour. They married on April 21, 2001. That same year, she gave birth to their son Denim Cole Braxton-Lewis. In 2002, she got pregnant with her second child and was confined to bed rest. Her second son, Diezel Ky Braxton-Lewis was born in March 2003. Diezel is autistic and Toni is involved with Autism Speaks as their International Spokesperson. Braxton and Lewis divorced in July 2013.

Braxton started dating rapper Birdman in May 2016. They announced their engagement in February 2018. In January 2019, the couple called off the engagement. However, in April 2019, both Braxton and Birdman confirmed that they were still together.

Health Issues: In late summer 2007, rumors started to circulate that Braxton had been diagnosed with breast cancer. She denied it at the time. In 2008, she had a benign lump removed from her breast. On April 8, 2008, Braxton was briefly hospitalized and the remaining dates on her Flamingo Hotel Las Vegas residency were canceled. Later, while appearing on Season 7 of Dancing with the Stars, she stated that she had been diagnosed with microvascular angina (small vessel disease).

On November 18, 2010, Braxton revealed to CBS News that she had been diagnosed with systemic lupus erythematosus (SLE), a potentially life-threatening autoimmune disease.

Toni Braxton Bankruptcy and Money Issues: Despite all of her commercial success, Toni has had a long history of money problems. She first filed for bankruptcy in 1998, at which time she was $5 million in debt. Her financial situation showed some signs of recovery after Toni released her hit album The Heat in 2000, which went on to sell over two million copies. Unfortunately, Toni was forced to file for bankruptcy again in October 2010. In this filing, Toni was reportedly as much as $50 million in debt. She owed money to a wide range of creditors including the IRS, Tiffany & Co, AT&T, and Neiman Marcus, just to name a few. She reportedly spent $2.5 million on makeup, clothing, and hair alone in under two years. In July 2013, Toni lost the rights to 27 of her most famous songs, including "You're Making Me High", "Always" and "How Many Ways" as part of her ongoing bankruptcy case. That means she is no longer eligible to receive the lion's share of royalties from the sales of her own music. Toni also does not receive significant royalties from her biggest hit "Un-Break My Heart" because it was actually written by Diane Warren. Fortunately, Ms. Braxton is still a popular live act, especially overseas. She comfortably earns between $750,000 and $1 million per year from live shows and personal appearances, including her reality show Braxton Family Values. Eventually, a bankruptcy court wiped away a good chunk of her debt, so hopefully, Toni can keep her finances clean this time around.

Real Estate: In the fall of 2014, Braxton bought a 5,323-square-foot home in The Oaks neighborhood of Calabasas, California for $2.9 million. Built in 2006, the four en-suite bedroom home was considered an "affordable" home for someone looking to move into this coveted neighborhood. She sold it in 2016 for $3.4 million.

Toni Braxton Net Worth

Toni Braxton

Net Worth:$10 Million
Date of Birth:Oct 7, 1967 (52 years old)
Gender:Female
Height:5 ft 1 in (1.562 m)
Profession:Singer, Actor, Singer-songwriter, Artist, Record producer, Pianist, TV Personality, Musician, Music artist
Nationality:United States of America
Last Updated:2020
All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction
Discussion