Toni Braxton Net Worth

$10 Million

Toni Braxton’s Net Worth

Toni Braxton, an acclaimed American singer, songwriter, pianist, record producer, actress, television personality, and philanthropist, boasts a net worth of $10 million. Renowned as one of the top-selling female R&B artists of all time, Braxton has achieved remarkable success with over 67 million records sold globally.

Her rise to fame began in the late 1980s when she and her sisters formed the group The Braxtons. In the early 1990s, producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds discovered her, leading to a recording contract with LaFace Records. Her debut album, Toni Braxton (1993), was a major hit, featuring chart-topping singles like “Another Sad Love Song” and “Breathe Again.” This album not only highlighted her exceptional vocal talent but also established her prominence in the music industry.

Braxton continued her success with subsequent albums such as Secrets (1996), which included the blockbuster single “Un-Break My Heart” and “You’re Makin’ Me High.” “Un-Break My Heart” became one of the most successful singles ever, securing her position as a global music sensation. Her ability to merge soulful R&B with mainstream pop resonated with a wide audience.

Despite her accomplishments, Braxton’s journey included challenges like financial difficulties and health issues, including a public battle with lupus. Toni Braxton has been candid about her health struggles, using her public platform to advocate for awareness and understanding of her condition. Despite these challenges, she has continued to thrive in her music career, performing extensively and branching into acting and reality television. Braxton has appeared on popular shows such as Braxton Family Values and Dancing with the Stars. Her career is highlighted by numerous accolades, including multiple Grammy Awards, affirming her status as a significant and lasting presence in the music industry.

Toni Braxton Wiki

Who Is Toni Braxton?

Toni Braxton, born on October 7, 1967, stands as a formidable presence in the entertainment industry, showcasing her talents across a range of disciplines including music, acting, and television hosting. Emerging as a prominent R&B artist in the 1990s, Braxton captivated audiences with her soulful voice and chart-topping albums.

Her influence extends well beyond the realm of music. Braxton has made significant contributions to television, both as a producer behind the scenes and as a performer in front of the camera. She has graced the stage on popular shows like Dancing with the Stars and offered an intimate look into her life through the reality series Braxton Family Values.

Despite facing personal challenges, such as health issues and financial setbacks, Braxton’s unwavering resilience and exceptional talent have solidified her status as a legendary figure in the entertainment world, inspiring fans worldwide with her enduring impact.

Toni Braxton Biography

Toni Michelle Braxton entered the world on October 7, 1967, in Severn, Maryland, growing up in a household where music and spirituality played pivotal roles. Her father, Michael, was a Methodist minister and also worked for the power company, while her mother, Evelyn, was a gospel singer and hairdresser. Evelyn’s passion for music greatly influenced Toni, who grew up in a household deeply rooted in musical and spiritual traditions. Toni’s maternal grandfather was also a minister, further embedding music into her family’s heritage.

As the eldest of six siblings, Toni Braxton developed a close bond with her brother Michael, born in 1968, and her four younger sisters: Traci (born 1971), Towanda (born 1973), Trina (born 1974), and Tamar (born 1977). Her musical journey began in her church choir, where she first showcased her singing talent.

Initially pursuing a career in education, Toni enrolled at Bowie State University in Maryland with the aspiration of becoming a teacher. However, her path took a turn when music producer and songwriter William Pettaway Jr. discovered her singing in her car. Encouraged by Pettaway’s recognition of her talent, Toni shifted her focus to music, setting the stage for her remarkable career in the industry.

Toni Braxton Education

Toni Braxton’s journey into education began with her enrollment at Bowie State University in Maryland. However, her path took an unexpected turn when serendipity played a role in her life. The pivotal moment came when music producer William Pettaway Jr. stumbled upon her singing talent. This encounter shifted Braxton’s focus from her academic pursuits to a burgeoning career in music. Although the article doesn’t delve deeper into her educational endeavors after this transformative event, it’s evident that this fortuitous discovery was instrumental in steering Braxton toward a successful music career.

Toni Braxton Career

In 1989, Toni Braxton and her sisters, known as The Braxtons, secured a recording contract with Arista Records. Their debut single, “Good Life,” was released in 1990 but did not gain significant radio play. Nonetheless, it captured the interest of notable producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds. They invited Toni to record a demo of “Love Shoulda Brought You Home,” a song originally intended for Anita Baker to perform on the soundtrack for the film “Boomerang,” starring Eddie Murphy. Baker recommended Braxton for the track, which led to its inclusion on the soundtrack along with a duet featuring Braxton and Edmonds.

Following this, L.A. Reid and Babyface signed Braxton to their LaFace Records label, where they promptly began working on her solo debut. Released in July 1993, her self-titled album “Toni Braxton” quickly rose to the top of the charts. The album’s lead single, “Another Sad Love Song,” made history as the inaugural number-one hit on the newly established Adult R&B charts. The album, which yielded five singles, earned Braxton three Grammy Awards, including Best New Artist and consecutive wins for Best Female R&B Vocal Performance.

Braxton’s second album, “Secrets,” debuted in the summer of 1996 and remains her most successful release. The album’s first single, “You’re Makin’ Me High,” marked her first number-one hit on the Billboard Hot 100. The second single, “Un-Break My Heart,” became one of her most iconic songs, largely due to Diane Warren’s exceptional songwriting. The track dominated the Hot Dance Singles chart for 11 weeks.

Despite facing health challenges and contract disputes, Braxton released albums such as “More Than a Woman” (2002), “Libra” (2005), and “Pulse” (2010). In 2014, she and Babyface collaborated on “Love, Marriage & Divorce,” which earned them the Grammy Award for Best R&B Album in 2015. Her ninth album, “Sex & Cigarettes,” came out in 2018.

In 1998, Braxton made her Broadway debut as Belle in “Beauty and the Beast,” performing in the role until 1999. Alan Menken composed a new song specifically for her, titled “A Change in Me.”

Braxton also ventured into reality television with shows like “Braxton Family Values,” which premiered on WeTV in 2011, and “Tamar and Vince,” starring her younger sister Tamar. In 2006, she headlined “Toni Braxton: Revealed” at the Flamingo Las Vegas, performing six nights a week. The show’s success led to an extension through August 2008, though later dates were canceled due to Braxton’s heart condition diagnosis.

Toni Braxton Music Career And Its Financial Impact

Toni Braxton launched her music career in the late 1980s with her group, The Braxtons, and signed a record deal with Arista Records in 1989. Her solo career gained momentum when she joined LaFace Records.

Her debut album, Toni Braxton, was released in 1993 and quickly achieved critical and commercial success, topping the Billboard 200 chart and selling 10 million copies globally. This initial success was followed by her albums Secrets (1996) and The Heat (2000), which significantly increased her earnings.

Key singles from her career, such as “Un-Break My Heart” and “You’re Makin’ Me High,” were instrumental in her financial success. Additionally, her collaborative album Love, Marriage & Divorce with Babyface, released in 2014, won a Grammy Award and further bolstered her financial status.

Toni Braxton Bankruptcy And Money Issues

Despite her significant commercial achievements, Toni Braxton has faced considerable financial difficulties throughout her career. Her first bankruptcy filing occurred in 1998, when she was reported to be $5 million in debt. Although her financial outlook improved with the release of her successful album The Heat in 2000, which sold over two million copies, she encountered further financial troubles and filed for bankruptcy again in October 2010. At that time, her debts had reportedly escalated to around $50 million.

Braxton’s financial woes included debts to a variety of creditors such as the IRS, Tiffany & Co., AT&T, and Neiman Marcus. Reports indicated she had spent $2.5 million on personal expenses, including makeup, clothing, and hairstyling, within a span of two years. In July 2013, as part of her bankruptcy proceedings, Braxton lost the rights to 27 of her popular songs, including “You’re Makin’ Me High,” “Always,” and “How Many Ways,” resulting in a significant reduction in her music royalties.

Additionally, Toni does not receive substantial royalties from her major hit “Un-Break My Heart,” as it was written by Diane Warren. However, Braxton continues to maintain a strong presence in live performances, particularly internationally, where she earns between $750,000 and $1 million annually from concerts, appearances, and her reality show Braxton Family Values. Fortunately, a bankruptcy court has alleviated a substantial portion of her debt, offering hope for a more stable financial future.

Toni Braxton Personal life

Toni Braxton met Keri Lewis, a member of the band Mint Condition, during one of his group’s performances opening for her. Their relationship flourished, leading to their marriage on April 21, 2001. The couple welcomed their first child, Denim Cole Braxton-Lewis, later that same year. However, Toni faced complications during her second pregnancy in 2002 and was prescribed bed rest. Despite these challenges, their second son, Diezel Ky Braxton-Lewis, was born in March 2003. Following Diezel’s autism diagnosis, Toni became an advocate for autism awareness, serving as a global ambassador for Autism Speaks.

Toni and Keri Lewis eventually separated, with their divorce finalized in July 2013. After her separation, Toni began a relationship with rapper Birdman in May 2016. The couple announced their engagement in February 2018, but they chose to call off their engagement in January 2019. Despite this, by April 2019, both Toni Braxton and Birdman confirmed that they were still together.

The Multifaceted Career Of Toni Braxton: A Journey Beyond Music

Toni Braxton’s brand extends far beyond her musical achievements, showcasing her versatility and entrepreneurial spirit. Her foray into the beauty industry with her own skincare line demonstrates her ability to diversify and influence new markets. This venture adds a compelling dimension to her already multifaceted career.

In addition to her success in music, Braxton has made significant contributions to the world of theater. Her performances in Broadway productions such as Beauty and the Beast and Aida have broadened her impact, allowing audiences to appreciate her talent in a different artistic context. Through these ventures, Toni Braxton has expanded her influence across various fields, reinforcing her status as a dynamic and multifaceted artist.

Toni Braxton Health Issues

In late summer of 2007, there were widespread speculations about Toni Braxton being diagnosed with breast cancer, which she denied at the time. In 2008, Braxton underwent surgery to remove a benign lump from her breast. On April 8, 2008, she was briefly hospitalized, resulting in the cancellation of the remaining dates of her residency at the Flamingo Hotel in Las Vegas. During her participation in Season 7 of Dancing with the Stars, she disclosed that she had been diagnosed with microvascular angina, also known as small vessel disease.

On November 18, 2010, Toni Braxton shared with CBS News that she had been diagnosed with systemic lupus erythematosus (SLE), a serious autoimmune condition that can be life-threatening.

Toni Braxton Real Estate

In the autumn of 2014, Toni Braxton purchased a 5,323-square-foot residence located in The Oaks community of Calabasas, California, for $2.9 million. The property, built in 2006, featured four bedrooms, each with its own en-suite bathroom, and was considered relatively affordable for its prestigious neighborhood. Braxton later sold the home in 2016 for $3.4 million.

Frequently Asked Questions (FAQs)

1. What notable property did Toni Braxton buy in 2014?

Toni Braxton purchased a 5,323-square-foot home in The Oaks neighborhood of Calabasas, California, in the fall of 2014. The property, built in 2006, was considered an affordable option for the prestigious area.

2. How much did Toni Braxton sell her Calabasas home for?

Braxton sold her Calabasas home in 2016 for $3.4 million.

3. What health issues has Toni Braxton faced?

Toni Braxton has faced several health challenges, including a diagnosis of microvascular angina (small vessel disease) and systemic lupus erythematosus (SLE). Additionally, she had a benign lump removed from her breast in 2008.

4. How has Toni Braxton diversified her career beyond music?

 In addition to her music career, Toni Braxton has ventured into the beauty industry with her own skincare line and has made significant contributions to Broadway through roles in productions such as Beauty and the Beast and Aida.

5. What was Toni Braxton’s involvement in reality television?

Toni Braxton appeared on the reality TV show Braxton Family Values, which has aired on WeTV since 2011, and also participated in Tamar and Vince, featuring her younger sister Tamar.

Conclusion

Toni Braxton’s career and life reflect a journey marked by both remarkable achievements and significant challenges. From her early days with The Braxtons to her solo success and ventures into various fields, including beauty and theater, Braxton has demonstrated considerable versatility and resilience. Despite facing health issues and financial difficulties, she has continued to influence the entertainment industry and maintain a strong presence through live performances and reality television. Her story is a testament to her enduring talent and ability to navigate both personal and professional obstacles while leaving a lasting impact across multiple domains.

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