Toni Braxton net worth

Toni Braxton net worth

Net Worth: $10 Million

About Toni Braxton

Toni Braxton net worth

As for the day, Toni Braxton net worth is estimated at $10 million dollars and you might find this sum somewhat surprisingly small. Well, on the one hand, so do I: after all, Toni has been extremely commercially successful as a singer and is widely admired for her song-writing, acting, piano playing, record producing talents and reality show appearances. On the other hand, Braxton has a long history of financial troubles. According to our sources, only 5 years ago the star was some $50 million in debt. The whole bankruptcy procedure has cost her a lot (and we will discuss these loses in the following paragraphs), but after where she has been to, $10 million seems like a huge fortune. This is a sketch of Toni’s financial situation, but let’s take a closer look at it.
Although becoming a singer was Toni’s plan A after first hearing Whitney Houston when she was 17, the future millionaire started off with plan B by going to the teacher-training college that her dad went to. It is a good thing she did not get to serious about teaching, because if she did her fortune would have hardly ever been anywhere close to the current Toni Braxton net worth (but then again, I doubt that a teacher would have managed to get herself $50 million in debt…).

Her career in music industry started in the late 1980s, as she and her four sisters started performing as The Braxtons. A breakthrough in her career came up in 1993, as her eponymous solo album reached the stores. The album, which featured such hits as “Another Sad Love Song”, “Seven Whole Days” and “Love Shoulda Brought You Home” experienced a considerable commercial success, topped U.S. Billboard 200 and eventually received 8 x Platinum certification from the Recording Industries Association of America. Despite that, in 1998 Toni‘s money problems began: that time she had to file for bankruptcy with $5 million in debt. Her situation temporarily improved after the release of another successful album, The Heat, but in 2010 the star had to file for bankruptcy once again: this time Toni Braxton net worth was – $50 million. Due to her indebtedness the singer lost rights to some of her greatest hits, such as „You’re Making Me High”, “Always” and “How Many Ways”, along with eligibility to receive royalties from their sales.
Fluctuations in Toni Braxton net worth are not the only thing troubling this singer, she also has some serious health issues. In one of her interviews the star has revealed: “I had a 23 per cent blockage in my micro-arteries. At first the doctors thought I needed a heart transplant, then they said I have microvascular angina, which means I will be on medication for the rest of my life.”

Now you have an idea why Toni Braxton net worth is this huge

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