Toni Braxton Net Worth: What Is The Fortune of Toni Braxton, Early Life, Career And Many More!
Toni Braxton Net Worth
A singer, songwriter, pianist, record producer, actor, television personality, and philanthropist with a net worth of $10 million, Toni Braxton is an American singer, songwriter, pianist, and record producer.
Over 67 million copies of Braxton’s recordings have been sold all over the world. She has become one of the most successful female R&B musicians in the history of the genre. Multiple Grammy Awards have been bestowed upon Braxton.
Toni Braxton Early Life
Toni Michelle Braxton was born on October 7th, 1967 in the city of Severn, which is located in the state of Maryland. Her family has a strong musical and spiritual background, which she inherited. Both of her parents, Michael and Evelyn, were active members of the Methodist church in their community and held positions of clergyman and pastor.
Additionally, Braxton’s father held a position with the electricity company. Her mother had a background in singing opera and was currently employed at a beauty shop. Toni’s grandpa on her mother’s side was also a minister.
She is the eldest of her six children, which include one older brother named Michael (1968) and four younger sisters (Traci 1971, Towanda 1973, Trina 1974, and Tamar 1977). It was in her church choir that Braxton made her first public appearance as a singer. She attended Bowie State University in Maryland, where she planned to study education in order to pursue her goal of becoming an educator.
However, after hearing her singing to herself while she was pumping gas, composer and producer William Pettaway Jr. persuaded her to give a career in singing a go.
Toni Braxton Career
Braxton and her sisters formed the group known as The Braxtons in the late 1980s, and in 1989 they inked a recording contract with Arista Records. In 1990, the band issued their debut song under their name, titled “Good Life.” Although the song was unsuccessful in gaining momentum on the radio, it was successful in attracting the attention of producers Antonio “L.A.” Reid and Kenneth “Babyface” Edmonds.
The trio approached Toni about recording a demo tape of the song “Love Shoulda Brought You Home,” which was a tune they penned for Anita Baker to perform on the soundtrack of the Eddie Murphy movie “Boomerang.” Toni agreed to do so. Baker proposed that Braxton perform it as an alternative.
Toni’s rendition was one of several that made it onto the final soundtrack, alongside a duet performed by Toni Braxton and Edmonds. After signing Braxton to their LaFace records label, L.A. and Babyface immediately started to work on producing her first solo album.
The album “Toni Braxton” was initially released in July 1993 and ultimately reached the top spot on the Billboard 200 albums list. The very first song to ever reach number one on what were then fresh new Adult R&B charts was “Another Sad Love Song,” which was the first single released from Toni’s first album.
The first album released by Braxton was successful enough to produce five songs and win three Grammy Prizes, including the award for “Best New Artist,” as well as two awards in a row for “Best Female R&B Vocal Performance.” Braxton’s second studio album, titled “Secrets,” was released in the summer of 1996.
It is her record that has been the most successful to this day. Braxton’s debut single, “You’re Makin’ Me High,” became her first song to peak at number one on the Billboard Hot 100 list. Because to Diane Warren’s expert songwriting and composition, Toni Braxton’s second single, titled “Un-Break My Heart,” became her most successful track to date and the biggest smash of her career. The song held the number one spot on the Hot Dance Singles chart for a total of 11 weeks.
Braxton’s albums “More Than a Woman” (2002), “Libra” (2005), and “Pulse” (2010) were all released during a period in which she was dealing with both health problems and contract disagreements.
In 2014, Braxton and Babyface published an album titled “Love, Marriage, and Divorce.” They were awarded the Grammy for Best R&B Album in 2015 because to the success of the album. The year 2018 saw the release of Braxton’s ninth studio album, titled “Sex & Cigarettes.”
Braxton made her debut on Broadway in the role of Belle in the musical “Beauty and the Beast” in the year 1998. “A Change in Me” is the name of the brand-new song that Alan Menken penned for the legendary show and dedicated to Braxton. In 1999, Toni stepped away from her role in the production of “Beauty and the Beast.”
Additionally, Braxton has tested the waters of reality television with the series “Braxton Family Values,” which has been broadcast on WeTV since 2011, as well as the series “Tamar and Vince,” which stars Braxton’s younger sister Tamar.
In 2006, Braxton’s performance titled “Toni Braxton: Revealed” at the Flamingo Las Vegas was the show’s main attraction. She gave performances each of the week’s six evenings. Due to the overwhelming response to the programme, its run was extended all the way through August of 2008. However, subsequent dates of the event had to be postponed as it was discovered that Braxton was suffering from a cardiac ailment.
Toni Braxton Personal Life
Toni Braxton first became acquainted with the artist Keri Lewis when Mint Condition served as the opening act on one of her tours. On April 21, 2001, they exchanged vows. She gave birth to their son Denim Cole Braxton-Lewis in the same year that he was born. She became pregnant for the second time in 2002 and was had to stay in bed for her whole pregnancy.
In March of 2003, the mother gave birth to her second son, Diezel Ky Braxton-Lewis. Toni is the International Spokesperson for Autism Speaks, and Diezel has autism. Toni is associated with the organisation Autism Speaks. In July of 2013, Braxton and Lewis finalised their divorce.
In May of 2016, Braxton began a relationship with the rapper Birdman. In February of 2018, they shared the news that they were getting engaged. The engagement between the two parties was broken up in January of 2019. In spite of this, Braxton and Birdman each stated in April 2019 that they were still together to reaffirm their relationship.
Toni Braxton Health Issues
It was around the end of the summer of 2007 that reports began to spread that Braxton had been diagnosed with breast cancer. She lied and said that it never happened. In 2008, she underwent surgery to remove a lump from her breast that turned out to be harmless.
Braxton was admitted to the hospital for a short stay on April 8, 2008, and as a result, the remaining dates of her residency at the Flamingo Hotel in Las Vegas were cancelled. She revealed this information much later, when she competed on the seventh season of “Dancing with the Stars,” and said that she had been given a diagnosis of microvascular angina (small vessel disease).
On November 18, 2010, Braxton disclosed to CBS News that she had been diagnosed with systemic lupus erythematosus (SLE), an autoimmune condition that can pose a risk to the patient’s life.
Toni Braxton Bankruptcy And Money Issues
Toni has a lengthy history of financial issues, despite the fact that she has achieved a great deal of economic success. In 1998, when she had $5 million in debt, she submitted her initial petition for bankruptcy protection.
After the successful release of Toni’s album The Heat in 2000, which went on to sell more than two million copies, there were indications that her financial condition was beginning to improve. Due to unforeseen circumstances, Toni was compelled to file for bankruptcy once more in October of 2010. According to this document, Toni owed as much as fifty million dollars in debt at the time.
She had financial obligations to a diverse group of creditors, some of which include the Internal Revenue Service, Tiffany & Co., AT&T, and Neiman Marcus, to mention just a few. It is said that in less than two years she spent a total of $2.5 million on cosmetics, apparel, and hair products. As part of her continuing bankruptcy lawsuit, Toni lost the rights to 27 of her most renowned songs in July 2013, including “You’re Making Me High,” “Always,” and “How Many Ways.”
Other songs that were lost include “How Many Ways” and “Always.” Because of this, she is unable to collect the lion’s share of the royalties generated from the sales of her own songs going forward.
Because Diane Warren was the one who truly penned the song that became Toni’s biggest success, “Un-Break My Heart,” Toni does not get major royalties from the song. Thankfully, Ms. Braxton maintains a strong following as a live performer, particularly in international markets.
Her annual earnings from live events, personal appearances, and her reality programme, “Braxton Family Values,” put her in a comfortable financial position to make between $750,000 and $1 million per year. Finally, a bankruptcy judge discharged a sizeable portion of her debt, so let’s keep our fingers crossed that Toni can put her financial house in order this time around.
Toni Braxton Property
Braxton made the purchase of a property in the The Oaks community of Calabasas, California, in the fall of 2014 for the price of $2.9 million. The home has a total living space of 5,323 square feet. The four-bedroom, four-bathroom home, which was constructed in 2006, was seen as a “affordable” option for anyone who was interested in relocating to this very desirable area. In 2016, she sold the business for $3.4 million.