Have you ever wondered how much money Aretha Franklin has made? We’ve got the answer! ” Eighty-million-dollar fortune”
Known as “Queen of Soul,” Aretha Franklin was an American singer, songwriter, and musician. She was born and reared in Detroit, Michigan. It’s believed that Aretha Franklin was worth around $80 million at the time of her death, which occurred in 2018. This amount takes into account the value of her image, music catalogue, and royalty stream.
Respect, I Say a Little Prayer, and I Never Loved a Man (The Way I Love You) are just a few of the classics by Aretha Franklin. Born and died in Detroit, Aretha Franklin was an American singer and songwriter who rose to fame during the 1960s. In terms of global sales, she is still one of the best-selling artists of all time, according to Billboard.
A Brief History of Aretha Franklin
‘Aretha’ was born on March 25, 1942, in Memphis, Tennessee, as Louise Aretha Franklin. For her father, Clarence LaVaughn “C. L.” Franklin was a Baptist minister and circuit preacher, while her mother was a soprano and pianist, Barbara (née Siggers).
Her birth took place at 406 Lucy Avenue, the family home in Memphis, Tennessee. When Franklin was a youngster, her parents had four children together, in addition to the children they had from previous marriages.
On this day in 2001, #Aretha performed with #MaryJBlige for the VH1 DIVAS LIVE: THE ONE AND ONLY ARETHA FRANKLIN concert. They sang one of Mary's childhood favorites, "Do Right Woman, Do Right Man." https://t.co/hMpAResNzY
Photo: Getty Images / Scott Gries / ImageDirect.
— Aretha Franklin (@ArethaFranklin) April 9, 2022
In Buffalo, New York, Franklin’s parents and siblings migrated when she was just three years old, before moving to Detroit. In Detroit, where she grew up, her father was named pastor of the New Bethel Baptist Church.
As a result of her father’s frequent indiscretions, Franklin and her parents had a troubled marriage and separated in 1948. Aretha’s mother, although moving back to Buffalo with her half-brother Vaughn, was able to see her other children in Detroit on a regular basis.
She was compelled to commit suicide in 1952 after suffering a heart attack. The ladies in Franklin’s neighbourhood, particularly their grandmother, took care of her and her siblings as a result. Her second year of high school was spent at Northern High School in Detroit, where she eventually dropped out.
Franklin began performing professionally when she was twelve years old, when her father placed her under his management. He drove her to churches around the country as part of his “gospel caravan” and helped her land her first record deal with JVB Records thanks to his network. “Never Grow Old” was her first release as a J.V.B. Records artist.
Spirituals” was the follow-up to a series of singles and a full-length album (1956). The gospel circuit in Chicago was a summer job for her, and she continued to perform. In her teens, she went on a tour with Dr. Martin Luther King, Jr. (she would later go on to sing at his funeral in 1968). In contrast, Franklin made the decision to pursue a career in pop music at the age of eighteen.
To help Franklin become comfortable in New York, Franklin’s father also helped create the tape that resulted to Franklin signing a recording contract with Columbia Records the next year, in 1960. Despite being released in September 1960, “Today I Sing the Blues” was a top-seller for Columbia Records before the end of the year.
This award has never been given to a woman. Franklin was honoured for her contributions to the arts two years later with a Kennedy Center Honors award. When it comes to her work in various genres, she has won 18 Grammy Awards and two Honorary Grammys. Many of her tracks have hit the “Top 40” on the Billboard charts.
She’s had twenty Billboard No. 1 R&B singles throughout her career. One of the most popular artists of all time, she has sold 75 million records globally.
Franklin had a big family, consisting of four boys and two daughters. First two children Clarence Franklin and Edward Derone Franklin were born when Franklin was barely 13 and 15 years old, respectively.
Franklin’s grandmother and sister Erma lived in Michigan, where they were raised, and Franklin regularly visited them. With her then-husband, Theodore “Ted” White, Franklin gave birth to their third child, Ted White Jr in 1964. A little boy named Kecalf was born in 1970 to singer Aretha Franklin and her road manager Ken Cunningham.
After divorcing one of her husbands, Franklin married the second. She married Ted White in 1961, the first of two marriages she would have in her life.
After separating in 1968, their divorce was finalised in 1969. Her second husband was Glynn Turman, an actor. They wed in 1978, just a few years before they divorced. In 2012, she was engaged to Willie Wilkerson for a second time, however she ended the engagement herself.
Immediately Following Demise
After Franklin’s death on August 16, 2018, it was revealed that she owed the IRS between $5 and $8 million. In May of this year, her attorneys sold off the bulk of her assets, which included a sizable real estate, stock, and other asset holdings. The worth of her image and music collection is just as significant, but less liquid.
It appears that she died without a will. Michigan law dictates that her four adult sons will get a portion of her assets.