Aretha Franklin, the renowned American singer, songwriter, and musician, passed away in 2018, leaving behind a net worth of $10 million. However, this amount does not account for the value of her intellectual property, likeness, song catalog, or royalty stream.
In the years following her death, her estate has been embroiled in legal battles over her assets. According to court records, her royalty income during this period has ranged from $3 to $4 million per year.
Her impressive posthumous earnings serve as a testament to her enduring impact on the music industry and the continued popularity of her music even after her passing.
Biography of Aretha Franklin
Aretha Franklin was born on March 25, 1942, and passed away at the age of 76. She was born in Memphis, Tennessee, and her love for music was influenced by her family’s strong musical background.
Her father, Clarence LaVaughn Franklin, was a well-known Baptist minister and gospel musician, while her mother, Barbara Siggers Franklin, was a singer and pianist as well. When she was just two years old, her family moved to Detroit, Michigan.
At a young age, she began singing in the church choir and refined her singing skills with the guidance of her father. Her family’s musical legacy played a significant role in shaping her successful professional career.
Aretha Franklin Net Worth, Wealth, Businesses
The exact annual salary of the renowned singer, Aretha Franklin, is not widely known. However, she is estimated to have a net worth of $10 million, primarily earned through her successful singing career.
Regarding her investments, there is limited information available, and it appears that her singing career has been her main focus. Aretha Franklin has secured lucrative endorsement deals with a few brands, though the specific number of deals is not disclosed.
In terms of philanthropy, Aretha Franklin has supported several charities, including 46664, Barbara Davis Center for Childhood Diabetes, Boys & Girls Clubs of America, Candie’s Foundation, Exploring The Arts, Feeding America, GRAMMY Foundation, MusiCares, NAACP, Robert F Kennedy Memorial, Special Olympics, The Rainforest Foundation, United Negro College Fund, and United Service Organization.
As for business ventures, Aretha Franklin’s remarkable career in the music industry has been the centerpiece of her success. She has released numerous albums, gaining widespread recognition as a talented singer and songwriter.
Some of her notable albums include “The Tender, Moving, Swinging Aretha Franklin,” “I Never Loved a Man the Way, I Love You,” “This Girl’s in Love with You,” and her most recent CD, “Aretha Franklin Sings the Great Diva Classics,” which was published in 2014.
