R&B artist R. Kelly took a huge hit to his finances this week when his 20,000 square foot dream home was auctioned for less than a million dollars. The home, which Kelly had built in 1997, was subject to a $3.5 million mortgage. R. Kelly, whose real name is Robert Sylvester Kelly, has been recognized by the Recording Industry Association of America (RIAA) as one of the best-selling music artists in the U.S. Sometimes called the King of R&B, Kelly has produced ten albums, collaborated with stars like Jay-Z and Kanye West and was nominated for a Grammy for penning Michael Jackson‘s hit single, “You Are Not Alone.”
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