Whitney Houston Biography, better known by her stage name Whitney Houston, was an American singer, producer, actress, and model. Whitney Houston has a $20 million net worth as of 2012. She performs R&B, pop, soul, dance, and gospel music. With over 200 million recordings sold, she is the most successful recording artist.
She had seven straight Number One Singles on the Billboard Hot 100. She used to play the song live with her mother when she was younger, and she frequently shared the stage with the famed performer while in school.
Whitney Houston, who was born on August 9, 1963, was 48 years old as of 2012. She was reared in a stable Christian household from Newark, New Jersey, in the United States, where she was born and raised, she belonged to the American nationality and practiced Christianity.
She finished her elementary education in a nearby high school in the United States, she then attended at Mount Saint Dominic Academy, where she eventually earned her diploma, she has always been more interested in singing and extracurricular activities than in academics, this has been the case since she was a little child.
|Full Name||Whitney Elizabeth Houston|
|Net Worth||$20 Million|
|Date of Birth||9 August 1963|
|Date of Death||11 February 2012|
|Age||48 Years Old|
|Birth Place||Newark, New Jersey, United States|
|Death Place||Beverly Hills, California, United States|
|Profession||Singer, Producer, Model and Actress|
|Debut||TV Series: Gimme a Break! (1984)
Music Video: Whitney Houston (1985)
Film: The Bodyguard (1992)
|Years Active||1977 – 2012|
|Famous Role||Emma in the Film Sparkle (2012)|
|Ethnicity||African, Dutch and American Descent|
|Hometown||Newark, New Jersey|
|School/High School||Local High School in United States|
|College/University||Mount St. Dominic Academy in Caldwell, New Jersey|
The parents of Whitney Houston are John Russell and Cissy Houston. John Russell Houston, Whitney Houston’s father, is a theatre manager by trade. Whitney Houston also has two brothers, Michael Houston and Gary Garland.
At the time of her passing, Whitney Houston was divorced. She tied the knot with Bobby Brown in 1992. Together, the couple has one child. Her child is called Bobbi Kristina Brown.
Alvin Love II, Robert De Niro, Randall Cunningham, Jermaine Jackson, Eddie Murphy, Kelly McGillis, Robyn Crawford, Michael Jackson, Tupac Shakur, and Ray J are a few other men she has dated in addition to Bobby.
The premature passing of Whitney Houston, the greatest vocalist of her generation, was lamented by the entire world in 2012. She was poised to launch a significant musical comeback at the age of 48.
The hitmaker of The Greatest Love of All was discovered dead in a Beverly Hills hotel. Heart problems and cocaine misuse were factors in her accidental drowning death.
Houston allegedly had a $20 million net worth at the time. But after she passed away, her family learned that her will only named one beneficiary and that she was genuinely bankrupt.
Houston has a negative $20 million net worth, according to Celebrity Net Worth. When the singer inked a $100 million recording deal with Sony in 2001, she was “flat bankrupt, from the $30 million she used to make a year from touring alone, it was a significant decrease, houston only received $40 million from her contract because musicians are paid in stages, she owes the label $20 million because her records were a failure as well.
The Queen of the Night actress had $4 million in debts and commitments, a $300,000 life insurance policy, $225,000 in stocks, and only $40,000 in cash when she divorced Bobby Brown in 2007. A $6.5 million property in New Jersey with a $3.3 million mortgage that was still owed, as well as a $1.2 million townhouse in Atlanta with a $1.05 million mortgage, were the other two properties she owned. She had $10 million in assets and slightly under $4 million in debt after adding her $2 million in jewelry and art. She had a $6 million net worth at that time.
But Houston was apparently so poor before she passed away in 2012 that she begged her mentor Clive Davis for help. Davis even gave her a $1.2 million loan so she could become sober and settle her bills. She tried to make that return but failed. Nevertheless, her estate was now worth $40 million nine months after she passed away. Sales of her records soared. The success of her film Sparkle helped the estate as well.
The estate was able to settle Houston’s $20 million debt thanks to earnings of $40 million. Bobbi Kristina Brown, Houston’s sole heir, received the remaining funds. Her inheritance was given to a trust to be released to her over the course of 30 years. But in 2015, Brown passed away after being placed into a coma for several months. She was 22. She had inherited her mother’s Georgia house, where she was discovered unconscious. She passed away from “immersion linked with drug intoxication,” according to the Fulton County Medical Examiner’s office.
Her father revealed to Red Table Talk in 2021 that they were meant to meet up two days after she was discovered unconscious in a bathtub. We had grown closer over the three or four months before to her death, he stated, i am aware that she had everything prepared to visit me, including an airline ticket, two days would have passed before she would have boarded a plane, this whole thing happened two days prior, she would still be here if I could only go back those two days and figure out what was going on and take action.
Brown had already received $2 million from her trust money when she turned 21 at the time of her death, when she was 25, she was supposed to receive $2.7 million, and the remaining money would have been delivered to her on her 30th birthday.
According to Houston’s will, Brown’s inheritance would pass to her mother Cissy Houston, her brothers Gary and Michael, and the singer if she passed away before the age of 30 while still single and childless. Pat Houston, the Run to You singer’s sister-in-law, was appointed executor of the estate at Cissy’s request. They continue to oversee Houston’s earnings, which “quadrupled” in 2022 because everyone mentioned in the will is still alive and healthy.
For the sake of preserving the artist’s legacy, the estate has also teamed up with Primary Wave Music, according to Primary Wave founder and CEO Larry Mestel, we have significantly boosted the profitability of the estate during the course of our three-year cooperation, through a lot of low-hanging fruit, such as renegotiating relationships, focusing on products, enhancing digital strategy, and social media, we have essentially quadrupled the estate’s earnings stream.