WHITNEY HOUSTON – EST. -$20 MILLION

Whitney Houston is reportedly worth negative $20 million at the time of her passing. Although she had a $100-million contract and sold more than 200 million albums, she had a $20-million debt to her record label, Sony. However, the Prom Queen of Soul didn’t file for bankruptcy.

Houston came from a family of great singers. Her mother was a gospel singer, and Whitney was cousins with Dionne Warwick, and her godmother was Aretha Franklin. Growing up, she started as a gospel singer and back-up vocals for famous artists like Chaka Khan. She was also a fashion model then, appearing on different posh magazines. However, when she dropped her first self-titled album, the rest became history. It quickly got the number one spot of the US Billboard chart. With her incredible talent, she was named the most awarded female artist of all time by Guinness World Records.