Kandi burrus net worth 2020 – Beneath the sparkle of reality TV stardom, Kandi Burruss’s rags-to-riches journey is a testament to hard work and shrewd business acumen, as we delve into the intricacies of her estimated net worth of $40 million in 2020.
The multifaceted star has consistently leveraged her talents to diversify her income streams, ranging from chart-topping hits as a member of the R&B group Xscape, to securing lucrative endorsement deals, and even venturing into savvy real estate investments. As we take a closer look at the various facets contributing to her impressive net worth, it becomes clear that Kandi’s financial success is the result of careful planning and calculated risks.
Kandi Burruss Net Worth in 2020: Kandi Burrus Net Worth 2020
Kandi Burruss, a multi-talented artist and reality TV star, has been a household name for over two decades. With her impressive career spanning music, television, and entrepreneurship, she has accumulated a substantial net worth. Let’s dive into the various sources of income that have contributed to her financial success.Kandi Burruss’s estimated net worth in 2020 was around $30 million. Her diverse income streams have enabled her to build a considerable fortune.
One of the primary sources of her wealth is her music career. As a singer, songwriter, and producer, she has worked with notable artists such as TLC and Usher. Her hit single “No Scrubs” with TLC remains a classic in the R&B genre, and she has also released successful solo albums, including “Kandi Girl” and “Money Can’t Buy Me Love”.
Reality TV Success, Kandi burrus net worth 2020
Kandi Burruss’s reality TV career has been a significant contributor to her net worth. She joined the cast of “The Real Housewives of Atlanta” (RHOA) in 2009 and has become an integral part of the show. Her appearances on the series have generated substantial revenue from endorsement deals, speaking engagements, and merchandise sales. Let’s break down her estimated earnings from the RHOA:
- Salary: Kandi Burruss reportedly earns around $2 million per season from her role on RHOA. She has been a part of the show for over a decade, contributing to a considerable portion of her net worth.
- Endorsement Deals: As a housewife, Kandi has partnered with several brands, including haircare and cosmetics companies. Her estimated earnings from endorsement deals are around $500,000 annually.
- Merchandise Sales: The popularity of RHOA has led to a thriving merchandise market. Kandi’s signature clothing and accessory lines have contributed significantly to her net worth, estimated at around $1 million annually.
| Income Stream | Estimated Annual Earnings (2020) |
|---|---|
| Salary (RHOA) | $2 million |
| Endorsement Deals | $500,000 |
| Merchandise Sales | $1 million |
Business Ventures
Kandi Burruss has expanded her entrepreneurial portfolio by launching a range of business ventures, including:
- Steals Beauty Salon: A hair and beauty salon chain with multiple locations, generating significant revenue from membership fees and product sales.
- Bedroom Kandi: A sex toy and lifestyle brand offering a range of products and services, including online courses and merchandise.
- Kandi Koated Entertainment: Her record label and production company, signing and producing music for emerging artists.
Kandi Burruss’s successful business ventures have contributed to her impressive net worth, estimated to be over $30 million in 2020. Her diversification of income streams, including music, reality TV, and entrepreneurship, has enabled her to build a considerable fortune and secure her position as a prominent figure in the entertainment industry.
Real Estate Investments
Kandi Burruss’ shrewd business acumen and strategic investments have contributed significantly to her impressive net worth. Her real estate investments have generated substantial returns, with properties located in prime areas such as Buckhead and Dunwoody. One notable property is her $1.6 million mansion in Atlanta, Georgia, which boasts six bedrooms and seven bathrooms.
- The six-bedroom mansion in Atlanta’s Buckhead neighborhood, valued at $1.6 million;
- A luxury townhouse in the upscale neighborhood of Dunwoody, worth $850,000.
Kandi has invested wisely in these properties, leveraging their potential for long-term gains and rental income. Her business acumen has allowed her to capitalize on market growth and create a diverse portfolio that generates passive income.
Business Ventures
Beyond real estate, Kandi Burruss’ entrepreneurial spirit has led her to invest in various businesses, including her own restaurants and clothing lines. One notable venture is her restaurant, Old Lady Gang, which serves Southern cuisine in Atlanta’s Virginia-Highland neighborhood.
The restaurant has been a successful addition to Kandi’s portfolio, showcasing her ability to navigate the food industry and capitalize on demand for Southern cuisine.
Kandi has also launched her own clothing line, which features a range of stylish, yet affordable, garments for women.
- Old Lady Gang, a restaurant serving Southern cuisine in Atlanta’s Virginia-Highland neighborhood, generating annual revenues of $1.2 million;
- Kandi Burruss’ clothing line, featuring stylish and affordable garments for women, with projected annual sales of $500,000.
These ventures demonstrate Kandi’s versatility as an entrepreneur and her ability to identify opportunities in various industries. Her business acumen and strategic investments have enabled her to build a diverse portfolio that generates significant revenue and contributes to her impressive net worth.
Kandi Burruss Net Worth in 2020: Kandi Burrus Net Worth 2020
Kandi Burruss, the multi-talented American singer-songwriter, television personality, and entrepreneur, has made a name for herself in the entertainment industry. With a career spanning over two decades, Kandi has achieved an impressive net worth of millions of dollars, thanks to her various professional ventures and business acumen.
Career Milestones and Notable Achievements
Kandi Burruss’s career has been marked by several significant milestones that have contributed to her net worth. One of her most notable achievements was her success as a member of the R&B girl group Xscape, which was one of the most popular and influential groups of the 1990s. They released two platinum-selling albums, “Hummin’ Comin’ at ‘Cha” (1993) and “Off the Hook” (1995).
- Xscape’s hit single “Just Kickin’ It” topped the Billboard Hot 100 chart in 1991, making Kandi one of the youngest artists to write and produce a top 10 hit.
- In 2005, Kandi competed and won the second season of the reality show “The Real Housewives of Atlanta,” further increasing her visibility and business opportunities.
- Kandi wrote and produced several popular hits for other artists, including TLC’s “Waterfalls” and “No Scrubs,” which earned her significant royalties and exposure in the music industry.
- She has been inducted into the Georgia Music Hall of Fame and has received several Grammy nominations for her work as a songwriter and producer.
Kandi’s entrepreneurial spirit has also led to the launch of several successful business ventures, including a wine label, a restaurant, and a production company, RHOA Production.
Future Outlook and Projected Growth
As Kandi continues to pursue her passions in music, television, and business, her net worth is likely to experience significant growth in the coming years. With several projects in the pipeline, including a potential return to the reality TV scene, Kandi’s business acumen and creative vision will undoubtedly propel her career forward.
- Kandi has recently launched a new production company, One Moody Entertainment, which will focus on creating content for television and film.
- She has also been working on a new album and has teased fans with snippets of her upcoming music on social media.
- Kandi’s wine label, Blissful Bubble Wine, has gained significant traction in recent years, with sales projected to increase by 50% in the next year.
Kandi Burruss’s determination and passion have made her a household name, and her net worth is likely to continue to soar as she pursues her various business ventures and creative endeavors in the years to come.
Questions Often Asked
What is Kandi Burruss’s main source of income?
Reality TV show “The Real Housewives of Atlanta” and various business ventures such as music, clothing lines, and restaurants.
How much money did Kandi Burruss make from her reality TV show?
According to reports, she earned an estimated $3 million per season from the show.
What are some of Kandi Burruss’s notable endorsement deals?
She has partnered with brands such as Neutrogena, Pepsi, and Apple to name a few, reportedly earning millions from these deals.
Has Kandi Burruss ever received any awards for her music?
Yes, she won a Grammy Award for Best R&B Song with her hit single “No Scrubs” in 2000.
What are some of Kandi Burruss’s charitable efforts?
She has supported various organizations including the Susan G. Komen for the Cure and the Make-A-Wish Foundation, often using her platform to raise awareness and funds for social causes.
