TLC (T-Boz and Chilli): Debt and Underpayment

TLC (T-Boz and Chilli): Debt and Underpayment

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How can you sell 10 million albums and still be broke? Ask TLC. The members of the group famously found themselves low on cash even after the massive success of their 1994 album, “CrazySexyCool.” In a 2007 documentary about her life, group member Lisa “Left Eye” Lopes explains that each member earned just $300,000 from the album due to taxes, fees paid to the recording studio and record company cuts from profits.

While TLC eventually sold more than 65 million albums worldwide, that didn’t necessarily translate into riches for the group. Despite being a part of the best-selling American girl group of all time, Tionne “T-Boz” Watkins filed for bankruptcy for the second time in 2011 with over $1 million of debt, and now has a net worth of just $500,000. Rozonda “Chilli” Thomas is doing much better than her former bandmate, starring in VH1’s “What Chilli Wants” and holding onto a net worth of $10 million.

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