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What is Aaron Carter's net worth? Rapper, 34, owned luxurious $430K house with pool

Aaron Carter, who died on November 5, had filed for bankruptcy in 2013 claiming that his assets total up to $8,232.16 while his liabilities were over $2.2 million

LANCASTER, CALIFORNIA: Rapper Aaron Carter died on Saturday, November 5, at 34. Though the actor had a troublesome life with psychological issues and drug addiction, he has amassed a massive fortune after his second album,' Aaron's Party (Come Get It)' became a huge hit and sold more than 3 million copies. 

The singer and actor, who was the younger brother of Backstreet Boys’ Nick Carter, was found dead at his house in Lancaster, California. As per TMZ, Aaron's body was found in the bathtub by his house sitter. 

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What is Carter's Net Worth?

According to Celebrity Net worth, Carter had a net worth of $400k. At the peak of his career, his net worth was estimated to have crossed more than $200 million. However, he went through a phase of bankruptcy in 2013 and claimed an average monthly income of $2,000. 

Real Estate

Carter owned two houses in his life. He owned one in Lancaster, California, in 2019 and spent almost $430k on it. The 2,686 sqft home had 3 bedrooms, a 3-bath pad and also a backyard pool, a 3-car garage. It also had a spacious yard for his then 11-month-old pet Diamond, a Doberman pinscher, to run around, reported TMZ. Meanwhile, according to The Sun, he also possessed another house which he bought in November 2020 for $620k had a five-bed, four-bath property in Lancaster, California. It was a cozy 4,131 square feet home with a green front lawn and four garage spaces. However, it was kept for auction in 2021 for $850k by the singer.

Before his death, he put up a tweet suggesting that he is selling his current home for $799900. The tweet read, "Selling my 2nd home. Real estate has been super good to me. Ready for a new chapter in my 3rd home which I plan on staying to make a beautiful life for my family. This year has been super tough but I’ve learned so much. Thanks for the support everyone." 

Car Possession 

Carter loved automobiles. He possessed different cars at different ages of his life. He possessed a BMW M4 in 2017. However, an accident that occurred in the same year completely totaled his vehicle. "Life is really so precious, I just got into a terrible accident and completely totaled my BMW M4," he told Daily Mail. According to The Blast, he also owned a 2004 Cadillac Escalade. However, he also met with another accident with the car. "Everything happened in such a whirlwind. It was like the mattress flew out of nowhere. You think you're invincible when you're behind the steering wheel of an SUV but you're not. I'm OK but you can imagine I'm still in shock," he said in a statement.

His Bankruptcy case

In 2013, Carter filed for bankruptcy claiming that his assets total up to $8,232.16 while his liabilities were over $2.2 million. His representative told, "The bulk of the debt is from over 10 years ago when he was a minor and his money was being managed by other people. Most of that is an IRS tax debt. It's very old debt from when his money wasn't in his control. This is not recent problems that happened in the last couple of years. It's going way back," reported US Magazine.

According to Yahoo.com, the singer made hundreds of millions of dollars but, eventually problems arose between the singer and his folks about where that money was going. "When I was 13-14, I started paying attention to what my mom and dad were doing [with my money], and I wanted to know about stuff. I started getting familiar about taxes. ... I was becoming very inquisitive and my parents didn't like that," Aaron had said. However, he eventually cut business ties with his parents.

He also revealed, "No disrespect to my brother, but when Nick was 18 years old and I was 10 years old, I was just kind of starting to make lots of money," Aaron said. "I made over $200 million in my career before I even turned 18 years old," reported Huff Post. He added, "There was a lot of neglect on my parents' part," he says. "They didn't do a lot of things right." Further, he explained, "We had this massive compound, with, like, 12 houses on it, it was worth over $10 million, and I had paid a lot of that money. I had done a lot of that stuff, and I never got any of those return."