Bobby DeBarge

Bobby DeBarge Net Worth: Discover Bobby DeBarge's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth before He died?

Biography

Bobby DeBarge was born in Michigan on March 5, 1956. He is best known for being a R&B Singer. Lead singer of the Motown R&B group Switch who went from superstar to convicted drug trafficker.

Popular AsBobby DeBarge
OccupationR&B Singer
DeathAug 16, 1995 (39 age)
Zodiac SignPisces
BornMarch 5, 1956 (Michigan)
BirthdayMarch 5
Town/CityMichigan
Nationality

We recommend you to check the complete list of Famous People born on March 5. He is a member of famous R&B Singer group. He is one of the Richest R&B Singer who was born in Michigan.

Age, Height, Weight & Measurements

famous R&B Singer Bobby DeBarge height not available right now. We will update Bobby's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status
Height
Weight
Body MeasurementsNot Available
Eye ColorNot Available
Hair ColorNot Available
Shoe SizeN/A
Dress SizeN/A

Dating & Relationship Status

According to Celebs Dating, He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children. He, his brother, and fellow local musician, Gregory Williams, founded the group First Class in 1976, which eventually became Switch.

Family

Family
FatherNot Known
MotherNot Known
SiblingNot Known

He grew in in Detroit, Michigan with an abusive father.

Bobby has not shared much details about parents. Our team currently working, we will update Family, Sibling, Spouse and Childrens information. Right now, we don't have much information about Education Life. Bobby DeBarge's primary income source is being a successful R&B Singer. N/A.

Bobby DeBarge Net Worth

Bobby DeBarge's net worth has been growing significantly in 2020-21. So, how much is Bobby DeBarge worth? What is Bobby's salary per year and how rich is Bobby DeBarge's before He's death? We have estimated Bobby DeBarge net worth, money, income, and assets for 2020-21 below:

Bobby DeBarge's estimated Net Worth: $1.5 Million - $5.5 Million

Bobby DeBarge is a R&B Singer, who has a net worth of $1 Million - $5 Million before the death. Bobby DeBarge’s income source is mostly from being a successful R&B Singer. He is from Michigan. [Source: Forbes, Wikipedia & IMDB]

Net Worth (2021)$1.5 Million - $5.5 Million
Net Worth (2020)$1 Million - $5 Million
Net Worth (2019) Pending
Salary (2021)Under Review
Salary (2020)Under Review
Salary (2019)Under Review
Source of IncomeR&B Singer
Verification StatusNot Verified
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Definition of Net Worth

Essentially, it is a measure of what an entity is worth. For an individual, it represents the properties owned, less any debt the person has. For a company, net worth is the value of the business. It's a significant section of a provider's balance sheet and is sometimes called"owner's equity" or"shareholder's equity."

Assets:

To arrive at a business's net worth, one must first calculate the current value of the company's assets. Assets typically include cash, cash equivalents, property, inventory, machinery and buildings. For people, assets include cash, savings accounts, property like homes and automobiles, investment accounts and other valuable properties, such as antiques and jewelry.

Liabilities & Debits:

The term"liabilities" refers to debt outstanding. It is basically money owed to someone else. It can be bank debt, bonds or promissory notes. It can also be more immediate debts, such as outstanding payments that the company owes to vendors or a line of credit at a bank. For individuals, credit card debt, car loans and mortgages make up the majority of liabilities.

Value:

Net worth and equity essentially mean the same thing, the value of the organization. Sometimes net worth is known as shareholder's equity, if the business is owned by shareholders. Net worth is very important to them.

For individuals, equity in a home is what you own, free and clear of the mortgage holder. For a homeowner, a considerable portion of net worth comes from the value of the house, minus the amount outstanding on any mortgages.

How to Increase Net Worth?

A firm or a person can increase its net worth by paying down liabilities or increasing assets. If a business has positive earnings on its income statement at the end of the year, this increases its net worth in the shape of retained earnings. On the other hand, negative earnings (losses) will decrease net worth. Paying out dividends may also decrease a company's net worth.