Aaron Charles Carter, the younger brother of Nick Carter from Backstreet Boys, is a multi-talented personality and a sensation himself. This American celebrity is famous not only as a singer but also as a rapper, dancer, actor, and recording artist. But some years ago, he was on the news not for his talent but for his mental health and finance-related struggles.

How Did Aaron Carter Rise To Fame?

Born on December 7, 1987, in Florida, Aaron was inclined towards music from an early age. He started performing at the age of just 7. After watching his performance at a Backstreet Boys concert in Berlin, MCA got Aaron signed for a record contract. Then, he released his self-titled debut music album at the age of 10. With this album releasing in 1997 and selling over a million copies across the globe, Aaron became a teenage pop singer.

Aaron Carter got famous quite early in life, and between the years 2000 and 2002, he released three more studio albums with Aaron’s Party (2000) being his second one. This album got the fourth position on the Billboard Top 200 and was so successful internationally that it 3 million records. The two other ones were Oh Aaron (2001) and Another Earthquake (2002). Later in 2018, Aaron Carter released his fifth album Love with Z Music Entertainment.

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Aaron’s acting career started with his appearance in the Nickelodeon game show Figure It Out in 1998. He also did some guest appearances on different TV shows in the early 2000s. Aaron Carter has also done cameos in several movies including Fat Albert (2004) and I Want Someone to Eat Cheese With (2006). He participated in Dancing With The Stars in the year 2009 and stood fifth in the competition.

How Much Was He Worth And How Did He Go Bankrupt?

Aaron was a millionaire even before he grew up to be an adult. His early albums reportedly helped him to earn a whopping 3.5 million dollars. According to Aaron, he made over 200 million dollars in his career before he even turned 18 years old. However, his parents gave him just 2 million dollars in oppose to Coogan Law, which states that a portion of the earnings of a child artist should be safeguarded. Thus, he should be given around 20 million dollars.

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Since most of Aaron’s liability came from his incomes during the peak of his career and popularity, he owed 4 million dollars in tax liens when he became an adult. Since he owed twice the money he had received from his parents, he was left with no option but to file for bankruptcy. His biggest creditor was the Government of the United States. That is why in November 2013, he declared himself bankrupt in the state of Florida. It came as a huge shock and humiliation for the pop star. Although he was quite embarrassed about his financial condition, he revealed both his monthly income ($2,000) and expenses ($2,005) to the court.

How Did He Bounce Back?

Even though Aaron Carter was extremely embarrassed about the whole situation of bankruptcy, he wanted people to know that he would come out of the situation sooner than people could imagine.

According to him, he might not be making all big money at that moment, but he would bounce back. He was doing a lot of stage shows and writing some good music for his fans. He was trying to rebuild his life. He also admitted that the past few years had been challenging for him. The singer also mentioned that he had been continuously working for years without any break.

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The rapper proudly mentioned that his financial condition was way better than the Backstreet Boy sensation and his brother Nick Carter. But, if we might call it like mild allegations, the star was seen telling that he and his family bought a massive compound with some 12 houses for which he paid a considerable part, but he never got any returns for the same. Junior Carter also blamed his parents for mishandling his hard-earned money, especially during his young age, and they completely ignored Aaron’s finances. However, he settled all the debts in 2014.

Apart from all this, Aaron has been hitting the headlines for the past couple of years due to issues regarding his personal life and mental condition. Making and losing a fortune, he has been a talk of the town due to reasons such as his latest face tattoo and his brother’s post on Twitter where he stated that due to Aaron’s alarming behavior, he had to seek legal help to protect himself, his pregnant wife, and other family members. Aaron has denied all the allegations against him and said that he does not intend to cause any kind of harm to anyone, especially his family.

However, after all those hiccups and negative publicity, he tried really hard to get his life back on track. With his hard work, Aaron Carter has made a comeback and now stands as one of the most influential and wealthiest artists of the United States of America. His net worth is 400 thousand dollars. He gives an important lesson to people that if you do not give up on yourself, no one can take away anything from you, especially your talent.

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