Bethenny Frankel Net Worth: How Much Money Does She Have in 2022?

Bethenny Frankel is an entrepreneur and reality TV star from the United States. She is worth $80 million. She made most of her money from selling her Skinnygirl cocktail business and her appearances on reality TV. She has done an excellent job of fixing and selling homes in recent years.

Early Life

Frankel was born on November 4, 1970, in New York City. Robert J. Frankel, her father, was a horse trainer, and Bernadette Birk, her mother, was an interior designer. Frankel’s father left when she was only four years old. When she was five, her mother remarried a horse trainer named John Parisella.

bethenny frankel net worth

Frankel’s childhood was hard. She moved around and went to many different schools before boarding school. She got her diploma from Pine Crest School in Fort Lauderdale, Florida, then went to the Natural Gourmet Institute in New York City and Boston University for two years. She finally got her degree in psychology and communications from New York University.

Bethenny Frankel Instagram

Please take a look at Bethenny Frankel’s Instagram account and also look at her followers on Instagram.

 

View this post on Instagram

 

A post shared by Bethenny Frankel (@bethennyfrankel)

Career Beginnings

Frankel moved to Los Angeles in 1992 because she wanted to be an actress. She got to know people through minor acting roles and jobs like being Paris Hilton’s nanny and Jerry and Linda Bruckheimer’s assistant. She used these connections to start her first business, an event planning company called In Any Event, which didn’t last long.

Television Appearances

Frankel started BethennyBakes in 2003. The company delivers “healthy” baked goods and meals in New York City. In 2005, it was shown on The Apprentice: Martha Stewart, a reality show about job competition, and she got far enough to be one of the finalists. Even though the company shut down in 2006, Frankel’s time on the reality competition show was her first job on a reality show.

bethenny frankel net worth

In 2008, she was chosen to be on the reality show The Real Housewives of New York City. She left the show in September 2010 and said it was for personal reasons. After three seasons away, she came back to Real Housewives in 2014. She left the show again in August 2019, saying she wanted to focus on her own life.

READ MORE: Madonna Net Worth: How Much Worth Does She Have in 2022?

Frankel was on the Bravo reality show Bethenny Getting Married? with her boyfriend at the time, Jason Hoppy. The show followed the couple through their engagement, wedding, and the birth of their daughter. She also got her talk show—talks to have her host a show started back in 2011. The first episode of The Bethenny Show aired on September 9, 2013. The show didn’t last long, and it was canceled on February 14, 2014.

Skinnygirl Earnings

Frankel made most of her money as the founder and CEO of Skinnygirl Cocktails, which she also named after herself. Her company has put out several books and DVDs, such as Naturally Thin: Unleash Your SkinnyGirl and Free Yourself from a Lifetime of Dieting (2009), The SkinnyGirl Dish: Easy Recipes for Your Naturally Thin Life (2009), A Place of Yes: 10 Rules for Getting Everything You Want Out of Life (2011), and the novel Skinnydipping (2011). (2012).

At first, it was said that Frankel’s drink company, Skinnygirl, was bought for $120 million. But she got lucky when she sold her line of alcoholic drinks to Beam Global, part of Fortune Brands, in 2011. (which is now part of Suntory).

bethenny frankel net worth

After that, rumors said the price was $8.1 million. Bethenny laughed at that number and said, “Please. It’s crazy to think that it could be the fastest-growing alcohol brand on the market and that it sold for so little. I will have to pay more than $8.1 million in taxes.”

READ MORE: Huey Lewis Net Worth: How Much Money Does He Make in His Life?

If you look into Beam Global’s SEC filings, you will find that the deal is worth at least $39 million and could be worth as much as $64 million. Beam has set aside $25 million to reward Frankel based on how well the brand does in the future. In August 2011, Skinnygirl was taken off the shelves at Whole Foods because it was controversial that the drink had preservatives.

This hurt sale. It says on the package that it has no preservatives. In the following article, CelebrityNetWorth looked closely at her deal with Skinnygirl. How much did Bethenny Frankel make selling Skinnygirl Cocktails?

She has also put out other products under the Skinnygirl brand, like Skinnygirl Market Fresh Deli, a line of pre-packaged lunch meat that the American Heart Association has approved because it has less sodium and fat.

Personal Life

Peter Sussman worked in the entertainment business and was Frankel’s first husband. They got married in 1996 and got divorced in 1997. On the show Bethenny Getting Married?, they talked about her second marriage to pharmaceutical sales executive Jason Hoppy.

They got married in March 2010 but broke up in December 2012. In January 2013, Frankel filed for divorce from Hoppy. Their divorce was finalized in July 2016, almost four years after they split up. However, in August 2019, Page Six reported that Hoppy and Frankel were still legally married. Hoppy and Frankel have one daughter together.

Real Estate

Bethenny has bought and sold several beautiful homes in New York City, Greenwich, Connecticut, and the Hamptons. Here is a list of the most critical sales and purchases:

In 2011, Bethenny bought a loft in the Tribeca neighborhood of New York City for $4.995 million. Reports from the time said she then spent an estimated $500,000 on repairs. In 2016, she put this house on the market for $6.95 million and found a buyer who paid the total price in ONE DAY.

Bethenny bought a two-bedroom condo on Mercer Street in New York City for $4.2 million in 2014. In 2016, she tried to sell this property for $5.25 million, but in 2020, she settled for $3.65 million. Again, she did some massive repairs.

READ MORE: Ryan Fellows Net Worth: How Much Worth Does He Left Before His Death?

In 2015, she bought a house in the Hamptons for $2.7 million. She is still the owner of this property.

In 2017, she bought a second home in the Hamptons to rent it out and make more money. She bought this property for $2 million, but then she changed her mind and sold it for $2.3 million in 2020.

Bethenny bought a 4-bedroom condo in the SoHo neighborhood of New York City for $4.2 million in 2017. She then did a complete remodeling job. Bethenny put the apartment for sale in December 2021 for under $7 million. This condo is shown in this video:

Frequently Asked Question

How Did Bethenny Frankel Get So Rich?

Bethenny Frankel became famous as a cast member on Bravo’s Real Housewives of New York. She then wrote two books that became New York Times bestsellers and started a brand of liquor called Skinnygirl. She recently sold the brand to Beam Global Spirits & Wine for a reported $120 million.

How Much Does Bethenny Own of Skinnygirl?

People heard from a source that Frankel has not yet made the sale. “Bethenny has been offered a lot of money because the brand has been so successful,” a person who knows Frankel tells PEOPLE. “Outside of cocktails, she owns all of the intellectual property for Skinny Girl.”

Does Skinnygirl Still Make Money?

Bethenny made a lot of money with Skinnygirl.

The article said that she still makes money from the spinoffs of Skinnygirl. Cash says that in 2011, she sold her line of Skinnygirl cocktails to Beam Global for $100 million. Being the intelligent businesswoman she is, Bethenny kept the right to let other companies use the brand name.

Comments are closed.