Bethenny Frankel Net Worth

Bethenny Frankel Net Worth

Bethenny Frankel, an accomplished American reality TV star and entrepreneur, has established a prominent presence in the entertainment industry through her unwavering dedication and relentless efforts.

Frankel catapulted to stardom after she made her debut on Bravo’s “The Real Housewives of New York City,” swiftly capturing the hearts of viewers and earning a devoted fan base.

Bethenny Frankel’s net worth stands at approximately $80 million as of May 2023. This piece will delve into the factors that led to her rise to fame and shed light on her remarkable entrepreneurial journey, which encompasses the creation of various prosperous ventures, notably her renowned brand of Skinnygirl cocktails.

Early Life and Career

After being born in New York City, Frankel pursued his education at Pine Crest School in Florida. He later earned a degree in communication from Boston University.

Afterwards, she enrolled at New York University to pursue a degree in psychology while also undergoing natural foods chef training at the Natural Gourmet Institute.

Upon finishing her education, Frankel embarked on her professional journey as a production assistant and personal assistant. Eventually, she transitioned into the role of a pharmaceutical sales representative.

Reality TV Career

In 2008, Frankel embarked on her reality TV career by joining the cast of Bravo’s “The Real Housewives of New York City”.

Known for her sharp wit and humor, she swiftly gained recognition, becoming a beloved figure due to her impressive business skills. Although she departed the show in 2010, she later made guest appearances in subsequent seasons.

Besides her part on “The Real Housewives of New York City,” Frankel has also featured on other reality TV shows such as “Bethenny Getting Married,” “Bethenny Ever After,” and “Bethenny & Fredrik.”

In addition, she has been featured as a guest on various television programs such as “The Apprentice: Martha Stewart,” “Big Shot with Bethenny,” and “Shark Tank.”

Skinnygirl Brand and Other Business Ventures

Source: Shape

In 2009, Frankel established her line of Skinnygirl cocktails, which turned out to be her most prosperous business endeavor. The brand gained immense popularity and Frankel eventually entered into an agreement to sell it to Beam Global, reportedly earning $100 million from the sale.

Afterwards, she has broadened her brand by incorporating cookware, eyewear, and solutions.

Aside from her Skinnygirl brand, Frankel has authored multiple books such as “The Skinnygirl Dish” and “A Place of Yes.” Furthermore, she has published workout DVDs and helmed her very own daytime talk show called “Bethenny.”

Personal Life

Over the years, Frankel’s personal life has garnered significant media coverage. She has walked down the aisle twice, first tying the knot with Peter Sussman, an executive in the entertainment industry, and later with Jason Hoppy, a pharmaceutical sales executive. Together with Jason, she has a daughter named Bryn.

Frankel’s portfolio of real estate assets comprises a luxurious mansion in Connecticut as well as a stylish loft located in NYC’s vibrant Tribeca neighborhood.

She has not hesitated to share her challenges with weight and lifelong experience of dieting.

Bethenny Frankel’s Net Worth 2023

Bethenny Frankel has amassed a net worth of approximately $80 million as of May 2023, owing much of her wealth to her accomplishments as both an entrepreneur and reality TV personality.

Frankel’s triumph with Skinnygirl Cocktails aside, she has also garnered substantial wealth from her books, DVDs, and various other entrepreneurial endeavors.

Assets

Bethenny Frankel, a thriving entrepreneur and popular figure in reality television, boasts an extensive collection of luxurious properties. With residences located in NYC, Greenwich, Connecticut, and the Hamptons, she showcases her exceptional taste and affinity for extravagant living.

In 2011, Frankel acquired a remarkable loft in the renowned Tribeca neighborhood of New York City, paying a total of $4.995 million. She then dedicated approximately $500,000 towards enhancing the property. Subsequently, in 2016, the house was put on the market with an asking price of $6.95 million. It is noteworthy how swiftly the house managed to fetch the full amount of the listed price.

In 2014, she put $4.2 million into purchasing a two-bedroom condo in New York City. Two years later, Frankel decided to renovate the property and then listed it for sale at $5.25 million. However, in 2020 she ended up accepting an offer of $3.65 million.

In 2015, Frankel purchased a magnificent Hamptons residence for $2.7 million, and she remains the owner to this day. Two years later, she decided to invest $2 million in another rental property situated in the Hamptons. Demonstrating her shrewd business acumen, she successfully sold the house in 2020 for $2.3 million, yielding a profitable outcome.

Frankel purchased a four-bedroom condo in New York City’s SoHo district for $4.2 million in 2017. After conducting extensive renovations, she recently listed the property for sale in December 2021 at a price slightly below $7 million.

In order to be closer to her fiancé Paul Bernon, Frankel has expanded her investment portfolio beyond New York City by purchasing a residence in the Back Bay area of Boston in 2019.

Frankel purchased a house in Greenwich, Connecticut in 2020, investing $2.1 million. She proceeded to undertake significant renovations on the property and eventually sold it for $3,300,000.

Demonstrating her profitable prowess, she acquired yet another Greenwich house that year for $1.8 million, subsequently selling it for $3.5 million.

At the beginning of 2021, Frankel acquired a luxurious mansion in Greenwich, Connecticut for a staggering price of $4.5 million. This prestigious property stands as a testament to her impeccable taste and inclination towards a lavish lifestyle.

Her business acumen and refined taste are clearly reflected in her remarkable real estate resume. Her expertise in the real estate market, combined with her sharp business instincts, is exemplified by her knack for making lucrative strategic investments.

Frequently Asked Questions (FAQs)

How did Bethenny Frankel accumulate her wealth?

Bravo’s Real Housewives of New York first brought Bethenny Frankel into the limelight.

Afterwards, she successfully wrote two bestsellers for the New York Times and introduced the Skinnygirl liquor brand, ultimately selling it to Beam Global Spirits & Wine for an approximate sum of $120 million.

Did Bethenny Frankel create the Skinnygirl brand?

Frankel, in addition to her reality television profession, is the creator of the Skinnygirl lifestyle brand and BStrong, an initiative focused on providing aid during disasters. She has written four self-help books.

Does Bethenny Frankel retain ownership of Skinnygirl?

Frankel made a deal in 2011 to sell her Skinnygirl cocktail line to Beam Global for $100 million. However, she still maintained the rights to license the brand name for other product lines.

What was the selling price of Skinnygirl?

Bethenny Frankel made a lucrative deal in 2011 when she sold her company, Skinnygirl Cocktails, to Beam Inc. for an impressive amount of $120 million.

How much did Bethenny Frankel pay in her divorce settlement?

Since her separation from Jason Hoppy in 2012, Frankel has been adhering to a court-mandated payment of approximately $26,000 per month.

Their daughter Bryn receives $10,000 per month in child support, while temporary alimony amounts to around $12,000 per month.

How much does Bethenny Frankel pay for her daughter’s expenses?

Due to her considerably higher income, Frankel covers 97 percent of their daughter’s preschool tuition, amounting to $600 per month, as well as the extracurricular expenses of $900 per month in the Frankel-Hoppy case.

Has Bethenny Frankel undergone any cosmetic procedures?

According to Frankel, her appearance has undergone significant changes due to various cosmetic procedures she has undergone, such as a breast lift and Botox injections in her jaw.

Frankel persists in receiving Botox injections annually or biannually and has undergone filler treatment once. She has openly expressed her intentions to pursue additional procedures in the future.

Key Takeaway

Bethenny Frankel serves as a shining example of the tremendous accomplishments that can be attained through relentless effort and unwavering determination.

Through her appearances on reality TV and her involvement in various business ventures, she has established a thriving career in the entertainment industry.

Frankel’s Skinnygirl brand has established itself as a prominent contender in the lifestyle market, propelling her to become one of the industry’s most influential women due to her remarkable success.

Despite the constant media scrutiny surrounding her personal life, Frankel has managed to stay committed to her career and brand. Her relentless efforts have yielded remarkable success.

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