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Bethenny Frankel Net Worth: How Did Bethenny Frankel Become So Rich?

Bethenny Frankel Net Worth

Ms. Frankel, 50, is a mother, philanthropist, and self-made businesswoman. Her father was a horse trainer, and her mother was an interior designer. She studied psychology and communication at NYU. Frankel’s experience in bakeries and apparel stores inspired her other business ideas. Bethenny became a natural food chef and marketed Bethenny Bakes, leading to Skinnygirl Cocktails and $100M.

Martha Stewart became famous after finishing second in The Apprentice. Her love for entrepreneurship increases her net worth after selling her company, Skinnygirl Cocktail Company.

This RHONY alum is one of Forbes’ 100 most powerful celebrities. She founded Skinnygirl, a clothing brand that solves everyday concerns. She also developed B Strong Crisis Response, a project that helps women in crisis. B Strong has distributed nearly $10 million in help to Puerto Rico. Let’s learn about this NYT bestseller.

Early Life

Frankel was born in NYC on 11/4/1970. Her father was a horse trainer, and her mother an interior designer. Frankel’s father abandoned her when she was four, and her mother remarried John Parisella, a horse trainer when she was five. Frankel moved frequently and attended various schools before boarding school.

She graduated from Pine Crest School in Fort Lauderdale, Florida, the Natural Gourmet Institute in New York City, and New York University with degrees in psychology and communications.

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Career Beginnings

Frankel moved to L.A. in 1992 to become an actress. She used connections she made as Paris Hilton’s nanny and Jerry and Linda Bruckheimer’s personal assistant to start her first company, an event-planning service called In Any Event.

Television Appearances

Frankel founded BethennyBakes in 2003 to provide ‘healthy’ baked products and meals in NYC. She was a finalist on The Apprentice: Martha Stewart in 2005. Frankel’s stint in the competition show marked the start of her reality television career.

She joined The Real Housewives of NYC in 2008. After departing the show in 2010 for personal purposes, she returned in 2014. She left the show again in August 2019, citing personal reasons.

Negotiations for her talk program began in 2011. Frankel and her then-partner Jason Hoppy appeared on the Bravo reality show Bethenny Getting Married? The Bethenny Show premiered on September 9, 2013, and ended on February 14, 2014.

Skinnygirl Earnings

Skinnygirl Cocktails is the primary source of Frankel’s wealth as the company’s founder and CEO. The SkinnyGirl Dish: Easy Recipes for Your Naturally Thin Life (2009), Naturally Thin: Unleash Your SkinnyGirl and Free Yourself from a Lifetime of Dieting (2009), A Place of Yes: 10 Rules for Getting Everything You Want Out of Life (2011) and the book Skinnydipping have all been published by her company (2012).

When she sold her alcoholic beverage line to Fortune Brands’ Beam Global in 2011, she made big money (which is now part of Suntory). A reported $120 million was paid for Frankel’s Skinnygirl beverage company. Rumors of an $8.1 million acquisition price surfaced later. Betsy-Claire sneered at such an estimate and said: “Please. Considering that it was the fastest-growing booze brand on the market, it’s absurd that it sold for so little. I will owe a lot more in taxes than the $8.1 million I’ve already paid.”

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CelebrityNetWorth analyzed her Skinnygirl agreement. Beam Global’s SEC filings reveal that the deal’s genuine value is $39 million to $64 million. Beam has set aside $25 million in brand rewards for Frankel. Skinnygirl was taken from Whole Foods shelves in August 2011 over a preservative issue. It’s preservative-free. Bethenny Frankel sold Skinnygirl cocktails.

Skinnygirl Market Fresh Deli is a line of pre-packaged lunch meat with decreased sodium and fat levels.

Bethenny Frankel Net Worth

The American reality television star and businesswoman Bethenny Frankel has an estimated net worth of $80 million. The majority of her wealth comes from selling her Skinnygirl cocktail brand and the several appearances she has made on reality television. In recent years, she has established herself as a relatively successful home renovator and flipper.

Personal Life

Bethenny Getting Married? Frankel married and divorced her first husband, Peter Sussman, an executive in the entertainment industry, in 1996. Recorded her second marriage to Jason Hoppy, a pharmaceutical sales professional.

Hoppy and Frankel married in March 2010; they separated in December 2012, and Frankel filed for divorce in January 2013. Even though their divorce was finalized in July 2016, it was reported by Page Six in August 2019 that Hoppy and Frankel were still married legally. Frankel and Hoppy have a daughter.

Real Estate

Bethenny has made many notable purchases and sales over the years, including properties in New York City; Greenwich, Connecticut; and the Hamptons. Listed here are the most critical assets and sales.

There is a $4.995 million apartment in Tribeca, New York City, that Bethenny purchased in 2011. It sold for the entire $6.95 million asking price in 2016 after only one day on the market. According to previous reports, a reported $500,000 was spent on upgrades.

New York City’s Mercer Street is where Bethenny paid $4.2 million for her two-bedroom property. Another big makeover was carried out by her this time. She tried to sell it in 2016 for $5.25 million but settled for $3.65 million in 2020 after a long battle.

She spent $2.7 million on a Hamptons house in 2015. This property is still in her possession.

A year later, in 2017, she purchased a second property in the Hamptons to rent out. This home cost her $2 million when she bought it in 2010, but she later regretted her purchase and sold it for $2.3 million in 2020.

New York City’s SoHo district is where Bethenny purchased a four-bedroom condo in 2017 for $4.2 million. After that, she undertook a full-scale remodel. It was put on the market by Bethenny in December of that year for a little less than $7 million. Here’s a video tour of this condo:

Earlier this year, Bethenny purchased a house in Boston’s Back Bay neighborhood so she could be closer to her fiance Paul Bernon.

Bethenny bought a Greenwich, Connecticut, mansion for $2.1 million in 2020. She sold it for $3.3 million in mid-2020. After extensive renovations were completed, she resold the house for $3.5 million a year. She spent $1.8 million on a Greenwich, Connecticut, property in 2020.

Greenwich, Connecticut mansion: $4.5 million Bethenny paid in early 2021.

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How Did Bethenny Frankel Become So Wealthy?

Because Frankel has a net worth of $70 million, she is considered one of the most successful reality television stars and businesswomen. The majority of her income was acquired through the sale of her cocktail company, Skinnygirl, which she ran concurrently with her role as a star in a reality television show.

Frequently Ask Question

How Many Carats Is Bethenny Frankel’s Ring?

According to PEOPLE, a 15-carat-plus emerald-cut center stone with trapezoid side stones, according to the CEO of The Diamond Pro, Mike Fried, is what Frankel’s engagement ring appears to be. The valuation should be over $1 million, Fried stated.

How Much Did Bethenny Frankel Pay for Child Support?

In addition, the court ordered her to pay Hoppy a child support payment of $3,000 a month for Bryn and a monthly alimony payment of approximately $12,000.

What Is Bethenny Frankel Doing Now?

The former Real Housewives of New York actress and entrepreneur has sold her Manhattan penthouse and relocated to Connecticut with her children. By. Daily Mail Reporter. Ex-Real Housewife of New York City star Bethenny Frankel has decided to leave New York. The entrepreneur-turned-mom-of-a-daughter says she’s moving to Connecticut with her family.

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