Bethenny Frankel Net Worth (Money & Salary)
Bethenny Frankel Net Worth (Money & Salary)
Bethenny Frankel Net Worth (Money & Salary)
September 28, 2024
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What Is Bethenny Frankel’s Net Worth?
Bethenny Frankel, an American reality television personality, and entrepreneur has a net worth of $80 million. Rising to fame as an original cast member of the reality television series “The Real Housewives of New York City,” her candid personality and sharp wit made her a standout figure in the world of reality television. She quickly became a fan favorite. Apart from her television persona, Frankel is also a savvy entrepreneur.
Bethenny has earned a fortune through various business ventures. The majority of her wealth today came from the sale of her Skinnygirl cocktail company. Starting as a line of low-calorie cocktails, the Skinnygirl brand later expanded to include a diverse range of products, from snacks to apparel. The success of Skinnygirl led to its acquisition in 2011 by Beam Global for around $100 million, although Frankel retained the rights to the Skinnygirl name for certain product categories.
In recent years, she has been quite successful as a home renovator, flipper, YouTuber, author of four self-help books, and host of several podcasts. As we will detail shortly, she also earned a seven-figure windfall from a wise early investment in the celebrity greeting app Cameo.
Cameo Investment
In 2019, Bethenny had the opportunity to join the celebrity greeting app Cameo. She agreed under one condition – that she would only join if she received equity in the company. Recognizing Bethenny’s potential to attract other reality stars, Cameo agreed.
By 2021, as the COVID pandemic boosted Cameo’s popularity, the company raised $100 million at a $1 billion valuation. Bethenny sold her shares during this funding round, seizing the moment when the app’s demand peaked. According to Frankel, she earned a “seven-figure” payday from the sale.
Early Life
Born on November 4, 1970, in New York City, Bethenny Frankel grew up in a turbulent environment. Her childhood involved multiple relocations and school changes before she eventually graduated from New York University with a degree in psychology and communications.
Career Beginnings
In pursuit of an acting career, Frankel moved to Los Angeles in 1992. She nurtured connections while working in small acting roles and jobs such as a nanny to Paris Hilton and a personal assistant to Jerry and Linda Bruckheimer. These connections paved the way for her first company, an event-planning business named In Any Event, which was short-lived.
Reality Shows
BethennyBakes, a company she founded in 2003, offered ‘healthy’ baked goods and meal delivery in New York City. The business was featured on the reality competition series “The Apprentice: Martha Stewart” in 2005, where she emerged as a finalist. Though the company closed in 2006, her reality show career began with this experience.
Bethenny was selected intoIn 2008, Bethenny Frankel joined the cast of the reality show “The Real Housewives of New York City.” She left the show in September 2010 due to personal reasons and made a comeback in 2014 after a three-season absence. However, she left the show again in August 2019 to focus on her personal life.
Featured on the Bravo reality show “Bethenny Getting Married?” with her then-partner Jason Hoppy, the show documented their engagement, marriage, and the birth of their daughter. Following negotiations that began in 2011, Frankel got her own talk show named “The Bethenny Show,” which premiered on September 9, 2013, but was short-lived and canceled on February 14, 2014. In 2021, her new show, “The Big Shot with Bethenny,” debuted. Over the years, she has also appeared on shows such as “Shark Tank,” “Bar Rescue,” and “Beat Bobby Flay.”
Bethenny Frankel’s wealth primarily stems from her role as the founder and CEO of Skinnygirl Cocktails. Through her company, she has launched various books and DVDs, including titles like “Naturally Thin: Unleash Your SkinnyGirl and Free Yourself from a Lifetime of Dieting” (2009) and “The SkinnyGirl Dish: Easy Recipes for Your Naturally Thin Life” (2009).
The significant success came when she sold her line of alcoholic beverages to Fortune Brands’ Beam Global in 2011, reportedly for $120 million. However, upon further examination of Beam Global’s SEC filings, the deal’s actual value was revealed to be a minimum of $39 million, potentially reaching $64 million with added incentives based on the brand’s future performance.
Another highlight is the Skinnygirl Market Fresh Deli line, offering pre-packaged lunch meat certified by the American Heart Association for its reduced sodium and fat levels.
Personal Life
Frankel was married to entertainment executive Peter Sussman in 1996, divorcing in 1997, and then to pharmaceutical sales executive Jason Hoppy. Their marriage was featured on the show “Bethenny Getting Married?” In March 2010, they tied the knot, separated in December 2012, and Frankel filed for divorce in January 2013. The couple finalized a custody agreement in June 2014 and a financial settlement in July 2016. They officially divorced in January 2021, and together, they have one daughter.
Bethenny got engaged to film producer Paul Bernon in 2021, but they parted ways in 2024.
In 2022, Frankel took legal action against TikTok for alleged scam advertisements misusing her image.
Real Estate
Bethenny has acquired and sold several noteworthy properties over the years, primarily in New York City, Greenwich, Connecticut, and the Hamptons. Here is an overview of some of her most notable real estate deals:
In 2011, Frankel purchased a loft in NYC’s Tribeca neighborhood for $4.995 million and invested roughly $500,000 in renovations. She listed the property for sale in 2016 for $6.95 million, and it was sold within a day at the full asking price.
Frankel acquired a two-bedroom condo on Mercer Street, NYC, for $4.2 million in 2014. Despite an initial attempt to sell the condo for $5.25 million in 2016, she later accepted $3.65 million in 2020.
She bought a residence in the Hamptons for $2.7 million in 2015, which she still owns.
In 2017, she purchased another Hamptons property for $2 million and sold it for $2.3 million in 2020.
Frankel bought a four-bedroom SoHo condo for $4.2 million in 2017, which she renovated. She listed the condo for sale in December 2021 for just under $7 million. Here’s a video tour of the condo:
In 2019, she acquired a residence in Boston’s Back Bay area to be nearer to her then-fiance, Paul Bernon.
Frankel purchased a home in Greenwich, Connecticut, for $2.1 million in 2020, later selling it for $3.3 million. She also bought another Greenwich home in 2020 for $1.8 million, then sold it for $3.5 million after renovations.
At the start of 2021, she bought a $4.5 million mansion in Greenwich, Connecticut.
In October 2023, Frankel acquired a house in Southampton for $5.45 million.
Data is from 2023 and 2024 and forecast data extends to 2025, 2026, 2027, and 2028. Africa, Antarctica, Asia, Europe, North America, Australia (Oceania), Middle East, South America.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Bethenny Frankel Net Worth (Money & Salary)