Bethenny Frankel Net Worth
Bethenny Frankel net worth: Bethenny Frankel is an American reality television star and entrepreneur who has a net worth of $25 million. Bethenny Frankel earned her net worth primarily from the sale of her "Skinnygirl" cocktail company and for her various stints on reality television. Frankel's first television appearance was as a contestant on Martha Stewart's 2005 show "The Apprentice: Martha Stewart". She went on to star as one of the original members of "The Real Housewives of New York City" and eventually landed her own Bravo spin offs "Bethenny Getting Married?" and "Bethenny Ever After". The latter two shows focus on Frankel's life with husband, Jason Hoppy, with whom she shares a daughter named Bryn.Bethenny Frankel was originally trained as a chef, having attended the National Gourmet Culinary Institute. After graduation she launched a baked good delivery service called BethennyBakes which was how she became a contestant on Martha Stewart's Apprentice show.
Bethenny Frankel earned the vast majority of her net worth as the founder and CEO of Skinnygirl Cocktails. Her company has launched several books and DVDs but the real windfall came when she sold her line of alcoholic beverages to Fortune Brands' Beam Global in 2011. It was initially reported that Frankel's "Skinnygirl" drink company was purchased for $120 million. Subsequent rumors pegged the purchase price at $8.1 million. Bethenny scoffed at that estimate, stating:
"Come on. That it could be the fastest growing booze brand on the market and have sold for that little is just preposterous. I'm going to be paying a hell of a lot more than $8.1 million in taxes."
When you actually dig into Beam Global's SEC filings you will learn that the true value of the deal is a minimum of $39 million and may go as high as $64 million. Beam has set aside $25 million in incentives for Frankel based on the future performance of the brand. One sales set back has already occurred when in August of 2011 Skinnygirl was pulled off the shelves of Whole Foods amid controversy that the drink used preservatives. It is advertised as being preservative free. CelebrityNetWorth did an in depth analysis of her Skinnygirl deal in the following article: How Much Money Did Bethenny Frankel Make Selling Skinnygirl Cocktails?
Bethenny Frankel has recently rejoined the cast of "The Real Housewives of New York City" while going through a nasty divorce with Jason Hoppy. Her feisty personality and tenacity for life are still a massive draw for the Real Housewives franchise.