How Much is Bethenny Frankel Net Worth?
Bethenny Frankel Net Worth- $70 Million
Date Of Birth – November 4, 1970
Salary- $40 Thousand
Gender- Female
Profession- Author, Entrepreneur, Chef, Presenter, Actor
Nationality- United States Of America
Bethenny Frankel Net Worth
Bethenny Frankel is an entrepreneur and television personality from America with a net worth of $70 million. She primarily earned a major part of her net worth from the sale of Skinnygirl cocktail company and doing various stints on reality television.
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Early Life
Bethenny was born on November 4, 1970, in New York. Her parents are Robert J. Frankel, a horse trainer, and Bernadette Birk, an interior designer. Bethenny’s father left when she was four years old, and her mother remarried John Parisella when Frankel was five.
Her childhood went into utter turbulence with Frankel moving to different cities and attending different schools growing up until she finally enrolled in a boarding school. She completed her graduation from Pine Crest School in Fort Lauderdale, Florida. Later, she attended the Natural Gourmet Institute in New York, then Boston University, and finally graduated in communications and psychology.
Bethenny had dreamt of becoming an actress and went to LA to fulfill her dreams in 1992. She started making connections with small acting roles like a nanny in Pari Hilton to the personal assistant of Jerry and Linda and used these connections in her event-planning business In Any Event. However, this business was short-lived.
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Television Appearances
Bethenny started her company, Bethenny Bakes, in 2003, which offered healthy meals and goods for home delivery in New York. The company was featured on the reality tv show The Apprentice-Martha Stewart in 2005. She became one of the finalists in the competition. The company went out of business in 2006; however, the stint in reality shows marked a great start to her television career.
In 2008 Frankel was chosen for the cast of The Real Housewives Of New York City. She left the show in 2010 for personal reasons and returned in 2014. She again left the show in August 2019, staging she would like to focus on her personal life.
Along with her partner, Jason Hoppy Bethenny was a prime feature of Bravo reality show Bethenny Getting Married? The show followed with the couple’s engagement, marriage, and the birth of a daughter. She also started her own talk show in 2011. The Bethenny Show started on September 9, 2013, but was canceled on February 14, 2014.
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Entrepreneurial Pursuits
Bethenny Frankel earned most of her net worth as a CEO and founder of Skinnygirl Cocktails. Her company launched several DVDs and books like Naturally Thin (2009), The SkinnyGirl Dish (2009), A Place Of Yes (2011), and Skinny Dipping (2012).
However, the real growth hit when she sold her alcoholic beverage line in 2011 to Fortune Brands Beam Global. Initially, it was rumored that the company was purchased for $120 million, and other rumors pegged it at $8.1 million, which Bethenny denied.
When you dig into Beam Global’s SEC, the deal’s true value is a minimum of $39 million and as high as $64 million. Beam set $25 million aside in incentives for Bethenny based on the future growth of the company.
One sales setback was encountered in August 2011 when Skinnygirl was pulled down from Whole Foods’ shelf amid the controversy of preservatives used in drinks. However, the drinks were advertised to be preservative-free.
Bethenny’s other products under her company Skinnygirl are Skinnygirl Market Fresh Deli, pre-packed lunch meat certified by Heart Associations for low sodium and fat levels.
Personal Life
Bethenny Frankel’s first husband, Peter Sussman, was an entertainment executive whom she got married to in 1996 and divorced in 1997. She remarried Jason Hoppy, a pharmaceutical sales executive, was documented on Bethenny Getting Married. The couple got married in March 2010 and separated in December 2012, and filed for divorce in 2013. Their divorce was finalized in 2016 after four years of separation. Jason and Bethenny have a daughter together.