Bethenny Frankel’s net worth has been a hot topic of discussion following her 2012 separation from her second husband, pharmaceutical sales executive Jason Hoppy. Frankel aka Skinny girl is a TV personality, author, entrepreneur, talk show host and chef. The ridiculously 4-year long legal battle on who to take what in her divorce from Hoppy revealed her net worth to be $25 million.
Bethenny Frankel Net Worth: How She Started
Bethenny Frankel was born on November 4, 1970 in New York City. Frankel had it rough as a child as a result of her parents divorce when she was just 4. She had to move frequently (7 times in the space of 10 years), attend different schools and was often depressed. She graduated in 1998 from Pine Crest School in Fort Lauderdale, Florida and later obtained a degree in communications and psychology from New York University.
With the dreams of making it big in Hollywood, Frankel moved to Los Angeles. However, her dreams didn’t immediately become a reality. She had to work several other jobs including as a nanny to socialite Paris Hilton when she was a teenager. She advanced from being a nanny to personal assistant, first to filmmaker Jerry Bruckheimer. With her little exposure in the star-studded LA, Frankel began the business of planning parties.
When the business didn’t yield as much as she would’ve liked, Frankel went back to school and attended the Natural Gourmet Institute, New York City with aspirations of becoming a chef. She graduated and launched a baking business known as Bethany Bakes which focused on making healthy cookies. Bethany Bakes business also failed, but on the brighter side it helped her launch a career in TV- what she had always wanted.
Bethenny Frankel Net Worth: Rise To Fame With Reality TV Series
“The Apprentice: Martha Stewart” was the reality TV series Frankel was selected to compete in in 2005. Her passion for the media was quickly manifest in her effortless composure and confidence on the show which saw her last till the final stage. Her success on the show opened the doors for yet another reality show- “The Real Housewives of New York City”. She made her debut in March 2008. RHONY premiered with highly positive reviews and soon became very popular and in turn made Bethany Frankel famous. She took a break from the series at the end of its 3rd season but returned in 2015 for the 7th season.
Bravo decided to capitalize on the single-lady’s fame, developing a spin-off focused on her personal life. Titled “Bethenny Getting Married?”, the show premiered with record-breaking ratings to become Bravo’s highest-rated series in history, talk about shrewd decisions. The show chronicled her marriage to Jason Hoppy on March 2010 as well as her pregnancy and birth to daughter Bryn Casey Hoppy. The second season came with a new title “Bethany Ever After”.
Frankel has appeared on a number of other TV shows including her very own produced talk show “Bethenny” which lasted for a single season on Fox.
Bethenny Frankel Net Worth: Business Ventures
Though famous and banking an estimated $40,00 per episode from her reality TV shows, Frankel didn’t give up on doing business despite several failures in the past. In 2009, she added writing to her repertoire while promoting a brand she titled “Skinnygirl”. Frankel’s first book “Naturally Thin: Unleash Your SkinnyGirl and Free Yourself from a Lifetime of Dieting” was published in March and it soon became a bestseller. In December she published “SkinnyGirl Dish: Easy Recipes for Your Naturally Thin Life”. Soon her cocktails and margaritas in her recipe book became popular.
Bethenny continued with exercise accessories, including workout DVD’s under wears and audiobooks. “A Place of Yes: 10 Rules for Getting Everything You Want Out of Life” was published in 2011. Her novel “Skinnydipping” was published in December 2012.
Perhaps the most lucrative of all her ventures was the Skinnygirl cocktail company she started in 2011. Frankel sold the beverage brand to Beam Global of Fortune Brands Inc. for around $100 million. She continues to shill for the brand and is entitled to millions worth of incentives depending on the performance of the beverage brand.
Bethenny Frankel Net Worth: Effect of Divorce on Bethany’s Net Worth
The peak of Frankel’s business success happened to coincide with the early stages of her marriage and it wasn’t long until the consequences became evident- she was too busy to attend to wifey duties maybe? In 2012, she separated from Jason Hoppy and filled for divorce weeks later. And the preceding legal battle of who takes what was nasty to say the least.
After almost four years of dragging each other in court, the ex lovers finally reached a divorce settlement in July 2016. One of the reason’s it took so long was the issue of custody of their daughter but that was finalized in 2014. The other was the issue of who would be in possession of their $7 million Tribeca apartment which was bought with Frankel’s money under a trust in 2011. Jason who continued to live in it when Frankel looked to sell it, finally moved out a month prior to the divorce settlement.
However, while the court didn’t make known to the public the amount of the divorce settlement, it was revealed that their prenup prohibited spousal support payment and that Jason relinquished his claim on her Skinnygirl company. So it appears the divorce had little or no effect of Frankel’s $25 million fortune.
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