Bethenny Frankel is a well-known American reality TV star and entrepreneur who has made a name for herself in the entertainment industry through her hard work and determination.
Frankel’s rise to fame began with her appearance on Bravo’s “The Real Housewives of New York City,” where she quickly became a fan favorite.
As of May 2023, Bethenny Frankel’s net worth is around $80 million. This article will discuss how she achieved her fame as well as how she created several successful businesses, including her line of Skinnygirl cocktails.
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Early Life and Career
Born in New York City, Frankel attended Pine Crest School in Florida before graduating from Boston University with a degree in communication.
She then attended New York University, where she studied psychology and natural foods chef training at the Natural Gourmet Institute.
After completing her education, Frankel began her career as a production assistant and personal assistant before becoming a pharmaceutical sales representative.
Reality TV Career
Frankel’s reality TV career began with her appearance on the Bravo reality show “The Real Housewives of New York City” in 2008.
She quickly became known for her quick wit and humor, and her business acumen soon made her a fan favorite. Frankel left the show in 2010 but returned for guest appearances in subsequent seasons.
In addition to her role on “The Real Housewives of New York City,” Frankel has appeared on other reality TV shows, including “Bethenny Getting Married,” “Bethenny Ever After,” and “Bethenny & Fredrik.”
She has also made guest appearances on other shows, including “The Apprentice: Martha Stewart,” “Big Shot with Bethenny,” and “Shark Tank.”
Skinnygirl Brand and Other Business Ventures
Frankel’s most successful business venture is her line of Skinnygirl cocktails, which she founded in 2009. The brand quickly became a hit, and Frankel eventually sold the brand to Beam Global for a reported $100 million.
Since then, she has expanded her brand to include cookware, eyewear, and solutions.
In addition to her Skinnygirl brand, Frankel has written several books, including “The Skinnygirl Dish” and “A Place of Yes.” She has also released workout DVDs and hosted her own daytime talk show, “Bethenny.”
Frankel’s personal life has been the subject of much media attention over the years. She has been married twice, first to entertainment industry executive Peter Sussman and then to pharmaceutical sales executive Jason Hoppy. Frankel has one daughter with Jason, her daughter Bryn.
Frankel is known for her real estate holdings, which include a mansion in Connecticut and a loft in NYC’s Tribeca neighborhood.
She has also been open about her struggles with weight and her lifetime of dieting.
Bethenny Frankel’s Net Worth 2023
As of May 2023, Bethenny Frankel’s net worth is around $80 million. Her success as an entrepreneur and reality TV star has been a major contributor to her wealth.
In addition to her success with Skinnygirl Cocktails, Frankel has also made significant money through her books, DVDs, and other business ventures.
As a successful businesswoman and reality TV star, Bethenny Frankel has accumulated a sizable real estate portfolio. Her residences in NYC, Greenwich, Connecticut, and the Hamptons serve as examples of her impeccable taste and preference for opulent living.
Frankel spent $4.995 million in 2011 to purchase a stunning loft in New York City’s fabled Tribeca district. She invested about $500,000 in improvements, and in 2016 the home was listed for $6.95 million. It’s impressive how quickly the house brought in the entirety of the asking price.
She invested $4.2 million in a two-bedroom condo in New York City back in 2014. Frankel made renovations to the house in 2016 and listed it for $5.25 million. She eventually accepted $3.65 million back in 2020.
Frankel spent $2.7 million on a stunning Hamptons home in 2015, and she still owns it today. She invested $2 million in another Hamptons rental property two years later. In 2020, she profitably sold the house for $2.3 million, showcasing her astute business sense.
In 2017, Frankel paid $4.2 million for a four-bedroom condo in New York City’s SoHo district, which she then extensively renovated. She put the house on the market in December 2021 for just under $7 million.
Frankel has made investments in homes outside of New York City, including one she bought in Boston’s Back Bay neighborhood in 2019 so she could be near her fiancé Paul Bernon.
In 2020, Frankel paid $2.1 million for a house in Greenwich, Connecticut. She made extensive renovations to the property and later sold it for $3,300,000.
She spent $1.8 million on another Greenwich house that year, which she later sold for $3.5 million, proving her ability to turn a profit.
Frankel paid $4.5 million for a grand mansion in Greenwich, Connecticut, at the start of 2021. Her exquisite taste and preference for an opulent living are further demonstrated by the property.
Her impressive real estate resume showcases her business prowess and fine taste. Her savvy in the real estate market and business sense is demonstrated by her ability to make profitable strategic investments.
Frequently Asked Questions (FAQs)
How did Bethenny Frankel accumulate her wealth?
Bethenny Frankel initially gained recognition as a cast member of Bravo’s Real Housewives of New York.
She went on to author two New York Times bestsellers and launch the Skinnygirl liquor brand, which she eventually sold to Beam Global Spirits & Wine for an estimated $120 million.
Did Bethenny Frankel create the Skinnygirl brand?
In addition to her reality television career, Frankel is also the founder of the Skinnygirl lifestyle brand and BStrong, a disaster relief initiative. She has authored four self-help books.
Does Bethenny Frankel retain ownership of Skinnygirl?
In 2011, Frankel sold her Skinnygirl cocktail line to Beam Global for $100 million, while retaining the right to license the brand name for other products.
What was the selling price of Skinnygirl?
In 2011, Bethenny Frankel sold her company, Skinnygirl Cocktails, to Beam Inc. for a substantial sum of $120 million.
How much did Bethenny Frankel pay in her divorce settlement?
Following her divorce from Jason Hoppy in 2012, Frankel has been paying a court-ordered total of around $26,000 a month.
This includes approximately $12,000 per month in temporary alimony and $10,000 per month in child support for their daughter Bryn.
How much does Bethenny Frankel pay for her daughter’s expenses?
In the Frankel-Hoppy case, Frankel pays 97 percent of their daughter’s $600-a-month preschool tuition and $900-a-month extracurricular costs due to her significantly higher earnings.
Has Bethenny Frankel undergone any cosmetic procedures?
Frankel has undergone some cosmetic procedures, including a breast lift and Botox injections in her jaw, which she says have significantly altered her appearance.
She continues to receive Botox injections once or twice a year and has had filler once. Frankel has expressed her intention to undergo more procedures in the future.
Bethenny Frankel is a prime example of what can be achieved with hard work and determination.
She has built a successful career in the entertainment industry through her reality TV appearances and her various business ventures.
Frankel’s Skinnygirl brand has become a major player in the lifestyle market, and her success has made her one of the most influential women in the industry.
While her personal life has been the subject of much media attention, Frankel has remained focused on her career and her brand, and her hard work has paid off in a big way.