Born on November 4, 1970, in New York City, Bethenny Frankel has built an impressive empire that spans reality television, entrepreneurship, and philanthropy. With an estimated net worth of $80 million as of 2024, Frankel’s journey to wealth and fame is a testament to her business acumen and tireless effort.
Early life and education
Frankel’s early life was filled with instability. Her parents, Robert J. Frankel, a horse trainer, and Bernadette Birk, an interior designer, divorced when she was young. She moved frequently and attended several schools before settling at Pine Crest School in Fort Lauderdale, Florida. Frankel later studied at the Natural Gourmet Institute in New York City, Boston University, and graduated from New York University with a degree in psychology and communications.
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Beginning of career
Frankel moved to Los Angeles in 1992 with aspirations of becoming an actress. She held a number of roles, including working as a nanny for Paris Hilton and personal assistant to Jerry and Linda Bruckheimer. She also started her first business, an event-planning company called In Any Event, which lasted for a while.
Success with Reality TV
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Frankel’s big break came in 2005 when she appeared on the reality competition series “The Apprentice: Martha Stewart,” where she was the runner-up. This exposure led to her being cast on “The Real Housewives of New York City” (RHONY) in 2008. Her outspoken personality and business ventures made her a great cast member, and she starred in eight seasons of the show, earning her $40,000 per episode.
Skinnygirl Empire
In 2009, Frankel founded Skinnygirl Cocktails, a line of low-calorie alcoholic beverages. The brand’s success skyrocketed, and in 2011, she sold the cocktail line to Beam Global for an estimated $100 million. Despite the sale, Frankel retained control of the Skinnygirl brand, which has since solidified its place as a major lifestyle brand by including snacks, supplements, and apparel.
Other ventures and media appearances
Frankel’s entrepreneurial spirit hasn’t been limited to Skinnygirl. She’s written several best-selling books, including “Naturally Thin: Unleash Your Skinnygirl and Free Yourself from a Lifetime of Dieting” and “A Place of Yes: 10 Rules for Getting Everything You Want Out of Life.” She’s also ventured into fitness with the “Body by Bethenny” exercise DVD and several reality shows, including “Bethenny Getting Married?” and “The Big Shot with Bethenny,” an HBO Max series where contestants compete for a position at her company.
Philanthropy and advocacy
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Frankel is the founder of BeStrong, a disaster relief organization that has raised millions of dollars for victims of natural disasters. BeStrong has provided aid by delivering essentials such as medical supplies, food, and water to areas affected by hurricanes, earthquakes, and the COVID-19 pandemic. Frankel has also been a supporter of reality TV personalities, demanding better pay and working conditions and speaking out against anti-Semitism.
personal life
Frankel’s personal life has been as eventful as her career. She was married to entertainment executive Peter Sussman from 1996 to 1997 and to pharmaceutical sales executive Jason Hoppy from 2010 to 2013, with whom she has a daughter, Bryn. Her relationship with banker Dennis Shields, who died in 2018, was also well-publicized. Frankel has since been in a relationship with film producer and real estate developer Paul Bernon, though they split in 2024.
conclusion
Bethenny Frankel’s tumultuous childhood and rise to become a millionaire businesswoman and philanthropist is a remarkable journey. Her ability to turn reality TV fame into a successful business empire and her commitment to philanthropy highlight her versatility and dedication. With a net worth of $80 million, Frankel remains an important figure in the entertainment and business world.
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Category: Net worth