x17 France

« Whitney Houston Almost Kicked Off Delta Flight | Main | Chaz Bono And Jersey Shore's Vinny Team Up For GLAAD Video »

Bethenny Frankel Sold Her Beverage Company For $8 Million, Not $120 Million

Posted on Thu Oct 13, 2011 11:45 AM PDT

Bethenny-Frankel-lied.jpgIt turns out Bethenny Frankel didn't make anywhere near as much money as we thought she did when she sold her Skinnygirl beverage company earlier this year.

Forbes Magazine reported that the Real Housewives star sold her Skinnygirl Margarita mix to Fortune Brands "for an estimated $100 million" and other media outlets estimated the sum to be as high as $120 million, but in an SEC filing released yesterday, the company said that they paid just $8.1 million for her brand.

$8.1 million isn't bad, but when you consider the amount she had to fork over to her partner (not to mention to the government for taxes), it doesn't really leave her with much!



Hmm, are we surprised?

 





Comments

comments powered by Disqus
Celeb Digs - Luxury Celebrity Real Estate
Lana Del Rey In Portofino
X17 on Twitter
Like us on Facebook!
Latest Celebrity Tweets

Do you like Kim better as a blonde or a brunette?

Blonde
Brunette
  • Vote
  • View Results
Becks or Biebs?
Beckham Bieber
VOTEVIEW RESULTS