Bethenny Frankel denies inflating Skinnygirl cocktail income
on 14/10/11 at 3:09 pmBooze News
This week, The Huffington Post reported that Frankel received $8.1 million selling her Skinnygirl cocktail line to Beam Global in March 2011, as opposed to the previously reported $120 million. An accusation which the reality star and Beam Global has since denied.
“It’s completely inaccurate,” Frankel told The Hollywood Reporter of the reports. “I’ve never wanted to discuss my net worth, but I’ve been quite successful. I would never allow my fans to believe something that wasn’t true.”
Frankel could not confirm the sale price due to a non-disclosure agreement, but laughed off the paltry figure reported recently, adding, “Frankly, I’m going to pay a lot more than $8.1 million in taxes. Are you really going to trust some blogger sitting in a dark room on his computer?”
Beam Global agreed that the Huffington Post blogger had misunderstood the company’s quarterly report, asserting that the number reported related to the “goodwill attributed to the brand and not the purchase price for its acquisition.”
Skinnygirl cocktails quickly became the fastest growing spirits brand worldwide, selling one million cases in nine months. The Huffington Post has since issued a correction on their website.