
Despite recent Huffington Post reports that came out about Bethenny Frankel and her Skinnygirl Brand selling for 8.1 million which is way less than the 120 million that was initially reported. Bethenny and Forbes are firing back disputing the Huff Post article. The full article was later removed and replaced with apologies for posting bullshit. Here is what they posted:
CORRECTION: Our reporter misread the $8.1 million figure in the financial documents. As Forbes points out, the number refers to the amount of Skinnygirl attributed to goodwill, not the total purchase price. We regret the error.

According to Forbes Bethenny laughs at the stupid suggestion that her brand sold for a measly 8.1 million.
“Come on. That it could be the fastest growing booze brand on the market and have sold for that little is just preposterous,” she says. “I’m going to be paying a hell of a lot more than $8.1 million in taxes.”
“Come on. That it could be the fastest growing booze brand on the market and have sold for that little is just preposterous,” she says. “I’m going to be paying a hell of a lot more than $8.1 million in taxes.”
The total Bethenny got for her Skinnygirl Brand is a matter of debate since there is a lot of complicated mumble jumbo, and contingent transaction shit that only a financial analyst would fully understand. But bottom line is 8.1 million only represents a goodwill value attributed to the brand.
“The $8.1 million was just the amount of intangible assets purchased in the Skinnygirl transaction, essentially the amount Beam paid for the Skinnygirl brand rights—not the total purchase price,” says Morningstar analyst R.J. Hottovy, who follows the company and worked with us on our original reporting.
The Forbes article also states that every regular Joe six-pack isn’t equipped to understand celebrity finances.
In Shuter’s defense, figuring out celebrity finances isn’t for everyone, and the company is completely opaque about the deal. The actual price they paid for Skinnygirl is nowhere to be found in the 10-Q. Frankel won’t publicly say what it is, citing a confidentially agreement, nor will Beam, arguing that it’s done all it needs to do under generally accepted accounting rules. “We will continue to disclose accounting data as required to be included in financial filings,” says Beam Global spokeswoman Paula Erickson, “but do not expect that a black-and-white lump sum ‘purchase price’ figure will be made available. Suffice to say, this was not an $8.1 million acquisition.”
On page 5 of the 10-Q,for instance, Beam lists $39 million for acquisitions in the second quarter of 2011. “The only deal they announced over that period was Skinnygirl,” says Hottovy. “This means [Beam] paid at least that much for Skinnygirl [during that period].” He adds that there may be additional elements to the deal not accounted for or visible in company filings, including stock options that could bring Frankel additional long-term returns.
In addition to up-front payments for the acquisition of Skinnygirl, Frankel had told Forbes that she’d get what she called “on-going back end”—payments based on how well Skinnygirl’s cocktails sold after Beam took control. These kind of earn-outs are called “contingent consideration” in accountant-speak and are common in deals where the acquirer wants to incentivize the seller to stick around and help keep the business on track.
Honestly, I think in the end whether Bethenny got 100 million or 120 million and is getting some of it now because that is how much her brand is making now, and later she is getting the whole enchilada with stocks and other payments that she is getting at different stages of the transaction, totalling around 100 million dollars or more in her lifetime, who gives a crap. This bitch still got a shitload of money for going on this trainwreck show hustling her bony-loud-mouthed ass and coming up with her Brand and selling that gold mine. She used her famewhoring for good not evil, so God bless her crazy lying I-got-stranded-at-sea-ass. You’re lucky I still love you Bethenny. BITCH!