How Sonja Morgan Achieved a Net Worth of $8 Million
Sonja Morgan is a socialite, television personality, businesswoman, and philanthropist. She is probably best known to the public for her appearances in the reality television series ‘The Real Housewives of New York City.’ However, she also has a wine business and a fashion line.
Although it is estimated that Sonja Morgan’s net worth is $8 million, she has experienced financial difficulties in the past. Here is how she has gone from being a wealthy woman to losing everything and then becoming rich for a second time.
Her Early Career
Morgan was born as Sonja Tremont on November 26, 1963. After leaving school, she traveled around Milan and Paris, working as a fashion model. She then studied marketing at the Fashion Institute of Technology. During the 1990s, Sonja Morgan worked as a hostess at an Italian restaurant called San Pietro on Madison Avenue in Manhattan, and it was there that she met her future husband.
Sonja Morgan’s Personal Life and Financial Decline
During the late 1990s, Sonja Morgan met John Adams Morgan while working as a hostess. John Adams Morgan is a former sailor and Olympic Champion who founded the financial company Morgan Joseph LLC. He remains the CEO of the company, and The Richest says that he is currently worth $100 million.
The couple married in 1998, with Sonja becoming his Morgan’s fourth wife. They had one daughter together, Quincy Adams Morgan. Unfortunately, the marriage did not last, and they divorced in 2006.
Due to the divorce, Sonja Morgan faced financial ruin, and she was forced to file for bankruptcy. It took her four years after her divorce to pay off creditors. Morgan remortgaged her $3.3 million New York home and sold her French property in Ramatuelle for $5.7 million.
Her involvement in a failed movie project also meant she had to pay $6.95 million to Hannibal Pictures Incorporated. From Morgan’s estate, The American Home Mortgage Service received $600,000. They also received the deeds to her home in Colorado, which was worth $5.8 million.
Despite losing her fortune after her divorce, Morgan managed to get her life back together, appearing on television and launching her own businesses.
Her Career in Television
Sonja Morgan is probably best known as one of the main cast of the popular Bravo reality television series ‘The Real Housewives of New York City.’ Morgan first joined the cast at the beginning of the third season, which premiered in March 2010. She has remained one of the main cast members of the series ever since.
There are only two cast members who have appeared in more episodes of the reality series than Morgan; Luann du Lesseps and Ramona Singer. While Ramona Singer has been a main cast member throughout all 12 seasons, Du Lesseps has been a main cast member in every season except the sixth, when she was a friend who appeared in the occasional episode.
As of season 12, the other main cast members that appear alongside Morgan, Du Lesseps, and Singer are Dorinda Medley, Tinsley Mortimer, and new cast member Leah McSweeney. Guests include Jill Zarin and Heather Thomson. ‘The Real Housewives of New York City’ is not Morgan’s only foray into entertainment. She also appeared in the off-Broadway play ‘Sex Tips for Straight Women by a Gay Man.’
Sonja Morgan’s Business Ventures
In addition to her television appearances, Sonja Morgan is also a businesswoman. She has launched two businesses, including a fashion line and a wine business. Her fashion line was launched in 2015, and it is called ‘Sonja by Sonja Morgan.’ Her fashion line is stocked in the Vanessa Noel store on East 64th Street, New York City, and it is also sold online. Morgan also has a fashion lifestyle brand.
Morgan’s second business is ‘Tipsy Girl,’ which she launched with business partner Peter Guimaraes in 2016. Tipsy Girl is a company that distributes sparkling rose wine and Prosecco. Morgan has openly promoted her company on ‘The Real Housewives of New York City.’
The launch of the brand was aired in one of the episodes of the reality series. There have been several controversies surrounding ‘Tipsy Girl’ since the company launched. The first controversy arose when Morgan’s ‘The Real Housewives of New York City’ co-star Bethenny Frankel accused Morgan of trying to copy her brand’s image. Frankel owns the food brand ‘Skinnygirl,’ and she felt that Morgan’s brand name was too similar. They openly rowed about the issue in the series.
Additional Ventures
Just a year after the business’ launch, there were rumors that Morgan and Guimaraes had fallen out. The reports came after the duo had failed to open a planned eatery for the brand in Greenwich Village. They then opened an eatery in Hartford, Connecticut, instead.
However, the failed restaurant was not the cause of the argument. The pair rowed after Guimaraes expressed his disappointment that Morgan was unable to promote their brand more on ‘The Real Housewives of New York City.’
While Guimaraes admitted that there had been ups and downs, Morgan said that everything was fine. She tried to promote her various brands and partnerships whenever possible but wanted the viewers of the reality series to see all aspects of her life.
Sonja Morgan’s Net Worth
Despite her past financial difficulties, it is now estimated that Sonja Morgan’s net worth is $8 million, says Celebrity Net Worth. She lost nearly all her money following the divorce.
Morgan has since become a wealthy woman for the second time through a combination of running her businesses and appearing on television in ‘The Real Housewives of New York City.’ As her businesses continue to grow and she continues to appear on television, Sonja Morgan has the potential to increase her net worth further.
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Written by Allen Lee
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