'Real Housewives' Bankruptcies: How Sonja Morgan, Teresa Giudice and Michaele Salahi Went Under (EXCLUSIVE INFOGRAPHIC)

'RHOBH" Alex on Ep. 5
Real Housewives of Beverly Hills S2 E4 Alex McCord
McCord gives her take on the girls' trip to Ojai. Watch »
Kim Talks 'RHOA' Exit
Kim Zolciak NBCUniversal Summer Press Day - Arrivals
The star addresses accusations she was fired. Read More »

Bravo’s Real Housewives castmembers live in big homes, drive (or are driven) in expensive cars and wear the latest in designer clothing. But, that all comes at a price – literally.

The Total Bankruptcy website took a closer look at three of the women who have been forced to publicly claim they can’t pay their bills: New York’s Sonja Morgan, New Jersey’s Teresa Giudice and D.C.’s Michaele Salahi.

What did Total Bankruptcy find?

Well, Morgan has clearly suffered from a long drawn out divorce battle with her ex-husband, John Adams Morgan, a great-great grandson of the financier John Pierpont (or J.P.) Morgan -- ring a bell? That along with a court judgment for a movie deal gone sour and poor spending choices landed Morgan with $19.8 million in debt.

Giudice has claimed on the show that husband, Joe, has left her largely in the dark about the family’s finances. Total bankruptcy finds that the Giudices were living in New Jersey extravagance without the paper to back it up. Their findings show the couple has $104,000 in credit card debt, $2.6 million spread over eight mortgages on three homes and $5.8 million in business investments. The damage? $10,853, 648.04.

Salahi may have left husband Tareq for Journey guitarist Neal Schon, but it remains to be seen if she can get away from the debt she accrued during her marriage. The alleged White House party crashers’ debt pales in comparison to other housewives, but it’s still a major sum for average Americans struggling in this wonky economy. At $1 million in debt, the couple clearly lived beyond their means and their debt was further complicated by a failing winery. Among their repossessed items is a $150,000 Ashton Martin.

Take a look at Total Bankruptcy’s breakdown of the women’s finances in the handy infographic below.

 

Discuss

Default avatar
 
celebuzz