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