What was Suzanne Somer’s net worth?
What was Suzanne Somers’s net worth? Suzanne Somer’s net worth was estimated to be around $100 million, according to Celebrity Net Worth.
After the success of the show Three’s Company, Somers demanded a salary increase from $30,000 to $150,000 to match lead actor John Ritter’s pay — as well as 10% of the show’s profits, per The Guardian. She left the show once her contract expired and was written off the show. She sued ABC for $2 million in damages after stating that her reputation had been damaged, but she was awarded just $30,000.
However, a majority of Suzanne Somer’s net worth comes from the popular exercise product Thighmaster. Somers highlighted the product in informercials in the 90s.
“Well, I grew up poor, and I live a good life,” she told Dax Holt and Adam Glyn on the “Hollywood Raw” podcast. Somers then provided what she would have earned from Thighmaster. “It’s $19.95 x 10 million [products sold], so you kind of do the math, and we’re probably at 15 million now.” It turned out to be a huge bestseller and Somers owned the rights to the product “outright.” She earned $300 million from the produce.
“We had partners—50/50—and they got drunk on money when it all started selling. They overspent to the point where they could no longer afford to be in their side of the business so we bought them out,” she said. “We have 100%.”
In 2021, Somers and her husband Alan Hamel sold their Palm Springs house for $8.1 million in favor of a greener option . “It sold because I finally let it go — emotionally, spiritually and physically.” She told the New York Post of the home with five villas and over 100 stairs, “it was not the right home anymore.”
She also wrote over 25 books, and became a New York Times Bestselling Author.
