If you’re here for the first time, read the first part of Sutton Stracke’s Net Worth story with the following topics if you want to know more:
► Sutton Stracke’s Net Worth and ‘RHOBH’ Salary
► ‘Dolce & Gabbana Gifted Her a One-of-a-Kind Couture with a Tiara for Every Birthday & Rinna Doesn’t Want You to Forget It
► Sutton Stracke Is One Proven Party Host to Be Included with the Obamas As One of the Best
As mentioned earlier, the value of $2 million stated by almost every source out there likely does not do justice to her net worth as she’s got “a lot of f**king money”. To be able to admittedly “get glam” every day may put it somewhere around $5 million, at least, but the true number’s not coming out anytime soon.
It’s keeping one particular main RHOBH housewife, newcomer Garcelle Beauvais, curious enough to linger the question of where Stracke got all the money from around her, again and again. However, friend Lisa Rinna has made it more than clear than Stracke herself about her fortune. Apparently, divorce from a rich former husband is just the tip of the iceberg.
Stracke Didn’t Know She Would Be “Set for Life” After the Divorce from Ex-Husband
As a new member, Beauvais wasn’t sure if she’d be able to afford a glam life every single day, but Stracke said she is. That was what piqued her interest in Stracke’s fortune in one of the episodes and wanted to know where it comes from, no matter what.
Beauvais came into the show as Lisa Vanderpump exited midway of filming the 10th season of RHOBH.
Photo Credit: Stefanie Keenan, Getty Images
“Like, where did all this money come from?” Beauvais repeatedly asked. “Did you inherit money? Did you marry money? Were you born with money? Like, I’m curious.”
Of course, Stracke only had one answer, “I got married, and my ex-husband, he did well.” From her own perspective, it seems the success of her ex-husband is enough to explain her wealth after they divorced in 2017.
Stracke’s ex-husband, Thibeault “Christian” Stracke, who she married in 2000, is the Executive Vice President and Co-Head of Credit Research at a fixed-income fund management company PIMCO since 2008. Before that, he used to work as a senior credit strategist at CreditSights and also was associated with Deutsche Bank & Commerzbank.
The pair met as teenagers before reconciling later.
Photo Credit: Stefanie Keenan, WireImage
As is evident, he’s been dealing with money for a long time now, and it’s expected for him to have earned quite a lot in the decades he’s been dealing with it. His yearly salary is mentioned to be well over $200,000, but that’s a value normal even for his subordinates. His is high enough to have splashed $7 million back in 2012 for the Bel Air mansion she’s currently moving out of.
For Those Who Don’t Know: ‘RHOC’s Gina Kirschenheiter’s Ex-Husband Matt Used to Be a PIMCO Employee
The pair’s divorce was finalized in 2017, and while the divorce arrangements are yet to be known, it seems she got the house as part of the settlement, but she intends to finally move on from the past, after the tours she’s given. But it seems she had no idea she’d get such a lot from the divorce.
What Stracke Thinks of Rinna’s Shoutout about Her Money
It feels like Lisa Rinna is more proud of Christian’s success than Sutton herself as she’s made it abundantly clear he has a lot of money to own baseball clubs (yes, plural). “Sutton’s ex-husband’s into hedge funds, who knows, like money stuff,” Rinna blurted out in a confessional. “When they divorced, Sutton had no idea she’d be set for life. Because there are homes, private jets and I think there’s a baseball team. Or two. Or more. I don’t know. She has a lot of f**king money.”
Sutton has three teenage children with Christian.
Photo Source: Sutton Stracke Instagram
Sutton later talked about how she is uncomfortable with talking about her money and what she believes is the reason Lisa was too vocal about it. “The money part was uncomfortable. But, like me being on a [charity] board or something like that, that’s really nice,” she told The Daily Dish about Lisa’s comments. “But, I think, she’s just kind of counting me as [the] real deal. I am very uncomfortable talking about finances.”
Regardless, she thinks highly of Lisa for her forwardness. “She does not bulls**t. And I really like that about her,” she said. Also note that Sutton has three kids with Christian, daughter Porter, 17, and sons Philip, 15, & James, 12.
Selling Her Extravagant Bel Air Mansion Isn’t a Setback, Which Still Doesn’t Do Justice to Her Net Worth
Sutton Stracke has taken viewers into her Bel Air home for quite a few times, and there are a lot of places to look. The closet was impressive with the shoes for every kind of occasion, handbags, jewelry and especially the tiaras from Dolce & Gabbana for if she ever has a bad hair day. A second closet was full of couture, like the one from Dolce & Gabbana again.
The bedroom, kitchen and such were all impressive and all, and she had plans for more remodeling, but it seems all of the arrangement is not going to be the same once it’s sold. She listed the mansion for sale in mid-June 2020 with Michael Mahoney of Keller Williams Beverly Hills, with a price tag of $8.95 million. That’s $1.95 million more than what the Strackes paid for in 2012, according to realtor.com.
According to Bravo, her house is as Southern as she is.
Photo Credit: Joel Danto, Danto Photography
Willing to lose 6,627 square feet of living space isn’t a setback for her at all costs. The money is coming to her, but it’s unclear when she’ll be moving out of the house. She does own an estate in Augusta, her hometown, and a three-bedroom apartment in New York if she decides to retain her current estates.
The value she’s looking for the mansion clearly doesn’t underestimate her net worth value to $2 million. But the official word is yet to come out. It should sell first. As a sidenote, she is currently dating Mahoney.
Entering Entrepreneurship with a Fashion Boutique in 2019
Observing Stracke’s closet is enough to let anyone know how passionate she is about fashion, and with her net worth, it is fitting for her to enter the business world with which she is glamorous. She launched her own fashion boutique in West Hollywood in 2019 called The Sutton Concept. Of course, the entire The Real Housewives of Beverly Hills cast was there.
However, she says it was not her idea in the first place as she’d been pushed to do it by her friends for a long time now. That includes Rinna, and Domenico Dolce & Stefano Gabbana are probably really happy & excited for her. The boutique is inside a 1920s bungalow nestled behind trees and Ivy on North Almont Drive, which she bought after her separation from Christian in 2016.
Well, almost the entire cast.
Photo Credit: Stefanie Keenan, Getty Images
Sutton plans to swap out most everything in the store every three months, almost like a gallery. A couture gown by August Getty is likely one of the star items there. “I wanted to combine all the things that I love, which is fashion, art, decor, all in one place,” she told ET in October 2019. She also said she’s never had plastic surgery, not even Botox.
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Money’s all well and good, but she has ambitions nobler than flaunting her riches. She says she joined RHOBH to give a purpose to her life after the divorce, more than just being a stay-at-home mom.
“I needed to be a role model for my daughter,” she said on the Reality Life with Kate Casey podcast. “Like come on, get yourself together and start doing something for yourself to make her proud. And actually, my boys, too, they always wanted to know what I did all day. And it was like nothing. Like go to the gym. I don’t know.”