This Is How Karlie Redd Really Makes Her Money
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Reality television stars can stack a lot in the bank, with some household names earning millions a year for their work. Keeping Up With the Kardashians star Kylie Jenner, for example, has a reported net worth of $700 million (Forbes disputed her billionaire status in May 2020), while American Idol alum Simon Cowell has an impressive $600 million in the bank, the outlet noted.
But these television stars, with their luxury homes and expensive lifestyles, often don't rely on just one source of income. Jenner, for example, has no doubt racked up quite a bit from her beauty cosmetics line, spin-off shows, modeling career, and overall social media presence. Similarly, Cowell has dabbled in a bunch of different television series, cementing his fame as a judge on X Factor, America's Got Talent, and Britain's Got Talent.
It's no surprise then, that reality television stars from the wildly popular VH1 series, Love & Hip Hop: Atlanta, also dabble in other businesses or undertakings. Longtime cast member Karlie Redd falls into this camp, as she has capitalized on her fame ever since the show's premiere in 2012. With that in mind, let's check out some examples of Redd's business savvy.
Karlie Redd is a true entrepreneur
New York native Karlie Redd has an impressive net worth of $1.2 million, according to Celebrity Net Worth. A big chunk of Redd's income comes from her role on Love & Hip Hop: Atlanta, as Essence reported in 2018 that she earns $50,000 per season.
However, her sources of income have evolved over the years, with TMZ reporting in 2019 that Redd signed a $300,000 deal with Doc Johnson for a line of sex toys. Not too shabby.
Of course, the reality star also has other sources of income like starring in movies (Pinch, Stolen Lillies, Choices), TV (Saints & Sinners) modeling, and music ventures. She dropped her debut single, "A Girl Has Needs" in 2012, the same year she first starred in LAHHA. It seems that was a busy year for the multi-talented celeb, considering she also began her a hair extensions line, called "Redd Remy Hair," in 2012.
It could be possible that she also cashes in on her big Instagram following, which has reached over 2.2 million fans.
Although the exact details of Redd's earnings from these ventures are unclear, it's obvious she's committed to her career.
Karlie Redd isn't afraid to branch out
Being the business entrepreneur that she is, Karlie Redd has also ventured out into the retail world aside from her sex toy deal. In a March 2020 interview with Rolling Out, Redd delved into her new ventures, which span across coasts and industries. "I have several [Merci] clothing stores in malls here in Atlanta and also LA, etc., and I just opened a medispa in Las Vegas," she said. "We offer cool sculpting, Botox, facials, all the things to help women and men keep themselves looking good. I'm really excited about that. I have also been working on partnering in a restaurant here in Atlanta."
And that's not all. The businessperson is also a licensed sexologist and has a published book. "I used to write my sexual experiences down in a journal," she said about the beginnings of her book, Even Exchange. "It's basically a collection of excerpts from different sexual experiences that I've had throughout my life. It's called 'Even Exchange' because, for me, I want to make sure sex is an even exchange. I'm not getting the short end of the stick. I want to help women and young girls enjoy their sexuality while staying safe."
And perhaps make some cash while she's at it?
Was Karlie Redd's fortune affected by her divorce?
Karlie Redd and her husband of a year, Maurice "Arkansas Mo" Fayne, divorced in June 2020, sparking questions about the state of her finances. "There was no property, debts or children from the marriage," Bossip reported about the exes' divorce settlement.
Although Redd won't get any alimony from the split, Arkansas Mo did agree to transfer the title of his 2019 BMW to her name.
Redd's divorce filing came days after her ex got charged with federal bank fraud for allegedly misusing a $2,045,800 Paycheck Protection Program (PPP) loan he received from the U.S. government. Instead of using the funds to provide coronavirus-related relief to the employees of his trucking business, Flame Trucking, the U.S. Department of Justice claims he spent the dough on "$85,000 worth of jewelry, including a Rolex Presidential watch, a diamond bracelet, and a 5.73-carat diamond ring," People reported. He also allegedly "used the funds to pay $40,000 in child support," the outlet stated.
Honestly, we can't say we're surprised Redd ended the marriage amid this controversy!