‘RHOP’: What is Karen Huger’s Net Worth and How She Makes her Money
The Real Housewives love to flaunt their cash. From the houses to the expensive trips, its all about who has what and who has more. The Real Housewives of Potomac are no different. The women are constantly talking about money and judging the ones who don’t have it.
One housewife who has had a lot of drama and intrigue surrounding her financial situation is Karen Huger. So what actually is Huger’s net worth and how does she make her money?
What is Huger’s net worth?
From the beginning of the show, Huger flaunted herself as the richest housewife on the cast, calling her husband Raymond the “black Bill Gates.”
According to Celebrity Net Worth, Huger is worth $10 million.
How does she make her money?
Most of Huger’s money comes from her husband. Raymond worked for IBM as an Area Staff Director and Regional Manager for 25 years. He oversaw the operations for several IBM branch offices. He took his company, Paradigm, from a startup to a certified success, making more than $60 million in sales annually.
The company went public in 2004 and Ray sold it to a government contractor called CACI.
Huger also makes money from her fashion and beauty company, Ikon Enterprises, and is a public speaker.
Huger’s money troubles
In July of 2017, Huger made headlines when it came out that she and her husband were in millions of dollars of debt.
According to The Washington Post, the Hugers owed $1.5 million in back federal taxes and Raymond’s company owed more than $3 million.
These reports caused a lot of drama between Huger and the rest of the women on the cast because Huger always acted like she was financially stable.
The housewife addressed the issue on season three of the show.
“Read my f—— lips: I don’t owe anybody anything,” she told her castmate Robyn Dixon. “Do your case search. Miss Karen owns nobody. Please do a public record search on me. Karen is debt-free and loaded. … Don’t come to my table talking some b——-.”
These rumors of financial troubles caused the women of Potomac to wonder if that was the real reason that the Hugers sold their home for $1.685 million when it was actually listed at $2.5 million.
Moving back to Potomac
Huger claims that she moved away from the wealthy area code in order to help her parents.
“I moved to Great Falls [in Virginia] for my parents,” she recently told Page Six. “Both of them were suffering from Alzheimer’s and dementia and are now deceased.”
Now, she is ready to move back and become the Grand Dame of Potomac once again.
“It’s time to close that chapter and move on,” she continued. “I am house hunting in Potomac, of course returning to 20854 [area code] makes sense, that’s where our friends, family and loved ones are.”T
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