Suzanne Somers’ Financial Journey: How ‘Three’s Company’ Star Built a $100 Million Empire

Suzanne Somers, a name synonymous with 1970s television, didn’t just stop at being a beloved actress. Over the decades, she transformed her on-screen success into a multifaceted empire, culminating in an impressive net worth of $100 million by 2023.

Let’s journey through her remarkable career, from her iconic role in ‘Three’s Company’ to her ventures with the ThighMaster and beyond.

Early Life and Initial Struggles

Born Suzanne Marie Mahoney on October 16, 1946, in San Bruno, California, Somers faced numerous challenges in her early years. Growing up in a tumultuous household, she battled dyslexia and the repercussions of an abusive, alcoholic father. These adversities, however, only fueled her determination to succeed.

Breakthrough with ‘Three’s Company’

In 1977, Somers landed the role of Chrissy Snow on the hit sitcom ‘Three’s Company.’ Her portrayal of the bubbly, naive blonde quickly made her a household name. At the peak of the show’s popularity, she earned $30,000 per episode. However, seeking pay parity with co-star John Ritter, she requested a raise to $150,000 per episode. The producers declined, leading to her departure from the show in 1981.

The ThighMaster Phenomenon

Undeterred by her exit from ‘Three’s Company,’ Somers ventured into the fitness industry in the early 1990s. She became the spokesperson for the ThighMaster, an exercise device designed to tone the thighs. The product became a cultural phenomenon, selling millions of units and significantly boosting her financial portfolio.

Authorship and Literary Success

Somers also made her mark as a prolific author, penning over 25 books. Her works spanned various genres, including health, wellness, and memoirs. Notably, several of her books became New York Times bestsellers, further cementing her status as a wellness guru and adding to her wealth.

Entrepreneurial Ventures

Beyond acting and writing, Somers showcased her entrepreneurial spirit through various business endeavors:

  • Skincare and Beauty Products: She developed a line of organic skincare products, tapping into the growing demand for natural beauty solutions.
  • Dietary Supplements: Capitalizing on her health advocacy, she introduced a range of supplements aimed at promoting wellness.
  • Home Goods: Somers expanded her brand to include home products, often featuring them on shopping networks, which became a significant revenue stream.

Return to Television with ‘Step by Step’

In 1991, Somers returned to the small screen with the sitcom ‘Step by Step,’ co-starring Patrick Duffy. The show enjoyed a successful seven-season run, introducing her to a new generation of viewers and solidifying her place in television history.

Las Vegas Residency and Live Performances

Showcasing her versatility, Somers took to the stage in Las Vegas, earning the title of Las Vegas Entertainer of the Year. Her performances combined singing, comedy, and storytelling, drawing in audiences and adding another facet to her illustrious career.

Advocacy for Alternative Medicine

A vocal proponent of alternative medicine, Somers often shared her personal health journeys, including her battle with breast cancer. She advocated for holistic approaches to health, influencing many to explore alternative treatments and further establishing her authority in the wellness community.

Real Estate Investments

Somers and her husband, Alan Hamel, made strategic real estate investments over the years. Their properties, including a lavish Palm Springs estate, not only provided luxurious living spaces but also appreciated in value, contributing to their substantial net worth.

Legacy and Passing

On October 15, 2023, Suzanne Somers passed away peacefully after a prolonged battle with breast cancer, just a day before her 77th birthday. Her legacy as an actress, entrepreneur, and health advocate remains influential, with her financial achievements standing as a testament to her resilience and business acumen.

Conclusion

Suzanne Somers’ journey from a sitcom sweetheart to a business mogul is nothing short of inspiring. Her ability to reinvent herself, coupled with her entrepreneurial spirit, allowed her to amass a net worth of $100 million by 2023. Her story serves as a powerful reminder that with determination and adaptability, one can turn challenges into opportunities and build an enduring legacy.

FAQs

1. What was Suzanne Somers’ net worth at the time of her passing?

At the time of her passing in 2023, Suzanne Somers had an estimated net worth of $100 million.

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