Elizabeth Vargas net worth has become one of the most talked-about topics among Bravo fans and entertainment followers alike, especially after her appearances on The Real Housewives of Orange County and Selling The OC. Known for her sharp wit, her candid personality, and her journey from a modest upbringing to multi-millionaire status, Elizabeth Vargas has built a financial profile that reflects decades of hard work, smart business decisions, and a life-changing divorce settlement. This article takes a deep dive into her career, her business ventures, and the many factors that have shaped her wealth over the years.
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Elizabeth Vargas Net Worth Overview
Understanding Elizabeth Vargas net worth requires looking beyond a single number. Estimates vary depending on the source, with figures ranging anywhere from $3 million to $32 million, and the difference largely comes down to timing and which income streams are being counted. Earlier estimates placed her closer to the lower end, reflecting her salary from her journalism career, while more recent figures account for her divorce settlement, her ownership stake in Edge Music Network, and her growing business empire. Regardless of which estimate is used, one thing is clear: Elizabeth Vargas has successfully built a diverse financial portfolio that extends far beyond reality television.
It’s worth noting that there is often confusion between two public figures sharing a similar name. Elizabeth Vargas, the longtime ABC News anchor, is a completely different person from Elizabeth Lyn Vargas, the reality television personality who rose to fame on RHOC. While both women share a first and last name, their career paths, income sources, and net worth figures are entirely separate. This article focuses primarily on Elizabeth Lyn Vargas, the Real Housewives of Orange County star, while acknowledging the background of the journalist who shares her name.
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Early Life and Education
Elizabeth Lyn Vargas grew up as a Missouri native in a household where money was often tight. Her father worked as a traveling preacher, meaning the family moved frequently and rarely had financial stability. This upbringing shaped her drive to eventually build her own wealth rather than rely solely on inherited or marital resources.
For her formal education, Elizabeth attended Cornish College of the Arts, where she majored as a jazz vocalist. Her artistic background later played a role in her entrepreneurial ventures, particularly in the music industry. She even ran her own dinner theater, known as the Vargas Girls Cabaret, which gave her early exposure to entertainment production and business management long before she became a household name on reality television.
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Career Beginnings in Journalism
Before delving further into her business ventures, it’s important to distinguish her from the journalist Elizabeth Vargas, whose career began at KOMU-TV before moving to WBBM-TV in Chicago. That Elizabeth Vargas transitioned to NBC News in 1993, working as a correspondent for Dateline NBC, and later joined Good Morning America as a newsreader in 1996. She would go on to anchor World News Tonight Sunday and eventually co-anchor 20/20, earning an Emmy Award along the way for her coverage of major news events. While this journalism career is separate from the reality star’s story, it frequently appears in searches related to Elizabeth Vargas net worth, making it a relevant point of clarification for readers researching both individuals.
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Rise to National Television Fame
Elizabeth Lyn Vargas’ rise to fame took a very different path. Rather than working her way up through a traditional news career, she built her public profile through her marriage, her business ventures, and eventually her appearance on reality television. Her story became widely known when Bravo introduced her to audiences during RHOC season 14, where fans quickly became curious about the smart blonde newcomer and her extraordinary lifestyle.
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Transition to Reality TV and RHOC
Elizabeth’s debut on The Real Housewives of Orange County immediately captured attention. During her premiere episode, filmed at her beach house, she opened up about her divorce from Bernt Bodal, the former CEO of American Seafoods, to whom she had been married for seventeen years. Fans learned that Bodal had fathered a child with another woman during their marriage, which ultimately led to their split. Elizabeth’s now-famous tagline, “I earned my money the old-fashioned way, marrying it, then making more,” became an instant fan favorite and perfectly captured her approach to wealth and independence.
She joined the main cast for RHOC season 15, though she appeared for only that single season before producers decided to revamp the show’s lineup ahead of season 16. Despite her relatively short tenure as a full-time cast member, Elizabeth remained a memorable personality, and she later made a special guest appearance in season 18, episode 6, titled “All Up In Gina’s Grill,” where she spent time with fellow cast members Gina, Emily, Heather, and Shannon at her La Quinta home.
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Life After RHOC
After stepping away from her main cast role, Elizabeth didn’t disappear from the spotlight. She resurfaced on Selling The OC, where she was shown touring a luxurious property, further boosting public interest in her finances and lifestyle. Her continued presence across Bravo’s extended universe of shows has kept her relevant among reality television audiences, and each appearance tends to reignite curiosity about Elizabeth Vargas net worth and how she continues to grow her wealth outside the confines of a single reality series.
Business Ventures and Income Sources

One of the biggest contributors to Elizabeth Vargas net worth is her entrepreneurial spirit. Unlike many reality stars whose wealth is tied primarily to television paychecks, Elizabeth has built multiple business ventures that generate independent income.
Vargas Vodka
Among her most notable projects is Vargas Vodka, a spirits brand she launched as part of her broader business portfolio. This venture reflects her willingness to diversify her income streams and build a personal brand that extends beyond her reality television persona. Launching a beverage brand requires significant capital and marketing investment, and Elizabeth’s ability to successfully bring this product to market speaks to her business acumen.
Edge Music Network
Elizabeth also serves as CEO of Edge Music Network, an online music video company that she has described as a modern digital version of MTV. This role connects back to her educational background as a jazz vocalist and her earlier contract with Eagle Rock Entertainment, a company that owns rights to concerts and documentary films. Her savvy negotiation skills reportedly led to a deal with Universal Music Group, which significantly boosted her estimated worth. Through Edge Music Network, Elizabeth has positioned herself at the intersection of entertainment and digital media, an industry that continues to grow and evolve.
Beyond these two ventures, Elizabeth has also expanded into social media influencing and podcasting. She has built a following of over 221,000 people on Instagram and launched her own podcast, The Vibe Talks, further diversifying her income and public presence. These digital ventures, while perhaps smaller in scale compared to her vodka brand or music network, contribute to the overall picture of Elizabeth Vargas net worth by demonstrating her ability to monetize her personal brand across multiple platforms.
Divorce Settlement and Financial Growth
Perhaps the single largest factor influencing Elizabeth Vargas net worth is her divorce from Bernt Bodal. The couple married in 2000 and divorced in 2020, following revelations about Bodal’s affair and the child he had with another woman during their marriage. At the time of their split, financial records reportedly showed a significant income disparity between the two, with Elizabeth earning around $1,721 per month while Bodal, as CEO of American Seafoods, was making approximately $86,955 per month, with an overall net worth of around $200 million.
Following the divorce, Elizabeth reportedly began receiving an estimated $31,000 per month in spousal support. This figure includes an $11,368.09 monthly mortgage payment for her $5 million Newport Beach property, along with additional monthly payments covering two vehicles, a Range Rover and a Bentley. Bodal is also required to disclose any bonus income he receives and share 37.7 percent of that amount with Elizabeth, ensuring her financial stability continues to grow in line with his own earnings.
This settlement dramatically changed her financial trajectory. Where earlier estimates of Elizabeth Vargas net worth hovered closer to $3 million, more recent figures following the divorce and her business successes place her net worth at approximately $30 million to $32 million. This significant jump illustrates how impactful the settlement, combined with her business ventures, has been on her overall wealth.
Real Estate and Lifestyle
Elizabeth’s real estate history also plays a role in understanding her broader financial picture. In 2008, she and Bernt Bodal purchased a luxury property in La Quinta, California, for $3.5 million. The couple later sold this home in July 2020 for $8.5 million, generating a substantial profit that further contributed to the wealth she carried into her post-divorce life.
Today, Elizabeth resides in a $5 million property in Newport Beach, a location that has become closely associated with her Real Housewives persona. Her lifestyle, complete with luxury vehicles and a beachfront residence, reflects the financial security she has built through both her settlement and her independent business ventures.
Personal Life and Relationships

Beyond her career and finances, Elizabeth Vargas net worth discussions often intersect with curiosity about her personal life. She does not have children, but she shares her home with a Siberian Husky named Coda, who has become something of a fan favorite during her time on the show. Her breakthrough into the Bravo universe came through her friendship with fellow cast member Kelly Dodd, with the two having spent considerable time together on the Newport Beach social scene prior to Elizabeth joining the show.
In terms of romantic relationships following her divorce, Elizabeth was previously linked to real estate mogul Mauricio Umansky, the former husband of Real Housewives alum Kyle Richards. The two were spotted together at the Stagecoach 2025 festival in Indio, California, with Umansky even sharing a photo of the pair on his Instagram Stories. She has also been romantically linked to Jim Bellino, the ex-husband of fellow Housewives alum Alexis Bellino, though both parties denied any romantic involvement, with Elizabeth clarifying that the two simply shared a meal as friends.
What’s Next for Elizabeth Vargas
As Elizabeth Vargas continues to expand her business portfolio through Vargas Vodka, Edge Music Network, and her growing social media presence, her overall net worth is likely to continue climbing. Her appearances on Selling The OC suggest she remains connected to the Bravo universe, even without a full-time Housewives role, and her willingness to explore new ventures indicates she isn’t slowing down anytime soon.
Whether through savvy business deals, continued reality television appearances, or her ongoing spousal support arrangement, Elizabeth Vargas net worth remains a dynamic and evolving figure. Her story serves as a reminder that financial success can come from multiple directions, whether through marriage, entrepreneurship, or reinvention in the public eye. As she continues to build her brand across music, spirits, and social media, fans and financial observers alike will likely keep a close eye on how her wealth continues to grow in the years ahead.
Frequently Asked Questions About Elizabeth Vargas Net Worth
What does Elizabeth Vargas do now?
Elizabeth Vargas currently serves as a news anchor for NewsNation, hosting Elizabeth Vargas Reports from New York City, following her 14-year run at ABC News anchoring 20/20.
Is Elizabeth Vargas sober?
Yes, Elizabeth has openly discussed her alcohol use disorder and recovery journey, now celebrating 10 years of sobriety.
What does Elizabeth Lyn Vargas do for a living?
Elizabeth Lyn Vargas works as CEO of an online music company, balancing her business ventures with her outspoken presence on reality television.
Did Elizabeth Vargas date Michael Douglas?
Yes, Elizabeth Vargas was romantically linked to actor Michael Douglas in the 1990s before he began dating journalist Maureen Dowd.
Is Marc Cohn still married to Elizabeth Vargas?
No, Marc Cohn and Elizabeth Vargas divorced in 2014, shortly after she completed her third stint in alcohol rehabilitation.

I am M Hasnain, a celebrity researcher and digital content writer with over 2 years of hands-on experience covering celebrity net worth, biographies, height, age, and lifestyle facts. I am the founder and lead author of NetworthOra.com, where I publish in-depth, fact-checked profiles on public figures from the entertainment.
