Net Worth Ranker
What Is Ree Drummond’s Net Worth?
Ree Drummond, widely recognized as the Pioneer Woman, has an estimated net worth of $50 million. This substantial wealth is a result of her diverse career ventures, which include blogging, authorship, television appearances, and entrepreneurial endeavors. Her husband, Ladd Drummond, is part of the Drummond family, who rank as the 23rd largest landowners in the United States, owning over 400,000 acres of land. However, Ree’s personal net worth is primarily derived from her own professional achievements.
The Pioneer Woman’s Rise to Financial Success
Ree Drummond’s journey to financial success began with her blog, “The Pioneer Woman,” launched in 2006. Initially called “Confessions of a Pioneer Woman,” the blog quickly gained popularity due to her engaging writing style, detailed recipes, and captivating photography. The blog won numerous awards, including top honors at the Weblog Awards and being named Weblog of the Year in 2010. The blog’s success paved the way for other opportunities, including cookbooks, a television show, and retail businesses.
Drummond has authored 15 books, many of which have become bestsellers. Her memoir, “From Black Heels to Tractor Wheels,” which chronicles her transition from city life in Los Angeles to life on a rural ranch in Oklahoma, reached #2 on the New York Times Bestseller List. Other successful books include “The Pioneer Woman Cooks: Food from My Frontier,” “Charlie and the Christmas Kitty,” “The Pioneer Woman Cooks: A Year of Holidays: 140 Step-by-Step Recipes for Simple, Scrumptious Celebrations,” and “Charlie and the New Baby.” These books have contributed significantly to Ree Drummond’s income through royalties and sales.
In 2011, Drummond’s television show, “The Pioneer Woman,” debuted on the Food Network. The show features Ree preparing meals for her family and friends on her Oklahoma ranch. The show has been a consistent ratings success for the Food Network, providing Drummond with a steady income stream through her contract with the network. Although the specific details of her contract are not publicly available, it is likely that she receives a substantial fee per episode, as well as royalties from any merchandise or products associated with the show.
Drummond and her husband, Ladd, opened The Merc, a restaurant and retail store in Pawhuska, Oklahoma, in late 2016. The Merc is located in a renovated 100-year-old building that the Drummonds purchased in 2012. The Merc has become a popular tourist destination, generating revenue through food sales, merchandise sales, and tourism-related activities. In April 2018, the Drummonds opened The Boarding House, a bed and breakfast in downtown Pawhuska. They also opened P-Town Pizza and an ice cream parlor called Charlie’s Sweet Shop, further expanding their retail and hospitality businesses in Pawhuska. These businesses contribute to Ree Drummond’s overall net worth through revenue and profits.
Ree Drummond’s Assets and Investments
While it is difficult to provide specific details about all of Ree Drummond’s assets and investments, it is known that she owns a significant amount of real estate in and around Pawhuska, Oklahoma. In addition to her family’s ranch, she owns the building that houses The Merc, The Boarding House, P-Town Pizza, and Charlie’s Sweet Shop. She also offers tours of The Lodge, the building on her ranch where her photoshoots and television appearances are done. The value of these properties contributes to her overall net worth.
The Drummond family’s land holdings are substantial, but it’s important to distinguish between the family’s overall wealth and Ree Drummond’s individual net worth. While Ree benefits from her family’s resources, her personal net worth is primarily a result of her own career accomplishments. Ladd Drummond’s family operates the Drummond Land & Cattle Co, which was founded by family patriarch Fred Drummond in the late 1800s after he emigrated from Scotland. According to government records, the Drummond company is owned by just four people. Drummond Land & Cattle Co. is a private family-held company of four people that has an annual revenue of $2.5 million. The Drummond Land & Cattle company also collects a check from the U.S. government’s Bureau of Land Management every year. They get around $2 million a year to keep wild horses and burros on their property in order to protect them. Records show that since December 2006, the Bureau of Land Management has paid the Drummond Land & Cattle Co. $23.9 million. It’s important to note that these payments are made to Drummond Land & Cattle Co., not directly to Ree Drummond.
