What Is Sutton Stracke’s Net Worth?
Sutton Stracke, a prominent figure in American reality television, social circles, and business, has accumulated a net worth estimated at $50 million. This financial standing is primarily attributed to her business ventures and her high-profile presence on “The Real Housewives of Beverly Hills.”
Career and Business Ventures Contributing to Sutton Stracke’s Net Worth
Sutton Stracke gained widespread recognition after joining the cast of “The Real Housewives of Beverly Hills.” Initially a “Friend” of the cast in Season 10, she transitioned to a “Main” cast member in Season 11, which premiered in May 2021. Her role on the show has significantly boosted her visibility and, consequently, her business endeavors.
Beyond her television career, Stracke owns a fashion boutique named “The Sutton Concept,” located in West Hollywood. This boutique features pieces from local designers like Amber Sakai and Monica Mahoney, establishing Stracke as a supporter of emerging talent. The boutique also functions as an event space, hosting revolving galleries and various social gatherings, adding another dimension to her business model.
Before venturing into reality television and retail, Stracke held positions in the arts and culture sector. In New York City, she served as an associate director of development at the Cunningham Dance Foundation, where she focused on fundraising efforts. Later, back in her native Georgia, she took on the role of executive director of the Augusta Ballet. These early career experiences laid the foundation for her later entrepreneurial pursuits and her understanding of high-end clientele.
Financial Disclosure and Divorce Settlement
From 2000 to 2016, Sutton was married to Christian Stracke, a financier and managing director, as well as the global head of the credit research group at PIMCO (Pacific Investment Management Company), a Newport Beach-based investment firm managing over $2.2 trillion in assets. According to Sutton, she was unaware of the full extent of their wealth until divorce proceedings commenced. This revelation occurred during the full financial disclosure process, as she stated in an interview on “Watch What Happens with Andy Cohen,” “It’s true because he was in charge of the finances, I didn’t know everything. So when you do the full disclosure and get everything, I was like, ‘What?” The assets included minor league baseball teams and a timber company, which surprised Sutton, underscoring the complexity of her financial affairs.
Real Estate Holdings and Transactions
In 2012, Christian and Sutton Stracke jointly purchased a home in Bel Air for $7 million. Following their divorce, Sutton retained ownership of this property. In June 2020, she listed the Bel Air home for sale with an asking price of $9 million. By October 2020, she accepted an offer of $7.7 million for the property.
In the same month that she sold the Bel Air residence, October 2020, Sutton Stracke acquired another Bel Air mansion for $5.4 million, indicating a strategic reinvestment of her real estate assets. Beyond her Bel Air properties, Sutton also maintains ownership of an estate in her home state of Georgia and a three-bedroom condominium in New York City, further diversifying her real estate portfolio.
Early Life and Education
Born on September 20, 1971, in Augusta, Georgia, Sutton Stracke’s early life was influenced by her father, an architect, and her mother, a social worker employed by the VA. After graduating, she moved to New York City to pursue her passion for ballet.
During her formative years, Sutton attended Converse College in Spartanburg, South Carolina. This educational experience likely contributed to her understanding of arts and culture, which played a role in her later career choices.
Personal Life and Media Appearances
In 2000, Sutton Stracke married Christian Stracke, whom she had known since they were students at a fine arts high school in Augusta, Georgia. The couple has three children: a daughter named Porter and two sons, Philip and James. The marriage ended in divorce in 2016.
Following her divorce, Sutton dated Sanjit Das, an attorney and former “Jeopardy!” contestant, whom she met through the dating app Bumble. This relationship garnered media attention due to Stracke’s celebrity status and Das’s background.
In 2022, Sutton Stracke made her acting debut in an episode of the second season of the television series “Chucky.” This foray into acting demonstrates her willingness to explore different avenues within the entertainment industry and expand her public persona.