Yolanda Hadid wears a lot of hats and pulls them off with ease. The former supermodel and mother of Gigi, Bella, and Anwar Hadid has earned a fortune worth millions of dollars.
With reality shows and mentorship responsibilities under her belt, this Real Housewives of Beverly Hills star’s fortune is growing by the day.
Starting From Scratch With $55
Yolanda van den Herik, Hadid’s birth name in the Netherlands, was Yolanda van den Herik, and she came from a poor household. Hadid’s father died when she was seven years old, forcing her to become the family’s provider. It was because of this tragic reality that she decided to join Ford Models at the age of 16.
Her contract took her to Paris and Milan, and her mother handed her a hundred guilders when she moved to New York City. It seemed like a lot to Yolanda, but it was just $55.
Hadid walked across the city looking for employment with nothing but her guts and a paper map, staying in “model homes,” which are similar to hostels for aspiring models.
Despite the fact that Hadid did not belong in the city, she believed it was her destiny to be there. She attempted to make the best of her situation.
Hadid quickly secured tasks and made considerable money thanks to his sheer desire and positive work ethic. She moved to Los Angeles and bought an apartment for herself after keeping a track of every thousand dollars she made. For someone who had previously conserved every dime, it was a first significant splurge.
Hadid paid off the debt and became the sole owner of the house over time. She would sell her apartment for a large profit a few years later, turning her spending into an investment. She has made a number of wise investments since then.
Marriages in the Public Eye
Hadid married Mohamed Hadid, a real estate billionaire from Beverly Hills who is known for creating opulent mansions and awe-inspiring hotels in Los Angeles, in 1994.
They have three children together, Gigi, Bella, and Anwar, all of whom went on to become glamor icons in their own way. Their marriage lasted only six years before ending in divorce in the year 2000.
In 2011, Hadid married Grammy-winning music producer David Foster for the second time. In 2017, the couple divorced.
The couple was said to have struck a tough patch. Many people assumed that Hadid’s Lyme disease was one of the causes of their breakup.
Yolanda’s Millionaire Method
Hadid’s net worth was estimated to be $45 million at the time of her divorce from Foster. It included her modeling earnings, a six-figure salary from Real Housewives of Beverly Hills, and a sizable divorce settlement from her ex-husband Mohamed.
Hadid’s journey into the television world has also paid off. Her work on Vanderpump Rules, The Real Housewives of New York City, Project Runway, and Making a Model with Yolanda Hadid has earned her praise. These initiatives allow Hadid to supplement her income with royalties.
Hadid also makes a decent living with her alternative medicine business. Hadid used a combination of prescription pharmaceuticals and natural therapies to help her recover from Lyme disease.
Hadid invested in the organic products market because she believed they were better for her. Her real estate investments have also proven to be profitable. After owning a fancy home in Los Angeles for a year, Hadid sold it for a whopping $5 million in 2017.
Despite the fact that Hadid has left the television profession, her supermodel children continue to shine in their respective fields, she leaves a legacy of financial wisdom.
If you ask her, investing is always preferable to spending.