‘RHOC’ Star Shannon Beador Just Won a Million Dollar Settlement, So Why Is She Still Broke

ORANGE COUNTY, CALIFORNIA: “Real Housewives of Orange County” star Shannon Beador is struggling financially, which is another example of her facing a difficult situation. It seems that Shannon has difficulty managing her finances and often finds herself in difficult situations. Interestingly, the Bravo star has a net worth of $20 million and received a lump sum of $1.4 million as part of her 2019 divorce settlement from ex-husband David Beador.

Shannon comes from a wealthy background, particularly on her mother’s side, and enjoys Bravolebrity status, which contributes to her wealth. She spent her childhood in Rancho Santa Fe, one of the wealthiest communities in America. However, rumors suggest that Shannon does not have access to her family’s trust or has limited access to it. Despite her considerable wealth, she appears to be facing financial difficulties. A clear example of this is the fact that she borrowed $75,000 from her ex-boyfriend, John Janssen, allegedly to finance a facelift. Although someone as wealthy as Shannon should be able to repay that amount, she claims the money was gifted to her. Now the Bravo celebrity is being sued for reimbursement. On the Oct. 10 episode of “The Real Housewives of Orange County,” Shannon admitted that she needed the money at that time. It seems her extravagant spending habits have finally caught up with her.

Shannon Beador’s Boyfriend John Janssen Broke Up After Almost 4 Years Together (Instagram/@shannonbeador)

‘RHOC’ Star Shannon Beador Could Have Done More Than Just a Facelift With $75,000

“RHOC” star Shannon claims the $75,000 she borrowed for a facelift was intended to repay her expenses during the early years of her relationship with John. However, John describes it as a loan, meaning Shannon could be legally obligated to repay it.

Notably, a facelift typically costs around $10,000, suggesting that Shannon could have used the remaining funds for other expenses. Although she did not reveal what she spent the rest on, she admitted to using $40,000 of the loan.

‘RHOC’ Star Shannon Beador Claims She Borrowed $75,000 From John Janssen For Facelift (Instagram/@shannonbeador)

Shannon Beador has trouble managing her money and has bad lawyers

As the alleged loan affair makes headlines, it’s clear that Shannon is struggling to manage her money. In addition to receiving a lump sum of $1.4 million from her divorce settlement, she was awarded a 10-year settlement for $10,000 per month in child and spousal support.

Despite John’s significant wealth, Shannon believes his divorce lawyer mishandled his case, leading her to sue him. Rumors also emerged regarding his spending on expensive rental properties. This suggests that although Shannon is short on cash, she has significant assets.

Although ‘RHOC’ Star Shannon Beador May Be Cash Poor, She Has Significant Assets (@bravo)

‘RHOC’ Star Shannon Beador Invested Heavily in Her Business

The ‘RHOC’ beauty reportedly invested heavily in her businesses. As the founder and CEO of Real for Real, a brand offering healthy and natural body products, she faced challenges in financial performance. It appears that she has spent significant amounts of money on her business, hoping to make future profits that have not yet materialized.

‘RHOC’ star Shannon Beador reportedly invests heavily in her businesses (Instagram/@shannonbeador)

“The Real Housewives of Orange County” airs Thursdays at 9 p.m. ET on Bravo.