When thinking about Suzanne Somers, most people recall her iconic roles on television, but her financial success goes far beyond acting. Suzanne Somers net worth is a testament to her diverse career, which expanded into business ventures like the ThighMaster.
Here at PBC, we’re breaking down how she built her wealth, starting with her acting career in Three’s Company and Step by Step. Let’s explore how Suzanne combined her TV success with smart entrepreneurial moves to become a multi-millionaire.
Quick Facts:
| FACT | DETAIL |
|---|---|
| Real Name | Suzanne Marie Mahoney |
| Popular Name | Suzanne Somers |
| Gender | Female |
| Birth Date | October 16, 1946 |
| Age | 76 (at time of death in 2023) |
| Parents | Marion Elizabeth Turner, Francis “Frank” Mahoney |
| Siblings | Three (include Maureen Gilmartin, Daniel Mahoney) |
| Birthplace | San Bruno, California, U.S. |
| Nationality | American |
| Ethnicity | Irish-American |
| Education | Mercy High School, Capuchino High School, San Francisco College for Women (withdrew) |
| Marital Status | Married |
| Spouse | Alan Hamel (m. 1977–2023), Bruce Somers (m. 1965–1968) |
| Children | Bruce Somers Jr. |
| Dating | N/A |
| Net Worth | $100 million |
| Source of Wealth | Acting, ThighMaster, Business Ventures |
| Height | 1.66 m |
What is the Net Worth of Suzanne Somers in 2024?
As of 2024, Suzanne Somers net worth is estimated at $100 million. This impressive fortune was built through a combination of her acting career and successful business ventures like the ThighMaster. Suzanne played a key role in shaping her financial success, even after leaving Three’s Company. She leveraged her fame and entrepreneurial spirit to build a long-lasting legacy.
Here are some names related to her career:
- Alan Hamel
- John Ritter
- Three’s Company
- Step by Step
- ThighMaster
- Bruce Somers Jr.
- ABC Network
- Columbia Pictures Television
- Playboy
- Palm Springs Estate
For more insights into other actors’ wealth, check out how top-earning actors build their fortunes.
Salary and Finance Overview
How She Built Her Wealth through Acting and Business Ventures
Suzanne Marie Mahoney made her first significant financial strides through acting, landing the role of Chrissy Snow in the hit series Three’s Company. The show was a massive success, and Suzanne became a household name. Initially, she earned $5,000 per episode, but by the fifth season, her salary had increased to $30,000 per episode. However, she later demanded a salary comparable to her co-star, John Ritter, which led to her departure from the show. This move temporarily stalled her acting career but set the stage for her to venture into other profitable areas.
While her acting roles in Step by Step and other projects helped maintain her financial status, it was her business ventures, particularly the ThighMaster, that added significantly to her wealth. The ThighMaster became a sensation, generating over $100 million in sales. Suzanne’s ability to market and promote this product was a key factor in her financial growth beyond television.
Income from the ThighMaster and Business Ventures
The ThighMaster, an exercise device that Suzanne Somers became synonymous with, was a goldmine. Despite not owning the product outright, she played a crucial role in its marketing, turning it into a pop culture phenomenon. The product’s success, driven by Suzanne’s charm and business savvy, continues to generate income even after its peak popularity. Beyond the ThighMaster, Suzanne ventured into other businesses, including health and wellness products, books, and television hosting gigs. Each of these contributed to her long-term financial stability.
Television Career Highlights and Salary Disputes
Suzanne Somers’ role in Three’s Company was undoubtedly her most iconic. However, her demand for equal pay to her male co-star, John Ritter, caused friction with the show’s producers. After her departure, she found it challenging to secure roles in the early 1980s, but she eventually returned to television with She’s the Sheriff and later Step by Step, which aired for seven seasons. Her earnings from these roles, while substantial, never matched the scale of her business ventures.
Achievements and Awards That Boosted Her Industry Value
Suzanne’s acting career earned her a Golden Globe nomination for Three’s Company. She also won the title of Female Entertainer of the Year in Las Vegas during the 1980s, proving that her talents extended beyond the screen. These accolades enhanced her marketability, making her a recognizable face across multiple industries, which in turn boosted her ability to command high salaries and brand deals.
Real Estate Investments and Their Financial Impact
Suzanne was not just an actress and entrepreneur; she also made strategic real estate investments. Her Palm Springs Estate, which she and her husband Alan Hamel sold for $8.5 million, contributed significantly to their financial portfolio. Suzanne’s knack for making sound financial decisions in real estate mirrored her business success, further solidifying her financial legacy.
Her Influence in Popular Culture and Long-Term Financial Growth
Beyond her acting and business ventures, Suzanne Somers became a pop culture icon. Shows like South Park and Beavis and Butthead referenced her frequently, keeping her name in the public eye. This ongoing cultural relevance helped her maintain financial stability even as she transitioned away from acting into business and wellness ventures.
Partnerships and Collaborations That Boosted Her Earnings
Suzanne’s long-lasting partnership with her husband, Alan Hamel, played a key role in her financial success. Together, they made savvy business decisions that kept her wealth growing even after her television career slowed down. Alan, who also had a career in television, worked closely with Suzanne to ensure their investments, including real estate and business ventures, were profitable.
FAQs about Suzanne Somers
What was her most famous role?
Her most famous role was Chrissy Snow in the hit television series Three’s Company.
Who was her husband?
She was married to Alan Hamel, her long-time business partner and supporter.
Did she have children?
Yes, she had one son, Bruce Somers Jr.
What other TV shows did she appear in?
In addition to Three’s Company, Suzanne appeared in Step by Step and She’s the Sheriff.
What business ventures was she involved in?
Suzanne Somers was notably involved in promoting the ThighMaster, which became a massive financial success.
Conclusion:
Suzanne Somers left an indelible mark not only as an actress but also as a savvy businesswoman. For more insights into her financial legacy and other celebrities, visit pennbookcenter.com. Let’s keep the conversation going—feel free to leave your thoughts in the comments!
