Here’s How Wendy Williams LOST HER MONEY … This Is Really SAD!!

Followers know The Wendy Williams Present star Wendy Williams for her scorching takes and genuine character that followers love. The truth discuss present ran from 2008 and concluded in 2022, and followers have been inquisitive about Williams’ whereabouts for the reason that present ended. Now, viewers get an in-depth look into Williams’ life with the two-part documentary series, Where Is Wendy Williams? Here’s what to learn about Williams’ wealth and why she claims she has “no money” now.

How did Wendy Williams lose her cash?

Wendy Williams earned over $50,000 per episode with The Wendy Williams Show and as soon as had a web value of round $20,000. However, stories now counsel Williams’ web value is barely $500,000. Within the trailer for Where Is Wendy Williams?, the star claims she has “no money.”

So, what occurred to Williams’ fortune? She doesn’t have entry to her monetary property, making it seem she has no cash. Wells Fargo froze Williams’ accounts in 2022 and petitioned for non permanent monetary guardianship. Wells Fargo claimed that Williams was the “victim of undue influence and financial exploitation” and couldn’t make her personal monetary selections, in keeping with The Hollywood Reporter. Whereas Williams and her authorized group are preventing for her to regain management of her cash, she at the moment doesn’t have entry to the fortune she constructed by the years.

A New York decide appointed guardianship over Williams’ funds in 2022. Then, in March 2022, Bernie Younger, Williams’s former supervisor whom she fired, was put in place as Williams’ guardian. Williams claimed Younger used $10,000 of her cash to pursue guardianship. Right this moment, Sabrina Morrissey serves as Williams’ guardian.

Williams later went on Good Morning America to set the file straight. “When people want control of [your] accounts, they say anything, including something crazy like that about me,” she stated.

Her divorce from her second ex-husband, Kevin Hunter, hit her funds exhausting

Except for Wells Fargo seizing management of her wealth, Wendy Williams spent a lot of money on divorcing her second ex-husband, Kevin Hunter. Hunter and Williams have a son and had been married for 22 years. Sadly, Hunter was having an affair and fathered a toddler together with his mistress, resulting in the top of the wedding in 2019.

Throughout the finalization of the divorce in 2022, Williams and Hunter reportedly selected to forego alimony. However, Williams stored Hunter on her $1 million life insurance coverage coverage and continued to cowl his medical health insurance. The discuss present host additionally gave Hunter $250,000 to discover a new dwelling, and he obtained an undisclosed lump sum of cash from Williams along with a severance cost from Wendy, Inc.

Her son, Kevin Hunter Jr., thinks the folks round her are financially exploiting her

Wendy Williams’ son, Kevin Hunter Jr., doesn’t belief these closest to his mom. He speaks out in The place Is Wendy Williams? about his issues, and he expressed his worries up to now.

“What’s been made more important by the people around her is that while her health may not be great, she needs to keep on earning income, and in my opinion, that should not be a priority at all,” he instructed The Sun in 2023. “And whoever has been hired, they are taking advantage of someone who needs to get better.”

Hunter Jr. spoke candidly about Sabrina Morrissey, Williams’ present guardian. “In terms of who is there now, people have put other things in front of her actually healing and getting better, and unfortunately, unlike many other alcoholics, she is worth a lot more money,” he continued. ” … I don’t know what the last word purpose is for [Morrissey] because the particular person in control of stuff, however there have by no means been articles put out saying [Williams] isn’t OK.”

Parts of this story had been initially reported by Page Six.

The place Is Wendy Williams? premieres Saturday, Feb. 24, 2024, at 8 p.m. ET on Lifetime.

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