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OTRC: Bethenny Frankel denies inflating Skinnygirl cocktail income

Bethenny Frankel appears in an undated photo from her official website. (Bethenny.com / Playground Magazine / Tracy Toler)

Bethenny Frankel has final spoken up against claims that she grossly inflated her Skinnygirl cocktail acquisition payday.

This week, The Huffington Post reported that Frankel received $8.1 million selling her Skinnygirl cocktail line to Beam Global in March 2011, as opposed to the previously reported $120 million. An accusation which the reality star and Beam Global has since denied.

"It's completely inaccurate," Frankel told The Hollywood Reporter of the reports. "I've never wanted to discuss my net worth, but I've been quite successful. I would never allow my fans to believe something that wasn't true."

Frankel could not confirm the sale price due to a non-disclosure agreement, but laughed off the paltry figure reported recently, adding, "Frankly, I'm going to pay a lot more than $8.1 million in taxes. Are you really going to trust some blogger sitting in a dark room on his computer?"

Beam Global agreed that the Huffington Post blogger had misunderstood the company's quarterly report, asserting that the number reported related to the "goodwill attributed to the brand and not the purchase price for its acquisition."

Skinnygirl cocktails quickly became the fastest growing spirits brand worldwide, selling one million cases in nine months. The Huffington Post has since issued a correction on their website.

On Thursday, the Bravo network came to the defense of Frankel, who is one of the network's top reality stars, on another controversy when the entrepreneur was accused of lying about being stranded at sea in mid-September.

The 40-year-old said that she, her husband, Jason Hoppy, her therapist and the crew of her current Bravo cable network series, "Bethenny Ever After," were on a sailboat that drifted off course near the coast of Maine. She said they were lost at sea for 20 hours, adding that the GPS system broke and the coast guard had to guide them back to shore.

"It is accurate that Bethenny, Jason and their therapist were stranded at sea when the navigation on their boat broke during a taping for the new season of 'Bethenny Ever After'," a spokesperson for the network told The Hollywood Reporter.

"The Coast Guard referred a private tow vessel who eventually led their boat out," the statement continued."When people see the episode, they will certainly see for themselves that this was very real."

Frankel's account was called into question after a recent interview surfaced with a sailor named Tim Russell, who claimed he was the one who rescued their boat.

Russell told the Jewish Journal that Frankel's therapist contacted him at 5 a.m. that day after the coast guard "suggested they call a tow company as there was no need for them to assist." Russell said the therapist read him the GPS coordinates of their location, indicating that the GPS system was functional.

Prior to starring on her own reality series, Frankel was part of "The Real Housewives of New York City" cast for three seasons. She left shortly before the birth of her daughter Bryn and marriage to husband Jason Hoppy but after ending her friendship with cast member Jill Zarin.

Frankel is a New York Times best-selling author with diet and self-help books like "A Place of Yes" and the Skinnygirl chef recently signed a three-book fiction deal with Touchstone Fireside and is set to release her first fiction book called "Skinny Dipping" next spring.

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