What is Phaedra Parks’ net worth? Phaedra Parks is worth $12 million, according to the most recent Celebrity Net Worth estimate. Why is Parks so rich? How does the reality TV star earn her money? In addition to appearing on Bravo’s “Real Housewives of Atlanta,” Phaedra is an entertainment lawyer, mortician, author and entrepreneur.
Phaedra is said to earn $300,000 per year, and in April 2013, Bravo announced that the Phae-Phae would be the subject of her own “Real Housewives” spinoff, the appropriately titled “Rich People’s Problems.”
Phaedra Parks’ net worth of $2 million should help ensure bright futures for her two sons. She and her husband, Apollo Nida, welcomed their second boy on May 8, 2013, roughly three years after the arrival of their first, Ayden. Phaedra Parks seems poised to keep the money rolling in, as she’s a managing partner at the Parks Group, a law firm specializing in “entertainment, intellectual property rights, civil and criminal litigation,” according to her official website. Even if the reality TV thing doesn’t last forever, she’ll always be able to help out entertainers in legal trouble—there’s no shortage of those—and provide consulting services to networks and TV shows, as she’s done for years.
Phaedra Parks’ net worth, while impressive, doesn’t make her the richest cast member on “Real Housewives of Atlanta.” Who is the richest “Real Housewives” star? According to Wetpaint.com, Phaedra comes in third, just behind Kandi Burruss and Porsha Shewart, who are worth $35 million and $22 million, respectively. No matter—Phaedra just needs to sell a few more of her “Donkey Booty” DVDs, and she’ll give those ladies a run for their money.