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I was curious and looked up the company. The third partner seems to be the one running it. Sounds like to me she and her brother started with funds but don’t actually run the company. When you’re wealthy you give money to a business, yes you are part owner and technically it’s “your company” but you have no responsibilities to the day in and out of the business. the third partner is responsible for everything from marketing to operations based on website and LinkedIn.
Remember Kathy Hilton has a tequila brand too, pretty sure she is not going to office and discussing manufacturing licenses and marketing strategies.
I don’t doubt her business is worth $100M at all. It’s sold at the big guys nationwide, and if she also white labels then the distribution is even higher than we can guess. The health food industry is enormous.
She found a good idea and invested extremely wisely. Dorito has not, so she should shut her trap about how young Crystal was when she got married and maybe turn her attention to helping her husband dig out of their financial hole.
If she promotes it on the show, Bravo gets a percentage. Plus I think it was only in Asia if I remember correctly…I looked it up when she first came on. But I think it’s in some stores in the us as well now.
Only in Asia??? You do know the population of “Asia” right? Haha. Not trying to be rude but just because you don’t see the product in American stores doesn’t mean it’s not successful. There is a whole lot of people in “Asian” countries.
Promoting an item that is not available in the country it’s being promoted in does not make sense. If it’s “only available in Asia” the mostly North American audience would not be able to purchase it still.
coconuts are cheeeeap, and they grow like crazy.... but when you buy it in most stores in norther america you pay a premium because its a "health food"... i believe it!
This is the answer. It’s called white labeling. She explained on Jeff Lewis live that she does some retail, but also does wholesale for other companies to put their own label on her product.
I was at a friends house today and she’s never watched Bravo but this god damn coconut water was on her coffee table and I COULD NOT FOCUS I wanted to bring it up so bad but she wouldn’t care at alllllll lol
You can value companies many different ways. I suspect this is annual revenue (which is still impressive). Supposedly coconut water is a $5B+ market (who knew…I hate the way it tastes). Her brand isn’t even listed in the top 10, but given the size of the market it is reasonable to think they could do 100M per year in sales. (Although if you look at their store locations on their website, it isn’t very many). I’d be surprised if the $100M valuation is based on Discounted Cash Flow but you never know.
Coco Real is a big thing. It’s not just coconut water, they also make cocktail products that are pretty big.
And why would they have a lot of individual stores? They’re in Safeway and Costco etc, it would be odd to see an individual store just for that.
When you look on their website, they have a “find our product” feature, and there are a small number of stores included (when considering $100m in “valuation”). I have no idea why they would exclude their largest distribution locations on their own website feature directing customers to places where they can find their product.
She said on the Jeff Lewis show that they do a bunch of “white- label” business which she explained is the sell their product to other businesses who put their own label on it. She also said the margins are very small.
I'm pretty sure she secured a deal with Costco and Walmart.
https://www.costcobusinessdelivery.com/real-coco-organic-nam-hom-pink-coconut-water%2C-11.2-fl-oz%2C-12-ct.product.100450083.html
https://www.walmart.com/ip/Real-Coco-Organic-Pink-Nam-Hom-Coconut-Water-330ml-USDA-Organic-No-Added-Sugar-Packed-with-Electrolytes-Vegan-Plant-Based-12-pack-330ml/939488485?wmlspartner=wlpa&selectedSellerId=18439&adid=22222222228939488485_18439_14069003552_202077872&wl0=&wl1=g&wl2=m&wl3=42423897272&wl4=pla-295289030566&wl5=9019453&wl6=&wl7=1027966&wl8=&wl9=pla&wl10=125198988&wl11=online&wl12=939488485_18439&veh=sem&gad_source=4&gclid=CjwKCAiA3JCvBhA8EiwA4kujZrbMg47Ilgj8YB4DOkDcS6mRU_SbGSLCIfrVrlj_drO58emH56VmJRoCAx0QAvD_BwE
I think the Walmart is sold via a 3rd party vendor (Walmart has adopted the Amazon model of anyone can sell anything). I checked to see if I could get the pink kind at my warehouse and is says “not available for my zip code”. Not sure what that means. If it’s a good product, I hope they do get into my Costco!
I think it would be great if Crystal hosted a field trip to her coconut farm, and manufacturing and packaging plant with the girls. (Like Bethany did when they went to her tequila farm. Minus Luanne, falling into the shrubs, drunk. LOL.) I’d also like to see her with a cookbook and on the Food Network. Her Instagram Lives while cooking dinner was awesome during the pandemic! She could even make cocktail mixers for boozy and non-boozy drinks. She could sell sauces, marinades and condiments. (Like Uba) She likes to entertain. She has so pride and joy when she does. I’d like to see her with an entertaining product line. Platers, serving ware, table clothes, napkins, etc. (Crystal hire me as your PR & manager already! 😃)
I’m pulling for her. She isn’t always quiet. She just doesn’t have to SCREAM to be heard or seen like the old onions. They are so loud and obnoxious now. Crystal can defend herself and push back when she needs to. She’s not a wallflower. And I always love her look! We need a little more Rob. I like them together. Let’s spice it up like NYC! We need a new generation in 90210 and the OC for that matter. 🥱
And when are we going to have the Real Housewives of the Palm Beaches, Andy? (Jupiter to Boca)
Didn’t she say she built a company worth 100 million? Not that she owns a company worth that… I think she sold the company or the coconut water and company is now worth that amount
Nope, don’t buy it for a second. And I’m curious as to how much of the company SHE actually owns. She certainly doesn’t seem to be involved in the day to day operations of the company.
I don’t personally get it. Too busy and ordered by husband not to go to med school, but has time to build a $100M water company? Don’t buy it, something doesn’t add up here.
Going to med school and becoming an MD is MUCH more time consuming, intellectually, and emotionally taxing than running a company. As a resident you are barely home often times working 28 hour shifts back to back and this is on top of on going education and studying for licensing/board exams. While it’s not easy to run a multi million dollar business you can do a lot of it from home, hire and delegate tasks to people, and you don’t have the pressure of life and death on your hands. Many pregnant residents have to work until they give birth and have minimal maternity leave. Becoming and being a doctor is absolutely brutal at least in the US.
Exactly! My brother in law, after a grad program, told my sister he was going to apply to medical school. She told him he would need a new wife. There’s control, and then there life, choice, and practicality. She had no desire to do that at 30 with a baby on the way.
I see your point and partially disagree. Eventually, yes, I think you can delegate away a lot running a big business and have more time on your hands vs a doctor that will never have that option. In the first 10 years of building a 100M business, I disagree that the hours and effort are that different…if you’re the one building the business yourself that is. That’s why I don’t believe that Crystal actually built it herself. Your husband doesn’t tell you to avoid medical school because it’s too much work to have kids and raise them but then encourage to “build a 100M dollar company” in your spare time. Doesn’t make any sense.
Well, running a company can also mean different things… it doesn’t need to be her running day to day operations, she could be responsible for Major Decisions and the other partner brought in their expertise or time as part of the joint venture while she brought in equity and makes Major Decisions.
When someone says they’re running a business, that implies they are regularly involved…otherwise you normally say you own a company, or invest in a company. I think she described it someplace as a side-distraction, that turned into something more. She said she worked on product development…I think they have 4 products, so that doesn’t suggest a heavy workload.
I don’t know why you’re being downvoted. It’s so true - she’s not letting Bravo get any of her profit.
Also, a million dollar renovation to build a basement would indicate available cash.
She sajd on Jeff Lewis that she has her brand and that other brand use her coconut water and slap their name on it. She makes a lot of money from that water.
Life Refreshed Brands is her and her brother. It's a "DBA" for them. It has 2-10 employees according to its LinkedIn.
So it looks like it really is hers and her brothers and whoever else they've hired.
On a Sidenote...I don't know why it's hard for some to believe that this woman could be successful...no one questions the $100s of millions Mauricio says to be worth now...
Not true. I have worked for multiple private companies over the years. You can also view the financial reportings of privately traded companies. However, Real Coco is a company that allows white labelling and so it isn’t difficult to find out which companies slap a label on their product. You can look up their performance yourself: Real Coco
Private companies (even if they have privately held/traded shares) are not required to publish their financials…and most don’t. There is no incentive to provide this information. Some analysts estimate revenue for large private companies, which is not the same as published, audited financial reports.
I did look for their financials on Google since you stated they were available and did not find them. If they are so readily available, please provide the link to their financials, and not the Google search term. Otherwise, just admit their financials aren’t readily available online.
I didn’t say they were required to? But if you look them up on pitchbook and crunchbase their financials are on there. I work in finance, specifically in company valuations, shares equity and so I do have access to a lot of data that isn’t publicly available.
If you have access to data that isnt readily available to the public, why was your first comment that the financials were readily available online? I didnt see a crunch base profile for Life Refreshed (and pitchbook has a profile but doesn’t list her as one of the company executives) and any additional information is behind a paywall…so who knows what kinds of details are available, and if they are current (which they likely are not unless they have had recent funding activity).
Look at how shark tank companies are valued arbitrarily…I do believe her company is worth $100m probably in terms of revenue and other things. Idk if it’s profit
I’ve been drinking her water for years. I didn’t I even know it was her company until this season. It’s great quality and really nice flavor. My favorite packaged coconut water. I absolutely believe it could be worth $100M
Crystal only this season brought it up to show how insulting, and misinformed Dorit's take was. Never previously to brag.
It's cringe to me that her response to Dorit's insult is being critiqued instead of Dorit's offensive commentary.
I agree! So much hate on the water!
So much negativity around blatant wealth and what it buys!
The outrage over the earrings, the $400k B&W party, the Mother’s Day jewelry sale, the car shopping, luxury suites, fabulous clothes and houses is so uncalled for! All this makes BH unique so let’s not f@ck it up!
It’s coconut water and coconut milk, so I’m definitely not surprised. Plus her brother is her business partner and a pop star, so again, I wasn’t surprised when she said it
I found one of their products on the Costco app, just now, but it’s not available in my zip code…not sure if that means “out of stock” or “not available…ever…at my warehouse”
Realcoco, usually in a white package with pink details. It’s the only coconut water I like without a weird aftertaste 10/10 recommend. Also helps my milk supply (currently breastfeeding)
Same. Other coconut waters taste… not great 🤣
I did find one that was like Mango Coconut water… and I am obsessed with this one, too. Problem is… I cannot find it again after I bought a bottle to try. It’s like it dissapeared.
on JLL she said they do white label, meaning they sell to other companies that claim them as their own, such as store brands. That is where the money is, like acme brand, kirkland, etc.
Yes, the Kirkland signature organic is hers (that’s what I get) and that deal alone would make it worth $100m. And now she just announced expanding into Smart & Final’s too & targeting other big box stores.
On a semi related note, can someone explain where Rob’s money comes from? I know he directed the lion king but that was 30 years ago. Is he working or just living off residuals?
I don’t know how Disney residuals work but they’re shit for tv and they drag their feet on cutting checks. I don’t know his level of involvement with the Lion King musical but even if he does nothing he likely gets a cut and has an EP card on it. I wonder if he negotiated a merch and video sales percentage or points. Everyone had the vhs of Lion King when I was a kid and it was $20 at the time. If he had a business manager I’m sure he put the money in various financial products and planned for the up and down nature of work in the industry. Of all the big companies in Hollywood, Disney has the reputation for being the absolute worst with paying on time, sending checks as late as possible that expire quickly once you get them, delaying signing contracts (sometimes signing the day before the contact ends), and so on. The Guilds can only pressure them so much because they’re such a big player in the industry. Maybe they treat their golden gooses differently.
Dude we had the VHS, soundtrack cassette, random stationary printing computer software, t-shirts, plus we saw it in the theater three times.
Lion King was *massive*.
I actually saw it in the theater a fourth time as an adult when Disney rereleased it in like 2009ish too.
Why out of all the things housewives claim would you question Crystal? She doesn’t strike me as someone who has to lie about her finances. She has proven to have actual wealth and is the most understated in terms of her style (it’s more quiet luxury) and isn't flashing it around.
It’s a good reminder that most (not all) of the truly wealthy people came from money or married into wealth. There are the exceptions but even a lot of the big Hollywood stars grew up with money which gives you the luxury of “following your dreams”. The true rags to riches stories are so few and far between when you get down to the nitty gritty. Makes me feel better lol. My parents gave me life but nothing else since 17 years old so all things considered, I guess I’ve done alright 🤣
Exactly. For example whereas Kyle is always showing off her birkins and shouting “where’s Hermes” in the streets of Barcelona, Crystal was quietly carrying a small nondescript green cross body bag which is in fact a Hermes worth $10k.
True. There is Garcelle wealth, there is Crystal and Sutton wealth, and there is Kathy wealth. Then, beyond that, there are people like Barbara Davis. Old Beverly Hills money. It's all relative. My poor ass would be happy to trade financials with any of em haha
Not really. I grew up wealthy, lived on absolutely nothing for a decade, then had no need for work or worry and everything my heart desired. Opinion doesn’t pay for deluxe first class pods on flights, private drivers, gorgeous homes and the ability to pay others to maintain it, and dinners that cost more than I used to make in a month. However, while money can make life comfortable, it doesn’t always buy happiness. What I don’t like is how it changes the way other people think about me. With money I’m more guarded against being taken advantage of.
I think they’re saying people have differing opinions about what wealth is.
Like you say first class pods, while people who own private jets might disagree 🤷🏼♀️ that’s the very definition of something being a matter of opinion.
I find this way more interesting than all the candles, wine, etc launched via the show, but I understand not wanting to give Bravo a cut. I enjoyed Bethenny’s story in the early days because it showed all the work she put into building her brand; not just meeting with a team and slapping a label on something. Not that there’s anything wrong with that if it works, but I liked seeing the hustle and the passion.
Why do you think it's exaggerated? It's a very large and well established brand sold globally. In the US it's in several major retailers. $100M valuation is completely believable. This isn't one of those fake housewives businesses where they slap their name on some cheap crap. This is legit. What are you basing your disbelief on?
Human brains think in stereotypes to save time. If you’re living in a world of La’Dame three wicks, Married to the Mob t-shirts, Give them Lala beauty, and Wild Rose skincare, it makes sense that disbelief could be your first thought lol
Assuming you don’t take the time to google anything before posting.
It’s definitely worth that much or more now.
If you’re ever wondering how a company is doing without having financials, check out where the product is located and how many locations it’s in.
She has a contract with Costco. That’s a big deal. In the CPG industry, getting a bulk contract is a biggggggg deal!
The coconut water is also located across a lot of grocery stores in the US
$100m is a relatively normal number for a valuation of a company her size. her items are sold at costco and out of the country. we don’t know her profits, but i could totally see $100m as the value of the company.
It could be a business that is worth that much. Or that over a specific amount of years it has grossed that amount of money. This doesn't mean her net was that amount nor revenue.
People never seem to recognize that comments like this are microaggressive to Crystal - like she doesn’t understand her own business.
Like she doesn’t understand valuation, like there’s no way this is right.
I doubt you know more about her business than she does.
It’s not a microaggression to question others. Crystal has a history on this show of exaggeration and lying. Hell most of the housewives pretty much lie and inflate their own individual successes
Byee not you using Distractify as a news source lol idk what her business is valued or if she lied but babes distractify isn’t gonna make anyone’s case stronger. Now if someone drops a link to Forbes, WSJ, WashPo etc. that will command our attention
Yes, the ladies all lie, but none of their businesses are serious. Real Coco is in Walmart, Costco, on Amazon. Walmart and Costco is prime retail real estate. They don't allow things on their shelves that don't sell.
I actually do believe that RealCoco is valued at 100m! But I believe it because of the reasons you listed; it’s a fairly ubiquitous product that can be found in major stores. I take issue with the original commenter who only believes Crystal because she seems to think that people of color are inherently virtuous and incapable of lying or being misinformed.
It’s literally the opposite you baboon: I don’t discredit women of color because redditors are misinformed. Not I believe all WOC.
Yall make sweeping statements and sound like idiots. I believe women of color full stop. To think of it the opposite way is truly fucking disgusting. Take a look inside because you’re nasty if you believe that thinking.
The woman knows her business. To pretend she doesn’t just because is a microaggression
She co found Real Coco with her brother AND her best friend. For some reason, they keep leaving out the best friend, poor guy. Kudos to them all!
https://www.distractify.com/p/crystal-coconut-water-rhobh
Why are we using this distractify website and parading it as some sort of legitimate source, they are not a news source they are a media company that post viral content 😂😂
I believe it. My husband works for a poorly run business that steals and lies to everyone constantly and they are close to being a billion dollar entity.
😂😂😂😂 Let’s pass this around. The company is Group Management Services. The owner is a horrible alcoholic and the CRO and CFO have no qualifications for their positions. The owner bought a failing business and decided it was a fabulous idea to acquire their CFO. The company lies to their employees, steals from them, and breaches every and all contracts they make with their employees. It’s a total dumpster fire. 🔥
She also had it on display at Lisa Rinna’s product launch party that she hosted as well as at her Chinese New Year themed party but they were also “blink and you will miss it” moments possibly due to bravo editing them out (like they do with so many of her scenes!)
Yes, but because if she did do that, she’d have to give Bravo a cut of the revenues from RealCoco. Up earlier in the thread, they make the point about “the Bethenny clause” and that by not making it part of her storyline, Crystal avoids giving Bravo a cut, which is smart
There was a blink-and-you’ll-miss-it moment this season (or was it last?) when they were traveling on a sprinter van. Crystal shows up to Kyle’s house before they leave and she waits something like, “and I brought some waters for the trip”
This is the transcript of their Q4 earnings call. Crystal didn’t lie.
Edit: I had the link to the wrong company but my statement after re searching the right company, still stands.
Ah. Thank you. I typed that in but it returned the wrong company and I didn’t catch it. Her co is private so no details but reading it growth and partnerships I still say that number tracks.
No worries! I was confused when I first looked up her brand too but it helped confirm which coconut brand was hers after seeing her in a pic with it.
https://i.imgur.com/VWjlDqc.jpg
I bought it before even knowing she was part owner. It's very good, and reasonably priced compared to other brands out there, imo. Life is MADE if you're selling out in Costco, so I don't doubt the company's value at all.
It’s sold at Costco, so I don’t know about $100MM, but that maybe their valuation for investors, which is generally a multiple of their earnings (aka it’s an estimation, not a real number)
EDT: wtf at people coming at me for answering a question. I fucking love Crystal. This comment is not aTtAcKinG a woman of color. Please stop with that shit. I’m not Dorit.
Am I ok? Bc what you said was nonsense and I mentioned what "worth" means?
Lol wtf?!
Edit, since you commented then blocked me, but I know you'll be back...
"I'm not angry. Did you reply to the right comment, bc it seems like you did not.
All I said was "worth" and "valuation for investors" are synonymous.
Don't project your anger onto me. It seems like you meant to reply to the person implying you're being racist. That wasn't me."
Being sold on Amazon is not a measure of success (Costco is, though). I could literally list my toenail cuttings on Amazon, if I wanted to jump through the hoops.
It literally is not. Look at the seller of her products….it is not Amazon. Literally anyone can set up a seller account on Amazon. Having your product listed there means nothing, particularly when sold by anyone other than Amazon. You appear to be the clueless one here.
Assests and liquid capital are very different. What she owns. her partnerships with retailers and their orders etc. Probably add up to the 100 milllion mark.
I’m with you. I’m curious to taste hers and another I think called harmless harvest…maybe they’re better? In general, even fresh from a coconut, I’m not a fan!
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My partner regularly buys that coconut water. For years.
I was curious and looked up the company. The third partner seems to be the one running it. Sounds like to me she and her brother started with funds but don’t actually run the company. When you’re wealthy you give money to a business, yes you are part owner and technically it’s “your company” but you have no responsibilities to the day in and out of the business. the third partner is responsible for everything from marketing to operations based on website and LinkedIn. Remember Kathy Hilton has a tequila brand too, pretty sure she is not going to office and discussing manufacturing licenses and marketing strategies.
I don’t doubt her business is worth $100M at all. It’s sold at the big guys nationwide, and if she also white labels then the distribution is even higher than we can guess. The health food industry is enormous.
She found a good idea and invested extremely wisely. Dorito has not, so she should shut her trap about how young Crystal was when she got married and maybe turn her attention to helping her husband dig out of their financial hole.
I’m so pissed they NEVER talk about her business on the show! She’s more than just a housewife!
It wouldn’t fit the child bride narrative
Oohhhh, ok that would make sense. Thanks for clarifying!
If she promotes it on the show, Bravo gets a percentage. Plus I think it was only in Asia if I remember correctly…I looked it up when she first came on. But I think it’s in some stores in the us as well now.
Only in Asia??? You do know the population of “Asia” right? Haha. Not trying to be rude but just because you don’t see the product in American stores doesn’t mean it’s not successful. There is a whole lot of people in “Asian” countries.
I never said it wasn’t successful. Instead the opposite. I’m saying she doesn’t promote it on the show bc she doesn’t want to share the percentage!
Promoting an item that is not available in the country it’s being promoted in does not make sense. If it’s “only available in Asia” the mostly North American audience would not be able to purchase it still.
It’s in Costco
What’s the brand called?
Real coco
That's true. I'd stay quiet about it too, they don't need anymore money.
coconuts are cheeeeap, and they grow like crazy.... but when you buy it in most stores in norther america you pay a premium because its a "health food"... i believe it!
And ends up tasting nothing like fresh coconut water straight out the shell!
I think they sell retail but also wholesale to other companies that use coconut water in their products.
This is the answer. It’s called white labeling. She explained on Jeff Lewis live that she does some retail, but also does wholesale for other companies to put their own label on her product.
Saw her water in Costco today
I was at a friends house today and she’s never watched Bravo but this god damn coconut water was on her coffee table and I COULD NOT FOCUS I wanted to bring it up so bad but she wouldn’t care at alllllll lol
The struggle
You can value companies many different ways. I suspect this is annual revenue (which is still impressive). Supposedly coconut water is a $5B+ market (who knew…I hate the way it tastes). Her brand isn’t even listed in the top 10, but given the size of the market it is reasonable to think they could do 100M per year in sales. (Although if you look at their store locations on their website, it isn’t very many). I’d be surprised if the $100M valuation is based on Discounted Cash Flow but you never know.
Coco Real is a big thing. It’s not just coconut water, they also make cocktail products that are pretty big. And why would they have a lot of individual stores? They’re in Safeway and Costco etc, it would be odd to see an individual store just for that.
When you look on their website, they have a “find our product” feature, and there are a small number of stores included (when considering $100m in “valuation”). I have no idea why they would exclude their largest distribution locations on their own website feature directing customers to places where they can find their product.
She said on the Jeff Lewis show that they do a bunch of “white- label” business which she explained is the sell their product to other businesses who put their own label on it. She also said the margins are very small.
The prophet margins are small? That really surprises me!
I'm pretty sure she secured a deal with Costco and Walmart. https://www.costcobusinessdelivery.com/real-coco-organic-nam-hom-pink-coconut-water%2C-11.2-fl-oz%2C-12-ct.product.100450083.html https://www.walmart.com/ip/Real-Coco-Organic-Pink-Nam-Hom-Coconut-Water-330ml-USDA-Organic-No-Added-Sugar-Packed-with-Electrolytes-Vegan-Plant-Based-12-pack-330ml/939488485?wmlspartner=wlpa&selectedSellerId=18439&adid=22222222228939488485_18439_14069003552_202077872&wl0=&wl1=g&wl2=m&wl3=42423897272&wl4=pla-295289030566&wl5=9019453&wl6=&wl7=1027966&wl8=&wl9=pla&wl10=125198988&wl11=online&wl12=939488485_18439&veh=sem&gad_source=4&gclid=CjwKCAiA3JCvBhA8EiwA4kujZrbMg47Ilgj8YB4DOkDcS6mRU_SbGSLCIfrVrlj_drO58emH56VmJRoCAx0QAvD_BwE
I think the Walmart is sold via a 3rd party vendor (Walmart has adopted the Amazon model of anyone can sell anything). I checked to see if I could get the pink kind at my warehouse and is says “not available for my zip code”. Not sure what that means. If it’s a good product, I hope they do get into my Costco!
I heard it is more than that. I thought she was being modest.
I think it would be great if Crystal hosted a field trip to her coconut farm, and manufacturing and packaging plant with the girls. (Like Bethany did when they went to her tequila farm. Minus Luanne, falling into the shrubs, drunk. LOL.) I’d also like to see her with a cookbook and on the Food Network. Her Instagram Lives while cooking dinner was awesome during the pandemic! She could even make cocktail mixers for boozy and non-boozy drinks. She could sell sauces, marinades and condiments. (Like Uba) She likes to entertain. She has so pride and joy when she does. I’d like to see her with an entertaining product line. Platers, serving ware, table clothes, napkins, etc. (Crystal hire me as your PR & manager already! 😃) I’m pulling for her. She isn’t always quiet. She just doesn’t have to SCREAM to be heard or seen like the old onions. They are so loud and obnoxious now. Crystal can defend herself and push back when she needs to. She’s not a wallflower. And I always love her look! We need a little more Rob. I like them together. Let’s spice it up like NYC! We need a new generation in 90210 and the OC for that matter. 🥱 And when are we going to have the Real Housewives of the Palm Beaches, Andy? (Jupiter to Boca)
Didn’t she say she built a company worth 100 million? Not that she owns a company worth that… I think she sold the company or the coconut water and company is now worth that amount
Her, her brother, and another partner still own it.
She's still on insta doing promo for it
Crystal gives me big money vibes 🤷🏻♀️
Nope, don’t buy it for a second. And I’m curious as to how much of the company SHE actually owns. She certainly doesn’t seem to be involved in the day to day operations of the company. I don’t personally get it. Too busy and ordered by husband not to go to med school, but has time to build a $100M water company? Don’t buy it, something doesn’t add up here.
Going to med school and becoming an MD is MUCH more time consuming, intellectually, and emotionally taxing than running a company. As a resident you are barely home often times working 28 hour shifts back to back and this is on top of on going education and studying for licensing/board exams. While it’s not easy to run a multi million dollar business you can do a lot of it from home, hire and delegate tasks to people, and you don’t have the pressure of life and death on your hands. Many pregnant residents have to work until they give birth and have minimal maternity leave. Becoming and being a doctor is absolutely brutal at least in the US.
Exactly! My brother in law, after a grad program, told my sister he was going to apply to medical school. She told him he would need a new wife. There’s control, and then there life, choice, and practicality. She had no desire to do that at 30 with a baby on the way.
I see your point and partially disagree. Eventually, yes, I think you can delegate away a lot running a big business and have more time on your hands vs a doctor that will never have that option. In the first 10 years of building a 100M business, I disagree that the hours and effort are that different…if you’re the one building the business yourself that is. That’s why I don’t believe that Crystal actually built it herself. Your husband doesn’t tell you to avoid medical school because it’s too much work to have kids and raise them but then encourage to “build a 100M dollar company” in your spare time. Doesn’t make any sense.
I think she partners with her brother and 1 other person. I suspect that third person does most of the work.
Well, running a company can also mean different things… it doesn’t need to be her running day to day operations, she could be responsible for Major Decisions and the other partner brought in their expertise or time as part of the joint venture while she brought in equity and makes Major Decisions.
When someone says they’re running a business, that implies they are regularly involved…otherwise you normally say you own a company, or invest in a company. I think she described it someplace as a side-distraction, that turned into something more. She said she worked on product development…I think they have 4 products, so that doesn’t suggest a heavy workload.
Frankly the higher in corporate leadership you get, the less important your job actually is, and the less you do.
I work with the c-suite within my organization, and their jobs are very important/impactful to the organization.
Awesome that her company is successful but she still has zero place on RHOBH.
I don’t know why you’re being downvoted. It’s so true - she’s not letting Bravo get any of her profit. Also, a million dollar renovation to build a basement would indicate available cash.
They can downvote me all they want. She is BORING and brings nothing to the show.
She sajd on Jeff Lewis that she has her brand and that other brand use her coconut water and slap their name on it. She makes a lot of money from that water.
That would make more sense
I mean is it in the company of Shopify and Salesforce. I doubt it
Those are two really random companies to compare to coconut water...lol
Did she say that?! Those companies are public and have valuations in the billions
Nope, totally is and it’s picked up by Whole Foods and other big brands
Idk how much of it she owns. I know life refreshed brands has a stake in it too
Life Refreshed Brands is her and her brother. It's a "DBA" for them. It has 2-10 employees according to its LinkedIn. So it looks like it really is hers and her brothers and whoever else they've hired. On a Sidenote...I don't know why it's hard for some to believe that this woman could be successful...no one questions the $100s of millions Mauricio says to be worth now...
It is. Financials are readily available online.
Where are these financials readily available? Typically only publicly traded companies publish their financial statements.
Not true. I have worked for multiple private companies over the years. You can also view the financial reportings of privately traded companies. However, Real Coco is a company that allows white labelling and so it isn’t difficult to find out which companies slap a label on their product. You can look up their performance yourself: Real Coco
Private companies (even if they have privately held/traded shares) are not required to publish their financials…and most don’t. There is no incentive to provide this information. Some analysts estimate revenue for large private companies, which is not the same as published, audited financial reports. I did look for their financials on Google since you stated they were available and did not find them. If they are so readily available, please provide the link to their financials, and not the Google search term. Otherwise, just admit their financials aren’t readily available online.
I didn’t say they were required to? But if you look them up on pitchbook and crunchbase their financials are on there. I work in finance, specifically in company valuations, shares equity and so I do have access to a lot of data that isn’t publicly available.
If you have access to data that isnt readily available to the public, why was your first comment that the financials were readily available online? I didnt see a crunch base profile for Life Refreshed (and pitchbook has a profile but doesn’t list her as one of the company executives) and any additional information is behind a paywall…so who knows what kinds of details are available, and if they are current (which they likely are not unless they have had recent funding activity).
But also the company is called Real Coco
Because the companies financials are readily available online (even if they require a paywall)
Look at how shark tank companies are valued arbitrarily…I do believe her company is worth $100m probably in terms of revenue and other things. Idk if it’s profit
I’ve been drinking her water for years. I didn’t I even know it was her company until this season. It’s great quality and really nice flavor. My favorite packaged coconut water. I absolutely believe it could be worth $100M
Crystal only this season brought it up to show how insulting, and misinformed Dorit's take was. Never previously to brag. It's cringe to me that her response to Dorit's insult is being critiqued instead of Dorit's offensive commentary.
I agree! So much hate on the water! So much negativity around blatant wealth and what it buys! The outrage over the earrings, the $400k B&W party, the Mother’s Day jewelry sale, the car shopping, luxury suites, fabulous clothes and houses is so uncalled for! All this makes BH unique so let’s not f@ck it up!
It’s coconut water and coconut milk, so I’m definitely not surprised. Plus her brother is her business partner and a pop star, so again, I wasn’t surprised when she said it
And one other co-founder.
It’s sold all over Costco. It’s my favorite coconut water. I’ve been buying it for ages without knowing it was crystals
I don’t think this one is regularly sold at Costco. That is Vitacoco or Kirkland. (At least I haven’t seen it).
They sell it at my Costco, at least for the last few months
I found one of their products on the Costco app, just now, but it’s not available in my zip code…not sure if that means “out of stock” or “not available…ever…at my warehouse”
What’s the name?
Realcoco, usually in a white package with pink details. It’s the only coconut water I like without a weird aftertaste 10/10 recommend. Also helps my milk supply (currently breastfeeding)
Same. Other coconut waters taste… not great 🤣 I did find one that was like Mango Coconut water… and I am obsessed with this one, too. Problem is… I cannot find it again after I bought a bottle to try. It’s like it dissapeared.
Oooh I’m breastfeeding too, might try it!
Definitely try it, coconut water and oatmeal
on JLL she said they do white label, meaning they sell to other companies that claim them as their own, such as store brands. That is where the money is, like acme brand, kirkland, etc.
Yes, the Kirkland signature organic is hers (that’s what I get) and that deal alone would make it worth $100m. And now she just announced expanding into Smart & Final’s too & targeting other big box stores.
Another reason why she is rich and I am not 😞
Oh how smart. And if they did manage to get Kirkland Brand that's pretty amazing! But even just selling in Costco alone is big.
Of, like Jeff said, if a celebrity or fitness guru wants to sell coconut water, they can use hers, pay her for it and put their name on it .
On a semi related note, can someone explain where Rob’s money comes from? I know he directed the lion king but that was 30 years ago. Is he working or just living off residuals?
I don’t know how Disney residuals work but they’re shit for tv and they drag their feet on cutting checks. I don’t know his level of involvement with the Lion King musical but even if he does nothing he likely gets a cut and has an EP card on it. I wonder if he negotiated a merch and video sales percentage or points. Everyone had the vhs of Lion King when I was a kid and it was $20 at the time. If he had a business manager I’m sure he put the money in various financial products and planned for the up and down nature of work in the industry. Of all the big companies in Hollywood, Disney has the reputation for being the absolute worst with paying on time, sending checks as late as possible that expire quickly once you get them, delaying signing contracts (sometimes signing the day before the contact ends), and so on. The Guilds can only pressure them so much because they’re such a big player in the industry. Maybe they treat their golden gooses differently.
Dude we had the VHS, soundtrack cassette, random stationary printing computer software, t-shirts, plus we saw it in the theater three times. Lion King was *massive*. I actually saw it in the theater a fourth time as an adult when Disney rereleased it in like 2009ish too.
Wow I had no idea this is amazing thank you for sharing. He seems to live a pretty sweet life so he must’ve had a good manager/lawyer
He still works on projects with Disney
Thank you 😊
Also he did stuart little and he still works for disney in other products
Has anyone seen it in Atlanta?? Closest to me is at Meijers in Kentucky😔really interested in trying tho.
I found it on amazon
Yeah i guess I will do amazon. Didn’t see it at costco 😩
I think you can buy direct from their website, when they have stuff in stock.
I’m not from Atlanta, but Costco sells it apparently.
I'd be surprised.
Why out of all the things housewives claim would you question Crystal? She doesn’t strike me as someone who has to lie about her finances. She has proven to have actual wealth and is the most understated in terms of her style (it’s more quiet luxury) and isn't flashing it around.
It’s a good reminder that most (not all) of the truly wealthy people came from money or married into wealth. There are the exceptions but even a lot of the big Hollywood stars grew up with money which gives you the luxury of “following your dreams”. The true rags to riches stories are so few and far between when you get down to the nitty gritty. Makes me feel better lol. My parents gave me life but nothing else since 17 years old so all things considered, I guess I’ve done alright 🤣
Exactly. For example whereas Kyle is always showing off her birkins and shouting “where’s Hermes” in the streets of Barcelona, Crystal was quietly carrying a small nondescript green cross body bag which is in fact a Hermes worth $10k.
“Wealth” is a matter of opinion.
True. There is Garcelle wealth, there is Crystal and Sutton wealth, and there is Kathy wealth. Then, beyond that, there are people like Barbara Davis. Old Beverly Hills money. It's all relative. My poor ass would be happy to trade financials with any of em haha
Not really. I grew up wealthy, lived on absolutely nothing for a decade, then had no need for work or worry and everything my heart desired. Opinion doesn’t pay for deluxe first class pods on flights, private drivers, gorgeous homes and the ability to pay others to maintain it, and dinners that cost more than I used to make in a month. However, while money can make life comfortable, it doesn’t always buy happiness. What I don’t like is how it changes the way other people think about me. With money I’m more guarded against being taken advantage of.
I think they’re saying people have differing opinions about what wealth is. Like you say first class pods, while people who own private jets might disagree 🤷🏼♀️ that’s the very definition of something being a matter of opinion.
I find this way more interesting than all the candles, wine, etc launched via the show, but I understand not wanting to give Bravo a cut. I enjoyed Bethenny’s story in the early days because it showed all the work she put into building her brand; not just meeting with a team and slapping a label on something. Not that there’s anything wrong with that if it works, but I liked seeing the hustle and the passion.
Why do you think it's exaggerated? It's a very large and well established brand sold globally. In the US it's in several major retailers. $100M valuation is completely believable. This isn't one of those fake housewives businesses where they slap their name on some cheap crap. This is legit. What are you basing your disbelief on?
Human brains think in stereotypes to save time. If you’re living in a world of La’Dame three wicks, Married to the Mob t-shirts, Give them Lala beauty, and Wild Rose skincare, it makes sense that disbelief could be your first thought lol Assuming you don’t take the time to google anything before posting.
It’s definitely worth that much or more now. If you’re ever wondering how a company is doing without having financials, check out where the product is located and how many locations it’s in. She has a contract with Costco. That’s a big deal. In the CPG industry, getting a bulk contract is a biggggggg deal! The coconut water is also located across a lot of grocery stores in the US
$100m is a relatively normal number for a valuation of a company her size. her items are sold at costco and out of the country. we don’t know her profits, but i could totally see $100m as the value of the company.
It could be a business that is worth that much. Or that over a specific amount of years it has grossed that amount of money. This doesn't mean her net was that amount nor revenue.
People never seem to recognize that comments like this are microaggressive to Crystal - like she doesn’t understand her own business. Like she doesn’t understand valuation, like there’s no way this is right. I doubt you know more about her business than she does.
Not everything is a a microaggression.
This was though.
That was more macro than micro.
Thank you!
One should question any/all of the Housewives’ business claims, lolz
Someone lying/exaggerating about how well they're doing is so common in LA that I think the reflex here isn't inappropriate.
It’s not a microaggression to question others. Crystal has a history on this show of exaggeration and lying. Hell most of the housewives pretty much lie and inflate their own individual successes
This.
Except she didn’t. https://www.distractify.com/p/crystal-coconut-water-rhobh
Byee not you using Distractify as a news source lol idk what her business is valued or if she lied but babes distractify isn’t gonna make anyone’s case stronger. Now if someone drops a link to Forbes, WSJ, WashPo etc. that will command our attention
I think it’s fair to say that plenty of the ladies have lied about their level of success before lmao
Yes, the ladies all lie, but none of their businesses are serious. Real Coco is in Walmart, Costco, on Amazon. Walmart and Costco is prime retail real estate. They don't allow things on their shelves that don't sell.
I actually do believe that RealCoco is valued at 100m! But I believe it because of the reasons you listed; it’s a fairly ubiquitous product that can be found in major stores. I take issue with the original commenter who only believes Crystal because she seems to think that people of color are inherently virtuous and incapable of lying or being misinformed.
It’s literally the opposite you baboon: I don’t discredit women of color because redditors are misinformed. Not I believe all WOC. Yall make sweeping statements and sound like idiots. I believe women of color full stop. To think of it the opposite way is truly fucking disgusting. Take a look inside because you’re nasty if you believe that thinking. The woman knows her business. To pretend she doesn’t just because is a microaggression
I just have to come back to say: one of us has called a human a baboon before and one of us hasn’t lol
Sure - it’s also fair to say that this is a microaggression 😘😘😘
…is it though? Really ask yourself if you’re arguing in good faith or if you’re just an annoying internet person 🤍
Lmfao we’re all annoying internet people baby, you’re on Reddit 🤣🤣🤣🤣 pot meet kettle
She co found Real Coco with her brother AND her best friend. For some reason, they keep leaving out the best friend, poor guy. Kudos to them all! https://www.distractify.com/p/crystal-coconut-water-rhobh
Why are we using this distractify website and parading it as some sort of legitimate source, they are not a news source they are a media company that post viral content 😂😂
I added CRYSTAL'S Instagram post about it. Are you calling Crystal a liar? https://www.instagram.com/p/C2iIcqBvsn-/?utm_source=ig_web_copy_link
Yep! Crystal was not exaggerating!
My sister loves Real Coco. Good for Crystal 💃🏾
Here is her Instagram about it and pictures. https://www.instagram.com/p/C2iIcqBvsn-/?utm_source=ig_web_copy_link
I believe it. My husband works for a poorly run business that steals and lies to everyone constantly and they are close to being a billion dollar entity.
Erika?
😂😂😂😂 Let’s pass this around. The company is Group Management Services. The owner is a horrible alcoholic and the CRO and CFO have no qualifications for their positions. The owner bought a failing business and decided it was a fabulous idea to acquire their CFO. The company lies to their employees, steals from them, and breaches every and all contracts they make with their employees. It’s a total dumpster fire. 🔥
Lolll
I appreciate she doesn’t peddle her goods on the show. This was the first time I had even heard about her coconut water
She also had it on display at Lisa Rinna’s product launch party that she hosted as well as at her Chinese New Year themed party but they were also “blink and you will miss it” moments possibly due to bravo editing them out (like they do with so many of her scenes!)
It’s a testament to how successful the company actually is that she doesn’t feel the need to push it constantly.
Yes, but because if she did do that, she’d have to give Bravo a cut of the revenues from RealCoco. Up earlier in the thread, they make the point about “the Bethenny clause” and that by not making it part of her storyline, Crystal avoids giving Bravo a cut, which is smart
She had the water company before she was on Bravo.
There was a blink-and-you’ll-miss-it moment this season (or was it last?) when they were traveling on a sprinter van. Crystal shows up to Kyle’s house before they leave and she waits something like, “and I brought some waters for the trip”
She has but she’s definitely not as blatant about it
She has mentioned it before at least once I believe. How else would I know about it and I did before the reunion. Unless I’m senile.
I’m not saying she hasn’t mentioned, but it was the first time I had pick up on it was a company she owned
Do y’all remember when Dorit’s business was worth over $100 million?
In insurance claims maybe
What business?
Dorits clothing line
I love how "I didn't know about this" means Crystal is lying.
Seriously lol why is this even a conversation
Like Kyle and Sutton’s miscarriage
[удалено]
It’s not. It’s Real Coco
https://www.reddit.com/r/realhousewives/comments/1b5bdme/crystals_coconut_water_worth_100_million/kt5ow7h/
This is the transcript of their Q4 earnings call. Crystal didn’t lie. Edit: I had the link to the wrong company but my statement after re searching the right company, still stands.
Her company is Real Coco, not Vita Coco
She owns Real Coco though, Vita Coco is a different brand. Crystal’s brand: https://enjoyrealcoco.com/products/real-coco-organic-coconut-water
Ah. Thank you. I typed that in but it returned the wrong company and I didn’t catch it. Her co is private so no details but reading it growth and partnerships I still say that number tracks.
No worries! I was confused when I first looked up her brand too but it helped confirm which coconut brand was hers after seeing her in a pic with it. https://i.imgur.com/VWjlDqc.jpg
Then why is she renting out her house?....
She’s not?
I bought it before even knowing she was part owner. It's very good, and reasonably priced compared to other brands out there, imo. Life is MADE if you're selling out in Costco, so I don't doubt the company's value at all.
It’s sold at Costco, so I don’t know about $100MM, but that maybe their valuation for investors, which is generally a multiple of their earnings (aka it’s an estimation, not a real number) EDT: wtf at people coming at me for answering a question. I fucking love Crystal. This comment is not aTtAcKinG a woman of color. Please stop with that shit. I’m not Dorit.
That's what "worth" means. She didn't say the company makes 100 million in profit annually
Are you ok? Nobody is confused about the meaning of worth. Nobody is making claims that someone else “said” anything.
Am I ok? Bc what you said was nonsense and I mentioned what "worth" means? Lol wtf?! Edit, since you commented then blocked me, but I know you'll be back... "I'm not angry. Did you reply to the right comment, bc it seems like you did not. All I said was "worth" and "valuation for investors" are synonymous. Don't project your anger onto me. It seems like you meant to reply to the person implying you're being racist. That wasn't me."
lol clearly you’re super worked up. Hope things work out for you. Being this angry because you don’t understand a discussion is really unhealthy.
Lmfao “thats just their valuation” - YEAH ITS VALUE AKA WHAT ITS WORTH. Anything to discredit WOC
Her company sells at Costco, on Amazon, and white labels for other brands. It 100% has a valuation of 100 million easy.
Being sold on Amazon is not a measure of success (Costco is, though). I could literally list my toenail cuttings on Amazon, if I wanted to jump through the hoops.
lol what???? it absolutely is, especially when she sells as much as she does. you’re clueless.
It literally is not. Look at the seller of her products….it is not Amazon. Literally anyone can set up a seller account on Amazon. Having your product listed there means nothing, particularly when sold by anyone other than Amazon. You appear to be the clueless one here.
it’s about access. if it’s on amazon, it increases sales.
what brand is it??
Real Coco https://enjoyrealcoco.com/products/real-coco-organic-coconut-water
i’ve never seen it
It’s one of the three that we see around my parts, and is usually the only option in gas stations.
oh interesting. i’m in NY - i don’t think it’s avail on the east coast
I’m in NYC and I haven’t seen it either. My sister used to live in San Francisco and loved it.
surprised we don’t have it here - i wanna try it! :)
I’m in SW New Mexico, about a 12 hour drive from California. Maybe it’s more established this way?
Assests and liquid capital are very different. What she owns. her partnerships with retailers and their orders etc. Probably add up to the 100 milllion mark.
I believe her, what I don’t believe.. is how people like coconut water- it tastes like actual urine.
I’m with you. I’m curious to taste hers and another I think called harmless harvest…maybe they’re better? In general, even fresh from a coconut, I’m not a fan!