Given the hot expensive adjustments in the 40-year-old fact star’s lifestyles, it's possible you'll marvel what his net worth is in 2023. Here’s what we all know.
Season 10 of Vanderpump Rules is in complete swing. In the tenth installment of the longstanding truth tv collection, we are witnessing the aftermath of Tom Schwartz and Katie Maloney’s divorce and seeing Schwartz’s business mission with Tom Sandoval come to lifestyles.
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However, Schwartz printed that the financial toll of the coinciding events has been tricky to navigate.
Given the recent expensive changes in the 40-year-old fact megastar’s life, chances are you'll marvel what his net worth is in 2023. Here’s what we all know.
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Tom Schwartz’s net worth stems from a number of industry ventures.
Tom Schwartz is lately in business with no longer one but two of his Vanderpump Rules costars.
In 2018, the reality famous person partnered with Lisa Vanderpump and Tom Sandoval to open Tom Tom, a luxurious restaurant and bar in West Hollywood. Then, in 2021, Schwartz and Sandoval made up our minds to kickstart a cafe and bar of their very own.
Tom Schwartz
Reality Star, Entrepreneur
Net worth: $4 million
Tom Schwartz is an entrepreneur and truth television persona known for starring in Vanderpump Rules. He owns and operates restaurants Schwartz & Sandy’s and TomTom along with his costar and industry partner, Tom Sandoval.
Birthdate: October 16, 1982
Birthplace: Woodbury, Minnesota
Birth name: Thomas William Schwartz
Father: William Schwartz
Mother: Kimberly Schwartz
Marriage: Kate “Katie” Maloney (2019-2022)
Education: Florida State University
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Schwartz & Sandy’s was once the brainchild of the Toms, however bringing it to existence was a little bit of a nightmare. From pandemic delays to supply chain problems, the establishment encountered numerous roadblocks. However, Schwartz & Sandy’s finally opened in November 2022.
According to Celebrity Net Worth, Tom Schwartz’s estimated net worth is $Four million.
Schwartz & Sandy’s price Tom Schwartz a vital sum of money.
The joint industry venture between Tom Schwartz and Tom Sandoval nearly tore their friendship aside. Bringing the Los Angeles-based cocktail living room and eating place to life was once no easy feat, and it value the reality stars a pretty penny.
On Vanderpump Rules, Sandoval opened up about the amount of money that went into growing Schwartz & Sandy’s. “At this point, we’ve invested one million bucks into this project,” Sandoval revealed. “It’s like the nationwide debt; it’s simply numbers flying.”
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At the time, Schwartz was once in the middle of his divorce from Katie Maloney and admitted that his budget appeared grim. “I’m like, drowning, guy,” the 40-year-old actor told his business partner. “Getting the divorce. My losing the house. Do you know how unhealthy it sucks presently having a loan? Six grand for that. Then I've $3,500 in rent. That’s now not even counting expenses.”
Tom Schwartz’s net worth stepped forward when he and Katie Maloney sold their home.
Schwartz’s financial instability from the divorce and Schwartz & Sandy’s was short-lived. In July 2022, the truth big name and his ex-wife bought their Los Angeles house for a whopping $2.6 million.
Only three years prior, the couple bought the valuables for $1.9 million and indexed it for $2.75 million after their split.
However, Tom isn’t solely happy along with his new residing state of affairs. “Living in a small, little condominium that it's a must to pay $3,500 a month for? It’s laborious to not be salty,” he mentioned all through an August 2022 episode on Katie’s You’re Gonna Love Me podcast. “It’s smaller than my apartment in school.”
Vanderpump Rules airs Wednesday nights on Bravo at 9 p.m. ET.
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