Home / Business and Economy / Reality Star Details $50K Speaking Fees Amid Bankruptcy
Reality Star Details $50K Speaking Fees Amid Bankruptcy
19 Apr
Summary
- Aisha Cole earns up to $50,000 for speaking engagements.
- She owes $1.2 million to the Small Business Administration.
- Cole recently joined the 17th season of 'Real Housewives of Atlanta'.
Aisha 'Pinky' Cole, founder of Slutty Vegan, detailed her financial situation at a creditors meeting as part of her Chapter 11 bankruptcy case filed in February. Cole testified that her income sources include rental properties, a mentorship group, and speaking engagements, for which she commands between $25,000 and $50,000. Her last speaking gig in January reportedly earned her $50,000.
Cole also confirmed she receives a lump sum for her appearance on 'Real Housewives of Atlanta,' though she was unsure of the exact amount and agreed to provide her contract. Her bankruptcy filing revealed debts of $1.2 million to the US Small Business Administration and $192,000 in state taxes. She was also two months behind on mortgage payments for her Georgia home when she filed.
Cole's attorney stated the goal is to reorganize her finances and address past business debts. Slutty Vegan, once valued significantly, has faced financial challenges. Cole expressed a desire to keep her home, where she resides with her family.
