Rhoc's Elizabeth Lyn Vargas' Net Worth Will Blow Your Mind Away, Plus Beach House and Cars

There is no shortage of Real Housewives newbies showing who they are on the first season of their respective shows. Your new full-time housewife Elizabeth Lyn Vargas isn't the one to back out either.

She's recently (and rather, finally) showed us what she has, with the occasional Bravo TV tour. And despite knowing she is the CEO of a music video company, her net worth was truly mind-blowing, according to the sources we have, of course. And as more details emerge, the story of her life until now says a lot about her wealth. Of course it does.

Vargas is the lastest inclusion into RHOC, with Tamra Judge's exit.
Photo Source: Elizabeth Lyn Vargas, Instagram

Either way, it's safe to say, she's made her mark well enough to be a strong fan-favorite contender in the next season of Orange County as well. Coming off of a divorce from husband Bernt Bodal, who is worth $200 million himself, finalized in July 2020 after three years of separation, she is willing herself to make it on her own. It must be comfortable, with her job being something she's been associated with for almost her entire life.

Elizabeth Lyn Vargas Is Adding Up Her Massive Net Worth As the CEO of 'Edge Music Network', But...

As of mid-2020, Celebrity Net Worth estimates Elizabeth Lyn Vargas to be worth $30 million. At first glance, it's hard to imagine, but it probably is attributed to the fact that she is way too modest when it comes to money. She is the CEO of an online music video company called Edge Music Network, but it's not her primary source of income.

In fact, Vargas considered it a failure this July, in its own way, via Instagram Stories. "Edge Music was a failure,” she wrote back then, according to Us Weekly. “It’s not quite a failure yet but it’s on its way. I’m gonna pivot my life to a new direction to generate revenue—you know from things that I acquired—I can repurpose and you know."

The company was also featured in the August 2016 edition of Modern Luxury Magazine of Orange County.
Photo Source: Elizabeth Lyn Vargas, Instagram

The animal-lover is still positive about it though, however she was much happier with it before. She considered the company as a "digital MTV". Of course, she had her moment back in 2015 when she licensed “all the music from Universal Music Group” in February that year, particularly because Universal had acquired EMI Interscope, Def Jam Records, and she herself had a deal with Eagle Rock Entertainment before the Universal deal.

"We have one of the largest classic rock libraries," Vargas boasted to The Desert Sun in 2016. And it actually does.

Vargas' Now Ex-Husband Is a Hugely Successful Businessman

You could call it the end of an era with Elizabeth and her former husband, Bernt Bodal, including the three-year-long divorce proceedings. The two spent 20 years together, being married for 17 of them before separating in 2017. The divorce was one main storyline for her this introductory season, so you'll probably get to know more about it.

The details have largely been out though. We now know where the music connection comes from. Vargas was the creator of the Vargas Girls Jazz Cabaret, which ironically performed Hey Big Spender when he entered one of the nightclubs they were performing.

Vargas and Bodal (to her left) were married for 17 long years.
Photo Source: Elizabeth Lyn Vargas, Instagram

And they had such a reason to perform that particular song. Bodal was the CEO of American Seafoods, one of the largest in the US generating a reported $600 million in yearly revenue, until 2017. He bought the company with a few investors in 1999. He himself is listed to be worth $200 million.

Related: Tamra Judge's Net Worth Is Added Up by Her Entrepreneurship Capabilities

The details of the divorce settlement may yet is to be known with the season premiere had just begun. Which means this estimated net worth is subject to change once the monetary aspects of the divorce are revealed. Meanwhile, she is also taking a step up in her romantic life with a new boyfriend, Jimmy.