$1 million isn’t a lot of money anymore’: Kelly Cutrone on how her annual salary ‘barely covers’ nannies, car parking and a New York apartment
$1 million may seem like a hefty annual salary to the average person, but for PR maven Kelly Cutrone, it can go quickly.
The 48-year-old single mom and founder of fashion publicity firm People’s Revolution, known for her various reality TV appearances, tells the Huffington Post: ‘I personally have made a million dollars a year – that’s not a lot of money anymore, just do the math.’
She proceeds to break down her largest expenses: ‘The taxes alone are at $300,000-$400,000. Then you have agents and managers and business managers that take another 5 percent, throw in private school in New York City, that’s like $44,000.
Special addition: ‘I personally have made a million dollars a year – that’s not a lot of money anymore, just do the math’
Ms Cutrone, who lives in New York’s swanky Soho neighborhood with her 12-year-old daugter Ava, adds: ‘A nanny is like $60,000 to $70,000. I support my mom. A New York apartment, $8,000. A mortgage on my house, another $5,000 and $24,000 in taxes there. It’s $650 a month to park my car.’
In addition to running her successful company, Ms Cutrone, 48, was a recurring character on MTV’s The Hills and its spinoff, The City, serving as a mentor to Whitney Port.
WHERE KELLY’S MONEY GOES…
- Taxes: $300,000-$400,000
- New York City private school: $44,000
- Nanny: $60,000 to $70,000
- New York apartment: $8,000
- Mortgage on home: $8,000
- Property tax: $24,000
- Parking: $650 a month
- Agents/managers: 5 percent of income
- She also supports her mother
Her persona as a tough-as-nails fashion boss made her a fan favorite, and she subsequently earned her own Bravo reality series, Kell on Earth, which lasted for a season in 2010.
Her small-screen stints proved surprisingly lucrative.
‘I went on the The Hills for free. I thought this is a great way to get my clients’ messages out. By the time I left I was making a shit load of money — like $50,000 an episode. So you do 12 episodes and you make $600,000 dollars – that to me is a good game,’ she tells the Huffington Post.
The exposure also led to a judging gig on America’s Next Top Model and a New York Times best-seller. In 2010, she imparted her blunt career advice in If You Have to Cry, Go Outside: And Other Things Your Mother Never Told You.
Video Source YouTube
Family ties: Ms Cutrone says her expenses include private school for her daughter Ava, born in 2002
She cites her TV work as a reason for her longevity in the fashion world, observing: ‘I’ve had a great level of success, more than most people in my industry, and I still have to work every day.
‘The people who I know who have owned PR firms either end up in rehab, they go swim with dolphins, they join Greenpeace, they join a lesbian commune in Vermont or they quietly go away and you don’t see them anymore.’