Lisa Vanderpump Admits “I’m Not Very Good” at the Business Side of My Empire
Uh-oh! It looks like Lisa Vanderpump is making things worse for herself during an already sticky situation. The Real Housewives of Beverly Hills fave and ambitious restaurateur has admitted to having no idea what she’s doing when it comes to her business, and the numbers don’t lie.
According to court documents obtained by RadarOnline.com, Lisa and her husband Ken Todd filed “an unaudited Profit and Loss Statement [for 2013] claiming [Blanca Investments LLC] only made around $80,000 [per year] and that its net worth is a mere $200,000.” That means that since the business was started in 2009, Todd has lost $50,000 of his initial investment. Yikes! Even Todd doesn’t seem to know how the business is run, stating in court, “Well, the company was set up by Lisa. I would have thought I would be the manager and the president, but I don’t know.”
Lisa couldn’t even state the address of her business, telling the court, “Oh I haven’t been there, I don’t think… I don’t really get involved with .. All those kinds of legalities.”
All this is coming to light in the midst of Lisa and Todd’s ongoing sexual harassment lawsuit and in the wake of a different discrimination lawsuit. Does all of this spell trouble for Lisa’s business? And if the restaurant folds, would it have any effect on SUR and Vanderpump Rules?
What do you think about Lisa’s admission? Is Lisa a good businesswoman? Tell us what you think in the comments!