Jules Wainstein’s divorce from then-husband Michael Wainstein, the founder of Private Capital Group, was funny – the man with a once-reported $25 million net worth couldn’t pay alimony in the thousands, but was it because of her spending habits? Yes, he seems to think so!
At the age of 35, she joined the cast of The Real Housewives of New York in its eighth season in 2016. She’s known for her extravagant lifestyle, enviable cash account, and proclivity for drama.
She currently works as a socialite and philanthropist. Jagger and Rio, her two lovely children, are her pride and joy. She attended the Fashion Institute of Technology in New York before working as an assistant buyer and designer for a boutique fashion company, following in her father’s footsteps as a fashion entrepreneur.
She is the founder and president of Modern Alkeme, a Japanese detox super drink that she co-created with an American composer.
- Date of BirthFeb 13, 1981
- Age41 Years, 3 Months
- Relationship StatusSingle
- Husband/SpouseMichael Wainstein (Filed for Divorce)
- Divorce/SplitYes (Once)
- Wedding Date2008
- Net WorthNot Disclosed
- FatherGene Forrest
- MotherKazue Forrest
- Height/ How Tall?5 Feet 8 Inches (173 cm)
- Feet (Shoe) Size8 (US)
- Hair ColorBlack
- Eye ColorBlack
- Son/sJagger Wainstein
- Daughter/sRio Wainstein
Jules Wainstein’s Bio
Her longtime ambition had been to be on a reality show. When she joined the reality show The Real Housewives of New York in 2016, her dream came true. Despite her divorce turmoil, she only appeared in season eight of the show. In the eighth season, she was the only married woman.
Dorinda Medley, a fellow RHONY star, assisted her in becoming a cast member of the show.
Her Age and Family
She was born in 1981 and celebrates her birthday every year on the 13th of February. Hong Kong, China is where the television personality was born. Her mother is Japanese, and her father is Jewish, according to wiki sites.
She worked as an event planner for the Women’s International Zionist Organization, which raises funds for schools and older women in Israel, before becoming recognized.
Meet Michael Wainstein, her estranged businessman husband
Michael Wainstein, a prominent businessman and the creator of the profitable investing company Private Capital Group, a private equity firm valued over $648.7 million, married Jules Wainstein. She married Micheal in 2008, when she was 27 years old. She was delighted to marry a dedicated man who was also a successful businessman, husband, father, and a New York fixture.
Jagger, 7, and Rio, 5, are the names of the former couple’s two children. They owned homes in New York, Water Mill, and Miami, according to reports.
Her Husband’s Extramarital Affairs Led To Her Divorce
When Jules discovered Michael having an alleged affair with her friend, the serene and loving relationship took a terrible turn. Michael filed for divorce on June 15, 2016, after the relationship became strained.
During those court proceedings, a series of charges arose, one of which included physical attacks and abuse. She also accused Michael of being self-centered, focusing on his own demands while ignoring the needs of his children. Jules confronts Michael over an alleged affair on TV
During the couple’s first court appearance, the judge ordered Jules to pay $10,000 per month in interim support. Michael, who formerly had a net worth of $25 million, reportedly failed to pay $135,000 in child support, rent, and other expenditures to Jules in June 2017, resulting in his serving time in prison. They even owe back taxes on a Hamptons home they didn’t own but remodeled.
The businessman claimed that Jules’ extravagant lifestyle had bankrupted him and that she was to blame for everything. They lived a lavish lifestyle during their time together, traveling almost constantly, throwing various types of parties, and dining out with relatives, among other things.
Micheal’s lawyer said at the time that his client didn’t earn the kind of money reported in the tabloids, let alone own a lot of money
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Jules Wainstein’s Net Worth
Jules is currently focusing on creating money from her most recent money-making company, Modern Alkeme, an old Japanese recipe cleansing tonic. Her net worth is anticipated to rise in the next years as the company establishes itself in the market. Her previous positions as buyers and event planners had earned her a salary of $50,000 per year.
Not only that, but the court’s decision to count alimony payments as child support increased her net worth.
Although her total net worth has not been revealed, it appears that she continues to live like a queen, even after the divorce.