Kyle Richards Could Become a Billionaire Amid Divorce from Mauricio Umansky.
Kyle Richards may be on the verge of one of the biggest financial transformations in reality TV history. If her divorce from longtime husband Mauricio Umansky moves forward, the Real Housewives of Beverly Hills star could walk away with a fortune — possibly even entering billionaire territory.
Although Kyle and Mauricio confirmed their separation nearly two years ago, they’ve yet to file for divorce, a delay that legal experts believe could be tied to the complex financial web between them. And with good reason: there’s a lot at stake.
Mauricio, the founder of luxury real estate firm The Agency, has overseen more than $57 billion in property sales since launching the company in 2011. While Mauricio may be the face of the brand, California’s community property laws say otherwise. Because the company was founded during the couple’s marriage, Kyle could legally be entitled to up to half of its value.
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According to high-profile Los Angeles attorney Jamie E. Wright, “The duration of their marriage will likely cause courts to split business assets evenly.” And Kyle may have even more leverage than that.
Wright noted that Kyle, as a public figure and Bravo star, added significant visibility to The Agency — an advantage that may boost her claim to the business. “She provides essential marketing value to The Agency,” Wright said, suggesting she could be owed ownership rights even without an official paid position.
In fact, Kyle has publicly stated that she helped Mauricio launch the company and signed the original paperwork — a point that could become central to her legal case. That early involvement could bolster her argument for a substantial stake in the company, far beyond what casual viewers might expect.
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Their shared net worth has been estimated at around $100 million, but depending on how their homes, businesses, and brand equity are divided, that figure could grow exponentially. “This is far beyond deciding who gets the Aspen house,” Wright emphasized, pointing to the depth of their joint financial entanglements.
The couple, who married in 1996 and share four daughters, were once seen as Bravo’s gold standard for a stable marriage. However, they confirmed their quiet split in 2023, prompting a wave of speculation. Since then, Kyle has been romantically linked to country singer Morgan Wade, while Mauricio has made headlines for his flirtations — including a public kiss with Dancing With the Stars partner Emma Slater.
Despite their personal distance, Kyle said in a December 2023 appearance on Watch What Happens Live that the divorce process hadn’t officially begun. “We’re good friends and we get along really well,” she said. “We just live separate lives and it just hasn’t come up yet.”
But with billions potentially on the line, the next chapter may bring not only closure — but a financial empire of her own.
Whatever comes next, Kyle is proving that personal reinvention and business savvy can go hand in hand. Whether or not she becomes a billionaire, she’s clearly entering her most empowered era yet.
