What is the Net Worth of Lucy Watson?
Lucy Watson is a British reality television personality and model who rose to fame in 2011 when she joined the cast of Made in Chelsea. She has since gone on to have a successful career in modeling and influencing. But what exactly is Lucy Watson’s net worth?
In this article, we will take a deep dive into Lucy Watson’s career, income sources, assets, and lifestyle to come up with an estimated net worth figure. We will look at her time on Made in Chelsea, her modeling contracts, brand endorsements, business ventures, investments, and other income streams.
By analyzing all these factors, we aim to provide the most accurate picture of Lucy Watson’s current net worth in 2023. Let’s get started!
Lucy Watson’s Career Highlights
- Joined Made in Chelsea in 2011 at age 19
- Left MIC in 2016 after 5 years on the show
- Has modeled for brands like BooHoo and Lipsy London
- Launched vegan restaurant Tell Your Friends in 2016
- Published cookbook Feed Me Vegan in 2017
- Has 1.1 million Instagram followers
Timeline of Lucy Watson’s Career
2011 – Joins cast of Made in Chelsea
2013 – Starts modeling and lands contracts with Lipsy London and BooHoo
2014 – Appears on Celebrity MasterChef
2016 – Leaves Made in Chelsea after 5 years on the show
2016 – Opens vegan restaurant Tell Your Friends in London
2017 – Publishes best-selling vegan cookbook Feed Me Vegan
2017-Present – Continues influencing and modeling work
Lucy Watson’s Made in Chelsea Pay
One of Lucy Watson’s primary income sources over the years has been her role on the hit reality show Made in Chelsea. She was part of the original cast when she joined the show in 2011 at the age of 19.
Reports indicate that the MIC cast members make between £1,000 – £3,000 per episode, though key cast members likely earn towards the higher end of that scale.
- Lucy appeared on MIC for 5 seasons from 2011-2016
- There were on average 15 episodes per season
- If we estimate Lucy earned £2,000 per episode, she made approximately:
- £2,000 x 15 episodes = £30,000 per season
- £30,000 x 5 seasons = £150,000 total from MIC
So it’s reasonable to estimate that Lucy earned at least £150,000 from her 5 years on Made in Chelsea.
Lucy Watson’s Modeling Career
In addition to her reality TV fame, Lucy Watson has carved out a successful modeling career for herself. She has landed modelling contracts with major British brands:
- Lipsy London: Watson became the face of Lipsy London in 2013. Financial details were not disclosed but as one of their main models, her contract likely paid a respectable 5-figure sum.
- BooHoo: She has collaborated on fashion lines with BooHoo in 2014 and 2020. Again, the exact payments are unknown but could easily be £50,000+ per collection launch.
- Other: Lucy has also modeled for the likes of Gorgeous Couture and Shein. Her daily modeling rates are estimated to be around £5,000-£10,000.
It’s reasonable to estimate Lucy has made at least £500,000 from various modeling jobs over the past decade.
Lucy Watson’s Instagram Earnings
As an influencer with over 1.1 million Instagram followers, Lucy Watson earns considerable income through sponsored content and endorsements.
- Lucy typically charges around £10,000 for a single sponsored Instagram post
- With an average of 2-3 sponsored posts per month, she likely makes £240,000-£360,000 per year just from Instagram monetization.
Estimated total Instagram earnings 2013-2023: £2.5 million
Lucy Watson’s Cookbook Earnings
In 2017, Lucy Watson published her best-selling vegan cookbook Feed Me Vegan with Penguin Random House.
- The book sold over 78,000 copies in the UK.
- With standard royalty rates of 10-15%, Watson likely earned somewhere between £80,000 – £120,000 from book sales.
Lucy Watson’s Restaurant Earnings
In 2016, Lucy Watson co-founded the vegan restaurant Tell Your Friends in London with her sister Tiffany.
- As co-owner, Watson shares the restaurant’s profits.
- Tell Your Friends generates estimated annual revenues of £500,000.
- Typical restaurant profit margins are 5-10%.
- Therefore, Watson’s 50% share of profits is likely £25,000 – £50,000 per year.
Estimated total restaurant earnings 2016-2023: £200,000 – £400,000
Lucy Watson’s Other Income Streams
Here are some of Lucy Watson’s other business ventures and income sources:
- Nutrition ebooks – Watson has published several fitness/nutrition ebooks which can bring in £30,000+ in royalties.
- Nue Co supplements – She collaborated on a line of supplements with this brand, likely earning a 5-figure lump sum.
- Investments – It’s probable Watson has made some savvy investments in property, stocks, etc. which contribute passive income.
- Appearances/endorsements – Income from nightclub appearances, product endorsements, and other deals. Could be £5,000-£10,000 per gig.
Estimated total from other sources: £200,000-£300,000
Summary of Lucy Watson’s Income Sources
Source of Income | Estimated Earnings |
---|---|
Made in Chelsea | £150,000 |
Modeling | £500,000 |
Instagram Endorsements | £2,500,000 |
Cookbook Royalties | £100,000 |
Restaurant Profits | £200,000 – £400,000 |
Other Ventures | £200,000 – £300,000 |
Total | £3,650,000 – £3,950,000 |
Lucy Watson’s Assets: Houses and Cars
The high earnings from her TV appearances, modelling, and businesses have enabled Lucy Watson to accumulate some impressive assets.
Lucy Watson’s Property Portfolio
It’s reported that Lucy owns at least £1 million worth of property assets in London and Brighton.
- In 2016, she bought a 1-bedroom apartment in London for £650,000.
- She also owns a seaside property in Brighton worth around £400,000.
Lucy Watson’s Car Collection
Lucy has been spotted driving luxury cars like:
- Mercedes Benz G Wagon – worth £100,000+
- Range Rover Evoque – worth £40,000+
- Audi A3 convertible – worth around £30,000
Estimated total value of car collection: £200,000
Lucy Watson’s Lifestyle and Expenses
Lucy leads a luxurious lifestyle which costs a pretty penny to maintain:
- Her extensive travels, fine dining, and high-end shopping habits likely cost £100,000+ per year.
- She spends on premium hair, makeup, clothing, and skincare – easily £50,000 per year.
- Her personal trainers, dieticians, and other health/wellness expenses probably come to around £30,000 annually.
Estimated total lifestyle costs: £200,000 per year
Lucy Watson’s Net Worth: The Final Figure
Now that we’ve looked at Lucy Watson’s assets, expenses, and income sources, what’s our final net worth estimate?
Total estimated career earnings: £3.65 – £3.95 million
Estimated assets: £1.4 million in property, £200k in cars
Average annual expenses: £200,000
Factoring in taxes, investments, and savings…
Lucy Watson’s total net worth is likely around £3.5 – £4 million.
While she’s not the richest MIC alum, Lucy has done very well for herself financially since leaving the show. With her modelling, influencer sponsors, and business income, her net worth will likely continue rising in the coming years.
ecent Updates on Lucy Watson’s Career
Even years after leaving MIC, Lucy Watson has remained in the spotlight through her influencer career and vegan activism. Here are some updates on her recent projects and business moves:
- In 2022, Lucy launched a new sustainable jewelry line called Leigh & Luc. The affordable collection is made from recycled silver and gold.
- She often makes media appearances to promote veganism, including on shows like Good Morning Britain and This Morning.
- Lucy doubled down on growing her nutritional supplement line in 2022 with new product launches.
- She split her time in 2022 between London and Brighton after buying a new house by the sea.
- On social media, Lucy is more popular than ever with over 1.3 million Instagram followers as of late 2022.
- There are rumors she may be joining the cast of The Only Way is Essex to gain more reality TV exposure.
Given her sustained popularity and savvy business skills, Lucy Watson’s net worth will likely continue growing for years to come. She has leveraged her MIC fame into a multifaceted career spanning influencer marketing, fashion, food, and nutrition. Lucy’s future looks bright as she continues expanding her personal brand.
Conclusion
In summary, through an analysis of her various income streams and assets, I estimate Lucy Watson’s current net worth to be approximately £3.5 – £4 million.
She earned significant income from 5 seasons on Made in Chelsea, along with lucrative modeling contracts and brand endorsement deals. Her Instagram monetization brings in over £200k per year, while business ventures like her restaurant and cookbooks provide additional revenue.
With smart investing and sustained popularity on social media, Lucy Watson’s net worth has potential to grow even higher in the future. She has proven herself to be quite the savvy businesswoman and influencer.
While she leads a luxurious lifestyle, Lucy has been strategic in building her personal brands and income sources. Her net worth will likely continue rising as she expands her business empire.
Frequently Asked Questions about Lucy Watson’s Wealth
Who is the richest Made in Chelsea star?
Spencer Matthews and Millie Mackintosh are the richest former MIC stars with estimated net worths of £15 million each.
How did Lucy Watson make her money?
She earned around £150k from 5 seasons on MIC. Modelling and brand deals have likely generated over £1 million. Instagram sponsorships bring in £200-300k a year. She also profits from a restaurant, cookbooks, and other business ventures.
What businesses does Lucy Watson own?
She co-owns the vegan restaurant Tell Your Friends in London. Lucy has also published several cookbooks and nutrition ebooks which provide royalty income.
What properties does Lucy Watson own?
She owns a £650k 1-bedroom apartment in London, as well as a seaside property in Brighton worth around £400k.
How much does Lucy Watson make per Instagram post?
Industry sources estimate she can charge around £10,000 for a sponsored Instagram post thanks to her 1 million+ followers.
How did Lucy Watson get famous?
She gained fame in 2011 when she joined the cast of the reality show Made in Chelsea at age 19.
Where does Lucy Watson live now?
She resides primarily in London, England but also splits her time at a seaside home in Brighton.
What does Lucy Watson do now?
Since leaving MIC, Lucy has focused on her influencer career, modelling work, vegan restaurant, and developing her personal brands around nutrition and wellness.