Bill Rancic – Net Worth, Money and More
Net Worth: $5 Million
Profession: Entrepreneur and TV Personality (author, talk show host, professional speaker)
Introduction:
Willam Bill Rancic better known as Bill Rancic was born on 16th May 1971, who is an American entrepreneur and the first candidate to be hired by the Trump Organization at the ending of the 1st season of the Donald Trump’s reality show. He was born to father Edward Rancic and mother Gail Rancic. Rancic’s father died in the year 1999 due to cancer. He has three sisters namely Beth, Katie and Karen. He was born in the beautiful city of Chicago, Illinois, USA and grew up in the suburb of Orland Park. For his schooling he attented St.Michael School in Orland Park, and graduated from Carl Sandburg High School. He also went for higher studies and earned an B.S degree from Loyola University Chicago.
Family:
Bill Rancic is married and also has a son. He got engaged to Giuliana in December 2006 and the wedding took place in September 2007. Giuliana’s fortunes are not any smaller than his husband’s net worth: she also owns assets worth $5 million. His son is named as Edward Duke Rancic, who was born on August 29, 2012 in Denver, Colorado. Before the birth of the baby it was seen that Giuliana had to face many serious problems regarding fertility. After the several unsuccessful attempts of conceiveving a child naturally they tried vitro fertilization, but the procedure failed and the doctors came to know that Giuliana’s had breast cancer. But the couple did not leave their determination in trying and finally their son was welcomed on 29th august 2012. Also before the birth of their son Rancic and his wife shared the good news of expecting a baby with the audience through the show “The Today Show”.
Career:
Entrepreneur and reality television star Bill Rancic has an estimated net worth of $5 million. Originally he intended to be a lawyer. However, Rancic’s plan to attend law school ended abruptly when he decided to open an online cigar business. Due to his entrepreneurial success, he was invited to be contestant on the reality show “The Apprentice”. He rose to prominence in 2004, after his appearance on Donald Trump reality show. He was the winner of the first season of the show and he was offered an opportunity to work in one of the Trump’s enterprise. Because of his victory in the show his net worth boosted to $250 at once, as he received a monetary prize for winning the competition. He is currently filming in his own reality show entitled Giuliana and Bill and hosts a daily television magazine program America Now.
Later in September 2007, Rancic co-hosted a TV show “iVillage’s -In the Loop with iVillage”. Again in the year 2008, Rancic hosted a reality show “We mean Bussiness”. In 2008, Rancic and his wife, TV host Guiliana Rancic started a joint television production company named “You and I Production”, which produces reality and scripted programming for television.
In 2012, Rancic became a television spokesperson for the product Rogaine, appearing in national commercials detailing his experience with hair loss.
Growing wealth:
The reason for Bill Rancic wealth is because he has invested a large sum of money in the real estate business. In July 2007 Rancic invested $1,500,000 for a single family town house on Chicago’s Gold Coast which was renovated and sold at a substantial profit in March of 2009 for $3,595,000. In June 2009 of the same year, Bill again invested a sum of $1,185,000 for an apartment in a luxury high rise on Chicago’s Magnificent Mile (Michigan Avenue). After less than 20 months of purchase, the unit on the 50th floor of the Park Tower building having five-room condo was sold making a huge profit of $500,000.
Also Rancic owned a 5 bedroom, 12,000-square foot mansion in Hinsdale, Illinois which was prominently featured on his reality show. It was sold in February 2011in a private transaction for worth $4.6 Million. The sale was considered as the most expensive sale of the year in Hinsdale.
In 2012, they became successful restaurateurs, after joining forces with Lettuce Entertain You Enterprises (LEYE) to launch RPM Italian in Chicago. After great success, the couple and LEYE teamed up again to open RPM Steak in Chicago, and have plans for RPM in Washington, DC and Las Vegas. The huge sum of profit coming from their restaurant business has also increased their wealth to a tremendous amount.
Bill Rancic- Know me:
Rancic in past, before meeting Giuliana had dated Jen Schefft. But then later they broke off and Jen Schefft married to Joe Waterman. After the split up from Jen it was heard that Bill and fellow Apprentice finalist Amy Henry were engaged in some heavy lip-locking at a secluded spot on the roof of the restaurant Sushi Samba int the Big Apple just a couple of days later.
Bill Rancic’s first entrepreneurial enterprise was selling pancakes to his grandmother’s friend at age of 10.
Is the author of 2 books namely You’re Hired: How to Succeed in Business and Life (2004) and Beyond the Lemonade Stand (2006).
Rancic enjoys scuba diving and running marathons.
As about Rancic’s resolution for this year, it is all about self-improvement. “I want to be a good dad” said by Rancic, as he wants to spend more time with his son Duke.
Like his dad he also gets up early in the morning makes the coffee and brings the Guiliana coffee in bed and then he wakes Duke out of bed and feed him. He feels very great and happy doing things for his son and wife.
Rancic’s star sign is Taurus. He loves Lake Michigan, the great restaurants and all culture of Chicago.
Rancic’s favorite Chicago restaurants are Carmine’s and Gibsons.
Awards and achievement:
Bill Rancic has been nominated for Teen Choice award in 2004 for the show “The Apprentice”. Again in the year 2009 he was nominated for Day Time Emmy awards under the category Outstanding Special Class Series for the show “We Mean Business”. Recently in 2013 he has won the Gracie Allen awards for a reality show.
Lifestyle:
Bill Rancic and his wife Giuliana Rancic were spotted getting into their black Porsche 911 C4S recently. They have been living a very luxurious life. The couple has many houses and they they have not stayed in any house more than a year. They change their houses like people change their dresses.
Personal Quote:
“Life’s experiences make us who we are. Accept this, embrace this and use this to create the world you want and the world you deserve. If you do this, nothing can stop you” – Bill Rancic
