*By Max Godnick* Bethenny Frankel is using the same skills she used to succeed in the business world to help change lives in Puerto Rico and Guatemala. The author, philanthropist, and entrepreneur is the founder of B Strong, a crisis intervention initiative that focused its efforts on disaster relief during the historic Atlantic hurricane season of 2017. The organization helped charter over fifty planes to deliver aid to Puerto Rico and raised over $1 million, which was distributed via cash cards. "It felt like business," Frankel said of the non-profit endeavor in an interview with Cheddar on Tuesday. The "Real Housewives of New York" star said she approached her role like a CEO and viewed her supporters as investors. "They were investing their money to help people or investing their time to donate," she said. Frankel's business mindset is one she knows well as the founder of Skinnygirl, the lifestyle brand she sold to Beam Suntory in 2011. The company is now expanding beyond its cocktail roots into food and clothing, with a denim line expected to be in stores this fall. She also started production company B Real-ity and is a guest judge on ABC's hit deal-making show, "Shark Tank." Frankel thinks these experiences helped her prepare for her most important job yet. "I knew that skill set," she said of the tools required to conduct such a large-scale relief endeavor, directly tracing them back to her stint as an event planner. "I know how to start a company, I know how to run a company, I know how to manage people and execute." Frankel said the experience kept her from sleeping for three months as she organized her team and helped mobilize online chat rooms into meaningful support. She framed her direct and personal approach to a privately-run humanitarian mission as more effective and trustworthy than larger organizations. "Right now the world of Big Charity is very not trusted," Frankel said, adding, "The people in Puerto Rico don't know where that money is." For the full segment, [click here.](https://cheddar.com/videos/bethenny-frankel-runs-disaster-relief-efforts-like-a-ceo)

Share:
More In Business
Best of CES 2022: A Cheddar News Special
Cheddar has been following all things innovative, fascinating, and downright cool from CES 2022. Watch the full episode, hosted by Cheddar's Ken Buffa and Michelle Castillo.
Dow Slips into Red Late in Session as Stocks End Friday Lower
Stocks closed lower on Friday as investors continue to worry over rate hikes. John Lynch, CIO of Comerica Wealth Management, joins Cheddar News' Closing Bell, where he says value is back in play with investors. Lynch also believes the market has overreacted to the latest Fed minutes, suggesting a bounce-back at some point.
2021 Sees Record Number of Tech Deals; Will 2022 Bring Even Bigger Tech Investments?
Private equity firms in 2021 spent $401.71 billion in U.S. tech investments — doubling 2020's level of $196.34 billion. As tech becomes increasingly interwoven into our lives amid the pandemic, investors grow bullish on the sector, especially software-as-a-service companies. How will 2022 stack up to 2021, and is there potential for parts of the tech sector to sink this year? John Jannarone, Editor in Chief at IPO-Edge, joins Cheddar News' Closing Bell to discuss 2021's record year of deals, how potential interest rate hikes will impact tech investments in 2022, the fastest-growing IPOs, and more.
Bed Bath & Beyond's Stock Jumps Despite Earnings Miss as Meme Stock Mania Reappears
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
As College Athletes Earn Wealth From NIL, Financial Management Becomes Key
College athletes scored big in 2021 when they were finally allowed to begin earning money based off of their name, image, and likeness, known as NIL. But how can young athletes best manage their money so they can set themselves up for years of success? Nicole Pullen Ross, Head of Goldman Sachs Sports and Entertainment Solutions, joins Cheddar News' Closing Bell to discuss why financial management for college athletes is important, common pitfalls they could run into, and more.
December Jobs Report Weaker Than Expected, But Unemployment Hits New Pandemic Low
December's jobs report was weaker than expected: the economy only added 199,000 nonfarm payrolls compared to an estimate of 422,000. However, the unemployment rate hit a new pandemic-era low of 3.9%, beating expectations. One thing to consider is the fact that the impact of the COVID-19 omicron variant is not factored into these results as the read is taken around the middle of the month. So — how might the variant impact job reports over the next few months? Mark Zandi, Chief Economist at Moody's Analytics, joins Cheddar News' Closing Bell to discuss December's jobs numbers, his 2022 labor market outlook, how COVID-19 will continue to impact the labor market, and more.
Pear Therapeutics CEO on How Its Apps Work for Conditions Like Addiction
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
Load More