How Much Of Kevin Costner's Net Worth Went To Supporting Christine Baumgartner's Luxury Handbag Busi

Posted by Jenniffer Sheldon on Saturday, June 8, 2024

Highlights

  • Kevin Costner spared no expense when it got here to spoiling his now estranged wife, Christine Baumgartner, including investment her luxury handbag business.
  • The couple spent nearly $20 million on more than a few indulgences in 2022 by myself, with a big portion going in opposition to keeping up opulent homes.
  • Baumgartner's luxury handbag business, Cat Bag Couture, was founded with Costner's backing, but it's unclear if the business continues to be lively, as Baumgartner's involvement decreased over time and he or she confronted monetary difficulties.

It's no secret that before their 18-year marriage went down the tubes, Kevin Costner and Christine Baumgartner were dwelling at the top of opulence. From lavish journeys in another country to state-of-the-art cosmetic procedures, Kevin Costner spared no expense when it came to spoiling his now estranged wife.

However, there's nonetheless one aspect of their lavish lifestyle that hasn’t garnered as much consideration: Christine's luxury handbag business. Conceived simply months prior to Costner and Baumgartner's extravagant nuptials, Cat Bag Couture reportedly owes its launch to none rather then Kevin Costner.

With their extremely contentious divorce nonetheless playing out in the tabloids, we take a look at simply how much the Yellowstone big name poured into Baumgartner's high-end handbag venture.

Kevin Costner Didn’t Shy Away From Spoiling His Estranged Wife Christine Baumgartner

With details of their lavish life prior to their contentious divorce after all coming to mild, it’s becoming moderately glaring that Yellowstone famous person Kevin Costner and former type Christine Baumgartner had an unmatched penchant for extravagance.

According to court docket filings got by means of US Weekly, the twosome was once no longer precisely recognized for penny-pinching, spending nearly $20 million on more than a few indulgences in 2022 on my own. The couple reportedly allotted a princely sum of $1,964,294.95 to keeping up their idyllic Aspen getaway, alongside an additional $1,178,147.Sixteen for his or her California beachfront place of dwelling.

But the upkeep bills have been just the tip of the iceberg. As per US Weekly, their expenditures prolonged to an additional $542,303.47 for gardeners, over $84,000 for an array of family assistants, and an outstanding $64,000 for professional cleaning services.

Aside from keeping up his opulent estates, Kevin Costner also went out of his method to ensure that his estranged spouse lacked for not anything. As according to Christine's kid toughen appeal, through which she asked just about $250,000 in kid give a boost to, the couple indulged in nearly every extravagance below the solar.

According to US Weekly, the twosome lavished more than $20,000 on spa services, upwards of $180,000 on state-of-the-art beauty enhancements, made credit card purchases amounting to $222,586, and allocated rather over $13,000 to private training services and products in 2022 on my own.

RELATED: Kevin Costner's Second Divorce Settlement Won't Be As Expensive Compared To His First

But that’s not all. “In addition to our beachfront compound, our circle of relatives travels several instances per yr,” Baumgartner said in her court filings per US Weekly. “We holiday in the Caribbean and Hawaii and commute to Aspen several times according to 12 months, typically all through the winter and summer season. We typically host family and friends on our trips," she continued, adding, “I realize that our lifestyle is extraordinary. I appreciate how very blessed we are to live this way."

How Much Did Kevin Costner Invest In Christine Baumgartner's Luxury Handbag Business?

Given their outrageously extravagant lifestyle, it must come as no wonder that Kevin Costner poured slightly a bit of his net worth into launching Baumgartner’s luxury handbag business. Though the specifics stay unclear, Baumgartner herself admitted that Costner used to be instrumental in getting the business off the bottom.

“I didn’t get started as a result of I beloved handbags; I started because I used to be missing one thing,” she told Denver Post in 2005, just a yr after her extravagant nuptials. “I exploit a computer rather a bit of and trip so much. I looked for a pc bag, they usually functioned, but I didn’t to find anything that was right for me. When I got here up with some samples, I showed them to Kevin, and he said they have been beautiful and amazing. He advised me I should take it to your next step, and he’d lend a hand me. I’ve all the time liked style and elegance, and if you'll combine it with serve as, it’s highest.”

RELATED: Did Kevin Costner's First Wife Cindy Silva Have Anything To Do With Christine Baumgartner Before Their Divorce?

With Costner’s backing, Baumgartner roped in a single of her close friends, Tamara Muro, and together, they based Cat Bag Couture. Though the business first of all fascinated by elegant laptop bags, it wasn’t long sooner than the twosome began designing their very own line of luxury baggage.

“Some of the ladies I do know would inquire from me to make a bag, so I started sketching types for day and night,” Baumgartner revealed, including that the majority of the baggage in her assortment are named after family members and pals who’ve inspired her. “I love classic women who are sturdy and feminine."

Is Christine Baumgartner’s Luxury Handbag Company Still In Buisness?

Mere months after launching the business, family obligations pulled at Baumgartner’s partner, Tamara Muro, and the 49-year-old was left to helm the business alone. Despite the momentary setback, the former model was determined to continue growing her business. “I don’t know if we’ll ever be a big company,” she told Denver Post in 2005. “I have mixed feelings about it. I have so much room to grow.”

That said, it's highly likely that the now 49-year-old eventually scaled back her involvement in the business, as her own familial responsibilities began mounting. According to court records, Baumgartner transitioned into the role of a stay-at-home mother after the birth of her first child in 2007, suggesting that her involvement in the luxury handbag enterprise likely waned over time.

RELATED: Kevin Costner's Reputation For Being Difficult To Work With Was Sparked By Drama On The Sets Of These Movies

Baumgartner has also encountered some perplexing financial difficulties in recent times, a predicament that probably wouldn't have arisen if her business was still active. As per court documents, the mother of three finds herself without a personal income, and was, for a time, struggling to secure suitable accommodation for her children. So dire were the now 49-year-old’s financial problems, she declined to move out of Costner’s $145 million Santa Barbara estate until a suitable child support arrangement could be put together.

“[Christine] understands that at some point in the future, she and the children will have to move out of the family home. She cannot do so at this early stage of the case because she does not have sufficient funding to secure housing that will ensure the children can maintain similar standards of living in the parties’ respective homes,” read court filings.

“Kevin has repeatedly ignored and attempted to deflect from the fact that fulfilling the children’s needs and maintaining their standard of living are paramount concerns within this issue.”

ncG1vNJzZmivp6x7tbTErZ%2Bippeoe6S7zGifqK9dosKktIyknK%2BhnmKwsL%2FTp5yrq12jsrV51qipraBdqL2mutNmmqGqmajBqrrEZpmarZ2crrPAzZ6prGWcqsW2vthmn5qmlJeuqHnBrqqippWowHA%3D