Remember the girl who was carrying flyers around Manhattan, looking for her fiancé, with tears in her eyes after the 9/11 attacks? That was Rachel Uchitel, a Bloomberg News TV producer then.  She shot to prominence after her scandalous affair with the golfing GOAT Tiger Woods. The scandal was a defining phase of her life, and she had received a substantial settlement from Tiger Woods. “I was not a mistress, and I was in a real relationship, and I want people to leave me alone about it. I made a bad decision. And I regret it, and I’m embarrassed about it and … my apology is to two people, not the world, two people,” Uchitel had stated then. Fortunately, she has finally found a chance at love as she announced her engagement to boyfriend, Dan Donovan.

In the meantime, after her stint with Woods, Uchitel has been having an illustrious career. So, how much is the former Bloomberg News TV producer worth now?

Rachel Uchitel’s earnings and net worth after the scandal

Rachel Uchitel’s current net worth stands at $500,000. Her main income stream comprises several TV appearances and also receiving a substantial amount of money as settlement from the lawsuit with Woods. Rachel Uchitel signed an NDA and was apparently supposed to be given $8 million in total from the lawsuit. “I’m not an idiot, I’m not a hooker, I’m not a prostitute. I was and am a very smart girl and that’s why I negotiated $8 million because I knew it was going to affect my life,” she stated.

The initial figure got trimmed down comprehensively to $2 million after tax cuts and legal fees.  However, that turned out to be even lesser after she was denied further payment by Woods’s lawyers after she took a paycheck to appear in articles in OK magazine, thereby annulling the NDA. During the affair, Uchitel was working as a VIP hostess and did her trade in Vegas before moving to New York City. She was earning nearly $250,000 a year as salary and another $250,000 as guaranteed tips.

Post her affair with Woods, Uchitel had a hard time finding any jobs. She did open two children’s boutiques in New York City, including one named after her daughter, Wyatt Lily. Uchitel had to close both boutiques later. She also appeared in the show “Celebrity Rehab with Dr. Drew”, for which she was reportedly given $400,000.

At one point, Uchitel was also involved in an intense custody battle with Matt Hahn. In July 2020, it was reported that Rachel had to launch a GoFundMe to support her ongoing custody battle. She was incapacitated work-wise due to the COVID-19 pandemic and had already spent close to $100,000 in legal fees. According to the New York Post, in July 2020, Rachel filed for bankruptcy, possibly because of the increasing legal costs. In March 2021, the “Post” reported that her former landlord was suing Uchitel.  She was being sued for $48,000 worth of unpaid rent, property damage, fees, and interest.

Rachel Uchitel’s upbringing and early life

Uchitel was born in Alaska, and her parents divorced at the age of four. Unfortunately, her dad died of a drug overdose when she was 15. Her paternal grandfather, Maurice Uchitel, left her $150,000 in his will after his death in 2000. He was once the owner of the nightclub El Morocco in Manhattan.

Uchitel went to the University of Hampshire, where she graduated with a degree in psychology and communications. She took an internship with CNBC after her graduation. In 2000, she joined Bloomberg as a news assistant. It was during her stint at Bloomberg that she met investment banker Andy O’Grady, with whom she got engaged. O’Grady’s tragic passing in 2001 was one of the defining moments of Uchtiel’s life.

She worked for five years at Bloomberg before moving to Las Vegas to become a VIP hostess at the Tao Nightclub and Restaurant, a very successful nightclub. She moved back to New York after two years and then was cast into the limelight again after her affair with Tiger Woods.