'Honey Boo Boo' Trust Fund; Reality Family's Finances Handled by TLC?
Alana Thompson, star of the TLC reality series "Here Comes Honey Boo Boo," has a trust fund set up from the money she receives per episode.
TMZ reported that June Shannon, mother of the child beauty queen also known as "Honey Boo Boo," said the money made from the TV show is equally divided amongst her five daughters, according to an interview published Sunday..
"I want my kids to look back and say, 'Mama played it smart. Not like those other reality TV people,'" said Shannon to the gossip website.
However, she is not the one who actually handles the money as the funds are distributed by The Learning Channel executives.
"TLC puts the money into the girls' trust accounts for me and then I get an email telling me how much everyone gets," Shannon said.
Each episode of the hit reality series brings in reportedly around $15,000 to $20,000. That is enough for each daughter to receive about $3k-4k from each episode in which they make an appearance.
In order to protect her family's assets she setup trust funds which cannot be accessed before the girls turn 21. The only reasons that the money can be used before the established age would be for severe medical issues or educational purposes.
While new found stardom comes with a bit of wealth, the reality television mom said that she does not want to get carried away.
"You're never gonna see me drive a Range Rover or a Mercedes," Shannon added. "I'll drive one if someone else pays for it. Never gonna live above my means."
The reality TV series returned on Sunday night with a special Halloween episode, and a newly blonde-haired Shannon whose hair was died by her children at their kitchen table, according to Us Magazine.
Apart from the money they get paid directly from the hit television show, Shannon's family appears in many public events and has numerous merchandising deals.
