Wendy Williams Net Worth 2022: Embattled Host In Financial Crisis After Bank Locked Her Out of Her Accounts
Wendy Williams has recently claimed that she suffers from "irreparable financial harm" after her bank locked her out of her accounts.
In a new lawsuit per The Sun, the embattled host of "The Wendy Williams Show" said she had been frozen out of her accounts that have millions of her hard-earned money in the last two weeks.
Wendy, who hasn't appeared on the series since July of last year, suffers from multiple health problems, including Graves' disease.
In the latest filings of the lawsuit, her frozen accounts on Wells Fargo have reportedly placed her life in a financial crisis.
The media personality and her representatives claim that the bank told them they would be given a ruling after giving them a "properly executed, witnessed and notarized Power of Attorney and signed letter of representation."
The court filings, however, make no indication of who is permitted to act on her behalf or what rights have been delegated to that individual.
Wells Fargo is said to have not informed the 57-year-old host of their decision and instead recruited their legal team to handle the continuing conflict.
Wendy Williams said that the bank had consistently refused her demands for access to her financial assets in her case.
"I have submitted multiple written requests to Wells Fargo and I have visited various Wells Fargo branches in the South Florida area in an effort to resolve this matter outside of the courtroom."
She went on to say that because of what the bank did to her, she is at risk of defaulting her billing and financial obligations, including her mortgage payments and team member payroll.
Why Did Wells Fargo Freeze Wendy Williams' Accounts?
Wendy Williams alleges the bank authorities explained their decision to freeze her funds, according to the Sun. They claim they have the power to "stop or refuse instructions for a proposed transaction, awaiting legal or administrative procedures, if they suspect financial exploitation, dementia, or undue influence," according to them.
Wendy's lawyers contended that Wells Fargo overstepped its jurisdiction, in part because she had not suggested any transaction that would allow the bank to deny her access to the accounts.
Wendy Williams Net Worth 2022
According to Wealthy Gorilla, Wendy Williams has a net worth of $40 million. Her wealth comes from her shows, royalties, and other income.
