Estimated Net Worth: $3.7 Million
Fact 1: Her Ex-Husband is in Prison
Phaedra’s ex-husband, Apollo Nida, is currently serving a 5-year sentence in prison. According to federal prosecutors, Nida was charged with conducting an auto loans fraud scheme that stole millions of dollars from an unsuspecting 50 people over the course of a few years. Coming from a very religious and conservative family, they were reportedly shocked to find out about his criminal actions. The couple officially divorced in 2014 after almost 20 years of being together. They have two sons, Dylan and Ayden. Phaedra is currently raising them on her own as a single mother.
Fact 2: She is Bobby Brown’s Lawyer
Controversial singer and ex-lover of Whitney Houston, Bobby Brown, still pays Phaedra to represent him in court. During the time when Bobby Brown was being blamed for Houston’s death, she was constantly in front of cameras denying all allegations. In a press conference Phaedra said, “What we have to remember is that they were both adults…Whitney took responsibility for what happened with her life.” When Houston died from drowning in the bathtub after a drug overdose, Brown was onstage performing a concert. Before Houston died, Phaedra was acting as her lawyer as well.
Fact 3: She Has 3 College Degrees
Phaedra is quite the intelligent woman. She currently holds three esteemed degrees from various institutions: a bachelor’s degree in economics from Wesleyan College, a doctorate from the University of Georgia, and a degree in mortuary sciences from Jefferson State College. Her educational background helped her open up her very own successful law firm, The Parks Group. Her firm primarily represents people in the entertainment business. Always hard at work, she is juggling practicing law, being a mother, and starring on the hit reality show, The Real Housewives of Atlanta.
We estimate that Pheadra Parks has a net worth of roughly $3.7 million largely based on her earnings as one of the Real Housewives of Atlanta.