By Breaking Celebrity News Staff

She may be a Skinnygirl, but is she as rich as she says she is?

Bethenny Frankel is denying allegations that she lied about earning a whopping $120 million for her cocktail mix company, thereby undeservingly making it onto Forbes’ Highest Earning Women List.

However, entertainment business insiders tell Breaking Celebrity News that there is no way the former Real Housewives of New York star banked such an astronomical bundle of money.

Breaking Celebrity News spoke to several insiders, who specialize in celebrity endorsement deals, and they all agreed that no-one, not even the biggest A-list stars, are making that much money for any sort of deal.

“Even Brad Pitt is not raking in a sum like that for an endorsement deal, so an ex-reality star certainly isn’t,” one insider sniffed.

As Breaking Celebrity News previously reported, Frankel was listed as the third highest paid woman in entertainment between May 2010 and May 2011 trail