Tarek El Moussa is an American TV personality and real estate investor who has a net worth of $15 million. Tarek made lots of his earnings in real estate, marketing properties for billions to celebs and the upper crust. His TV reality show and other endorsements on the show also bring in a lot of revenue for him.
Tarek is one of the wealthiest TV celebrities, having amassed substantial wealth through his business entities. The couple discovered successful flipping houses as a substitute for selling real estate, which took a knock during the 2008 financial crisis.
Apart from being a television personality, Tarek El Moussa is a well-known name in real estate. He has made a deal worth several million dollars in his name. After all, how does he manage his money? How much money does he pay in tax? Let us find out how much of the annual earnings come from TV shows.
Tarek El Moussa Net Worth 2023
|Net Worth:||$15 Million|
|Profession:||TV Personality, Investor|
|Age:||42 Years Old|
|Born:||August 21, 1981|
|Salary (Annual):||$2 Million|
Christina and Tarek made a total of $10,000 every episode in the early seasons of the HGTV show. For the season, that came to roughly $130,000. By season 3, their per-episode salary had been increased to $40,000, for a total of $600,000 each season.
- At the age of 21, Tarek began his career as a real estate agent.
- El Moussa has a tight relationship with his mother, who even assists him with flips.
- He starred in two smash series during the housing meltdown of 2008, marketed his Costa Mesa house for $2.7 million, and even possesses a yacht.
- His life may have been saved by a ‘Flip or Flop’ enthusiast who also happened to be a nurse practitioner.
- El Moussa’s finances, as well as his life, may have been spared by “Flip or Flop.”
- Their housing ambitions were hampered by the coronavirus.
- With the exception of a $3300 loss in a particular episode, El Moussa’s flips are always profitable.
- Heather Rae Young, a real estate agent, and reality TV star is his girlfriend.
- Heather may be a new house flipping partner for him as well.
Tarek El Moussa spent his early childhood days in Long Beach, California, where he was born on August 21, 1981. His ancestors are Arab and European. He’s half-Arab and half-Iranian. In the Middle East, his dad grew up as a Catholic in Lebanon and subsequently Egypt.
My father migrated to Europe when he was in his late teens, and his mother hails from Belgium. Tarek is a U.S. citizen. Dominique is his younger sister. Tarek has a close family that comprises his mother, father, and stepfather, all of whom live close by and help him with his kids often.
Tarek works as a real estate agent and flipper in Orange County, California. He is well-known for purchasing property at auctions, remodeling them, and then reselling them again. At the age of 21, he obtained his real estate license and commenced house flipping right away.
Through his flipping business, he met his future wife, Christina Haack. Christina focused on design, while Tarek oversaw restorations. The economy grew until 2008 when it crashed. Following the crash, Tarek and Christina notably downsized from a $6,000-a-month mansion to a $700-a-month studio apartment.
Tarek, Christina, and their associate Pete De Best paid $115,000 in Santa Ana for their first investment home. Tarek and Christina’s real estate investments improved as the overall economy improved.
Tarek recruited a buddy to video him and Christina flipping a property from beginning to end in 2011 on the spur of the moment, with the intention of turning it into an audition tape.
In 2012, Christina and Tarek secured an agreement with HGTV, and their program, Flip or Flop, debuted in 2013. The show depicts the pair as they go through the typically difficult process of bidding on a home, remodeling and rebuilding it to make it marketable, and finally flipping it.
Tarek is in charge of the remodeling, while Christina is in charge of the design and maintaining everything on track. Christina and Tarek recorded 92 episodes over seven seasons between 2013 and 2017. The pair became very well-known.
HGTV has unveiled Tarek El Moussa’s new tv show, Flipping 101 with Tarek El Moussa, for 2020. Tarek is featured on the show as he trains real estate beginners in order to teach them the keys to a credible flip.
Season 10 of the show will broadcast on HGTV in 2021, after a successful 10-season run. During his career, Tarek El Moussa has invested in several companies and properties and currently has a net worth of over $20 million.
In the year 2009, Tarek El Moussa wedded Christina Haack. They met while working at a real estate firm and went on to set up a business altogether. Taylor Reese El Moussa was their first kid, born in 2010. In 2015, their second child, Brayden El Moussa, was welcomed.
Apart from the income and expert charges earned from property flipping and the talent fees earned from Flip or Flop, El Moussa and Haack have begun to offer a real estate school called Real Estate Elevated.
In 2018, Christina tied the knot with Ant Anstead, an English tv personality. Hudson Anstead is the couple’s first child. They acquired a $4.1 million house just two blocks away after their wedding in Newport Beach, California.
Heather is a Southern California native, resembling Tarek. When she was 18, she took a job as a professional model. She works with celebs, entertainers, and sportsmen as a real estate agent, specializing in elevated and rich customers. Animal welfare is something that Heather is very enthusiastic about.
She is committed to staying in shape and consuming a nutritious diet. Her 3 dogs, Sebastian, Baxter, and Brandy, enjoy romping on the beach with her. Heather can’t seem to stop gushing about Tarek, their relationship, her love for him and his children, and his kid Taylor being her best friends during season 2 of Selling Sunset.
As per reports, Tarek El Moussa’s net worth has grown by 40% in the last 3 to 4 years.
|Net Worth||$15 Million|
|Name||Tarek El Moussa|
|Date Of Birth||August 21, 1981|
|Income||$2 Million (Annual)|
|Spouse||Heather Rae Young|
Tarek El Moussa just paid $790,000 USD for a Mercedes-Benz AMG GT. In addition, Tarek El Moussa possesses a $150,000 Jaguar i- Pace. BMW X9, Ferrari Portofino, and Audi Q2 are among his other automobiles.
Tarek announced in 2020 that he was selling the house he acquired after he and his now-ex-wife divorced in anticipation of the new house in Newport Beach with Heather, but they later backed out owing to problems in the house.
Tarek’s previous property already had been marketed, so they started renting a sleek, modern beach house just a block from the coast for at least a year. Heather has a West Hollywood condo as well, which is nearer to her Sunset Strip workplace.
Tarek El Moussa Net Worth
As of 2023, Tarek El Moussa’s net worth is estimated at around $ $15 million. Christina and Tarek made a total of $10,000 every episode in the early seasons of the HGTV show. Leaving his job at the age of 20, he became a licensed real estate agent and sold his first million-dollar home within 2 years. He is the Co-Host of HGTV’s Flip or Flop and has flipped close to 500 houses.