Tarek El Moussa Net Worth
Tarek El Moussa is a notable real estate and house renovation expert and co-host of “Flip or Flop.” Born in Long Beach, California, on August 21, 1981, El Moussa’s achievement is inspirational. He has made a name for himself in real estate with his zeal and business attitude.
Southern California property flipping launched El Moussa’s business in the early 2000s. Television producers noticed his ability to turn distressed homes into profitable companies. He founded “Flip or Flop” with Christina Haack, his ex-wife, in 2013. The show covers their efforts to buy derelict houses, refurbish them, and sell them.
Despite personal struggles and his divorce, El Moussa remained committed to his career. His real estate skills, charm, and on-screen charisma made him famous. In addition to television, Tarek El Moussa has succeeded in other businesses and investments.
El Moussa is noted for his philanthropy outside of business. Having battled thyroid cancer, he supports many charities, including cancer research. El Moussa’s perseverance, drive, and love of real estate have made him a powerful figure.
Tarek El Moussa’s Net Worth Growth
Year | Net Worth (Million) |
Tarek El Moussa Net Worth in 2023 | $60 Million |
Tarek El Moussa Net Worth in 2022 | $55 Million |
Tarek El Moussa Net Worth in 2021 | $50 Million |
Tarek El Moussa Net Worth in 2020 | $45 Million |
Tarek El Moussa Net Worth in 2019 | $40 Million |
Tarek El Moussa Net Worth in 2018 | $35 Million |
Tarek El Moussa NET WORTHÂ
Famous American investor and TV personality Tarek El Moussa is worth $60 million. Tarek El Moussa gets $200,000 per episode and millions from real estate. Real estate and television achievements have increased El Moussa’s wealth. He’s also made money via endorsements and speeches.
TV host, author, and real estate investor Tarek El Moussa is American. He is best known for hosting Flip or Flop with his ex-wife Christina Haack on HGTV. The pair buys troubled properties, renovates them, and sell them for profit in the show. Flip or Flop was one of HGTV’s most successful shows for 10 seasons, premiering in 2011.
Beyond Flip or Flop, El Moussa has been on various other HGTV shows, including Flipping 101 and Flipping Fury. Flipping Your Way to Riches and Fixer Upper Frenzy are his novels.
After buying their first distressed property in 2008, El Moussa and Haack began investing in real estate. El Moussa renovates and designs properties, while Haack markets and sells. This pair has flipped over 100 Southern California homes.
Tarek El Moussa Net Worth
Value | Attribute |
Net Worth | $60 Million USD |
Salary per Episode | $1 Million |
Real Estate Income | $6 Million |
Monthly Income | $5,00,000 + |
Known for | Flip or Flop; Flipping 101 with Tarek El Moussa |
Last Updates | 2023 |
Tarek El Moussa Biography
Real estate fans and TV watchers are intrigued by Tarek El Moussa’s story. Born in Long Beach, California, on August 21, 1981, El Moussa’s story of perseverance is captivating.
Tarek was entrepreneurial from childhood. His interest in real estate shaped his future. In the early 2000s, he began house flipping in Southern California, perfecting his abilities and discovering his gift for turning neglected buildings into profitable ventures.
Tarek’s life changed drastically in 2013. Co-creating “Flip or Flop” with his ex-wife Christina Haack, their on-screen chemistry and house-flipping skills captivated audiences nationwide. Tarek gained fame and new adventures after the show’s success.
Tarek struggled personally despite his professional success. His divorce presented fresh challenges that tested his strength and fortitude. Tarek’s tenacious attitude helped him overcome the challenges and keep focused on his work and passion.
Despite difficulties, Tarek proves “what doesn’t kill you makes you stronger.” Adapting, learning, and growing has helped him flourish as a real estate mogul and a person. Tarek El Moussa’s unquenchable curiosity, unflinching ambition, and relentless pursuit of success continue to inspire.
Value | Attribute |
Real Name | Tarek Gustave El Moussa |
Nick Name | Tarek El Moussa |
Date of birth | 21 August 1981 |
Age | 41 years old |
Height | 178 cm (5 Feet 10 Inches) |
Weight | (155 lbs) 70 kg |
Birth Place | Long Beach, California, United States |
Gender | Male |
Profession | Real Estate Investor and Television Personality |
Nationality | American |
Eye Colour | Light Brown |
Hair Colour | Dark Brown |
Education | Sunny Hills High School |
Zodiac Sign | Leo |
Sexual Orientation | Straight |
Kids/Children Name | Tristan Jay, Taylor El Moussa, Brayden El Moussa |
Parents | Dominique El Moussa |
Divorce | Christina Hall (m. 2009–2018) |
Spouse | Heather Rae El Moussa (m. 2021) |
Tarek El Moussa as a TV Star
Moussa’s company suffered a major setback, yet the real estate pro persisted. He explored various ways to get back on his feet and came up with flipping houses.
Christina and El Moussa then bought cheap residences, renovated them, and sold them profitably. The plan was brilliant, and Tarek El Moussa became a wealthy real estate investor worldwide.
His strategy would eventually be noticed by the right individuals. He and his wife found that people loved their company strategy after they started making money. They taped their daily routines and pitched HGTV.
The audition tape soared. HGTV invested in the idea and made a show. Tarek El Moussa’s successful TV career began here.
Tarek El Moussa’s Balance Sheet, Income Statement
Value | Attribute |
Assets | $3 Million + |
Gold Reserves | $70,000 + |
Luxury Cars | 10 + |
Luxury Watches | 20 + |
Stock Portfolio | $3 Million + |
Luxury Yachts | 1 + |
Loans & Liabilities | $1 Million + |
Crypto Investments | $500,000 + |
Investment | $35 Million + |
Salary | $1 Million Per Episode |
Monthly Income | $5,00,000 |
Annual Income | $5 Million + |
Annual Expense | $7,00,000 + |
Taxes Paid | $400,000 + |
Royalty Income | $14 Million + |
Flip or Flop
Tarek El Moussa and Christina Haack began filming Flip or Flop, a reality show about their business and life, in 2013. The 10-season series was an instant hit and ended in 2022.
On the show, Tarek El Moussa oversaw renovations while his then-wife designed and kept things on track.
The 13-episode first season of Flip or Flop earned the pair $10,000 every episode. By season 3, they earned $40,000 per episode. This money per episode for four seasons totaled $600,000.
HGTV aired 92 Flip or Flop episodes from 2013 to 2017. The show aired 155 episodes by 2022.
The show ended in March 2022, four years after Tarek El Moussa’s divorce. The exes filmed 10 seasons of Flip or Flop following their amicable divorce, but the show has ended.
It is unknown how much they earned during the past few seasons of the show and how much it contributed to their projected net worth, but it was undoubtedly substantial.
El Moussa Group was dissolved after the divorce. Now titled Tarek & Associates, Tarek El Moussa manages the company alone.
Others
Show Name | Year(s) |
Flip or Flop | 2013 to 2022 |
Brother vs. Brother | 2013 |
HGTV Insider | 2015 |
Flip or Flop Follow-Up | 2015 |
Home and Family | 2017 |
Rock the Block | 2017 to 2021 |
RuPaul | 2019 |
Flipping 101 | 2020 to 2021 |
Extreme Makeover: Home Edition | 2020 |
Tarek’s Flip Side | 2021 |
Flipping El Moussas | 2023 to present |
Cancer diagnosis
Ryan Reade, a registered nurse and show fan, wrote to the production company in 2013. She advised having a doctor examine Tarek’s neck tumour, which she saw on Flip or Flop. The diagnosis was cancer. Tarek had thyroid and testicular cancer. Tarek probably lived because the nurse helped him get treatment before things got worse. In an HGTV.com video, The El Moussas praised Reade for contacting producers.
DivorceÂ
Unfortunately, Tarek and Christina parted in May 2016. After Tarek exited the house after a fight and was supposedly suicidal, police were summoned to their residence. Tarek stated he was never suicidal and went hiking with a gun to avoid dangerous creatures. Divorce was filed in January 2017. The divorce threatened their programme and co-owned real estate agency The El Moussa Group. Their divorce was finalised in January 2018. They filmed the eighth season of Flip or Flop after the divorce and seem to get along as co-parents. Tarek and Associates replaced The El Moussa Group after their divorce.
In 2018, Christina married Ant Anstead, an English television personality. Hudson Anstead, born September 6, 2019, is their son. They acquired a $4.1 million Newport Beach mansion two blocks away when they married.
Relationship with Heather Rae Young of Selling Sunset
Since July 2019, Tarek has been dating Heather Rae Young, a real estate agent for the Oppenheim Group in Los Angeles, featured on Netflix’s Selling Sunset. Heather is the most distracted Selling Sunset real estate agent, but that may be because it’s her side gig. Heather models for EMG. She has over 600,000 Instagram followers. In February 2010, she named Playboy Playmate of the Month. Heather, like Tarek, is from Southern California.
She started modelling professionally at 18. She represents rich celebrities, entertainers, and athletes as a real estate agent. Heather loves animal rights. She dedicates herself to fitness and nutrition. She runs on the beach with Sebastian, Baxter, and Brandy. Heather obsesses over Tarek, their relationship, how much she loves him and his kids, and how Taylor is one of her best friends in season two of Selling Sunset.
This pair married at the Rosewood Miramar Beach Hotel in Montecito on October 23, 2021. It was on Discovery+’s “Tarek and Heather: The Big I Do.” The couple’s son was born January 31, 2023.
Real Estate
Tarek announced in late April 2020 that he was moving out of the home he acquired after he divorced his ex-wife in favour of a new place in Newport Beach with Heather, however the home had issues. Tarek’s former property sold, so they located a sleek, modern beach house a block from the seaside to rent for at least a year. Heather also has a West Hollywood flat near her Sunset Strip office. They made Newport Beach their permanent home in November 2021 after deciding it was perfect for their family.
Tarek El Moussa’s Success: What to Learn?
For real estate, entertainment, and business professionals, Tarek El Moussa is an inspiration. He started small, endured trials, and succeeded early. Did he give up after losing practically everything in the economic collapse?
No, he fought harder under pressure. He used his ingenuity and commercial skills to popularise a new strategy that inspired most real estate professionals for years. He made millions flipping houses and appeared on a popular real estate reality show.
Tarek El Moussa has experimented with new things. Over the years, he’s been a real estate agent, business owner, and TV personality.
His diverse financial portfolio shows us that we should diversify our incomes. It’s about producing money and not losing everything on one failing endeavour, not just enjoying a luxury existence.
Tarek El Moussa on Social Media
Tarek El Moussa’s social media presence boosts his wealth. His Instagram has over 1.3 million followers and his YouTube channel has over 7,47 thousand subscribers as of November 2023.
Tarek El Moussa Social Media Accounts
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FAQs
1. What is Tarek El Moussa’s 2023 net worth?
2023 Tarek El Moussa net worth: $60 million.
2. How did Tarek El Moussa enter real estate?
Tarek started his real estate career flipping houses in Southern California in the early 2000s, spotting opportunity in distressed buildings.
3. With whom did Tarek El Moussa co-found “Flip or Flop,” and when?
Tarek started “Flip or Flop” in 2013 with Christina Haack, his ex-wife. The show chronicles their profitable house-buying, renovation, and sale.
4. What is Tarek El Moussa’s philanthropy?
After fighting thyroid cancer, Tarek supports charities, especially cancer research. His charitable work shows his dedication to helping others.
5. Despite personal problems, how did Tarek El Moussa succeed?
Tarek showed resilience, determination, and a passion for success in his real estate industry despite personal setbacks like his divorce.
Conclusion:
Tarek El Moussa’s rise from Southern California house flipping to “Flip or Flop” fame shows his entrepreneurial passion and perseverance. His resilience, including overcoming cancer, is impressive. Tarek’s wealth comes from a variety of businesses besides television. His story encourages entrepreneurs and real estate investors to adapt and persevere. As Tarek evolves in his business and personal life, his impact on real estate and entertainment remains considerable.