Tarek El Moussa has a net worth of $60 million and is known for being a successful real estate investor and TV personality. He has accumulated a significant amount of wealth through his business ventures, making him one of the wealthiest TV personalities.
One of Tarek’s notable accomplishments is co-hosting the popular HGTV show Flip or Flop alongside his ex-wife Christina Haack. In 2020, he also began hosting another show on HGTV called Flipping 101 with Tarek El Moussa.
In Flipping 101, Tarek serves as a mentor to individuals who are new to house flipping, sharing his expertise and helping them navigate the real estate industry.
Tarek El Moussa Net Worth
Tarek El Moussa’s net worth is $60 million. He earns $200,000 per TV episode and generates additional income from his real estate ventures. His high net worth can be attributed to his success in both the real estate and television industries. Furthermore, he has also earned money through endorsements and speaking engagements.
Additionally, Tarek is considered one of the richest individuals globally. He is known for being open to investing in ventures that may not be guaranteed to succeed and frequently collaborates with other businesspeople.
Tarek El Moussa Net Worth Growth in Previous Years
|Net Worth in 2023||$60 Million|
|Net Worth in 2022||$54 Million|
|Net Worth in 2021||$49 Million|
|Net Worth in 2020||$40 Million|
|Net Worth in 2029||$28 Million|
|Net Worth in 2018||$15 Million|
As seen from the above figures, Tarek El Moussa has experienced significant growth in his net worth over the years. This growth can primarily be attributed to his various investments and ventures. He understands how to maximize his earnings, allowing him to invest in even more ventures.
Bio of Tarek El Moussa
Tarek El Moussa was born on August 21, 1981, in Long Beach, California. He married Christina Haack in May 2009 after they met while working in the real estate industry.
The couple faced challenges in their business during the 2008 economic crisis. In 2019, Tarek El Moussa began dating actress and real estate agent Heather Rae Young, and they tied the knot on October 23, 2021, in Montecito. Their wedding was featured in a special called “Tarek and Heather: The Big I Do” on Discovery+. Numerous well-known individuals attended the event and offered their blessings, making it a remarkable occasion.
|Real Name||Tarek El Moussa|
|Famous as||Real estate Investor|
|Date of Birth||21 August 1981|
|Profession||Real estate Investor|
|Birthplace||Long Beach, California, United States|
|School||Sunny Hills High School|
|Net Worth||$60 million|
|Spouse||Heather Rae Young|
|Parents||Dominique El Moussa|
|Social Media||Facebook, Twitter, Instagram|
Assets and Investments
Tarek El Moussa possesses a variety of valuable assets. He owns more than 9 properties, 11 cars, and 3 luxury yachts. Additionally, he has substantial cash reserves of over $15 million. Tarek El Moussa demonstrates financial wisdom by owning stocks in 6 different companies.
Some of the stocks he holds include ViacomCBS, Verizon Communications, General Motors, PepsiCo, and Procter & Gamble. These stock investments are expected to be profitable in the long run. Tarek’s ability to carefully consider his investments contributes to his significant financial success.
Tarek El Moussa resides in a large and luxurious home in Long Beach, California. The impressive house spans 5,000 square feet and features amenities such as a spacious balcony, an indoor pool, 7 bathrooms, and 5 bedrooms. Prior to moving in, Tarek El Moussa spent approximately $400,000 on repairs and improvements for the house. The maintenance costs of such an extravagant property are substantial, further highlighting El Moussa’s wealth.
Tarek El Moussa owns a Mercedes-Benz AMG GT worth $790,000 USD, as well as a Jaguar I-Pace valued at $150,000 USD. He also possesses other vehicles, including a BMW X9, Ferrari Portofino, and Audi Q2. The annual expenses associated with maintaining these cars are substantial, but not surprising given Tarek’s wealth and status. It is expected that he will further expand his collection of powerful cars in the future.
Tarek El Moussa Career
Tarek El Moussa has a remarkable career, marked by numerous achievements. He began working as a real estate agent at the young age of 21 in 2001. His success in the industry quickly gained him recognition.
Despite facing setbacks during the 2008 economic crisis, Tarek El Moussa bounced back and, together with his wife, developed the concept for a TV show called Flip or Flop, which they pitched to HGTV.
The show became a massive success, running for nearly 10 seasons. While Tarek El Moussa has yet to receive any awards or accolades for his work, he has made a significant impact in the real estate and television industries.
Tarek El Moussa’s personal life remains relatively private. He grew up in California and attended Sunny Hills High School. Achieving fame at the age of 21, when he became a licensed real estate agent, he managed to overcome the challenges posed by the 2008 financial crisis. His idea for the TV show Flipping Houses, which he co-hosts with his ex-wife, further solidified his success in his career. Tarek continues to thrive professionally and achieve great things.
Despite being immensely successful, Tarek El Moussa is not selfish with his wealth. He generously donates a significant portion of his money to charitable causes. If he did not engage in charitable work, his net worth would be even higher, illustrating his commitment to making a positive impact through his philanthropy.
Tarek El Moussa Social Media Profiles
Here are the links to Tarek El Moussa’s social media accounts:
What is Tarek El Moussa net worth?
Tarek El Moussa’s net worth is $60 million.
Who is Tarek El Moussa’s ex-wife?
Tarek El Moussa’s ex-wife is Christina Haack.
Also read: Christina Haack Net Worth 2023