Tarek El Moussa Net Worth: How Much Money Does the ”Flip or Flop” Star Have?
American TV host and real estate investor Tarek El Moussa has a net worth of $15 million. Tarek made a lot of money from real estate. He sold billion-dollar homes to celebrities and the rich. His reality show on TV and the endorsements he does on it also makes him a lot of money.
Tarek is one of the wealthiest TV stars because he has built up a lot of money through his businesses. The couple found that flipping houses were a good way to make money instead of selling real estate, which was hard to do after the 2008 financial crisis.
Tarek El Moussa is a well-known name in real estate, in addition to being a TV star. In his name, he has made a deal worth several million dollars. How does he spend his money, anyway? How much does he pay in taxes each year? Find out what percentage of the annual income comes from TV shows.
Early Life of Tarek El Moussa
Tarek El Moussa was born on August 21, 1981, in Long Beach, California, where he spent his early childhood years. He comes from Arab and European roots. He comes from both Iran and the Arab world. His dad was raised as a Catholic in Lebanon and then Egypt, both in the Middle East.
When my dad was in his late teens, he moved to Europe. His mother is from Belgium. Tarek is a citizen of the U.S. Dominique is his younger sister. Tarek’s mother, father, and stepfather are all close to him. They all live nearby and help him with his kids often.
Personal Life of Tarek El Moussa
Tarek El Moussa got married to Christina Haack in the year 2009. They met at a real estate company where they both worked and went on to start a business together. Taylor Reese El Moussa, who was born in 2010, was their first child. Brayden El Moussa was born in 2015, making him their second child.
El Moussa and Haack have started a real estate school called Real Estate Elevated. This is in addition to the money they make from flipping houses and the fees they get for being on the show Flip or Flop.
In 2018, Christina got married to the English TV star Ant Anstead. Hudson Anstead is their first child together. After they got married in Newport Beach, California, they bought a house for $4.1 million just two blocks away.
Heather is from Southern California, which is where Tarek is from. She became a professional model when she was 18. She is a real estate agent who specializes in high-class and wealthy clients. She works with celebrities, athletes, and other famous people. Heather cares a lot about the health and happiness of animals.
She is determined to stay in shape and eat a healthy diet. Sebastian, Baxter, and Brandy, her three dogs, like to play with her on the beach. During season 2 of Selling Sunset, Heather can’t stop talking about Tarek, their relationship, how much she loves him and his kids, and how his daughter Taylor is her best friend.
Net Worth of Tarek El Moussa
Tarek El Moussa’s net worth is expected to be around $15 million in 2022. In the first few seasons of the HGTV show, Christina and Tarek made a total of $10,000 per episode. He quit his job at 20 and became a real estate agent. Within 2 years, he sold his first million-dollar home. He is a co-host of the show “Flip or Flop” on HGTV, and he has turned around about 500 houses.
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Career Life of Tarek El Moussa
In Orange County, California, Tarek serves as a real estate agent and flipper. He is renowned for purchasing properties at auction, renovating them, and reselling them. At age 21, he earned his real estate license and immediately began flipping houses.
Through his profession in real estate flipping, he met his future wife, Christina Haack. Christina was responsible for the design, while Tarek handled the restorations. The economy expanded until 2008 when it collapsed. Tarek and Christina significantly downsized from a $6,000-per-month home to a $700-per-month studio apartment after the market crisis.
In Santa Ana, Tarek, Christina, and their colleague Pete De Best bought $115,000 for their first investment property. As the economy recovered, Tarek and Christina’s real estate investments increased in value.
Tarek enlisted the help of a friend to film him and Christina flipping a property from start to finish in 2011 for the purpose of creating an audition DVD.
Christina and Tarek signed a contract with HGTV in 2012, and their program, Flip or Flop, premiered in 2013. The show follows the couple as they go through the arduous process of bidding on a home, renovating and reconstructing it to make it marketable, and then flipping it.
Tarek is in charge of the renovation, and Christina is responsible for the design and keeping things on schedule. Between 2013 and 2017, Christina and Tarek taped 92 episodes spanning seven seasons. The couple achieved widespread fame.
2020 will mark the premiere of Tarek El Moussa’s new HGTV series, Flipping 101 with Tarek El Moussa. Tarek is featured in the episode as he instructs real estate novices on how to do a convincing flip.
After a successful 10-season run, the show’s tenth season will premiere on HGTV in 2021. Over the course of his career, Tarek El Moussa has invested in a number of enterprises and properties, and his current net worth exceeds $20 million.
Real Estate of Tarek El Moussa
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.
Final Words
Tarek El Moussa is a well-known name in real estate, in addition to being a TV star. He sold billion-dollar homes to celebrities and the rich.
She is a real estate agent who specializes in high-class and wealthy clients. He is a co-host of the show “Flip or Flop” on HGTV. His net worth is expected to be around $15 million in 2022. Tarek and Christina El Moussa downsized from a $6,000-a-month home to a $700-per-month studio apartment. As the economy recovered, Tarek’s real estate investments increased in value. Flip or Flop’s 10th season will premiere on HGTV in 2021.
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