Surprising Fortune: Tarek El Moussa Net Worth Shatters Expectations
Let’s delve into the fascinating world of Tarek El Moussa, an American real estate agent and reality TV star. Tarek El Moussa has amassed an impressive net worth of $15 million. Based in Orange County, California, he specializes in buying homes and flipping them for profit.
Many of you may recognize him from the popular HGTV show Flip or Flop, where he partnered with his ex-wife, Christina Haack (formerly Christina El Moussa).
In this article, we’ll explore the surprising truth behind Tarek El Moussa net worth and uncover why it’s even bigger than you may have imagined.
Early Life and Pre-HGTV Career
Tarek El Moussa, born on August 21, 1981, was raised in Long Beach, California. He has a multicultural background; his father is of Middle Eastern heritage and his mother is from Belgium. Tarek has a close-knit family, including a sister named Dominique, and they all live nearby, providing support to Tarek and helping out with his kids.
Tarek, a real estate agent and house flipper based in Orange County, California, gained recognition in the industry at the age of 21 when he obtained his license. He quickly began flipping houses and met his future wife, Christina Haack, who shared his passion for flipping.
The couple decided to join forces, with Christina focusing on design aspects while Tarek took charge of managing renovations. Their business flourished, but when the housing market crashed in 2008, they faced significant challenges. Tarek and Christina went from living in a luxurious house worth $6,000 per month to a small apartment with rent costing only $700 per month.
Undeterred by the setback, Tarek, Christina, and their partner Pete De Best, established The El Moussa Group in Orange County.The area was experiencing one of the highest foreclosure rates in the nation when the trio purchased their first investment house in Santa Ana for $115,000.
They sold it for a profit of $34,000. With the money, they expanded their business beyond California into Arizona and Nevada, continuing to flip houses and navigate the real estate market.
In 2009, Tarek and Christina tied the knot, and their family grew with the arrival of two children: Taylor Reese and Brayden James.
How Much Money Does Tarek El Moussa Make from HGTV?
When Flip or Flop, the popular TV show featuring Christina Haack and Tarek El Moussa, first started, they earned about $10,000 for each episode. That means for a whole season, they made roughly $130,000.
As the show gained more viewers and became more popular, their pay went up. By the third season, they were making $40,000 per episode, which added up to around $600,000 for the entire season.
Chris and Tarek’s Split: Chaotic Days and New Beginnings
In May 2016, something sad happened between Tarek and Christina—they decided to go their separate ways. It all started with a scary situation when the police came to their house. Tarek got upset during an argument and left in a hurry, which got people worried about him.
Some said he was even thinking of hurting himself. However, Tarek clarified that he wasn’t feeling that way at all. In fact, he took a hike with a gun only to protect himself from wild animals.
Then, in January 2017, they made it official and officially filed for divorce. This made everyone uncertain about what would happen to their TV show and the real estate company they both owned, called The El Moussa Group. Finally, in January 2018, their divorce was completed.
Surprisingly, they managed to still film the eighth season of their show, Flip or Flop, and now they have a pretty friendly relationship as co-parents after their divorce.
After parting ways from The El Moussa Group, Tarek started a new real estate agency called Tarek and Associates. On the other hand, Christina found happiness in the arms of a British TV presenter named Ant Anstead.
They tied the knot in December 2018 and even bought a beautiful house worth $4.1 million in Newport Beach, California. It’s interesting because their new house is only two blocks away from where Christina used to live with Tarek.
— Ant Anstead (@AntAnstead) August 7, 2023
In the midst of all these changes, they welcomed their adorable son, Hudson Anstead, on September 6, 2019. Despite the ups and downs, life goes on, and new beginnings bloom.
Tarek and Heather: Love and New Beginnings
Tarek and Heather Rae Young, a real estate agent from the Oppenheim Group featured on Selling Sunset, have been in a loving relationship since July 2019. Heather is one of the real estate agents on the show, and although she gets easily distracted, it’s because real estate isn’t her main focus—it’s her side job.
Heather works as a model for EMG agency and has quite the following on Instagram, with over 3.1 M fans. In February 2010, she was even chosen as the Playboy Playmate of the Month.
View this post on Instagram
Similar to Tarek, Heather is a real estate agent who works with high-profile clients, such as celebrities, musicians, and athletes. She is also passionate about animal rights and takes steps to maintain her physical fitness.
You’ll often find her running on the beach alongside her three furry companions—Sebastian, Baxter, and Brandy.
During the second season of Selling Sunset, Heather often spoke about her affection for Tarek, their relationship, and her fondness for his children.She even considers Tarek’s daughter Taylor one of her closest friends.
On October 23, 2021, Tarek and Heather celebrated their love by tying the knot at the picturesque Rosewood Miramar Beach Hotel in Montecito. The joyous occasion was captured in a special aired on Discovery+ called “Tarek and Heather: The Big I Do.” Their romance flourished as they had a son on January 31, 2023.
Tarek and Heather’s Real Estate Adventures
In late April 2020, Tarek made a decision to move away from the house he bought after his divorce from his former wife. He wanted a fresh start and planned to settle in Newport Beach with Heather. However, they faced a setback when they discovered some issues with the house they intended to purchase. Since Tarek had already sold his previous home, they had to search for a new option.
Fortunately, they stumbled upon a stylish and modern beach house only a block away from the ocean. They opted to rent this beautiful abode for at least a year. Heather, ever the pragmatist, had a cozy abode in West Hollywood that was conveniently nestled near her workplace on the vibrant Sunset Strip.
As time went on, Tarek and Heather realized that the Newport Beach residence held the perfect charm for their growing family. In November 2021, they made a firm decision to turn this temporary rental into their permanent home. Finally, they found their cozy sanctuary near the beach, where new memories and dreams are waiting to unfold.
Tarek El Moussa Net Worth and Investments
Tarek El Moussa net worth has grown considerably primarily stemming from his diverse investments and assets. Among his possessions, Tarek El Moussa boasts an impressive collection of 9 real estate properties, 11 cars, and 3 luxurious yachts. Additionally, he holds a remarkable cash reserve of over $15 million.
Beyond physical possessions, Tarek El Moussa’s investment portfolio stands firm with a value of $10 million. This collection includes shares from some well-known companies such as ViacomCBS, Verizon Communications, General Motors, PepsiCo, and Procter & Gamble. These investments contribute significantly to Tarek El Moussa’s overall net worth.
Tarek El Moussa net worth is truly remarkable and exceeds all expectations. With a fortune of $15 million, he has built a successful career in real estate, flipping houses, and starring in the popular HGTV show Flip or Flop.
His investments and diverse portfolio contribute greatly to his financial success, making Tarek El Moussa net worth even more impressive than one may have imagined.
August 11, 2023