Tarek El Moussa is an American tv show personality and a real estate agent. He is a California-based real estate agent and so a house flipper. Tarek is popular for his HGTV show called Flip or Flop. The net worth of Tarek El Moussa is $15 million. Continue reading to learn more about Tarek El Moussa’s salary, assets, personal life, career, and net worth.
Tarek El Moussa’s net worth 2022
The audience has consistently asked, How much is Tarek El Moussa’s net worth? How is he so rich? What is Tarek El Moussa’s net worth in 2022? And so on. Well, the answer remains the same the real-estate agent’s net worth is $15 million as of 2022, and the secret to his wealth is his hard work for his HGTV and real estate careers. Tarek’s ex-wife, Christina, is also a real estate agent, and the couple owned a venture called Tarek and Christina: The El Moussa Group and earned money and made their net worth from the same. Here is what you can learn about Tarek’s early life and career.
Early Life and Pre-HGTV Career
Tarek was born on 21 August 1981 in the United States, brought up in Long Beach, California, and is of European/Arab ancestry. Tarek’s mother is from Belgium, and his sister is named, Dominique. Tarek’s father was brought up in Lebanon and, after that, in Egypt. Tarek shares a good relationship with his family, including his father, mother, and stepfather, who live close to his house.
Tarek is famous for his success in buying houses at auctions, modifying and selling them at profitable prices. He met his ex-wife Christina Haack via the flipping industry, and soon the duo came together, with Tarek managing renovations and Christina focusing on design. Their business grew until the economy subsided in 2008. As a result of the event, Christina and Tarek left their luxurious home worth $6,000 per month for a small apartment worth $700 per month.
Christina and Tarek ran the EI Moussa Group in Orange County, an area having the largest foreclosure rates in California. Christina, Tarek, and their partner Pete De Best purchased their first investment house in Santa Ana worth $115,00 and sold it at $34,000. After selling the property, the trio shared the amount, continued to do so, and scaled up their real estate investing business into Nevada and Arizona.
In 2009, Tarek and Christina married and had two kids from their marriage. Their daughter’s name is Taylor Reese, and their son is Brayden James.
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HGTV and Rise to Fame
Christina and Tarek’s real estate business also grew as the global economy recovered from the losses. In 2011, Tarek requested his friend to film Christina and him flipping a house from the beginning to the end to post it on social media and promote their business. The tape caught many producers’ eyes at HGTV and Pie Town Productions. In 2012, Tarek and Christina signed a deal with HGTV, and their show Flip or Flop aired in April 2013. The show follows the duo through bidding and selling a property. While Christina handles the design of the home, Tarek manages the renovation. Between 2013-2017, Tarek and Christina shot 92 episodes in seven Flip or Flop seasons and thus became extremely popular with the show.
In 2020, HGTV announced a new show of Tarek named Flipping 101 with Tarek El Moussa, as they knew how much Tarek El Moussa’s worth. Tarek mentored the real estate novices in his show to help people learn the secrets of a successful flip.
How Much Does Tarek El Moussa Make From HGTV?
In the initial seasons of the shows, Tarek and Christina earned $10,000 per episode. The amount grew up to $130,000 for the whole season. From the season, the pay scale for each episode increased to $40,000 and $600,000 per season.
Divorce from Christina
In May 2016, Christina and Tarek parted ways. Their split came into the news when police came to their home after Tarek ran off from the house. However, later Tarek clarified the incident stating he was never suicidal and just went on a trek along with a gun for defense against the animals.
In January 2017, Christina and Tarek filed for a divorce, which also brought uncertainty to their show’s future and real estate business. In January 2018, Tarek and Christina’s divorce was finalized and a co-parenting relationship completed their 8th season of Flip or Flop. After the divorce, The El Moussa Group, also part of Tarek El Moussa assets break under the title Tarek and Associates.
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Relationship with Selling Sunset’s Heather Rae Young
According to reports, Tarek and Heather Rae Young, a Los Angeles real estate agent, have been dating since July 2019. Real estate is not their main gig of Heather; she is also a model by profession and has a huge fan following on social media handles. Like Tarek, Heather is also a resident of Southern California, who started her modeling career when she was 18. As a real estate agent, Heather is dealing with high-profile clients, including athletes, musicians, and celebrities. She is a fitness freak person and is passionate about animal rights. Heather was also featured in a Netflix show, Selling Sunset, in which she spoke about her relationship with Tarek in the second season. Not just the relationship, but Heather also expressed her love for Tarek’s kids and Tarek and how she considers Tarek’s daughter Taylor, her best friend.
Tarek El Moussa Net Worth In 2022: Real Estate
In April 2020, Tarek disclosed that he was about to shift to his new home with Heather, which he bought after he parted ways with his ex-wife, but canceled the idea because of flaws in the house. As Tarek has already sold his former home, Heather and Tarek have found another option of renting a chic modern house for a year. The house is near the ocean and seems perfect for the couple’s preferences. Despite Heather maintaining an apartment in Well Hollywood, she is still ready to go ahead with the decision of renting another home with her partner.