Tarek El Moussa is an American television personality and real estate investor with a net worth of $15 million. Tarek made a lot of his money in real estate, marketing billions of dollars worth of properties to celebrities and the wealthy.
Tarek is one of the wealthiest celebrities on television, having amassed a significant fortune through his business entities. The couple successfully discovered house flipping as an alternative to selling real estate, which took a hit during the 2008 financial crisis.
Apart from being a TV personality, Tarek El Moussa is also a well-known name in the real estate industry. He has made a million-dollar deal under his name. So how does he manage his money? How much tax does he pay? Let’s find out what his annual income is.
Tarek El Moussa Net Worth (2024)
| Net worth: | 15 million dollars |
| Job: | TV Personality, Investor |
| Year old: | 43 years old |
| Nation: | USA |
| Born: | August 21, 1981 |
| Salary (Annual): | 2 million dollars |
| Last updated: | 2024 |
Tarek El Moussa Net Worth Growth
| Net worth 2024 | 15 million dollars |
| Net worth 2023 | 13 million dollars |
| Net worth 2022 | $12.2 million |
| Net worth 2021 | $11.3 million |
| Net worth 2020 | 11 million dollars |
Salary details
Christina and Tarek earned a combined $10,000 per episode in the early seasons of the HGTV show. Over the course of a season, that number increased to about $130,000. By season 3, their per-episode pay had increased to $40,000, for a total of $600,000 per season.
Truth
- At the age of 21, Tarek began his career as a real estate agent.
- El Moussa has a close relationship with his mother, who even assists him in performing somersaults.
- He starred in two hit series during the 2008 housing crisis, put his Costa Mesa home on the market for $2.7 million and even owned a yacht.
- His life may have been saved by a ‘Flip or Flop’ enthusiast who also happened to be a practicing nurse.
- El Moussa’s finances as well as his life may have been saved by “Flip or Flop”.
- Their housing ambitions have been hampered by the coronavirus pandemic.
- Except for a $3,300 loss on one particular episode, El Moussa’s speculative ventures were always profitable.
- Heather Rae Young, a real estate agent and reality TV star, is his girlfriend.
- Heather could also be his new partner in buying and selling houses.
Early life
Tarek El Moussa spent his childhood in Long Beach, California, where he was born on August 21, 1981. His ancestry is Arab and European. He is of mixed Arab and Iranian descent. In the Middle East, his father was raised Catholic in Lebanon and later Egypt.
My father immigrated to Europe when he was in his late teens, and his mother is from Belgium. Tarek is a US citizen. Dominique is his younger sister. Tarek has a close-knit family of mother, father, and stepfather, all of whom live nearby and often help care for the children.
Career
Tarek worked as a real estate agent and house flipper in Orange County, California. He was known for buying properties at auction, renovating them, and then reselling them. At the age of 21, he got his real estate license and started flipping houses right away.
It was through his house flipping business that he met his future wife, Christina Haack. Christina focused on design, while Tarek oversaw the restoration. The economy was booming until 2008, when it crashed. After the crash, they moved from a $6,000-a-month mansion to a $700-a-month studio apartment.
Tarek, Christina and partner Pete De Best paid $115,000 for their first investment home in Santa Ana. Tarek and Christina’s real estate investments have increased as the overall economy has improved. Tarek hired a friend to videotape him and Christina flipping a property.
In 2012, Christina and Tarek signed a deal with HGTV and their show Flip or Flop debuted in 2013. The show follows the couple’s often difficult process of bidding on a home, renovating and rebuilding it to sell, and finally reselling it.
Tarek was in charge of the renovations, while Christina was in charge of the design and keeping everything on track. Christina and Tarek filmed 92 episodes over seven seasons from 2013 to 2017. The couple became very popular.
HGTV announced Tarek El Moussa’s new TV show, Flipping 101 with Tarek El Moussa, in 2020. Tarek appears on the show as he trains real estate beginners to teach them the secrets to a reliable house flipping transaction.
Season 10 of the show will air on HGTV in 2021, after 10 successful seasons. Throughout his career, Tarek El Moussa has invested in several companies and real estate and currently has a net worth of over $20 million.
Personal life
In 2009, Tarek El Moussa married Christina Haack. They met while working at a real estate company and later founded a business together. Their first child, Taylor Reese El Moussa, was born in 2010. Their second child, Brayden El Moussa, was born in 2015.
In addition to the income and expert fees earned from real estate sales and talent fees earned from Flip or Flop, El Moussa and Haack have started a real estate training school called Real Estate Elevated.
In 2018, Christina married British TV personality Ant Anstead. Hudson Anstead is the couple’s first child. They bought a $4.1 million home just two blocks away after their wedding in Newport Beach, California.
Heather is a native of Southern California, like Tarek. She was a professional model by the time she was 18. She works with celebrities, entertainers, and athletes as a real estate agent, specializing in high-end, wealthy clients.
Animal welfare is something Heather is passionate about. She is committed to keeping fit and eating well. Her three dogs, Sebastian, Baxter and Brandy, love to romp on the beach with her.
Heather can’t seem to stop talking about Tarek, their relationship, her love for him and his kids, and his child, Taylor, who was her best friend throughout Season 2 of Selling Sunset. Tarek El Moussa’s net worth has reportedly increased by 40% in the past 3 to 4 years.
About
| Net worth | 15 million dollars |
| Name | Tarek El Moussa |
| Year old | 43 |
| Height | (1.77 meters) |
| Weight | 80KG (Approx.) |
| Job | TV personality |
| Date of birth | August 21, 1981 |
| Place of birth | USA |
| Nationality | American |
| Income | $2 million (Annual) |
| Couple | Heather Rae Young |
“You deserve all the greatness you desire. Live as big as you want. Don’t play small or narrow your goals to make others comfortable. Just because others think it’s impossible doesn’t mean it’s impossible.”
– Tarek El Moussa
Tarek El Moussa Social Media Profile
Car collection
Tarek El Moussa recently paid $790,000 for a Mercedes-Benz AMG GT. He also owns a $150,000 Jaguar i-Pace. A BMW X9, Ferrari Portofino, and Audi Q2 are among his other cars.
Asset
In 2020, Tarek announced that he was selling the house he bought after he and his ex-wife divorced in order to buy a new house in Newport Beach with Heather, but they later canceled due to problems at home.
Tarek’s previous property was up for sale, so they started renting a sleek, modern beach house just a block from the ocean for at least a year. Heather also has a condo in West Hollywood, closer to her work on the Sunset Strip.
Tarek El Moussa Net Worth
As of 2024, Tarek El Moussa’s net worth is estimated to be $15 million. Christina and Tarek earned a combined $10,000 per episode during the early seasons of the HGTV show. He quit his job at age 20, became a licensed real estate agent, and sold his first million-dollar home in 2 years.
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