Chip and Joanna Gaines are owners and managers of HGTV’s Fixer Upper and they, for the past 12 years, have been changing, remodeling and fixing up homes together. With this many year of work in the line of business, Chip and Joanna Gaine’s net worth is amazing. They are as owners of Magnolia Homes in Waco, Texas. They changed more than 100 homes. The secret their success is the mix of Chip’s great instinct on real estate and Joanna’s a unique approach to design.
Chip and Joanna Gaines Net Worth
The couple has own business. First, they are a manager for Fixer Upper Season 4. This show will carry home network HGTV well into 2017 and will have from sixteen-episode. each episode will bring $30,000 for the couple. In the result, all show will net them nearly a half-million dollars, and this amounts to a reality TV salary. But, as can we see such shows often have much more episodes than they announce. For example, Season 3 ran long with eighteen episodes. Further, Chip and Joanna Gaines are owners buildings and acreage, which are evaluated approximately $7.6 million. This property is around the greater Waco area.
But their business сonsists not only of this. Joanna has her clothing lines with Matilda Jane; Fixer Upper-inspired paint, through KILZ; her rugs, with Loui Fabrics; and line of furniture, which is popular because she has the close partnership with Standard and her line of furniture is presented on display at the International Home Furnishings Market in High Point NC.
Joanna and Chip in this year also created the Magnolia Journal, which shows lifestyle with the Fixer Upper brand. Its sales are high. The couple took a $600,000 balance for their two-book deal with Thomas Nelson, who wrote The Magnolia Story last year. The Magnolia House B&B goes for $695 per night and is very popular. The place is booked through to the end of July 2017 and will bring $253,675 into the Fixer Upper coffers. So you see most of Chip and Joanna Gaine’s Net Worth comes from Tv show and real estate business.
House, cars and other properties
They live in a cozy big house, which they build for themselves ($ 1,2 million). Just their property is valued at $3.5 million, it includes a popular Magnolia Silos, home to Magnolia Market, Chip and Joanna’s office, the yearly Celebration and Christmas extravaganzas.
Source: Magnolia Market
Net worth by years (2013 – 2017)
|2013||$ 2 million|
|2014||$ 1 million|
|2015||$ 1,8 million|
|2016||$ 3 million|
|2017||$ 3 million|
Joanna Gaines was born on April 19, 1978, in Kansas.She spent most of her childhood in Texas. Before going to the top, Joanna took a degree in Communications at the Baylor University and then moved to New York as an intern. She opened her first boutique store in 2003. Also, she helped her father in his business.
Chip Gaines was born on 14 November 1974. His birth place is Albuquerque, New Mexico. He grew up in his hometown with his parents and a sister named Shannon Gaines. He studied Grapevine High School. Then he continues his studies at Baylor’s University affiliated Hankamer School of Business, and there he fixes his first house. Next, his step was moving to Baylor University for the studies. He had a small business in that years and here he mastered his skills for big businesses.