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Tarek El Moussa: The Real Estate Mogul And TV Personality

Scope
Category:
Richest Business › Executives
Net Worth:
$15 Million

How Tarek El Moussa Built His $15 Million Empire

Let's talk about Tarek El Moussa, the charismatic real estate agent and reality TV star. With a net worth of $15 million, Tarek has carved out a name for himself not only in the world of real estate but also in the entertainment industry. Born in Long Beach, California, Tarek started his career in real estate at the young age of 21. He quickly became known for his expertise in house flipping, a skill that would later propel him to fame on HGTV's "Flip or Flop" alongside his then-wife, Christina Haack.

Early Days: From Long Beach to Real Estate Royalty

Tarek El Moussa was born on August 21, 1981, in Long Beach, California. His family has roots in both the Middle East and Europe, giving him a unique cultural background. Tarek's father was raised Catholic in Lebanon and Egypt before moving to Belgium, where he met Tarek's mother. The couple eventually settled in the United States, where Tarek was born. Tarek has always been close to his family, including his sister, Dominique, and his parents, who often help out with his children.

Tarek's journey into real estate began early. At just 21 years old, he earned his real estate license and started flipping houses. It wasn't long before he met Christina Haack, and the two formed a dynamic partnership. Together, they navigated the ups and downs of the housing market, including the devastating crash of 2008. At one point, the couple went from living in a luxurious home costing $6,000 per month to a tiny apartment costing just $700 per month. Despite the challenges, they persevered, eventually building a successful real estate business that expanded into Arizona and Nevada.

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    Tarek and Christina's business, The El Moussa Group, became a powerhouse in Orange County, California, an area hit hard by the housing crisis. Their first big win came when they purchased a property in Santa Ana for $115,000 and sold it for a $34,000 profit. This success story repeated itself as they continued flipping houses, earning a reputation for their expertise in renovating and reselling properties. In 2009, Tarek and Christina tied the knot, welcoming two children into their family: Taylor Reese and Brayden James.

    The HGTV Years: From Flip or Flop to Flipping 101

    As the economy recovered, so did Tarek and Christina's business. In 2011, Tarek had an idea that would change their lives forever. He asked a friend to film them flipping a house from start to finish, hoping to create an audition tape. That tape, combined with Christina's growing Instagram following, caught the attention of producers at HGTV. In 2012, they signed a deal, and "Flip or Flop" premiered in April 2013. The show became a hit, showcasing the couple's talents and chemistry as they navigated the world of real estate. Tarek handled the renovations while Christina focused on design, creating beautiful spaces that sold quickly.

    By 2017, "Flip or Flop" had aired 92 episodes over seven seasons, making Tarek and Christina household names. But Tarek didn't stop there. In 2020, he launched "Flipping 101 with Tarek El Moussa," a show where he mentors aspiring real estate investors. In 2023, Tarek introduced "The Flipping El Moussas," a new show featuring his second wife, Heather Rae Young.

    A Health Scare That Changed Everything

    In 2013, a fan named Ryan Reade noticed a lump on Tarek's neck during an episode of "Flip or Flop" and urged him to see a doctor. It turned out to be testicular and thyroid cancer, a diagnosis that could have been fatal if not caught early. Thanks to Ryan's vigilance, Tarek was able to seek treatment and make a full recovery. He later thanked Ryan in a video on HGTV.com, acknowledging her life-saving intervention.

    From Flip or Flop to Split: Tarek's Divorce from Christina

    Not all of Tarek's personal and professional milestones have been smooth sailing. In May 2016, he and Christina announced their separation, a decision that came after a tense argument at their home. Though Tarek initially claimed he wasn't suicidal, the incident raised concerns about their relationship. Their divorce was finalized in January 2018, marking the end of their marriage but not their working relationship. They continued to film the eighth season of "Flip or Flop" and maintained a respectful co-parenting dynamic for their children.

    Following their split, Christina remarried Ant Anstead, a British TV personality, in December 2018. The couple welcomed a son, Hudson Anstead, in September 2019. Meanwhile, Tarek found love again with Heather Rae Young, a real estate agent and former Playboy Playmate featured on Netflix's "Selling Sunset." The couple tied the knot in October 2021, and in January 2023, they welcomed their first child together.

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  • Heather Rae Young: Tarek's Partner in Life and Business

    Tarek and Heather's relationship has been nothing short of a fairytale. Heather, a Southern California native, began her career as a model at 18 and later transitioned into real estate. She's passionate about animal rights, fitness, and spending time with her dogs. On "Selling Sunset," Heather often spoke fondly of Tarek and his children, highlighting the close bond they share. Together, Tarek and Heather have built a life filled with love, laughter, and success.

    Real Estate Ventures with Heather Rae

    After his split from Christina, Tarek sold his home and began searching for a new place with Heather. In 2020, they considered a property in Newport Beach but ultimately backed out due to flaws in the home. Instead, they rented a chic beach house near the ocean, planning to stay there for at least a year. Heather also maintained an apartment in West Hollywood, closer to her work. By November 2021, the couple decided the Newport Beach home was perfect for their growing family and made it their permanent residence.

    How Much Does Tarek El Moussa Earn from HGTV?

    In the early seasons of "Flip or Flop," Tarek and Christina earned a modest $10,000 per episode, totaling around $130,000 per season. By season three, their pay increased to $40,000 per episode, or roughly $600,000 per season. Today, Tarek's earnings from HGTV, combined with his real estate ventures and other projects, contribute significantly to his $15 million net worth.

    There you have it—the incredible journey of Tarek El Moussa, from humble beginnings to becoming one of the most recognizable faces in real estate and entertainment. Whether he's flipping houses, mentoring others, or building a life with his family, Tarek continues to inspire millions with his passion, determination, and heart.

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