How much is Chip Gaines worth?
|Net Worth:||$10 Million|
|Date of Birth:||November 14, 1974|
|Country:||United States of America|
Who Is Chip Gaines
Chip Gaines is a renovator who together with his interior designer wife, Joanna, are stars of HGTV’s Fixer Upper which ran until 2018.
Today, as of 2020, Chip Gaines has a net worth of about $10 million dollars.
How did Chip become rich and famous?
As host of HGTV’s Fixer Upper, Chip and Joanna have been flipping, remodeling and fixing up homes together for the past 12 years as owners of Magnolia Homes in Waco, Texas. They have worked on and flipped more than 100 homes together, leveraging off Chip’s sharp instinct on real estate and Joanna’s unique talent for design.
The couple buys beaten up properties that need a lot of work, fixes them up and sells them for a profit. They have majorly added to their worth by turning their business/lifestyle into a reality TV series called “Fixer Upper” which ran up until 2018 on HGTV. Yet there is talk of a relaunch show with Chip and Joanna sometime in 2020.
In the meantime, they have been busy with writing and publishing another edition of Joanna’s New York Times bestselling cookbook Magnolia Table, Volume 2: A Collection of Recipes for Gathering. They are busy with their renovation company and word has it that they are developing their own network of television shows.
The couple’s lifestyle is what first attracted HGTV to make a reality show around them. There is a large audience of people who were already watching shows like “Flip or Flop” and “Fixer Upper” was popular among that same market segment. Their lifestyle revolves around scouring every known source of real estate listings and zeroing in to the best possible property purchase at the best possible price. They then leverage their own skills and hard work to completely renovate the building and flip it for a profit.
Still, while the Gaines made it look so simple, they had their fair share of problems, like when one guest star revealed that the opening scene where he had to choose between three homes the Gaines picked out for him was not real as he already had a home. However, in truth, we watched Fixer-Uppers, not for the selection of homes Chip made for a guest; we watched it for the work he put into renovating the home, the designs Joanna created and the partnership the couple displayed that inspired us.