How Chip and Joanna Gaines Achieved a Net Worth of $18 Million

Chip and Joanna Gaines have practically become household names. For a number of years, they operated a business in the Waco, Texas area that involved purchasing old houses that were dilapidated, refurbishing them and then selling them or renting them. They always strived to do excellent work and it wasn’t long before people were starting to take notice. As is the case with most things, they were doing this long before it became a fad in Hollywood but once it did, producers know exactly who they wanted to talk to for a new television show and it was Chip and Joanna Gaines.

Net Worth$18 Million
NameChip & Joanna Gaines
Age45 / 42
BornAlbuquerque, New Mexico / Kansas
Birth DateNovember 14, 1974 / April 19, 1978
Source of WealthAmerican Reality Television
CountryUnited States

It wasn’t long before they were taking the business that they had already been doing for years and putting it on a television screen for all to see. They were already considered local celebrities in Central Texas, and once their television show hit the networks, their popularity skyrocketed to a point that even they couldn’t imagine it. This got them even more business and before they knew it, they had more business than they could possibly handle. Before much time had passed, people were on a waiting list in order to get a job completed by Chip and Joanna Gaines. This is part of how they made so much money, accumulating a net worth of 18 million dollars.

Rest assured, flipping houses and being on a television show isn’t the only way that they got all that money. It definitely contributes to it and in a big way but there are other things as well. For one thing, they started a number of different product lines that were available in stores around the country. Some of the product lines were exclusive to certain chains and some could be found much more readily. They had products for the home and even their own exclusive line of paints, ranging from your classic wall paint to the much more hip and updated chalk paint.

As their popularity grew, they also started to be featured in a number of television specials and magazines. Every time they were featured on something, they got a certain amount of money for the interviews that they were providing. It didn’t take long before their already profitable business was making more money than you could possibly imagine, thanks to all the extra exposure. In addition, their product lines and the television show itself was bringing in a great deal of money that they weren’t initially expecting.

It’s important to remember here that Chip and Joanna Gaines had a successful business that was doing quite well in its own right before they became famous. It’s not like they were starting with nothing. All of the extra activities that centered around their fame only served to contribute to their net worth. It also meant that they were now flipping houses around the country, not just in Waco. It didn’t take long for the cost of some of these projects to triple or even quadruple in price, as a direct result of their popularity and the overwhelming demand for their services.

All of this adds up to a great deal of money. Even Joanna Gaines herself has commented on how she could have never imagined that having a small business with her husband could have turned into everything that they have before them today. While they consider it a great blessing and they certainly are happy to have a net worth of 18 million dollars, they are also quick to caution people about just how much things can change your life, even when you’re determined not to let it work out that way.

As a matter of fact, it wasn’t that long ago that they announced they would no longer be doing their television show. They do plan to continue their product lines and the business that they started so many years ago, but they don’t plan to be doing everything in front of a television camera at the moment. They both decided that it was just too stressful and that all of that fame was adding too many extra layers to their lives when they really wanted to focus on their family.

That just goes to show you that no matter how much money you make, it’s not always worth it. For them, the good news is that they should be set for life. For now, they’ve decided to live a quieter and more private life than they had before.


Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ocado
20 Things You Didn’t Know about Ocado
Tim Steiner
10 Things You Didn’t Know about Tim Steiner
Swiggy
20 Things You Didn’t Know About Swiggy
Yancey Spruill
10 Things You Didn’t Know about Yancey Spruill
NFT Market
The Top Five NFT Marketplaces Out Right Now
Activist Investors
What Exactly is Activist Investing?
Apple Products
Five Stocks That Most Billionaire Investors Own
Venture Capital
The Rise of the Venture Capital Scene in Africa
Squirrel Hill North
The 10 Richest Neighborhoods in Pittsburgh
Chestnut Hill
The 10 Richest Neighborhoods in Philadelphia
Curitiba
The 20 Best Places to Live in Brazil
See the Views from The Rimrocks
The 20 Best Things to Do in Billings, MT, for First Timers
McLaren Models
The Top Five 0-60 mph McLaren Models of All-Time
1998 McLaren F1 LM
The Five Most Expensive McLaren Models of All-Time
Review of the 2021 BMW X5 xDrive 45e
Does McLaren Make an SUV?
Hermes Klikti watch 17 x 16 mm
The Five Most Expensive Hermes Watches Money Can Buy
Louis Vuitton Tambour Daimer Cobalt Blue And Gold Chronograph 46
The Five Best Louis Vuitton Watches Money Can Buy
Chopard Alpine Eagle Ladies' Small
The Five Finest Gold Chopard Watches
Chopard
The Used Chopard Watch: A Buyer’s Guide
Josh Duhamel
How Josh Duhamel Achieved a Net Worth of $18 Million
Gabby Douglas
How Gabby Douglas Achieved a Net Worth of $4 Million
Liza Minelli
How Liza Minnelli Achieved a Net Worth of $50 Million
Joy Behar
How Joy Behar Achieved A Net Worth of $30 Million