HGTV Fixer Upper stars, Chip and Joanna Gaines are making a lot of headlines recently, so fans wonder what their 2021 net worth is. Some of the headlines include speculation that the power couple is divorcing. Other headlines give all the details on the launch of Magnolia Network. Keep reading to find out more details about Chip and Joanna Gaines’ 2021 net worth.
What is Chip and Joanna Gaines’ 2021 net worth?
It seems like the curiosity about Chip and Joanna Gaines and their 2021 net worth comes ahead of the release of their Discovery+ platform Magnolia Network. The premiere of Magnolia Network is on July 15th. Not only are they releasing this platform, but Fixer Upper gets a reboot. Check out the trailer for Fixer Upper: Welcome Home below.
Meaww reports on the upcoming events for the popular television couple. The outlet claims that they are “rich in love.” It is likely that this claim is made because Chip and Joanna recently celebrate their 18th wedding anniversary. However, Meaww goes on to report more details about the financial aspects of the duo’s relationship.
Citing Celebrity Net Worth, Meaww reports that the couple has a combined wealth of $20M. Shockingly, the couple makes in the ballpark of $30K per episode of Fixer Upper. Also, in Waco, Texas, the couple has a handful of local businesses. These businesses include Magnolia Homes, Magnolia Realty, Magnolia Market, Magnolia Seed & Supply, and Silos Baking Co.
Other ways they make money
Not only do the Gaines have a bunch of businesses, but Joanna has been regularly publishing books since 2016. The books include cookbooks, how-to books, and children’s books. The titles are listed below.
- The Magnolia Story
- Magnolia Table: A Collection of Recipes for Gathering
- Homebody: A Guide to Creating Spaces You Never Want to Leave
- We Are the Gardeners
- Magnolia Table, Volume 2: A collection of Recipes for Gathering
- The World Needs Who You Were Made to Be
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Notably, there was once the potential of a $1M loss by way of a 2017 lawsuit. Magnolia Real Estate Company filed a lawsuit against the Gaines because they “bought out their partners John L. Lewis and Richard L. Clark without telling them about the HGTV deal.” In conjunction with this lawsuit, there are allegations of racism and being anti-LGBTQ. Joanna addresses the claims by saying that it “keeps her up at night.” Ultimately, the lawsuit is dismissed in 2020.
Are you shocked to learn Chip and Joanna Gaines’ 2021 net worth? Let us know your thoughts in the comment section below. Make sure to come back to TV Shows Ace for more reality television news.
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