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Friday, September 20, 2024

What Is the Property Brothers’ Web Value? They Made Tens of millions


Drew and Jonathan Scott are extra generally referred to as the “Property Brothers” with a basic rags-to-riches story.

Jamie Lerner - Author
The Property Brothers, Jonathan Scott and Drew Scott visit AOL Build to discuss their book "Dream Home: The Property Brothers Ultimate Guide to Finding & Fixing Your Perfect House" (2016)
Supply: Getty Pictures

In relation to our favourite HGTV stars, there’s no yet another common or well-known than the Property Brothers. An identical twins Drew and Jonathan Scott have grow to be family names because of the success of their present, Property Brothers, during which they assist potential homebuyers purchase and flip properties. However now, their attain goes far past the long-running actuality collection.

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As Drew welcomes his second youngster with spouse Linda Phan whereas Jonathan gears up for his nuptials with Zooey Deschanel, followers of the twins marvel how a lot cash they’ve made all through their profession and what their internet value is.

Property Brothers at HGTV lounge at CMA Music Fest
Supply: Getty Pictures

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Drew and Jonathan Scott, aka “The Property Brothers,” have an estimated mixed internet value of $200 million.

Whereas $200 million may not appear loopy excessive for 2 actual property moguls and tv personalities, the brothers put some huge cash into their creative and philanthropic endeavors. Plus, who wants various million {dollars} anyway? The truth is, Drew and Jonathan began life out as working middle-class brothers who’ve been hustling since they have been simply 7 years outdated.

The Property Brothers grew up in Canada after their father emigrated from Scotland with desires of turning into a cowboy. Their dad, Jim, labored within the movie trade and the boys wished to observe in his footsteps. However first, they realized easy methods to work. Drew and Jonathan began a enterprise, JAM, that bought nylon-covered hangers at simply 7 years outdated.

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Drew and Jonathan Scott

Tv personalities, realtors, contractors

Drew and Jonathan Scott, identified additionally because the “Property Brothers,” are most well-known for co-hosting their HGTV ‘Property Brothers’ franchise.

Beginning Names: Andrew Alfred Scott, Jonathan Silver Scott

Beginning Date: April 28, 1978

Beginning Place: Vancouver, British Columbia, Canada

Mom: Joanne Scott

Father: Jim Scott

Partner: Linda Phan (Drew married 2016)

Youngsters: Drew — Parker (b. 2022), Piper (b. 2024)

Siblings: J.D. Scott (b. 1976)

Schooling: Southern Alberta Institute of Know-how (Jonathan)

As Jim began renovating properties, he paid his sons to assist him construct and restore components of the properties after they have been solely 8 years outdated. In addition they labored as clowns, making as a lot as $100 per hour at events and occasions. Whereas Drew pursued sports activities, Jonathan pursued music, and whereas in faculty, they each garnered extra curiosity in performing.

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However to keep away from turning into “ravenous artists,” they determined to spend money on actual property. They purchased their first property after they have been solely 18 years outdated with a $250 down cost, flipped it, rented it for a bit, after which bought it with a $50,000 revenue, kickstarting what would grow to be their lifelong profession. There was nobody else who may grow to be the Property Brothers — they’ve the actual property and leisure expertise.

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Via their numerous endeavors, they introduced in money from shopping for, flipping, and promoting properties, in addition to their tv careers. Whereas they’d roles of their early years on Smallville and The X-Information, their star-making profession started after they created Scott Brothers Leisure, a manufacturing firm with their older brother, J.D. Scott.

Cineflex first pitched Drew to host an actual property competitors, however ultimately, they developed Property Brothers with Jonathan, and after its success in Canada, HGTV made a proposal to distribute.

Now, Property Brothers is likely one of the longest-running and most-watched exhibits on the community and has impressed a number of spin-offs that make up the Property Brothers franchise. They’re additionally essentially the most highly-paid stars on HGTV, making $75,000–$150,000 per episode every. Their spinoffs embrace Shopping for and Promoting, Brother Vs. Brother, and extra.

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They’ve additionally created an app, the Property Brothers Handbook, and printed books on discovering and fixing properties. Whereas Drew has been together with his spouse, Linda, since they met in 2010, Jonathan’s love life has been extra inconsistent. Nonetheless, he’s now engaged to actor Zooey, who’s prone to increase his internet value as soon as they marry and mix property.

Due to Drew and Jonathan’s work with Habitat for Humanity, they have been chosen for the group’s highest honor, Habitat Humanitarians. In addition they labored with Michelle Obama on her “Let’s Transfer” marketing campaign and have donated giant sums to St. Jude’s and different pediatric most cancers initiatives and charities. So although they appear to have infinite cash, not less than they’re placing it to good use!

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