You Won’t Believe How Much the Property Brothers Are Really Worth
If you’re big reality television fan, one show you probably watch is HGTV’s Property Brothers. Like many of the show’s fans, you probably want to know everything about Drew and Jonathan Scott’s personal life. One thing you might be wondering about is their personal finances. Exactly how much are the brothers worth? Wonder no more; we have some answers.
Here’s how much Drew and Jonathan Scott are really worth.
How they got started
Drew and Jonathan Scott started out (and are still) working in real estate. When they were 18-year-old students at the University of Calgary, they purchased their first home in Alberta, Canada. Taking advantage of the need for student housing, they fixed up an old student house and charged students $800 a month in rent, reports Money.
Next: They found success in no time.
Drew and Jonathan had success early on
The money they earned from their real estate business helped them earn enough money to buy their first investment property for $200,000. They purchased the home with a $250 down payment and flipped it to make a $50,000 profit. Over the years, Drew and Jonathan did quite well for themselves purchasing, selling, and flipping homes. Eventually, they were asked to do HGTV’s Property Brothers.
Next: HGTV really likes them.
Their popular show led to several spinoffs
Like some of the other successful shows on the channel, HGTV decided it wanted to add more shows based on the original. Property Brothers was such a hit for HGTV that it led to several spin-offs, including Buying and Selling, Property Brothers at Home on The Ranch, Brother vs. Brother: Jonathan vs. Drew, and Property Brothers at Home.
Next: A new chapter.
They founded their own production company
The brothers also have their own production company, Scott Brothers Entertainment, which was founded in 2002. They produce all their HGTV programs themselves. Some of the shows they have produced include HGTV Insider; Half-Price Paradise; Home United; Reno, Set, Go; and Menu Match-Up.
Next: This activity helps them make big bucks.
Like many of the other HGTV stars, Drew and Jonathan also make money from public speaking gigs. In 2016, Starcasm reported the brothers’ speaking fee was as high as $60,000. Their growing popularity has given them the ability to almost double their fees. As of this writing, Drew and Jonathan are now charging as much as $100,000, according to the price listing on the Speaker Booker Agency website.
Next: The Scott brothers continue to be smart entrepreneurs.
Their home furnishings line
In addition to the production company, Drew and Jonathan also have their own line of home furnishings. In 2015, the Scott brothers launched a home furnishings line called Scott Living. Almost two years later, they launched Dream Homes by Scott Living. Their home products can be purchased at stores such as Lowe’s, Orchard Supply Hardware, Wayfair, and through QVC.
Next: Now you can take them with you everywhere.
The real estate stars also earn cash from book deals. So far, Drew and Jonathan have written two books. They released their first book, Dream Home: The Property Brothers’ Ultimate Guide to Finding & Fixing Your Perfect House in April 2016. Their second book, It Takes Two: Our Story, was released in September 2017.
Next: You won’t believe how much they’re worth.
How much Drew and Jonathan are worth
Drew and Jonathan Scott are compensated well for being one of HGTV’s most popular hosts. As mentioned above, they earn cash from their shows, book deals, their production company, and more. The brothers are reportedly worth a combined $20 million, according to Celebrity Net Worth.
Next: This is what’s next for the brothers.
What’s next for Drew and Jonathan
In November 2017, another Property Brothers spinoff was launched, called Property Brothers at Home: Drew’s Honeymoon House. The show focuses on Drew Scott and his soon-to-be wife Linda Phan as they renovate their new home. Instead of running for several seasons, the show is only set to run for five episodes, as the emphasis of the show is on renovating this one home.
In addition, Drew and Jonathan recently signed a multi-year deal with Scripps Network, the parent company of HGTV. Scott Brothers Entertainment will also produce new series for Scripps. In addition, the brothers will continue producing their current shows.
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