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Chip and Joanna Gaines
Cindy Ord/Getty Images for SiriusXM
Category:
TV

Here’s what Chip and Joanna Gaines of Magnolia Network are worth

After years spent renovating homes, producing magazines, and launching their own DIY network, the pair boasts an impressive net worth.
Nahila Bonfiglio
Nahila Bonfiglio
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Published: May 3, 2022 02:02 pm

It’s official. Chip and Joanna Gaines, the hosts of HGTV’s popular Fixer Upper series, launched their own cable TV network in January of 2022.

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The Magnolia Network hosts a number of popular home renovation and reality-style documentary series after it replaced DIY Network. It was originally slated to launch in October 2020, but the COVID-19 pandemic pushed its arrival back to early 2022.

The Magnolia Network can be accessed through Discovery Inc.’s streaming service Discovery Plus and includes the Gaines’ new Fixer Upper: Welcome Home, along with several familiar faces from the Fixer Upper franchise, according to Forbes. Series set to join Fixer Upper: Welcome Home include a show centered around family cooking from popular HGTV host Andrew Zimmern, and a new series from furniture maker Clint Harp.

The launch of their new network added yet another impressive item to the Gaines’ already lengthy résumé in early 2022. They are the most recognizable faces in the home renovation and DIY game, and their new network poises them to reach an even broader audience.

What is the Gaines’ net worth?

Chip and Joanna Gaines
Cindy Ord/Getty Images for SiriusXM

This is good news for the popular couple, whose net worth has grown alongside their relevance in the television renovation world. The work they’ve put in over the years has paid off in the form of an estimated net worth of $50 million, according to Celebrity Net Worth. The number combines Chip and Joanna’s incomes, resulting in an impressively high cushion for the famous fixer-uppers.

Years of work went into reaching this number, between the couple’s numerous exploits. Beyond Fixer Upper, which netted the pair an estimated $30,000 per renovation, they also earn revenue from Magnolia Realty, Magnolia Homes, their Target line, Hearth & Hand, and from numerous owned properties and businesses throughout Texas.

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Author
Image of Nahila Bonfiglio
Nahila Bonfiglio
Nahila carefully obsesses over all things geekdom and gaming, bringing her embarrassingly expansive expertise to the team at We Got This Covered. She is a Staff Writer and occasional Editor with a focus on comics, video games, and most importantly 'Lord of the Rings,' putting her Bachelors from the University of Texas at Austin to good use. Her work has been featured alongside the greats at NPR, the Daily Dot, and Nautilus Magazine.