While many Minnesota viewers have watched Christina and Tarek El Moussa rebuild homes on their reality television show “Flip or Flop”, the couple’s marriage has fallen into disrepair. With divorce on the horizon, their assets that total approximately $4 million will need to be divided.
Their income currently comes from the proceeds of their home sales and payments of $10,000 each per episode. Speaking fees of $40,000 add to it as well as the profits of their real estate agency. Their home in Yorba Linda possesses a current value of about $3 million. They also reportedly own a yacht that demands $1 million on the market. Expensive vehicles like a Bentley and an Escalade further increase their net worth.
Cracks in the foundation of the El Moussa marriage appeared publicly in May 2016 when police responded to a conflict at their home. Tarek allegedly went outside with a gun taken from his safe. Reconciliation appears doubtful as they seek companionship outside of marriage. Christina has been dating a contractor that worked on the backyard, and Tarek has apparently started a relationship with the family’s former nanny.
Couples who are facing a high-asset divorce might wish to seek out individual legal counsel. A person in a divorce that involves substantial money and property as well as child custody could work with an attorney to come to terms with the other spouse. Private negotiations managed by the attorney could produce an agreement that spares the uncertainty of having a court make these decisions.
Source: Hollywood Take, “TAREK AND CHRISTINA EL MOUSSA’S NET WORTH SPLIT IN DIVORCE? MONEY AND CUSTODY ISSUES LOOM AFTER NASTY ‘FLIP OR FLOP’ BREAKUP”, Robin Lempel, Dec. 26, 2016