Chip and Joanna Gaines are the co-owners and operators of Magnolia Homes, a remodelling and design business in Waco, Texas.
The couple’s Fixer Upper” shows the many processes Chip and Joanna Gaines transforms dilapidated but potential-rich houses into showplaces that are helping revitalize entire neighbourhoods of central Texas.
Working hand in hand to salvage hopelessly looking homes, Chip manages the construction and TV reality side of Magnolia, while his wife Joanna handles the designing aspect. Together, they also act as part-time counsellors to clients who can’t see a structure’s beauty beyond the blemishes.
Their marriage has lasted for 14 years after they tied the knot in 2003 and have thrived successfully as a couple ever since. Shortly after their marriage, Chip and Joanna Gaines ventured into house flipping business – which wasn’t easy at first.
Now, the couple owns the profitable Magnolia Silos, a trio of chic home goods boutiques that have a presence in their hometown, Waco in addition to an online presence. Magnolia Homes, their high-end home renovation business; and even Magnolia Realty, their very own real estate agency sells dream homes in the highly sought after cities of East Texas: Dallas, Austin, and San Antonio.
Chip And Joanna Gaines Net Worth
Chip and Joanna Gaines are said to be worth a combined fortune of $5 million, estimated to be as high as $8 million.
The business is fetching tonnes of cash for Chip and Joanna and here’s why. Apart from their well known Magnolia trio, the couple owns the Magnolia house, an exclusive vacation rental house where a single night lodging costs as much as $695 and above.
Also, they publish a quarterly magazine specifically on home improvement which according to statistics, has as much as 700,000 subscribers who pay $20 each for their yearly subscription; they own a line of premium interior paints which sell for around $46 a gallon, their paint business complements their home renovation business.
Plus, the couple makes over $30,000 for each episode of Fixer Upper – which by the way, will be ending this winter
Their Divorce Rumours
Rumours mounting over a possible divorce between Chip And Joanna Gaines has obviously died a natural death as Chip confirms such is trash. He had twittered in August that the divorce “won’t ever happen..” saying, “you can take that to the bank! #loveOfMyLife”
Speaking to the People in an interview in June, he said there are times they get off track, but it’s like everything they care about and everything that’s important to them. So there you have it, so far, so good – NO DIVORCE!
House Of Chip And Joanna Gaines
You might have had a glimpse of their stunning farmhouse on HGTV. The house is one of their earliest “Fixer Uppers” viewings – renovated shortly after they got married.
The house is a 1,700-square-foot Victorian home that sits on 40 beautiful acres in Crawford, Texas, a suburb of Waco. It was a 1895 two bedroom farmhouse they purchased in 2012; a property that took about a year and a half to renovate.
Looking at the gorgeous house now accommodating a six-person family with an open layout on the main floor, it was worth the effort for both Chip And Jo.
Joanna took charge of the designing and she shared her experience remodelling their home. The interior has a laundry hall, kitchen, living room, dining room, office and sitting room, a masters bedroom, two separate rooms for their kids, an upstairs living room, a coffee bar, a craft room for the kids, and a guest room.
What Scandal Trails Them?
The latest scandal tailing the Gaines is their partnership with the mega-retailer, Target, to launch a new home line — Hearth & Hand with Magnolia. Several criticisms from loyal fans questioned their commitment to Christianity and traditional marriage (the couple have been praised in the past for their Christain faith) over their business decision.
Fans called the Gaines’ partnership with Target hypocritical because of the retailer’s (Target) well known controversial policy on transgender bathroom use. This was of course, after the April scandalous lawsuit by Chip’s former Magnolia Real Estate partners who sued him to the tune of $1 million. They claimed Chip intentionally deceived them into selling their shares to him at an unsatisfactory and undervalued amount without honestly discussing the future plans he had with them prior to the sale.
However, Chip’s Lawyer dismissed the case as unmeriting. Other than rumours of their divorce and Jo’s alleged intention to exit the show – which she debunked, Chip And Joanna Gaines are squicky clean.
The Kids of Chip and Joanna Gaines
Chip and Joanna have four children, Drake (11), Ella Rose (9), Duke (8), and Emmie Kay (7) who they pretty much kept out of the limelight – not completely hidden, just a little glimpse of the kids in their show, book, and Instagram feeds.
Raising the kids in a productive farm lifestyle seem to be the Gaines’ mantra for great parenting. Despite being famous, Chip and Joanna have maintained a very little distance away from home to keep give the kids the best care and upbringing.
Chip and Joanna Gaines Wiki
Chip was born on November 14, 1974, in Albuquerque, New Mexico, US, while Joanna was born on April 19, 1978, in Kansas,
Both graduated from Baylor University – Chip with a degree in Business and Jo studied Communications, but she and Chip shared similar interest in construction and design and together, they started their own TV show, “Fixer Upper” in 2013 – showcasing the management of Magnolia Homes, Magnolia Realty, Magnolia Silos, Magnolia Market, and Magnolia Villas. They also have a book together, a furniture line, and paint line.