Josh Flagg net worth: Richest agent on 'MDLLA' owns 10 luxury cars
Flagg has about ten luxury cars in his kitty, including a 1960 Rolls Royce Cloud II convertible
Bravo's hit series 'Million Dollar Listing Los Angeles' has always fascinated audiences by giving them a peek into the exclusive and luxury lifestyle of the rich and famous. The show documents the day-to-day life of successful real-estate agents as they close multi-million dollar deals and enjoy their fabulous life.
Just like their super-rich clients, many of the agents featured on 'MDLLA' are pretty wealthy. If you have ever wondered which of the agents featured on the show is the richest, we got you covered. It might not come as a huge surprise to many that OG 'MDLLA' star Josh Flagg is the richest amongst his peers with an impressive net worth of a whopping $35 million! Read on to know more about Flagg's plush lifestyle and how he spends his wealth.
Flagg is no stranger to finer things in life since he was born into a very wealthy family. Flagg's paternal grandmother- Edith Flagg was a very successful fashion designer who amassed a fortune of $100 million in her lifetime, Flagg's maternal grandfather was a successful businessman, who had a net worth of $4 million. So needless to say, Flagg enjoyed a luxury lifestyle from the get-go.
Growing up in an exclusive Beverly Hills neighborhood sparked an interest in real-estate in Flagg at a very early age. In fact, he began selling properties at the age of 18, even before he finished graduating from high school. In an essay that he penned for Dont Hide It, Flaunt It, he wrote, "I initially went to Stephen S. Wise elementary and then Brentwood School. But from an early age, all I wanted to do was real estate, so I was asked to leave Brentwood and then finished at Beverly Hills High School."
Flagg kicked off his career at the tender age of 18 under the guidance of real-estate agent Bruce Nelson, who had his own agency. He learned the tricks of the trade under Nelson, and soon became one of the most successful and highly sought-after agents in LA.
Flagg is an extremely successful real-estate broker who has worked with several high-profile clients like: Gettys, Suzanne Somers, former United States Secretary of the Treasury Bill Simon, the Chagoury’s, Prince Abdullah of Saudi Arabia, Stan Lee, the DeBartolo's, and Ted Field. On his website, Flagg claims that he has has sold over $2 billion worth of property during his career.
In 2009, Flagg set up his own real estate firm called "John Flagg Estates" in collaboration with Keller Williams. He later started working with Rodeo Realty. Flagg's addition to the cast of 'MDLLA' gave his career an extra push, as he became a popular household name. This helped him diversify his income sources.
Despite being born with a silver spoon, Flagg worked really hard and managed to amass a cool $35 million net with, as estimated by Celebrity Net Worth. While a good chunk of the $35 million net worth can be attributed to his successful real-estate dealings, his stint on 'MDLLA' has paid off pretty well too. As the last remaining OG cast member on the show, Flagg is rumored to be paid a whopping $2 million annually by Bravo, as reported by Just Richest.
Aside from his real estate money, and Bravo cheques, Flagg also makes good money off his best-seller books- 'A Simple Girl: Stories My Grandmother Told Me' and 'Million Dollar Agent: Brokering the Dream.' His first book is based on his grandmother's life, and the proceeds raised from the sales of the book is donated to a philanthropic organization.
Flagg is also the creator of an app called 'Star Maps'. Star Maps allows users to locate celebrity properties, and get a virtual tour of celebrity homes! So what does Flagg do with all his money? He spends it on art, cars, and furniture. Flagg has about ten luxury cars in his kitty, including a 1960 Rolls Royce Cloud II convertible. He considers his cars as his most prized possessions. He also owns the largest collection of Billy Haines' furniture in the world. Flagg lives in a $7 million mansion in Beverly Hills with his husband Bobby Boyd.
Flagg also firmly believes in supporting various charities and causes. He explained, "My grandparents and parents instilled in me at a very young age that giving back to the community is the most important thing you can do if you're privileged enough to do that."
'Million Dollar Listing Los Angeles' Season 13 returns with a special 90-minute premiere on Thursday, September 2 at 8/7c on Bravo.