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'Tarek's Flip Side': What's Tarek El Moussa's net worth? A look at his kickass car collection and new home

He often splurges on expensive cars and lavish vacations and he recently bought girlfriend Heather Rae Young a Ferrari Portofino for her birthday

Tarek El Moussa cashed in on the shaky real estate market. When most realtors were figuring out a way to recover from heavy losses, Tarek found the perfect opportunity to change the real estate scene. He began flipping houses and hired a full-fledged crew to help him document his many renovation gigs. And just like that, HGTV approached him with the sketch of 'Flip or Flop', which propelled him to the top and he established himself as a sought-after design expert who is worth millions now. 

According to Celebrity Net Worth, Tarek's net worth is at $10M. It's not surprising given the number of projects and shows he has landed since 'Flip or Flop'. 'Flipping 101 with Tarek El Moussa' is one where he mentors aspiring renovation experts but more often than not, they don't agree with Tarek's, which makes for good TV. He will be next seen in the Discovery+ show 'Tarek's Flip Side', which is set to premiere on January 4, Monday. 

Tarek is quite the spender. He splurges on expensive cars and lavish vacations often. Recently, on girlfriend Heather Rae Young's birthday, he bought her a brand new Ferrari Portofino. They both love sports cars and it made sense to have one in the garage apart from the 2011 Lamborghini Gallardo that Tarek has been meaning to upgrade for a more technologically advanced one. But, Tarek's favorite is the 2014 GMC Sierra Denali. He got them lifted, which meant he was able to take it out for off-roading, but what seems to impress him the most is the car's storage capacity, Motorbiscuit reported.

Tarek currently lives out of a rental home in Newport Beach, California, with Heather. But they have bought a new house, which they are currently redoing. Although, their deadline for wrapping up the project was pushed due to flooding and they were over budget briefly. However, the house situation seems to be in control now and the couple is looking forward to the day they can finally move in. The house faces the beach and features an exquisite terrace, which will be further beautified by a jacuzzi, People reported.