Pennsylvanians who follow the show "Flip or Flop" may have heard that its stars, Christina and Tarek El Moussa, are divorcing. While it is rumored that the show will end after the pair film the last few episodes under their contract, reports indicate that nothing has been finalized.
How the stars will divide their assets is likely to be a hotly contested issue in their divorce. The couple reportedly has a net worth of $4 million. Each receives a $10,000 appearance fee per episode along with the profits that they earn from flipping houses. The El Moussas also have a real estate agency that they jointly own.
In addition, the couple owns a $3 million home in Yorba Linda, California. They also own a $1 million yacht which is located in Newport Beach as well as multiple expensive vehicles. Currently, Christina El Moussa is staying in the house in Yorba Linda with her children. The couple reportedly split up in May 2016, and they are both dating other people. Tarek is dating the couple's former 23-year-old nanny while Christina is dating a contractor that has previously worked for the couple.
Divorcing couples who own closely held businesses must determine how they will divide those interests. When a couple has a high net worth, untangling the assets and finances in a divorce may be more complex. A family law attorney may get the help of a financial adviser or a forensic accountant in order to track down all of the assets and income sources that the client's spouse owns so that this information can be used during settlement negotiations or at trial.
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