A source is speaking out about Chip and Joanna Gaines new project!
The couple launched their new television network, Magnolia Network, this month and announced that their hit show Fixer Upper would be returning on the network.
Now, a source has revealed to Ok! Magazine how much the reality stars stand to make from their new deal.
Click inside to see how much they could make…
According to the insider, Chip and Joanna‘s empire is “worth in excess more than a billion dollars with the arrival of their new network.”
They added that “the Magnolia brand alone is worth about $750 million dollars,” while their lines at Target and Anthropologie net “millions” of dollars and they also make “millions from book deals and magazines.”
The pair stepped away from their hit home improvement show in 2017 in order to focus on their lives and relationship.
But despite the hiatus, the entrepreneurs have not stopped working. Together they own Magnolia Market, a shopping center in Waco, Texas, as well as a restaurant on the property called Magnolia Table.
Joanna has published several books, including Magnolia Table, Homebody and We Are the Gardeners, and is working with her husband on a boutique hotel in Waco which is expected to open sometime this year.
The source noted that despite owning a billion dollar empire, Chip and Joanna are “still completely down to earth” and added: “Yes, they have assistants and entourages, but they are the kindest people. They are so generous with their staff. They haven’t changed one bit.”
The couple married in 2003 and share five children together: Drake, Ella Rose, Duke, Emmie Kay and Crew.
A few weeks ago Chip and Joanna opened up about the diversity on their new network. Check it out…
from Just Jared https://ift.tt/3kthENv
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