Net Worth Ranker
What Is Jonathan and Drew Scott’s Net Worth?
Jonathan and Drew Scott, the identical twin brothers renowned for their home improvement and television ventures, have amassed a considerable fortune through their diverse careers. Their combined net worth stands at approximately $200 million, reflecting their success in real estate, television production, and brand development. The majority of their wealth stems from their roles as the faces of the “Property Brothers” franchise and the expansion of their business ventures.
Early Life and Career Beginnings
Born on April 28, 1979, in Vancouver, British Columbia, Jonathan Ian Scott and Andrew (Drew) Alfred Scott embarked on their entrepreneurial journey at a young age. At the age of seven, they launched their first business, JAM, producing nylon-covered hangers. Their initial order was for thousands of hangers, demonstrating their early business acumen. They were also making $100 per hour performing as clowns at parades.
The brothers’ exposure to real estate began in their childhood as they assisted their father, Jim, with renovating family properties. From the age of 8, Jonathan and Drew were involved in building and repairing fences, decks, and barns. Their hands-on experience in construction and renovation laid the foundation for their future careers.
While attending Thomas Haney Secondary School, the family worked on building their dream home in Alberta, Canada. As soon as the home was completed, the twins left for Calgary to attend college. Drew and Jonathan started buying and renovating property when they were still teenagers. They bought their first house when they were 18 years old, in their very first semester of college. They used a vendor take-back mortgage and made a $250 down payment on a seven-bedroom house across the street from their university. After renovations, the brothers rented it out and made $800 a month off the rent. They sold it a year later for a $50,000 profit while attending university.
Before dedicating themselves to real estate, Jonathan pursued a career as an illusionist, while Drew explored opportunities in acting and worked as a flight attendant for WestJet. Jonathan’s early career was impacted by a fellow magician who stole his entire illusion production, leaving him with an $80,000 debt. He had to file for bankruptcy at age 20. Jonathan then pursued studies in construction and design at the Southern Alberta Institute of Technology, obtaining his contractor’s license. Drew secured his real estate license in 2004.
The Rise of “Property Brothers” and Scott Brothers Entertainment
In 2004, the brothers established Scott Real Estate, Inc., a company focused on overseeing the construction and development of commercial and residential properties. By 2008, they had expanded their operations to three branches. The founding of Scott Brothers Entertainment in 2010 marked a strategic shift towards creating original content for television and digital platforms, which further boosted their net worth. By 2013, they had shifted their focus from film to original content for TV and digital platforms.
The launch of “Property Brothers” on HGTV in 2011 catapulted Jonathan and Drew to national fame. As of this writing, the program has aired more than 170 episodes. Scott Real Estate, Inc. currently has offices in Vancouver, Calgary, and Las Vegas. Their ability to transform dilapidated houses into dream homes resonated with audiences, leading to the creation of numerous spin-off shows, including “Buying and Selling,” “Brother vs. Brother,” “Property Brothers: At Home,” “Property Brothers: At Home on the Ranch,” “Brothers Take New Orleans,” and “Property Brothers at Home: Drew’s Honeymoon House.” The brothers own a production company with their older brother called Dividian Production Group.
In addition to their television ventures, the Scott brothers have expanded their brand into home furnishings with the launch of Scott Living. In 2017, the twins bought all their brands under the umbrella of Scott Brothers Global. The Dream Homes line is another addition to their portfolio. In 2015, “Property Brothers” was nominated for a Primetime Emmy Award for Outstanding Structured Reality Program. Later that same year, Drew and Jonathan launched their first outdoor furniture line on QVC, Scott Living.
Jonathan and Drew’s entrepreneurial endeavors have not been limited to television and home furnishings. They have also authored two books: “Dream Home: The Property Brothers’ Ultimate Guide to Finding & Fixing Your Perfect House,” published in 2016, and “It Takes Two: Our Story,” released in 2017.
Drew wrote a docu-series based on social current affairs that he feels passionately about, including solar power. This was released in 2018. Jonathan is now an award-winning illusionist who often performs in Las Vegas, and Drew directs and produces films. The Property Brothers television aired its 14th season in 2019.
Personal Lives and Philanthropic Efforts
Jonathan Scott’s personal life includes a previous marriage to Kelsy Ully, which ended in 2010, and a relationship with Jacinta Kuznetsov, which concluded in April 2018. Currently, Jonathan is in a relationship with Zooey Deschanel, whom he met in August 2019 on the set of “Carpool Karaoke.”
Drew Scott married Linda Phan in a destination wedding ceremony in Italy in May 2018, after becoming engaged in 2016.
Both Jonathan and Drew are actively involved in philanthropic endeavors. They have supported Habitat for Humanity, receiving the organization’s highest honor, Habitat Humanitarians, in November 2016. They have also contributed to St. Jude’s and other pediatric cancer initiatives and charities. Furthermore, they collaborated with Michelle Obama on her “Let’s Move” campaign during her tenure as First Lady.
