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Jonathan Scott Net Worth: How Much Are the Property Brothers Net Worth?

It was as the co-host of the HGTV real estate show “Property Brothers” that he first came to widespread public attention. Today, he and his twin brother Drew Scott run a media and home products empire under the umbrella of their firm, Scott Brothers Global, which reportedly brings in more than $500 million in revenue each year. Drew had dreams of becoming a famous actress, while Jonathan had visions of becoming a famous magician.

Early life

On April 28th, 1978, Jonathan Silver Scott was born in the city of Vancouver, which is located in the province of British Columbia, Canada. His identical twin brother Drew Scott is four minutes younger than he is. James is the older brother of the twins, who also have an older brother. They are Jim and Joanne Scott’s children.

During the 1970s, Jim Scott was active in the motion picture industry working as an actor, a stuntman, and an assistant director. After the birth of the twins, the family made the decision to go to Canada in order to have a life that was more typical.

When Jonathan was still in elementary school, he began his acting career in theater productions. Since then, he has established himself as one of the youngest international illusionists in the world. In addition to his job as an actor and musician, he also modeled and trained in several forms of martial arts. He has won the Canadian Karate Championship a total of thirteen times.

They started the business when they were still in high school with the assistance of their older brother and their father (who built the family home by hand). They were able to launch their business thanks in large part to a legal loophole in Canada that permitted individuals with poor credit and a lack of liquid assets to take over the mortgage of another person without having to personally guarantee the loan. It is said that after their first flip they made $50,000, and after that, they were addicted to flipping houses.

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After receiving his diploma from high school, Jonathan enrolled in a program at the University of Calgary that specialized in business management. The brothers started experimenting with real estate ventures while they were still in college. After some time, Jonathan made the decision to transfer to the Southern Alberta Institute of Technology, where he eventually graduated with a license to practice contracting.

In 2004, at the age of 26, the brothers co-founded Scott Real Estate Inc., a company that they anticipated clients would utilize as a one-stop shop for all of their purchasing, selling, and renovation requirements in the realm of real estate. By 2008, the company had grown to employ more than a dozen people. In the meantime, Drew started looking for opportunities in the television industry.

An early idea was to create a competition show similar to American Idol except for real estate. Drew did ultimately find success when he was approached by a production company called Cineflix.

They were interested in teaming him up with a female co-host for a show called “My Dream Home.” Cineflix made the decision to change the show’s concept when they learned that Drew had a twin sibling.

This led to the creation of Property Brothers. On the show, they search for decent homes that are in undesirable conditions and then work to improve them while adhering to strict financial and time constraints. In most cases, Jonathan is in charge of working with the contractors and refurbishing aspects of the house, while Drew is in charge of the real estate transactions.

Success

The first episode of Property Brothers aired on January 4, 2011. The ratings for the network climbed by 77% in the space of three weeks after the show made its debut in the United States on HGTV.

After only a few short years, the show was consistently drawing 10 million viewers each week, placing it among the top five programs on cable television for viewers in the age group of 24-55. By 2017, the show has garnered a still-respectable 2 million viewers on a weekly basis despite a minor decline in its ratings. The program is currently broadcast in more than 150 countries.

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The brothers were honored by the cinema and television industry of British Columbia with a Leo Award in the year 2012. They were awarded a Canadian Screen Award for both 2018 and 2019.

The Entertainment Provided by the Scott Brothers

The two partners established Scott Brothers Entertainment in 2010, a year before the debut of their show. The firm is responsible for the production of a variety of reality shows during the course of its existence, including those intended for television, film, and the internet.

Scott Brothers

Jonathan Scott and Drew Scott established Scott Brothers Global in March of 2017. The intellectual property rights to Property Brothers were purchased from Cineflix by the firm in 2019. Because of the contract, the brothers now have the ability to control and produce all subsequent iterations of the show. Cineflix remained in possession of the rights to worldwide distribution and continued to hold a profit participation stake moving forward.

Under the aegis of Scott Brothers Global, they run a modern-day empire that is continually expanding. Together with QVC, they established a range of outdoor furniture under the name Scott Living in the year 2015. According to reports, the company’s sales in 2016 were in the amount of $100 million. In 2017, they expanded their offerings to include indoor furniture, fabrics, and other home design items.

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Their wares can be purchased in retail establishments such as Bed Bath & Beyond, Costco, Hobby Lobby, Lowe’s, and many others. An interview with the brothers that was published in the 2018 issue of Entrepreneur magazine revealed that the total revenue generated by the brothers’ businesses is $500 million annually. Although this figure could not be verified, it is clear that the empire enjoys a great deal of success.

Personal Life

Jonathan and Kelsy Ully were wed in the year 2007. They divorced in the year 2010. In the month of August 2019, he started a relationship with the actress Zooey Deschanel.

Net Worth

Jonathan Silver Scott is a reality television personality, real estate agent, magician, and producer from Canada. He has a net worth of $100 million dollars. Jonathan Silver Scott’s Magic Castle is one of the most popular Canadian reality television shows.

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