Jonathan and Drew Scott Net Worth

What Is Jonathan and Drew Scott’s Net Worth? A Look at the Property Brothers’ Empire

Jonathan and Drew Scott, the dynamic duo known worldwide as the Property Brothers, have built an impressive empire. Their combined net worth reflects their success in real estate, television, and various entrepreneurial ventures. This article delves into their financial accomplishments, early lives, and the path that led them to become the household names they are today.

Early Life and Humble Beginnings

Identical twins Jonathan Ian Scott and Drew Alfred Scott were born on April 28, 1979, in Vancouver, British Columbia. A surprise arrival, Drew’s birth was unexpected, as their parents, Jim and Joanne Scott, were only anticipating one child. The twins’ father, a Scottish immigrant, had a background in the film industry before shifting his focus to raising his family. The family later moved to a horse farm in Maple Ridge, Canada, where the brothers began their entrepreneurial journey at a young age.

At just seven years old, Jonathan and Drew started their first business, JAM, producing nylon-covered hangers. They sold the hangers door-to-door, demonstrating their early knack for business and sales. Their diverse childhood experiences also included performing as clowns in parades, earning a lucrative $100 per hour. The brothers’ father involved them in renovating family properties from a young age, teaching them valuable skills in construction and design. From building fences to assisting with larger projects, they gained hands-on experience that would later prove crucial to their success. At 14, the family worked together on their dream home in Alberta, Canada, further solidifying their bond and shared experiences. After completing their dream home, the twins left for Calgary to attend college.

Dimitrios Kambouris/Getty Images

Early Career and Real Estate Ventures

Even before achieving mainstream fame, Drew and Jonathan displayed an astute understanding of real estate. While still in their teens, they began buying and renovating properties. Their initial motivation was not only to generate income but also to provide a financial buffer for their creative pursuits. They purchased their first house at 18, during their first semester of college. Using a vendor take-back mortgage, they invested a mere $250 down payment on a seven-bedroom house across the street from their university. Following renovations, they rented out the property and profited $800 per month. They sold it a year later for a $50,000 profit. This early success validated their investment strategy and fueled their continued focus on real estate.

Before finding success in real estate, Jonathan explored other avenues, including acting and illusionism. He attempted to create a touring theater show at 19, but a significant setback occurred when a fellow magician stole his illusions, leaving him with substantial debt. Despite this initial stumble, Jonathan eventually returned to construction and design studies, becoming a licensed contractor. Meanwhile, Drew earned his real estate license in 2004, solidifying their joint focus. Both brothers also took acting roles in Canadian television shows, gaining experience in the entertainment industry.

“Property Brothers”: The Rise to Fame

In 2004, Drew and Jonathan founded Scott Real Estate, Inc., a company dedicated to overseeing the construction and development of commercial and residential properties. By 2008, they had expanded to three branches, demonstrating their growth and ambition. In 2010, the brothers established Scott Brothers Entertainment, an independent production company, shifting their focus from film to original content for TV and digital platforms. This was a pivotal moment, as it allowed them to showcase their skills and expertise to a broader audience.

The