Marty Lagina Net Worth: How He Turned Investments into Millions?

Marty Lagina Net Worth

Marty Lagina Net Worth:- On August 26, 1955, Lagina was born in Kingsford, Michigan. The university he studied at was Michigan Technological. In 1977, Marty earned his Bachelor of Science in Mechanical Engineering with the highest honors.

In addition, while he was a student at the university, he joined Pi Tau Sigma, the oldest engineering honor organization, and Tau Beta Pi, the second oldest colligate honors society.

In a similar vein, he went on to complete his study by earning a law degree from the University of Michigan in 1982. Marty has also served on the Michigan Technological University Board of Trustees and is a member of the Michigan Technological University Presidents Club.

Marty Lagina Net Worth

Marty Lagina Net Worth

As of April 2023, Marty Lagina, one of the most successful TV personalities, businessmen, and engineers, had amassed a net worth of $100 million. He became famous because of The Curse of Oak Island reality show.

Although he was already wealthy before the show, his popularity during the series caused his wealth to explode. He made a lot of money from his bet on the TV show. Before the show, he was reportedly worth around $2 million. About $100,000 an episode comes in from The Curse of Oak Island at the moment.

Aside from that, he has a sizable fortune because he is the owner of Mari Vineyards, a vineyard. This one winery is responsible for roughly $10 million in annual sales. He has also invested heavily in renewable energy.

Previously, he had developed Terra Energy, which he eventually sold to CMS Energy for $58 million. He then established Legacy Sustainable, an organization dedicated to wind energy.

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Marty Lagina Car Collection

Mr. Lagina’s personal life and possessions, outside of his business dealings, are largely unknown. However, it is said that he has many properties all around the country. He runs a winery that encompasses sixty acres. The winery honors his Italian grandmother, Mari, hence the name. And it all started in 1999.

Similarly, he owns 78% of Oak Island alongside his brother Rick and other partners like Craig Tester, Alan J. Kostrzewa, and Dan Blankenship.

In addition, Marty has been seen driving a black GMC SUV on multiple occasions, and we have good reason to believe that it belongs to him. The pricing range for a GMC SUV is extremely broad, beginning at roughly $25,000 and going up into the hundreds of thousands.

How is the Lifestyle of Marty Lagina?

Marty Lagina Net Worth

Marty Lagina had a sibling upbringing alongside his sibling. Business partner Rick Lagina, who happens to be his brother. Matina Lagina is his sister’s name. In addition, his mother shared his engineering profession. Lake Shore Engineering was a former employer of his sister.

He has tied the knot, so there’s that. He finally tied the knot with his longtime girlfriend Olivia Lagina. In addition, his expert geological engineer wife rounds out the team. Alex Lagina and Maddie Lagina are the couple’s offspring. They’ve managed to maintain things on good terms ever since they tied the knot.

When Marty is home, he enjoys spending time with his family, but when he is working or searching for treasure, he is constantly on the move. In a similar vein, Alex, his son, travels with him on his treasure hunt and assists with the family winery.

Although he does most of his traveling for work, Lagina does take the occasional vacation. In 2010, Marty was spotted enjoying quality time with his family at Yosemite National Park in California. The Laginas were again spotted at the stadium in 2018 to cheer on the Michigan baseball team.

Marty Lagina Charity Foundation

Almost a billion people throughout the world lack access to necessities like food, clean water, and emergency medical treatment, which is why Marty Lagina founded the Marty Lagina Foundation. In addition, Marty and the cast of “Curse of Oak Island” on The Discovery Channel auctioned off some artifacts from the show’s fictional treasure trove to benefit the South Shore Health Services Foundations (SSHSF).

The first “Oak Island Shares the Dream” auction brought about $19,000, and they plan to repeat it in 2020. Geologist and regular guest Terry Matheson came up with the idea for the fundraiser. Colchester East Hants Hospice Society received the other fifty percent of the money made.

The second “Oak Island Shares the Dream” auction began on September 30, 2020, and ended on October 3, 2020, at 9:00 p.m. The “Money Pit Core Sample,” a tube of dirt unearthed while searching for Oak Island’s wealth, was much sought after during the auction. At 7 p.m. on October 3rd, the Oak Island page on Facebook streamed a live event in conjunction with the online auction.

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Marty Lagina Investments

Marty is a very wealthy businessman in addition to his many TV shows. He has made a name for himself in the wind power extraction and natural gas industries. One of his former companies, Terra Energy, was an early adopter of shale gas extraction in the Midwest in the 1990s.

Yet Marty got $58 million when he sold Terra Energy to CMS Energy. He founded Heritage Sustainable, a renewable energy firm that focuses on wind power thanks to his experience in the natural gas industry. Marty intends to construct sixty wind turbines in Missaukee, Michigan, making it the state’s largest wind-energy producer.

That will make him a major player in the wind energy industry across the Midwest. He has similar plans for the rest of the country, including using wind energy to power 25% of Michigan. Marty owns Mari Vineyards, a winery, in addition to his renewable energy company.

Although his 1999 vineyard launch met with little success, by 2006 he was making a high-end bottle dubbed Row 7. Marty’s son Alex Lagina oversees the 60-acre vineyard in the interior.

Marty Lagina TV Shows

Marty Lagina Net Worth

Marty Lagina has worked on television for a considerable amount of time. He was able to finance the reality show through his various business endeavors. Marty Lagina not only stars in the film, but he also serves as a producer and director.

Just like Alex, his kid, occasionally makes an appearance on the show. The show is also notable for being among the longest-running of its kind. The show’s eighth season just wrapped up. With cutting-edge tools in hand, they scour the three primary hotspots on the island where the loot is rumored to be stashed.

It has been speculated that the Island conceals not only Shakespeare’s works but also the jewels of Queen Marie Antoinette of France. On August 2, 2016, Nova Scotia Business Inc. awarded them $1 million to help fund the production of Season 4 of the show.

Beyond Oak Island, The Curse of Oak Island: Drilling Down, Ancient Aliens, The UNXplained, and The Curse of Civil War Gold are just a few of the shows that Marty has created and starred in.

His upcoming work, titled 80 Proof, is still in the planning stages and is expected to drop in 2023. Marty and Rick Lagina also made an appearance on Stephen Colbert’s The Late Show that same year.

Marty Lagina Career

Marty began his career in the oil industry as an engineer for Amoco. In 1979, while also attending law school, he did consulting engineering work as a freelancer for several different companies in Michigan. After that, he went into business for himself, first with wind turbines and later with natural gas.

This was followed by the 2014 premiere of the reality TV series he produced and starred in, The Curse of Oak Island. They also had help from Prometheus Entertainment with the show. The Lagina brothers created the show that quickly gained popularity.

The show’s main objective is to unearth the hidden wealth on the Island. In addition, it chronicles the journey of Kingsford, Michigan natives Marty and Rick on their treasure hunt. After reading a Reader’s Digest article from 1965 about a family named Restall that was looking for the long-lost rumored treasure, Marty and Rick were interested in the Island.

Currently, Marty and his brother possess a majority stake in Oak Island Tours Company, the company that operates the island. North African gold traders from the 1300s allegedly abandoned the wealth on the island. Yet that’s just one of several hypotheses about where the gold came from in the first place.

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