Marty Lagina Net Worth: Businesses & Career
As an American reality TV personality, businessman, and engineer, Marty Lagina has an estimated net worth of $100 million.
Marty Lagina is best known for his work in television shows such as 2014 The Curse of Oak Island, 2015 The Curse of Oak Island: Drilling Down, 2018 The Curse of Civil War Gold, and 2020 Beyond Oak Island.
Lagina was born on 26th August of 1955 in Kingsford, Michigan. He attended Michigan Technological University.
Marty graduated with honors and obtained a Bachelor of Science degree in Mechanical Engineering in 1977.
Moreover, during his time as a student at the university, he was a member of Pi Tau Sigma and Tau Beta Pi, which are the oldest engineering honor society and second oldest colligate honors.
Similarly, he continued his education and received his Juris Doctorate in law in 1982 from the University of Michigan.
Likewise, Marty is a member of the Michigan Tech Presidents Club and has been a member of the Michigan Tech Board of Trustees.
Marty Lagina: Quick Facts
|Net Worth||$100 million|
|Date of Birth||August 26, 1955|
|Place of Birth||Kingsford, Michigan|
|Education||Michigan Technology University, Mechanical Engineering|
|Father’s Name||George Lagina|
|Mother’s Name||Ann Cavalier Lagina|
|Siblings||Rick Lagina, Teresa Lagina and Martina Lagina|
|Age||67 Years Old|
|Height||5 ft 9 in or 175cm|
|Weight||79 kg or 174 lbs|
|Spouse||Margaret Olivia Lagina|
|Children||Maddie Lagina, Alex Lagina,|
|Profession||Entrepreneur, Engineer, Reality TV personality|
|TV Shows||The Curse of Oak Island, The Curse of Civil War Gold, Beyond Oak Island, The Curse of Civil War: Digging Deeper, The Curse of Oak Island: Digging Deeper, Ancient Aliens|
|Last Update||March, 2023|
Marty Lagina: Net Worth and Income
One of the most successful television personalities, businessman, and engineer Marty Lagina has an accumulated net worth of $100 million as of March 2023.
He is best known for the TV reality show The Curse of Oak Island.
Even though he was a successful businessman before the TV show, his fortune skyrocketed after the show.
His investment in the TV show proved out to be pretty lucrative. Reportedly, his net worth was about $2 million before the show.
He currently makes about $100,000 per episode from The Curse of Oak Island.
Apart from that, he owns a winery called Mari Vineyards which also contributes to his massive fortune.
This winery alone generates about $10 million in revenue each year.
He also has made several investments in the renewal energy sector. He first founded a company named Terra Energy which was later sold to CMS Energy for $58 million.
After that, he founded Heritage Sustainable to focus on wind power.
Net Worth of Marty Lagina in Different Currencies
The net worth of Marty Lagina in different currencies as of March, 2023:
|Pound Sterling||£ 72,656,500|
|Australian Dollar||A$ 134,048,300|
|Canadian Dollar||C$ 124,285,500|
|Indian Rupee||₹ 7,482,000,000|
Marty Lagina: Houses and Cars
Aside from his business ventures, there is not much information available about Mr. Lagina’s houses and cars.
But it is rumored that the man owns numerous properties across the country.
He owns a winery that spreads over 60 acres of land. This winery is named after his Italian grandmother Mari. Moreover, it was founded in 1999.
Similarly, he, along with his brother Rick Lagina and other business partners Craig Tester, Alan J. Kostrzewa, and Dan Blankenship owns 78% of Oak Island.
Apart from that, Marty has been spotted in a black GMC SUV on several occasions, and we are pretty sure that he owns the vehicle.
Moreover, GMC SUV price starts at around $25,000 and can go way up to hundreds of thousands of dollars.
Marty Lagina: Lifestyle and Vacations
Marty Lagina grew up with his brother and sister. His brother Rick Lagina is also his business partner. He has a sister named Matina Lagina.
Moreover, his mother was also an engineer. His sister used to work for Lake Shore Engineering.
As for his personal life, he is a married man. He walked down the aisle with Olivia Lagina after being in a relationship for a long time.
Moreover, his wife is a professional geological engineer.
Together the couple has two children, son Alex Lagina and daughter Maddie Lagina. They have been able to keep a healthy relationship with each other since their marriage.
Marty loves spending some quality time with his family whenever he’s home; otherwise, he’s always on the run for his businesses and treasure hunts.
Similarly, his son Alex joins him on his treasure hunting adventure and helps him with his wine business.
Lagina also loves traveling to places primarily for his works and enjoys some vacay time every now and then.
Back in 2010, Marty was seen with his family in Yosemite National park in California, spending quality time.
Likewise, the Lagina family was also seen supporting the Michigan baseball team in 2018 in the stadium.
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Marty Lagina: Charity
Marty Lagina has established a charitable foundation named Marty Lagina Foundation to provide health care emergencies, food, and water to over 1 billion people worldwide.
Apart from that, Marty, along with The Discovery Network’s Curse of Oak Island, auctioned off some treasure items supporting South Shore Health Services Foundations (SSHSF).
They organized the second edition of the auction “Oak Island Shares the Dream” in 2020, with the first auction raising $19,000.
The fundraiser was the idea of geologist Terry Matheson who frequently appears on the show.
The other half of the proceeds went to Colchester East Hants Hospice Society.
Similarly, the “Oak Island Shares The Dream: Take 2” auction was launched on 30th September 2020 and ran through to 3rd October at 9 p.m.
Bidders at the auction sought after “Money Pit Core Sample,” a tube of soil dug up in search of Oak Island’s treasure.
The online auction was complemented by a Facebook Live stream from the Oak Island page at 7 pm on 3rd October.
Moreover, the Oak Island samples from the 2017 and 2018 digs were all signed by Marty & Rick Lagina, Dave Blankenship, and Craig Tester.
Marty Lagina: TV Shows and Investments
Marty Lagina has been a part of the television industry for quite a time now.
His successful business ventures helped him to fund the reality show. Marty is a producer and also stars in it along with his brother Rick Lagina.
Similarly, on some occasions, his son, Alex, also joins him on the show. Not to mention the show is one of the longest-running treasure hunts.
The reality TV show recently completed its eighth season.
To make their hunt easier, they use top-of-the-line equipment and search for the treasure in the three main areas of the Island where the treasure is said to be hidden.
It’s been believed that the Island has hidden Marie Antoinette’s (Queen of France) jewels and Shakespeare’s work, among other treasures.
For the production of the fourth season of the show Nova Scotia Business Inc. granted them an amount of $1 million on 2nd August 2016.
Moreover, Marty has produced and starred in numerous other shows, including Beyond Oak Island, The Curse of Oak Island: Drilling Down, Ancient Aliens, The UNXplained, and The Curse of Civil War Gold.
His next project, 80 Proof, is still in pre-production and is projected to be released in 2023.
Furthermore, Marty and Rick Lagina appeared in The Late Show with Stephen Colbert in 2017.
Apart from all his television productions, Marty is a very successful businessman. He is a known face in the wind power extraction and natural gas sector and bagged decent money from it.
During the 1990s, Terra Energy, one of his former companies, was a pioneer in extracting natural gas from shale around the mid-west.
However, Marty sold Terra Energy to CMS Energy for a whopping $58 million.
Since he had expertise in the natural gas and wind power field, he launched a new company called Heritage Sustainable which focuses mostly on wind power.
Marty plans to build 60 wind turbines in Missaukee, Michigan, which will make Marty the largest wind-energy producer in the whole state of Michigan.
That will also make him one of the largest overall wind-energy producers in the entire midwest.
Similarly, he envisions powering 25% of Michigan by wind and also replicates the process across the country.
Apart from the renewable energy business Marty also owns a winery called Mari Vineyards.
He launched the winery in 1999, which was not successful initially, but by 2006 they were producing a premium bottle called Row 7.
The vineyard spans 60 acres inland and is managed by Marty’s son Alex Lagina.
Marty Lagina: Career
Marty first worked as a petroleum engineer for Amoco Production Company.
At the time, he was also doing free-lancing consulting engineering works for several Michigan companies while also attending law school in 1979.
Afterward, he established his own wind power turbine and natural gas businesses.
Following that, he also produced and starred in the reality TV series The Curse of Oak Island, which premiered in 2014.
Prometheus Entertainment also supported them for the show. The Lagina brothers started the show, which became a fan favorite in no time.
The show’s main plot is to find the treasure that is supposedly buried on the Island. Moreover, it follows Marty and Rick, originally from Kingsford, Michigan, as they embark on the treasure hunting adventure.
Marty and Rick first developed an interest in the Island after reading a copy of Reader’s Digest article in 1965, which featured the history of a family by the name of Restall that at one point was investigating the long-lost supposed treasure.
Marty and his brother currently own a controlling interest in the Oak Island Tours Company, which is also the majority owner of the Island.
It’s been said that the treasure on the Island was left by North African gold merchants dating back to the 1300s.
However, it is just one of the theories regarding the original source of the treasure.
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Unknown Facts About Marty Lagina
- The reality TV series Curse of Oak Island is not scripted.
- Marty and Rick bought their part of Oak Island long before there was any talk of turning the treasure hunt into a show.
- In 2015, Marty said in an interview how on average, he spends at least five months on the Island from the end of May through to October when the cold weather comes in.
- According to some of those who have been on Oak Island have experienced death and paranormal phenomena on several occasions.
Quotes of Marty Lagina
“It’s such a puzzle in front of us; I think that’s as far as we thought of it. It’d be a very happy problem; I hope if we unearth something that big and that historically important. We would have to deal with that then, I guess.”
“The history kind of bears out that everybody was truly intrigued, was truly reporting real findings, and that’s a very significant thing. As to how we make sure we don’t have the same fate, I’m not so sure.”
Who is richer, Marty or his brother Rick?
Marty has a whopping $100 million net worth, while Rick has about $10 million.
Are Rick and Marty twins?
No, they are not twins. Marty is Rick’s younger brother.
Has the Oak Island treasure finally been found?
The main treasure of the Island has never been found and still remains a mystery even to the explorer-like Marty and Rick Lagina.
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