Joe Gorga net worth is
People also search for
Joe Gorga Net Worth, Biography & Wiki 2017
American businessman and reality television star Giuseppe Gorga, was born on 15 August 1979, and as Joe Gorga is perhaps best known for his appearances in the popular reality series called “The Real Housewives of New Jersey”, on which he frequently appears with his wife. The show first aired on television screens in 2009, and Melissa Gorga joined for the third season. Her sister Teresa Giudice is now also one of the main cast members on the show.
So just how rich is Joe Gorga, as of early 2017? According to authoritative sources, ‘poor’ would be a better word, as Joe’s net worth is currently estimated to be in negative territory, at (minus) -$1.5 million, as his wealth has declined significantly because of indebtedness to numerous banks. Although Gorga’s assets include a house valued at $4.4 million, as well as his own home in New Jersey valued at $520,000, most of his assets are being sold to pay his debts.
Joe Gorga Net Worth -$1.5 Million
Even though Joe Gorga is best known to the public for his appearances alongside wife Melissa in “The Real Housewives of New Jersey”, he has become notable for his many business ventures too. Gorga specializes in purchasing properties, and renovating them for resale, these days called ‘flipping’. Initially, Gorga’s investments brought him a decent amount of money, yet more recently his business faced considerable controversy due to the debts that originally amounted to as much as $2.5 million. So Gorga has become the subject of a number of lawsuits, among which the most notable was perhaps the case with “Starlite Window Manufacturing Co. Inc.”. According to the company, Joe failed to pay $25,000 for their contract; this comes as no surprise, since Gorga is well-known in New Jersey for various civil lawsuits, now allegedly approaching 30. In the majority of individual cases, Gorga’s debts amount to no higher than 25,000 dollars, but accumulatively this means that Gorga’s income and net worth has decreased significantly over the years, leaving him with his current level of debt, and with little prospect of expanding his business ventures at this time. Of course all these happenings have been displayed graphically in “The Real Housewives of New Jersey”, which probably doesn’t help Joe’s recovery efforts, except for his fee for appearances.
In regards to his less-than-private personal life, Joe Gorga has been married to the singer and reality television personality Melissa Marco since 2005, and together they have three children.