Armando Montelongo is a successful real estate entrepreneur who rose to prominence as the host of the show Flip This House. He is also a published author and a public speaker. Aside from his professional life, the businessman has maintained an impeccable personal life.
Armando Montelongo Net Worth:
Armando Montelongo has a net worth of $50 million as an American real estate businessman and television personality. Armando Montelongo is the founder of Armando Montelongo Companies, a real estate investment seminar company based in San Antonio, Texas. It was named one of the country’s fastest-growing businesses and the top education company in the United States in 2011.
Armando Montelongo Is Rejoicing with His Family!
Whittney Montelongo, the real estate entrepreneur’s wife, is the love of his life. However, the couple has not revealed when they walked down the aisle.
The lovely couple has a wonderful relationship and lives a happy life. Furthermore, their marriage has resulted in three adorable children. All three of their children are sons: Max Montelongo (born in 2011), Titan Montelongo (born in 2014), and Atlas Steel Montelongo (born in 2016). (Born on September 26, 2016).
Montelongo’s hands are usually occupied with his professional work. Despite his hectic schedules, the one-time reality star makes time to spend quality time with his family. On his social media accounts, he frequently posts pictures of his family.
Although the founder of the Armando Montelongo Company enjoys a happy life with his partner, she is not his first love. Armando had previously been married to someone else. So, who was his coworker? And why did they split up?
First Divorce And Marriage!
The part-time public speaker was married to his co-star on “Flip This House,” Veronica Montelongo. His ex-wife is a reality TV star and actress from the United States.
Although the couple kept the date of their wedding hidden, it has been revealed that they married in 1997. They had a good relationship for the majority of their marriage and lived together for over a decade. They also have a son, Mondo Man, from their relationship.
Unfortunately, the family’s happiness was short-lived when Armando filed for divorce in June 2011 and the couple split up shortly afterward. Armando did not reveal the precise reasons for their abrupt separation, but many believe his extramarital affairs with his current wife Whittney were the primary cause.
This House Star Is Being Sued By Ex-Students
Regardless of their line of work, celebrities are bound to be involved in some sort of controversy, and the former reality star is no exception. He has been involved in a few cases, the most recent of which occurred in February 2016, when 164 students sued him.
Students from Texas, San Antonio, and other parts of the country filed a lawsuit against the business mogul, alleging that they “fell victim to predatory and fraudulent business practices.” The students also claimed that Armando Montelongo provided them with useless advice and ideas during his seminar.
Armando’s workshops, tours, and programs range in price from $40,000 to $50,000. They also stated that the investment had an emotional impact on them, causing depression and stress, which in one case resulted in suicide.
In an interview in 2017, Armando addressed the allegations leveled against him. He stated:
“We’ve always been very transparent about our business model, and we’ve even shown it on Undercover Boss. A number of these individuals that I’ve taught how to be successful have opened up a competitive seminar company or a competitive educational online company and — are colluding to try to bring down No. 1.”
The lawsuit was amended in April, and it was refiled in December 2016. A federal judge dismissed the students’ lawsuit against the entrepreneur in June 2018, stating that “the students failed to state a RICO claim based on fraudulent acts.”
Armando Montelongo Is Extremely Wealthy!
As of 2019, the entrepreneur has a net worth of $50 million as a result of his successful career in real estate. He has, however, claimed that his actual wealth exceeds $200 million. Christina Anstead, another reality star, has a net worth of $4 million.
In addition, Montelongo holds and speaks at seminars attended by 300,000 people each year. He has stated openly that he made a fortune from those seminars.
In addition to his other sources of income, the businessman makes money from books. On Amazon, he has a book titled “Flip and Grows Rich,” which costs $17.23.
Quick facts:
Date of Birth : | |
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Age : | 50 years old |
Family Name : | Montelongo |
Birth Country : | United States |
Birth Sign : | Scorpio |
Height : | 5 Feet 10 Inch |
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