By Introduction
Marty Lagina is best known for starring in The Curse of Oak Island, a hit reality TV series on the History Channel. But beyond treasure hunting, Marty Lagina’s net worth comes from a mix of successful business ventures in energy, television, and winemaking. With an estimated net worth of $100 million, he has built a fortune through smart investments, engineering expertise, and entrepreneurship.
In this deep dive, we explore how Marty Lagina made his wealth, from his oil and gas business to his famous vineyard and his role in the Oak Island treasure hunt.
What Is Marty Lagina’s Net Worth?
Marty Lagina’s estimated net worth is $100 million. His fortune primarily comes from:
- Terra Energy – His successful natural gas company, sold for $58 million.
- Reality TV earnings – As a producer and star of The Curse of Oak Island.
- Mari Vineyards – His high-end winemaking business in Michigan.
- Heritage Sustainable Energy – His wind energy company aiming to power Michigan sustainably.
Table: Marty Lagina’s Net Worth Breakdown
| Source of Income | Estimated Value |
|---|---|
| Terra Energy (sold to CMS) | $58 million |
| TV Earnings (Oak Island) | $10+ million |
| Mari Vineyards | $10-15 million |
| Heritage Sustainable Energy | $15-20 million |
| Real Estate & Investments | $10+ million |
| Total Estimated Net Worth | $100 million |
Marty Lagina’s financial success isn’t from a single source—he’s a savvy businessman who knows how to diversify his earnings.
How Did Marty Lagina Build His Fortune?
Success in the Oil and Gas Industry
Marty Lagina started his career in natural gas extraction. He founded Terra Energy in 1982, pioneering shale gas development in Michigan. His company became a leader in the industry and, in 1995, he sold it to CMS Energy for $58 million.
The Curse of Oak Island and TV Earnings
Marty Lagina became a reality TV star when he and his brother Rick Lagina started the Oak Island treasure hunt. The Curse of Oak Island debuted on the History Channel in 2014, turning the Oak Island Tours company into a massive business. While exact earnings per episode are undisclosed, industry estimates suggest Marty Lagina makes $100,000+ per season.
Mari Vineyards: From Energy to Winemaking
In 1999, Marty Lagina pursued his passion for wine, founding Mari Vineyards in Michigan. His winery spans 60 acres and produces high-quality Italian-style wines. His flagship wine, Row 7, showcases his expertise in both business and craftsmanship.
Heritage Sustainable Energy: A Future in Wind Power
Marty Lagina is also involved in renewable energy. His company, Heritage Sustainable Energy, is one of Michigan’s top wind power producers. He aims to develop 60+ wind turbines to help Michigan reach its 25% renewable energy goal.
Early Life and Education
Humble Beginnings in Michigan
- Born on August 26, 1955, in Kingsford, Michigan.
- Raised in an Italian-American family with strong work ethics.
- Fascinated by the Oak Island mystery since reading Reader’s Digest in 1965.
Education and Engineering Background
- Attended Michigan Tech University, earning a degree in Mechanical Engineering in 1977.
- Later studied law at the University of Michigan, earning a Juris Doctor degree.
- His background in engineering and law helped shape his business acumen.
Career and Business Ventures
Terra Energy: The Foundation of His Wealth
- Founded Terra Energy in 1982.
- Specialized in natural gas and shale extraction.
- Sold Terra Energy to CMS Energy in 1995 for $58 million.
Reality TV and The Curse of Oak Island
- Co-star of The Curse of Oak Island since 2014.
- Executive producer of The Curse of Oak Island: Drilling Down (2015-present).
- The show remains one of the most-watched reality series on History Channel.
Mari Vineyards: A Passion for Winemaking
- Established Mari Vineyards in 1999.
- Focuses on Italian-style red wines, a rarity in Michigan.
- Launched Row 7, the vineyard’s flagship wine, in 2006.
Heritage Sustainable Energy: A Renewable Future
- Founded Heritage Sustainable Energy to develop wind power.
- Plans to build 60+ wind turbines.
- Supports Michigan’s goal of 25% renewable energy by 2030.
Personal Life and Lifestyle
Family and Relationships
- Married to Margaret Olivia Lagina.
- Father to Alex Lagina, who also appears on The Curse of Oak Island.
- Brother to Rick Lagina, his co-star on the History Channel.
Hobbies and Interests
- Avid wine connoisseur and engineering enthusiast.
- Passionate about history, treasure hunting, and renewable energy.
- Owns multiple luxury properties, including a vineyard estate in Michigan.
Philanthropy and Contributions
- Supports renewable energy research.
- Invests in historical and archaeological preservation.
- Advocates for green energy development.
FAQs
Which Lagina Brother Is Richer?
Marty Lagina is wealthier than Rick Lagina, with a net worth of $100 million, compared to Rick’s estimated $10 million. Marty’s wealth comes from business investments, while Rick’s fortune is mainly from television earnings.
How Did Marty Lagina Make His Money?
Marty Lagina built his wealth through:
- Selling Terra Energy for $58 million.
- Reality TV earnings from The Curse of Oak Island.
- Mari Vineyards, his high-end winery.
- Heritage Sustainable Energy, his wind power company.
How Much Is Marty from Oak Island Worth?
Marty Lagina’s net worth is estimated at $100 million, with income from energy, TV, wine, and real estate.
Does the Cast of Oak Island Get Paid?
Yes, Marty and the Oak Island cast earn money from the show. Marty, as a producer and lead star, likely earns $100,000+ per season.
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Conclusion
Marty Lagina’s $100 million net worth is the result of decades of smart business decisions. From his success in natural gas, to his reality TV stardom, to his investments in wine and wind power, he has built a diverse and lasting empire.
As The Curse of Oak Island continues to explore legendary hidden treasures, and with his Mari Vineyards and wind energy projects thriving, Marty Lagina’s wealth and influence are only set to grow in the years to come.
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