Armando Montelongo Net Worth : $50 Million
An American Real Estate Entrepreneur and Public Speaker
Source of Wealth
Television, Real Estate
Date of Birth
Armando Montelongo’s Income & Total Net Worth
Armando Montelongo, the founder of Armando Montelongo Companies, has an estimated net worth of $50 million. All his fortune is gathered by his outstanding business performances. He continues to invest a large amount in real estate, at the same time, conducts various seminars on real estate investment, in many cities of the country.
Montelongo, who was born in Texas, is fond of car racing. His investments include real estate, as well as cars racing. He has invested in “Indy 500” race car. He also sponsored first British female car driver in “Indianapolis 500”. In future, he is planning to sponsor more cars racing, along with real estate investments.
Armando Montelongo’s Career
Armando Montelongo, a famous television personality and real estate investor, is recognized for the reality show named “Flip This House”. He began his career by portraying a role in this show. He was on the show for 3 seasons, continuously.
In 2011, he created his own film production company called “Armando Montelongo Productions”. He produced a featured film “Mission Park”, also described as an ‘urban crime drama’. This movie was filmed in San Antonio. Montelongo was the executive producer of the movie.
He started his real estate business by simply buying, fixing and re-selling the properties. Armando Montelongo Companies offer various workshops to provide guidance on real estate ‘flipping’. It consists of the following:
- A media production company, set up to promote cable television programming and production of independent films in South Texas.
- A motorsports company, specially designed to back drivers in IZod Indy Car Series.
- A leading real estate education company, to help the students to create fortunes through real estate investments.
Armando Montelongo is the author of book “Flip and Grow Rich”, which was written on the basis of his personal and professional life experiences.
Awards and Honours
In 2011, Armando Montelongo Companies was acknowledged on the list of the fastest-growing companies (Inc 500) with 19th rank. The company was also recognised as the No.1 education company. Armando was ranked 2nd as Hispanic business owner.