Scott Yancey net Worth

What Is Scott Yancey's Net Worth?

Scott Yancey is a Las Vegas-based home flipper, author, teacher, and reality television star who has a net worth of $25 million. That is a combined net worth with his wife, Amie Yancey.

Scott Yancey is best known as the star of the A&E reality series "Flipping Vegas," which followed his Las Vegas real estate business during the post-2008 housing crash. On the show, Yancey specialized in buying distressed properties, renovating them quickly, and selling them for a profit. His on-screen persona was built around strict budgets, fast decisions, and constant tension with his wife and design partner, Amie Yancey, whose taste for high-end finishes often clashed with his cost-conscious approach.

Before television, Yancey had already spent decades in real estate. He began investing as a teenager, later worked under a real estate attorney and investor, and eventually built his own business in development, brokerage, and house flipping. His later career also included real estate seminars, a venture that brought legal scrutiny from the Federal Trade Commission and ended in a 2023 settlement.

Early Life and Real Estate Beginnings

Scott E. Yancey was born on July 9, 1969, in Los Angeles County, California, and grew up in Studio City. He attended North Hollywood High School and became interested in real estate at a very young age. According to biographical accounts, his first investment came at age 14, after he received a $30,000 insurance settlement and used it to purchase a second deed of trust on a home mortgage, earning a 14% interest rate.

While in college, Yancey took a job as a runner for Walter J. Plumb III, a real estate attorney and investor. That job became his practical education in real estate. Yancey began assisting Plumb on major deals, including the purchase of a 40-unit apartment complex that was converted into condominiums. He also worked on larger land deals involving subdivisions and development projects.

Yancey later struck out on his own, developing retail properties in Provo, Utah, Tempe, Arizona, and Las Vegas. He relocated to Las Vegas in 1994, a move that ultimately positioned him for the real estate boom, crash, and recovery that defined the next major phase of his career.

The Goliath Company and "Flipping Vegas"

In 2008, as the housing market collapsed, Yancey founded the Goliath Company in Las Vegas. The business focused on distressed real estate, including run-down homes that could be bought below market value, renovated, and flipped. Over time, Goliath expanded into a broader real estate firm involved in brokerage, land development, and investment properties.

Yancey's public profile changed in 2011, when "Flipping Vegas" premiered on A&E. The series followed Scott and Amie Yancey as they bought and renovated distressed homes throughout the Las Vegas area. Scott starred in the show and also served as an executive producer.

The show's central dynamic came from the contrast between Scott's obsession with margins and Amie's design instincts. He wanted to control renovation costs. She believed upgraded finishes, strong visual choices, and high-end details helped homes sell faster and for more money. That conflict became the engine of the series.

"Flipping Vegas" ran for five seasons and 41 episodes, turning Scott Yancey into one of the better-known personalities of the early 2010s house-flipping television boom.

(Photo by Bobby Bank/WireImage)

Real Estate Seminars and FTC Settlement

After the success of "Flipping Vegas," Yancey became involved in real estate education seminars. Those events, marketed under the Yancey Events name and through related companies, promised to teach people how to invest in real estate.

The seminar business eventually attracted legal scrutiny. The Federal Trade Commission and the Utah Division of Consumer Protection sued Response Marketing Group and affiliated companies, alleging that they sold deceptive real estate training programs that could cost consumers tens of thousands of dollars. In 2020, the FTC added Scott Yancey and author Dean Graziosi to the case, alleging that their celebrity status was used to help legitimize the seminars.

In 2023, the case reached a settlement. The principals behind the company were banned from selling wealth-creation programs and ordered to pay $15 million. Yancey, as a celebrity endorser, agreed to pay a $450,000 penalty. The settlement ended the litigation without Yancey admitting fault.

Personal Real Estate

Scott and Amie Yancey have also owned notable personal real estate. One of their best-known properties was Zuma Farms, a two-acre estate above Malibu's Zuma Beach. The property included a modernized 1949 farmhouse, guest house, horse facilities, and significant privacy. The couple used the property as a wedding venue before selling it in 2019 for $6.25 million. The buyer was actress Reese Witherspoon.

Yancey's career has combined real estate investing, television, education, and development. Although "Flipping Vegas" remains his most famous public project, his real estate career began long before reality TV and has remained the core of his business identity.

Who's Richer?

Scott
Yancey

Compare!

Amie
Yancey