Marty Lagina's Net Worth (Updated 2024)

What is Marty Lagina’s net worth? 

Table of Contents

Introduction 

As of January 2024, Marty Lagina’s net worth is roughly $100 Million.

Marty Lagina is an American entrepreneur, television personality, and engineer who is best known for starring in the reality series ‘The Curse of Oak Island’ which had its premiere in 2014.

Marty and Rick Lagina are both starring in the series.

Early Life 

Marty Lagina was born on the 26th of August, 1955, in Michigan.

Lagina graduated in 1977 and he went on to work for the Amoco Production Company which is an oil firm. 

While he was working as an engineer he also received a degree in law from the University of Michigan.

He then went on to create his own company named, Terra Energy Ltd. 

Career 

Marty Lagina first came to the public’s attention when the television series, “The Curse of Oak Island: Drilling Down” first aired in 2015.

He is one of the executive producers and the brains behind the hunt for treasure on the remote island in Nova Scotia.

The original premise behind the treasure involves early settlers in 1863 retelling the story of a dying sailor who mentioned buried treasure.

He was apparently one of the crew of pirate Captain Kidd’s vessel, who had buried £2 million worth of treasure somewhere on Oak Island.

The story involves a farmer, McGinnis, who went looking for farmland and happened on a depression consistent with the sailor’s story.

On excavating the area, he found a layer of flagstones also consistent with the story and, over the years, dug a shaft to investigate.

Over the following two hundred years, various companies and groups have attempted to recover treasure from the island without success.

While he may not be one of the richest people in the world, Marty’s wealth is more than enough to bankroll his entrepreneurial ventures.

Making A Fortune In The Oil And Gas Industry

After working successfully in the oil and gas industry, Lagina made his fortune in the gas boom during the 1980s.

In 1982, Marty Lagina established Terra Energy, specializing in natural gas extraction, marking his initial foray into the energy industry.

The company experienced significant growth during the ’90s, particularly in extracting natural gas from Midwest Shale, resulting in substantial financial success.

Like Vagit Alekperov and Shelby Bryan, Lagina saw an opportunity to make a fortune in the oil and gas industry.

CMS Energy bought Terra Energy for $58 Million, which provided the financial basis for Marty’s investments and business expansions in renewable energy and winemaking.

He made a substantial investment in Chartwell Properties, LLC, becoming a majority shareholder in a diversified portfolio of traditional energy sources.

Marty established Heritage Sustainable, a wind energy company that aimed to make substantial contributions to the Midwest’s sustainable energy production.

In 1999, he founded Mari Vineyards, a company inspired by his family’s history in the wine industry, laying the foundation for a successful viticulture business.

Who knows, one day Marty may very well produce one of the most expensive wines in the world at his vineyard.

Launching A Succesful Vineyard

The successful launch of the flagship bottle, Row 7, in 2006 propelled Mari Vineyards into profitability, becoming a prominent player in Michigan’s winemaking scene.

Marty’s viticulture journey followed the example of Alain Wertheimer, who successfully invested in numerous vineyards across Europe and produced award-winning wines.

He and his brother, Rick Lagina, first became interested in treasure hunting after reading a story about it in the “Reader’s Digest” in 1965.

Marty’s background in engineering brought the necessary technical knowledge and skills to his venture into treasure hunting.

Lagina’s long-held fascination with the Oak Island mystery led him to explore the possibility of uncovering its secrets by purchasing a company on the island.

He became actively involved in the Oak Island excavation and eventually purchased shares in an existing company, partnering with another treasure hunter, Dan Blankenship.

Investing In Oak Island Tours

Treasure hunting is a hugely expensive operation and, in April 2006, Rick Lagina and his brother Marty bought a 50% share in Oak Island Tours.

This company was purchased from David Tobias, but the amount Marty and Rick offered him was never disclosed to the public.

The remaining 50% share of the company is owned by Dan Blankenship, who is also involved with another entity, The Michigan Group.

David Tobias had sold Lot 25 to the Michigan Group for $230,000 the previous year, as they too were on the hunt for treasure.

In the meantime, the Nova Scotia Department of Natural Resources and the Department of Tourism, Culture, and Heritage approved a treasure trove license for Marty.

It was then that Marty decided to document the exploration of Oak Island in a reality TV show, “The Curse of Oak island”.

Making A Deal With The History Channel

A deal was made with the History Channel and, together with various geology, history, and engineering experts, exploration began.

The Lagina brothers’ involvement in the History Channel’s “The Curse of Oak Island” brought their quest to a much wider audience.

Marty played a leadership role in coordinating and overseeing the day-to-day operations on Oak Island, deciding on where and when to dig.

The show’s popularity increased public interest in the Oak Island project and Marty’s use of advanced equipment and technology to aid in the exploration.

Through the use of advanced technology that he’d employed in the oil and gas industry, Marty was able to accurately control the excavations.

Similarly to Elon Musk, Marty Lagina has used lateral thinking and his engineering skills, and drilling industry knowledge to solve complex exploration problems.

Collaborating With Archaeologists And Historians

Lagina probably collaborated with various experts, such as archaeologists or historians, to interpret findings and also plan excavation strategies.

As the project proceeded, the Lagina brothers’ efforts on Oak Island contributed significantly to increased interest in treasure-hunting.

The longevity of the series – currently in its seventh season – reflects Lagina’s skills in creating sustainable content that attracts viewership and maintains profitability.

His company, Heritage Sustainable, is erecting 60 wind turbines in Missaukee, Michigan, to help expand renewable energy sources.

It is possible that Michigan may make the list of the richest states in the USA with the help of energy companies like Marty’s.

Marty’s professional journey as a treasure hunter, entrepreneur, and television personality is a testament to his energy, skill, and tenacity in chasing his dreams.

Marty Lagina Net Worth

As of January 2024, Marty Lagina’s net worth is roughly $100 Million.

Highlights

Here are the best highlights of Marty Lagina’s career:

• The Curse of Oak Island (TV-Show, 2014-)
• The Curse of Oak Island: Drilling Down (TV-Show, 2016-)

Favorite Quotes From Marty Lagina

“It’s such a puzzle in front of us, I think that’s as far as we thought of it. It’d be a very happy problem, I hope if we unearth something that big and that historically important. We would have to deal with that then, I guess.” – Marty Lagina 

“The first comment about that, I find that very instructive because when we look back to history, one of the things we worry about is — is it a hoax? Was the data misreported? But hoaxers don’t do what you just described. They don’t spend their whole lives there, and their entire fortune, looking.” – Marty Lagina 

“The history kind of bears out that everybody was truly intrigued, was truly reporting real findings, and that’s a very significant thing. As to how we make sure we don’t have the same fate, I’m not so sure.” – Marty Lagina 

“We get letters from teachers all the time—our two sisters are teachers. If you can, in some small way, help with a child’s learning and/or ability to be creative and imaginative and think outside the box, who wouldn’t want to participate in that?” – Marty Lagina 

2 Strong Lessons From Marty Lagina

Now that you know all about Marty Lagina’s net worth, and how he achieved success; let’s take a look at some of his best lessons that we can learn from him: 

1. Follow Your Heart 

If you have a hobby or a dream fight for it and follow your heart. 

2. Make Yourself Happy

Create your happiness by never putting it in other people’s hands. 

Frequently Asked Questions

How much is Marty Lagina worth?

Marty Lagina’s net worth is estimated to be $100 Million.
 

How old is Marty Lagina?

Marty Lagina was born on August 26, 1955, and is currently 68 years old.
 

How tall is Marty Lagina?

Marty Lagina’s height is 1.75 m, which is equal to 5 ft 9 in.
 

Summary

Marty Lagina has spent most of his life in living Michigan and he has always had a passion for wine. When he not filming on ‘Oak Island’ he likes to focus on wine such as grapes and winery. 

As of January 2024, Marty Lagina’s net worth is estimated to be $100 Million.

What do you think about Marty Lagina’s net worth? Leave a comment below.

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