Marty Lagina Net Worth - Pulptastic

What is Marty Lagina’s Net Worth

Marty Lagina, an American reality TV personality, entrepreneur, and engineer, has a net worth of $100 million. He is best known for his role in the History Channel reality TV series, The Curse of Oak Island, which premiered in 2014.

The show follows Marty and his brother Rick as they attempt to find a treasure supposedly buried on the island. The brothers first became interested in the island after reading an article about the Restall family’s investigation of the treasure in Reader’s Digest in 1965.

Marty and Rick now own a controlling interest in the Oak Island Tours company and are the majority owners of the island. Theories abound about the original source of the treasure, with one prominent theory suggesting that North African gold merchants left it behind in the 1300s.

Marty Lagina: From Natural Gas Pioneer to Wind Energy Producer and Winery Owner

Besides being a reality TV star on the show “The Curse of Oak Island,” Marty Lagina has a successful business career. He founded Terra Energy, a natural gas and wind power extraction company that was a pioneer in shale gas extraction in the mid-west in the 1990s. He sold the company to CMS Energy for $58 million and launched Heritage Sustainable, which is planning to build 60 wind turbines in Missaukee, Michigan, making Marty the largest wind-energy producer in the state and one of the largest in the mid-west. He aims to eventually power 25% of Michigan’s energy by wind and expand the process nationwide.

In addition to his energy ventures, Marty owns Mari Vineyards, a winery that he founded in 1999. Despite initial struggles, the winery now owns over 60 acres in Michigan and produces a flagship bottle called Row 7. The winery is managed by Marty’s son, Alex Lagina.

Early Life and Education

Martin Lagina was born on August 26, 1955, in Kingsford, Michigan, to George Jacob and Anna Lagina. He graduated from Kingsford High School in 1973 and later attended Michigan Tech University. After completing his studies, he began working as a petroleum engineer at Amoco.

Despite working full-time, Lagina pursued a Juris Doctor degree at the University of Michigan. He also worked as a petroleum consultant on the side to support himself.

Lagina has one brother, Rick Lagina, who he is known for partnering with on the popular television show “The Curse of Oak Island.”

Marty Lagina’s Career and TV Show

After obtaining his Juris Doctor in 1982, Marty Lagina founded Terra Energy Ltd. and developed over $3 billion in natural gas resources and oil. He sold the company to CMS Energy in 1995 for a reported $58 million and shifted his focus to wind-powered energy, starting a new company called Heritage Sustainable Energy.

Aside from his business ventures, Marty Lagina is also an executive producer and star of the reality TV series The Curse of Oak Island: Drilling Down on the History Channel. The show follows Marty and his brother Rick as they attempt to find a supposed treasure buried on the island. The Lagina brothers own a controlling interest in the Oak Island Tours company which is the majority owner of the island.

There are many theories as to the original source of the treasure, one of which is that it was left by North African gold merchants dating back to the 1300s. The show began airing its ninth season in the spring of 2022.

Marty Lagina’s Business Ventures

Marty Lagina, aside from being a reality TV star, is a successful businessman who funded the entire Oak Island Tours operation and treasure hunt. He is also a wind energy producer, with plans to build 60 wind turbines in Missaukee, Michigan, making him the largest wind-energy producer in Michigan and one of the largest in the Midwest. Lagina aims to power 25% of Michigan’s power through wind and wants to replicate this process around the country.

Aside from wind energy, Lagina also owns Mari Vineyards, a winery named after his Italian grandmother. His family has a history of wine-making in Italy, and he launched his own winery in the Upper Peninsula of Michigan in 1999. Though not successful at first, they were producing a flagship bottle called Row 7 by 2006. Today, Mari Vineyards owns over 60 acres in Michigan, with Lagina’s son Alex managing the winery.

Marty Lagina’s Family

Marty Lagina is married to Margaret Olivia Lagina and they have two children.