Chip Foose, a prominent name in the automotive industry, is widely recognized for his skills as a hot rod designer, fabricator, and television personality. Over the years, Chip has become an influential figure in car culture and a staple in the world of custom cars.
Chip Foose net worth has grown substantially thanks to his successful career, media appearances, and various business ventures.
This article will explore his wealth, salary, and financial journey, delving into his key projects, entrepreneurial endeavors, and how he amassed his fortune.
Chip Foose Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Douglas Sam Foose |
| Popular Name | Chip Foose |
| Birth Date | October 13, 1963 |
| Age | 61 (as of 02/24/2025) |
| Birthplace | Santa Barbara, California, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Art Center College of Design (1990) |
| Marital Status | Married |
| Spouse | Lynne Foose |
| Children | Katie and Brock |
| Dating | N/A |
| Siblings | Amy Michelle Foose, Jodi Foose |
| Parents | Sam Foose, Terry Foose |
| Height | 1.8 m |
| Net Worth | $18.5 million (2025) |
| Source of Wealth | Automotive Design, TV Shows, Business Ventures |
What is the Net Worth of Chip Foose in 2025?
Chip Foose’s net worth in 2025 is estimated to be around $18.5 million. As one of the most respected figures in the automotive world, Foose has amassed wealth from various sources.
His work as a hot rod designer, TV host, and business owner has contributed significantly to his financial success.
Compared to other notable car designers, Chip’s wealth is substantial, yet still dwarfed by industry giants like Boyd Coddington and the Ford Motor Company.
Chip has also made notable contributions to the automotive media, especially with his starring role in Overhaulin’, a reality TV series that played a pivotal role in his career.
His net worth places him among the most successful figures in the car restoration and custom car design industry.
Some notable individuals and companies related to Chip Foose’s career include:
- Boyd Coddington
- Overhaulin’ TV Show
- Ford Motor Company
- Foose Design
- Hot Rod Hall of Fame
- Ridler Award
- Huntington Beach Mansion
- Petersen Automotive Museum
- Ridemakerz
- MotorCity Casino
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Chip Foose Wealth, Salary, and Financial Overview
How Chip Foose Built His Wealth and Career
Chip Foose’s path to financial success began early. He started working on cars with his father’s company, Project Design, at just seven years old. This hands-on experience laid the foundation for his later career. After attending Art Center College of Design, Chip entered the professional world, working first at Sterenberger Design and then at Boyd Coddington’s Hot Rods by Boyd. During his time at Boyd’s company, Foose designed some of the most well-known cars in the industry, including the Boydster I and II.
In 1998, when Hot Rods by Boyd faced financial difficulties, Chip left the company and established Foose Design with his wife, Lynne. This decision led to the creation of some of the most iconic vehicles in custom car culture. His work on custom cars, like the Stallion 1934 Ford Coupe, played a major role in boosting his net worth. By securing high-profile projects, he was able to build a reputation as one of the most talented car designers of his generation.
How Much Does Chip Foose Earn from His TV Appearances and Shows?
Chip Foose’s television career has significantly contributed to his wealth. As the star and executive producer of Overhaulin’, he earned a substantial income from the show.
The concept of Overhaulin’ — where unsuspecting car owners believe their cars are being towed, only to have them completely restored — was a huge hit with audiences.
The show ran for multiple seasons, both on TLC and later on Motor Trend. Chip’s role as both the host and an executive producer was critical to his growing salary from the series.
In addition to Overhaulin’, Chip Foose appeared in various other TV programs like American Icon: The Hot Rod and Chasing Classic Cars. These appearances helped increase his public profile and income, reinforcing his brand as a car expert and TV personality.
The Impact of Chip Foose’s Automotive Designs on His Income
Chip’s custom car designs have been a major contributor to his wealth. With Foose Design, Chip became known for creating show-stopping vehicles that garnered attention from collectors and automotive enthusiasts.
One of his early successes was the Boydster II, which won the prestigious America’s Most Beautiful Roadster Award. This win led to the establishment of Foose Design’s headquarters in Huntington Beach, which further boosted his professional reputation.
Chip also designed the Hemisfear, a supercar that sold for $340,000 at auction. His cars, which often combine classic design with modern performance, continue to fetch impressive sums at auctions. Beyond the cars themselves, Chip has collaborated with major companies like Ford, contributing to his ongoing financial success.
Chip Foose’s Business Ventures and Financial Growth
In addition to his work as a car designer and TV personality, Chip Foose has ventured into business. He helped launch Ridemakerz, a company that allows customers to design and customize toy cars. This entrepreneurial spirit has allowed Chip to expand his financial portfolio beyond automotive design. Furthermore, his involvement in the MotorCity Casino expansion in Detroit as a design consultant added to his wealth.
Chip’s real estate investments have also been a significant factor in his financial growth. His $4.25 million mansion in Huntington Beach is a testament to his success in both the design and real estate markets.
Chip Foose’s Legacy and Influence on the Car Industry
Chip Foose’s legacy is firmly cemented in the automotive world, where he is considered one of the greatest car designers of his time. His designs have influenced generations of car enthusiasts and professionals alike. From his early work at Boyd Coddington’s shop to his later success with Foose Design, Chip has built a brand synonymous with excellence in automotive design.
Through his work and public appearances, Chip has become an influential figure in car culture, contributing not only to hot rod design but also to the custom car industry. His legacy will likely continue to inspire new generations of car enthusiasts and designers.
Conclusion
Chip Foose’s wealth and success are the result of decades of hard work, innovation, and passion for custom car design. From his groundbreaking work in automotive design to his highly successful television career, Chip has proven to be a versatile and influential figure in the industry.
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