Chip Foose is an American automobile designer who is also a businessman and entrepreneur. Chip is a television personality and is well-known for his appearance in the reality television series, Overhaulin’. Now let’s have a close look at Chip Foose’s net worth in 2018.
Chip Foose was born on October 13, 1963, in Santa Barbara, California. Chip’s father, Sam Foose worked in a company called Project Design and was a big car enthusiast. His mother, Terry Foose was a simple housewife. He developed an interest in cars right from the beginning.
Chip learned to draw from his dad and initially, he tried to copy all his dad’s designs, which later inspired him to draw the designs of his own. To pursue his dream, Chip started to attend the Art College of Design. However, he had to drop out in between due to the financial difficulties. So he took a job and started working, but it was his girlfriend Lynn who pressurised him to finish college. So after collecting enough money, Chip went back to the college and finished his studies.
Chip Foose is one of the luckiest people because he married his longtime girlfriend and the love of his life. Lynn always supported him and gave him the best advice. Lynn and Chip were dating when Chip had nothing, not even enough money to finish his college. After dating for so many years, finally, Chip decided to put a ring on her finger and got married. The couple has two kids together.
A couple of years back, Chip and Lynn had some marital issues. There was a rumor that Chip was cheating on her with some other girl but nothing was proven, and the couple got over it very soon. Till now they are together and living a happy life. His kids often come to visit him at the shop, just like he use to visit his father when he was young.
Chip graduated with honors from college and started working for two designing companies. At the same time, he was doing two jobs, one was full-time work at Sterenberger Designs, and other was a part-time job for Boyd Coddington. Chip eventually quit the Sterenberger Designs and joined J Mays at Ford, however, Boyd Coddington convinced him to stay with him. He then started doing a full-time job and eventually became the president at the Coddington’s company, Hot Rods by Boyd.
Chip worked at Hot Rods by Boyd for a quite a long time. In 1998, Hot Rods by Boys was facing bankruptcy, so Chip left the position at the company. He and his wife shifted to Huntington Beach, California and started a new business. Chip started his own automotive and design company called Foose Designs.
Foose gained a lot of popularity when TLC Channel made a documentary on his design and creation of modified 2002 Thunderbird called the Speedbird. Soon after the documentary, TLC launched a show called Overhaulin’ starring Chip Foose. They filmed over five seasons in which Chip restored over 80 vehicles. He also made designs for NASCAR and other famous clients.
Chip has also made his contribution to the movie industry. He helped the Pixar Studios to make the schemes and graphic designs for the movie, ‘Cars’ and ‘Cars 2’. He has also appeared as a judge on the reality television series, ‘Ultimate Car Build-Off’.
Awards & Achievements
Chip Foose has won numerous awards in his industry. He was awarded America’s Most Beautiful Roadster Award, Goodguys Street Rod of the Year, Ridler Award, Hot Rod Hall of Fame, Grand National Roadster Show Hall of Fame, SEMA Hall of Fame, etc.
Net Worth of Chip Foose
The estimated net worth of Chip Foose is approximately $20 million. He truly worked hard, right from getting into the Art college to opening a shop of his own. All of his net worth comes from his business and tv series.
Chip Foose is a tough guy from outside and soft from inside. He loves to donate money to the organisation that deals with helping orphan children. He has made donations to organisations like Childhelp and Victory Junction Gang Camp. He is a hard-working man who loves his family and enjoys designing cars.