The HBO documentary series ‘Rain Fair’ follows George Coulam Net Worth Koulam’s plans to retire after selling the multi-million dollar State Texas Renaissance Festival as he made it clear he wanted to find his successor at Louie Migliaccio, a businessman behind one of the frequent stalls at festivals , approached him with a story Turns out it was a battle for the TRF throne. While the show chronicles George’s attempts to move into the next phase of his life, events make it clear just how rich he is. Over the years he has made millions through the Festival, which is just one of his many amazing assets!
George Coulam Net Worth
As the majority shareholder of the festival, George Coulam Net Worth made money from ticket sales, room rentals and scholarships. In 2015, the festival’s independent merchants raised more than $10 million. As TRF prepares to celebrate its 50th anniversary, revenues are expected to increase. Before the 2022 anniversary, the company’s cash balance would exceed $47.4 million. Since then, two versions of the TRF have been completed, with a third on the way, suggesting that the available funds should have increased substantially, especially considering the success of the two meetings
When George decided to sell his festival, he asked for at least $60 million from a potential buyer, which gives us a glimpse of the value of his company two years ago. Moreover, TRF is not its only asset. He owns a spectacular property near the festival grounds. Known as Stargate Manor, the star attraction of the 200-acre estate is its palatial residence and private orchard, which can cost up to $30 million
The 200-acre property isn’t George’s only land in Todd Mission. He owns more than 800 acres of land in 1,200 acres. However, it is not clear how much of this land was divided between the festival and individual owners. His other assets include a Ford Lightning truck and a Cadillac Escalade.