Inside ‘The Golden Bachelor’ Gerry Turner’s Net Worth

ABC launched the American dating reality series The Golden Bachelor on September 28, 2023. The cast of this The Bachelor spin-off is made up of senior citizens.

The 72-year-old widower and retired restaurateur from Hudson, Indiana, Gerry Turner, is the star of the series. Since it was announced that Turner was the new bachelor in the Bachelor Nation, many were curious about him.

While the ABC show did a pretty good job revealing details about the star, netizens still have a lot of unanswered questions like, ‘What is Gerry Turner’s net worth,’ and ‘Where does Gerry Turner live?’

Here is all we know about it.

Gerry Turner’s net worth

Turner has never revealed his net worth to date. However, many have estimated and deduced his net worth from what he has revealed about his career and lifestyle.

His time as a restauranter, notably with the Mr. Quick franchise, was the principal source of his income. So, a significant amount of his net worth is based on his actual professional accomplishments.

Living in one’s dream house, starting a family, and operating restaurants are not precisely aspects of a low-cost lifestyle. In addition, Turner loves to play sports like golf and other games, which may be rather costly pastimes. 

Combining that with Gerry’s recent appearance in the Golden Bachelor commercial, it’s obvious that he has money. So, calculating everything and deducing from there, it is estimated that Turner’s net worth is $1.5 million, and it is derived from his prior professional accomplishments and lifestyle factors.

Where does Gerry Turner live?

Turner resides in Indiana in his dream house, which he reportedly sold. It is in LaGrange County, on Big Long Lake. 

The lakefront house is more than 2,000 square feet, according to the property register. The Sun shared exclusive photos of the house and revealed there is a second-story porch facing the lake in front of the house.  On the first level is a private dock where Turner’s boat and jet ski are visible. 

The house has a large number of windows on the front, side, and rear that let in natural light. There are four bedrooms and four bathrooms in his home. 

It was revealed that Turner allegedly paid $375,000 for the house. According to Zillow, it is worth $637,700 as of 2023.

The house, which was highlighted in a formal TV preview, has a nice balcony with a view of the sea and a gray-and-white facade. The retired restaurateur provided personal details about how he came to own the house during the sneak peek. 

“I married my high school sweetheart, Toni, in 1972,” he said. They spent 43 amazing years together and were blessed to have two beautiful grandkids from their two daughters.

He continued, “We had a real typical but beautiful life full of love, full of activity. And as the years went on, I retired. We had a plan, and we had an idea of what our dream house was going to be.”

Following his wife Toni’s retirement at the end of May 2017, they closed on their dream home on June 6, 2017. It didn’t go at all as planned starting that date.

Toni fell sick, and over the course of a few weeks, her condition worsened. Her kidneys and liver were impacted by a bacterial illness. 

On July 7, 2017, he brought her to the ER, and on July 15, 2017, she passed away. He said, “Every time I look at that lake, I go, ‘This is her dream. This is what she deserves. Why am I standing here alone?’”

In September 2023, he disclosed to People that following Toni’s passing, he sold the lake house they intended to retire to together and enrolled in bereavement counseling, which he described as “life-changing.”

However, Turner will move on from the traumatic incidents and his dream house to be with his new wife, Theresa Nist. 

As said before, Turner and his late wife raised two children, Angie and Jenny. In addition, he has two granddaughters, Payton and Charlee.

Turner’s daughters pushed him to audition for the show and supported him when he was selected as the first Golden Bachelor. Turner valued Angie, Jenny, and Charlee’s input much during the selection process, and he knew Nist was the perfect choice when he observed his family’s ecstatic reaction to his decision. 

He told People, “Because of the way the sun was and the walk that Theresa had to do, she was a silhouette for an awfully long time. And my daughters tell me, ‘Please let it be Theresa. Please let it be Theresa,’” 

Soon the light hit Nist and his children could see her, they were ecstatic. He confessed, “They were in tears. They were thrilled.”

The couple told People that they would like to begin their lives together in Charleston, South Carolina, following their engagement on the November 30, 2023 episode of the Golden Bachelor.

Turner claimed that fate played a hand in the possibility of their new home. He said, “For the last couple of years, when my family gets together, I’ve talked about moving to South Carolina, and it’s an idea I’ve toyed with. And then in conversation with Theresa, a private moment, she’s saying, ‘Well, yeah, my son lives near Charleston in South Carolina.’”

Turner was first worried that he would not get along with the person he ended up with when it came to living arrangements, but that wasn’t an issue with Nist.

“And all of a sudden it’s like, there’s a big problem that is gone,” he added. “The issue of compromising on where to live and how to reconcile families and all of that is, it’s no longer an issue.”

It looks like they will move forward with their plans after their marriage. After their engagement, they announced they would tie the knot in a live televised ceremony. 

Turner said in the After the Final Rose special, “We are going to get married, we’re going to do it as quickly as we can because, at our age, we don’t have a lot of time to waste. As quickly as we can put together a wedding plan, we’re getting married!”

The Golden Wedding of the Golden Bachelor will air on January 4, 2024, at 8 p.m. ET on ABC.