Married At First Sight: Michael Goonan reveals the TRUTH about his wealth

Married At First Sight’s Michael Goonan isn’t as flash as some fans believe he is.

After flying from Sydney to Melbourne in a private jet last week, the 29-year-old has come clean about his extravagant lifestyle, confirming the plane isn’t his. 

‘No, it is not my private jet,’ Michael told KOTN Media on Sunday, before explaining where he prefers to invest his money. 

‘I’m a firm believer in buying assets that appreciate in value,’ he said.

‘The house that you all seen [on MAFS] is my house, I own that. Assets that go up in value, I own,’ he added.  

The millionaire company director of Adelaide Ice then addressed the backlash he received for chartering the private interstate last week. 

‘To me, with the private jet I didn’t mean any disregard for people that looked at that and thought, “What a d**k head”,’ he explained.

‘At the end of the day, I’d rather fly on a private jet than Tiger [Air]. I’ve got to be honest – sorry guys. I am not a snobby person that thinks he’s better than anyone. If I want to go on a private jet, who gives a f**k. I don’t think I’m better than anyone.’  

The reality star is company director of his family business, Adelaide Ice, which his father founded in 2002 after moving to Australia from Scotland. 

Adelaide Ice is now South Australia’s largest ice manufacturing and packaging business, and has offices in Victoria, Queensland and the Northern Territory.

Michael also co-owns a wine label called Australian Sapphire Enterprises with his friend Calvin Daniels. The duo launched the business in May 2019.

He lives in a $1.1million Adelaide mansion which he bought in his early twenties, and rents out on Airbnb for $1,000-per-night as he travels so much for work. 

According to some websites, Michael currently has a net worth of at least $1 million. However, it is thought to be much more.