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gem money tree

Looking for a resilient, attractive houseplant that brings both beauty and a touch of luck to your space? The gem money tree—more commonly known as Crassula ovata—has long been cherished in New Zealand homes and gardens for its glossy, jewel-like leaves and reputation as a symbol of good fortune. This popular succulent is not only easy to care for, but it also offers year-round colour and texture, making it a top choice for gardeners seeking low-maintenance greenery. The gem money tree is often featured in indoor gardens, office spaces, and outdoor pots, where its thick, jade-green leaves and branching form add instant interest and charm.

Crassula ovata (Money Tree)

Money Tree, Money Plant

Crassula ovata is a versatile plant ideal for New Zealand gardens, offering unique features and easy care.

crassula-ovata-
  • Suited to regions:
    Subtropical, Temperate
  • Plant type:
    Succulents
  • Height:
    1.00 m
  • Spread:
    1.00 m
  • Flowering time:
    Summer, Winter
  • Tolerances:
    Extended dry periods
  • Garden uses:
    Borders, Containers, Living areas, Paths & Steps, Patios, Pool areas
  • Garden styles:
    Architectural, Backyard, City & Courtyard, Frontyard, Mediterranean, Modern
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Crassula ovata (Money Tree)

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What Makes the Gem Money Tree Special?

Crassula ovata’s appeal starts with its rich, succulent foliage. Each plump, oval leaf grows in clusters, catching the light and giving the gem money tree its signature ornamental look. As your plant matures, you may notice the stems thickening and branching to resemble a miniature tree—a perfect fit for small spaces or as a focal point in your succulent collection. When grown in bright, indirect light, the leaves may take on a reddish tint along the edges, further enhancing their gemstone-like appearance. Not only does the gem money tree thrive with minimal attention, but it’s also drought-tolerant, making it ideal for busy plant lovers.

Easy Care and Versatile Uses

One of the reasons Crassula ovata remains a staple in New Zealand nurseries is its forgiving nature. The gem money tree adapts to both indoor and outdoor environments, but prefers a well-draining soil and pots with good drainage to prevent root rot. Water sparingly and allow the soil to dry between waterings. With proper care, the gem money tree can live for decades, growing slowly and often developing beautiful, pinkish-white clusters of flowers in winter.

This plant makes a fantastic gift, especially since it’s traditionally thought to attract prosperity and positive energy. Use your gem money tree as a desk companion, a stylish addition to a shelf, or as part of a larger succulent arrangement. For those keen on expanding their collection, consider pairing it with Crassula ovata minima, a dwarf version with similarly dazzling leaves.

Explore Other Unique Succulents

If you love the gem money tree, you’ll appreciate the diverse range of Crassula and other succulents available through our nursery. For a silvery-leafed alternative, try Crassula arborescens, or brighten up a mixed pot with the vibrant colours of Crassula sarmentosa Comet. Those seeking striking foliage might enjoy Crassula pellucida variegata, while the unusual form of Crassula lycopodioides is sure to turn heads. For even more texture and contrast, consider combining your gem money tree with plants like Aloe castanea or Sedum spurium Voodoo (Stonecrop Voodoo).

Start Your Succulent Journey

Ready to enjoy the timeless beauty and positive vibes of the gem money tree? Browse our selection of Crassula and related succulents for your next garden project. With expert care and quality plants, you’ll transform your indoor or outdoor space effortlessly. Don’t miss favourites like Mesembryanthemum White, Aloe spinosissima, or the sculptural Kalanchoe thyrsiflora Bronze Sculpture to create a stunning, easy-care succulent display.


Contact us

Whether you need assistance finding the plant you’re looking for or you simply want to know more about who we are and what we do, we invite you to get in touch with us today. A member of The Plant Company team will get back in touch as soon as possible.

–The Plant Company

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