magic money tree

Name: The Plant Company
Address: 284 Meeanee Road, Meeanee, Napier, 4112, New Zealand
Telephone: 0800 843 752
Price range: Contact Us
Rating: 4.8/5

If you're searching for a plant that brings a touch of fortune and a whole lot of beauty to the home or office, the magic money tree is a must-have. Known botanically as Crassula ovata, this popular succulent is loved across New Zealand for its glossy green leaves and easy-going nature. It’s often called a lucky plant or jade plant and is believed to attract prosperity—making it an ideal gift or feature plant. Whether you’re an experienced gardener or just getting started, the magic money tree thrives with minimal fuss and offers year-round appeal.

Crassula ovata

Crassula ovata (Money Tree) is a popular succulent known for its thick glossy green leaves and tree like structure. It is widely grown in New Zealand as an indoor plant and in warm outdoor conditions. Valued for its easy care nature and long lifespan, it is ideal for containers, patios, and low maintenance gardens.

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

More species and varieties of Crassula

Popular Succulents

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What is the Magic Money Tree?

The magic money tree, or Crassula ovata, is a slow-growing succulent native to South Africa. Its thick, oval-shaped leaves resemble coins, adding to its reputation as a bringer of good fortune. The plant often develops a woody trunk as it matures and can be shaped like a small tree or allowed to sprawl as a lush succulent shrub. In the right conditions, it produces clusters of star-shaped white or pale pink flowers, typically in late winter or early spring.

How to Grow and Care for Your Magic Money Tree

Crassula ovata loves bright, indirect light—making it perfect for sunny windowsills or conservatories. This hardy succulent tolerates dry conditions, requiring only occasional watering once the top few centimetres of soil have dried out. Overwatering is the biggest enemy, so ensure your magic money tree sits in a well-draining pot. Regular feeding with a gentle liquid fertiliser during the growing season keeps leaves plump and brings out their best jade colour.

If you prefer a more compact variety, Crassula ovata minima offers all the same appeal in a charming, dwarf form.

The Magic Money Tree and Your Plant Collection

Because of its adaptability, the magic money tree is an excellent choice for starting a succulent collection or expanding an existing one. Group it with similar species for a striking display: Crassula arborescens, with its silvery-blue leaves, adds beautiful contrast, while Crassula pellucida variegata brings a splash of colour with its variegated foliage. If you enjoy trailing succulents, Crassula sarmentosa Comet offers cascading leaves for added texture. For those interested in related species, the classic Crassula argentea (Jade Plant) is another crowd favourite.

Try pairing your magic money tree with contrasting succulents like Echeveria Green Waterlily, Echeveria Imbricata, Echeveria Expatriata, Aloe cooperi, or the silvery-blue Senecio serpens for stunning pots and planters.

Why Choose a Magic Money Tree?

Beyond its lucky reputation, the magic money tree is prized for its air-purifying qualities and low-maintenance requirements. It's suitable for homes, offices, and commercial spaces, thriving indoors or on sheltered decks. With just a little care and the right location, your Crassula ovata will grow for many years, becoming more impressive over time—and perhaps bringing a little extra luck along the way.

Ready to welcome a magic money tree into your space? Browse our carefully curated collection and discover the perfect companion plants for your succulent oasis.

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.