The Iranian businessman Manny Khoshbi’s Net Worth is $200 million. Manny Khoshbin is the president and CEO of a commercial real estate firm “The Khoshbin Company”. He immigrated to the United States from Iran when he was 14 years old, living homeless in a car with his entire family.
Khoshbin began his professional career in the business world just after graduating from high school. He has built a real estate empire, privately buying and selling over $1 billion in real estate with no outside capital. He is mostly known for flaunting his extravagant lifestyle and lavish car collection on social media.
Manny Khoshbin’s Net Worth (2024)
Net Worth: | $200 Million |
Profession: | Businessman |
Annual Salary: | $25 Million |
Age: | 53 Years Old |
Born: | January 14, 1971 |
Country: | United States of America |
Last Updated | 2024 |
Manny Khoshbin’s Net Worth Growth
Net Worth in 2024 | $200 Million |
Net Worth in 2023 | $180 Million |
Net Worth in 2022 | $150 Million |
Net Worth in 2021 | $130 Million |
Net Worth in 2020 | $110 Million |
Early Life
Manny Khoshbin was born on January 14, 1971, in Iran and spent the majority of his childhood with his four siblings. In 1985, his family moved to California when he was 14 years old.
High School Life
At the age of 16, Manny started working at K-Mart for $3.15/hour collecting carts and sweeping floors. He was later promoted to an employee of the month four times and eventually to Sporting Goods Assistant Manager after only one year.
He started off selling sweets and nuts door-to-door but quickly realized he could do it himself and make more money. At the age of 18, Khoshbin began his first business during his senior year by purchasing food in large and selling it door to door.
He sold primarily to auto retail/service outlets and performed well. He had to shut it down though after a health inspector visited and informed him that he required a license that he couldn’t afford.
Manny Khoshbin Key Facts
- Monthly Income: $2.5 million.
- Annual Income: $25 million.
- Built a portfolio of over 2,000 rental units.
- Owns real estate worth more than $40 million.
- His company deals in more than $900 million worth in real estate.
- Has a car collection worth more than $20 million.
- Shares insights and advice on entrepreneurship.
- Khoshbin’s book: “Contrarian PlayBook”.
- Has a luxury car dealership and a line of nutritional supplements.
Early Career
Khoshbin bought a petrol station from a friend of the family at a discount in 1991, using all of his savings. He joined “Century West Financial” as president and a broker. Khoshbin spent more than 6 years working for a successful real estate firm.
He worked as a broker with “Fidelity National Funding” in 1998 and was elected president of the company as well. He assumed leadership of what is likely his most lucrative business “The Khoshbin Company Inc.” in 2005.
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Breakthrough
The Khoshbin Company eventually grew to own and manage over 205 million sq ft of revenue-generating real estate. He chose to quit Fidelity National Funding in 2008.
Manny Khoshbin’s Contrarian PlayBook was his first published work when he ventured into publishing. Khoshbin was named CEO of the internet publishing firm Fuzul.
His most recent effort is the establishment of Contrarian Academy, a training program for commercial real estate investors. Khoshbin Co. purchased the former Trinity Broadcasting Network Costa Mesa facility in 2021 for $22 million.
Khoshbin Car Collection
- Bugatti Chiron Hermès Edition – $6,000,000
- Bugatti Veyron Grand Sport – $3,000,000
- 2014 Bugatti Veyron Grand Sport Vitesse – $2,500,000
- 2021 Custom Ford GT – $500,000
- Pagani Huayra Hermès Edition – $5,000,000
- Rolls Royce Dawn – $356,500
- Rolls Royce Ghost – $312,000
- Custom Carbon Black McLaren – P1 $1,150,000
- 2019 McLaren Senna – $1,480,000
- Maclaren Speedtail – $2,250,000
- Porsche 935 – $1,700,000
- 2016 V12 Mercedes SLS AMG – $200,000
- Mercedes SLR AMG McLaren – $740,000
Assets and Properties
Khoshbin purchased a $19.6 million Mediterranean-style mansion in 2017 that is built on about an acre of property and is located at 12 Fairway Point in Newport Coast, California.
The home is over 13,000 sqft and has 7 bedrooms, 9 bathrooms, a pool, a hot tub, and even a sauna. There is also a theater room that has entirely crimson furnishings and paint.
The vast palace also has a wine cellar, a walk-in closet, and an area for cigars and bars. Additionally, the property has a personal track for the electric go-karts he recently bought.
Personal Life
Khoshbin has been married to Iranian Canadian actress Leyla Milani since June 2011, and the couple has two children: Enzo, a son, and Priscilla, a daughter. Milani has been on WWE.
Manny Khoshbin has also been on Deal or No Deal, and Curb Your Enthusiasm, among other shows. Khoshbin lives in a home in Newport Coast, California with his family.
Manny Khoshbin‘s Biography
Real Name | Manny Khoshbin |
Nick Name | Manny |
Age | 53 Years Old |
Height | In Feet – 5 Feet 8 Inches In Meters – 1.73 m In Centimeters – 173 cm |
Weight | In Kilograms – 60 Kg In Pounds – 132 lbs |
Family | Father – Nasser Khoshbin Mother – N/A Sisters – N/A Brothers – N/A |
Girlfriend | N/A |
Wife | Leyla Milani |
Children’s | Priscilla Khoshbin, Enzo Pasha |
“Give to Get” with your tenants, and treat them like your partners–because that’s what they are.”
– Manny Khoshbin
Manny Khoshbin Social Media Profiles
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Manny Khoshbin Net Worth
Manny Khoshbin’s net worth is estimated to be $200 million in 2024. Khoshbin is one of the richest real estate investors in the country and is well-appreciated for starting a business at the age of 16.
He started with a job and quickly switched to business to fulfill his dreams and now makes over $10 million per year. Khoshbin is presently the CEO of 3 companies “Fuzul, The Khoshbin Company, and Contrarian Academy”.
Manny Khoshbin’s company deals in more than $900 million worth of real estate and has real estate assets located in seven states totaling over 2.5 million square feet.
How much is Manny Khoshbin worth?
Manny Khoshbin Net Worth is currently 200 million dollars.
How much money does Manny Khoshbin make in a year?
Manny Khoshbin makes around $20 million per year.
How old is Manny Khoshbin?
Khoshbin was born on January 14, 1971, in Iran and is 53 years old as of 2024.