Have you ever wondered what the net worth of Manny Khoshbin is?
Manny Khoshbin is an author, coach, and commercial real estate entrepreneur known for his fleet of fancy cars.
As of May 2023, Manny Khoshbin has a net worth of around $100 million. This article dives into how he managed to build an impressive empire from scratch!
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Manuchehr (Manny) Khoshbin was born in Iran in 1971. However, his family immigrated to the United States when Khoshbin was only 14 years old, and he grew up in Orange County.
Things were rough for Manny during his first few years in the States; he didn’t speak the language and had no friends. Plus, his family was rather poor.
So, he started the hustle early on with swap meets. Soon, he took things up a notch and joined a multi-level marketing firm as a door-to-door snacks sales agent.
Manny showed an entrepreneurial spirit from a young age and realized that he wanted to run his own business instead of working for others. So, he ditched the firm and started buying snacks in bulk to increase profits.
Of course, the venture failed when he received a notice from the health department, but he didn’t let one hurdle get in his way and kept looking for other ventures.
Manny Khoshbin’s hustles continued throughout his high school years, and he even dropped out of college to make money.
It wasn’t an easy road, though. Khoshbin faced a gas station scam that cost him all his savings.
Manny Khoshbin’s real estate empire began as a loans officer at a mortgage company, but he had to get his real estate license first. So, he tackled that head-on in 1992.
In 6 months, his entrepreneurial spirit took over and pushed him to start his own realty company. At first, he targeted distressed properties, but he expanded his portfolio strategically.
Today, he’s the CEO of The Khoshbin Company, with real estate holdings in seven states. In total, his company owns more than 2.5 million square feet!
Khoshbin’s family tries to maintain some form of privacy, which is challenging considering that he’s one of the world’s most famous real estate entrepreneurs.
Even Manny Khoshbin’s wife, Leyla Milani, has her fair share of internet fame.
You might know the Iranian Canadian actress and model from WWE Raw commercials or the TV show Deal or No Deal.
Together, Manny and Leyla have a son and a daughter.
As of May 2023, Manny Khoshbin has a net worth of around $100 million.
Aside from running his own real estate company, Khoshbin is the current CEO of Fuzul. He also founded the Contrarian Academy.
So, there are a lot of income sources pouring into his net worth, and it all shows in his lavish lifestyle.
From Bugattis to Paganis, Manny Khoshbin is an avid collector of expensive cars. He often shares updates about his exotic collection with his followers on YouTube and Instagram.
For instance, his garage includes the following exotic cars:
- Bugatti Chiron
- McLaren Speedtail
- Aston Martin Valkyrie Spider
- Bugatti Veyron Grand Sport Vitesse Rembrandt Edition
- Pagani Huayra
That said, Manny Khoshbin’s favorite car to drive is the Rembrandt Bugatti, and the McLaren PI is the best he’s ever owned. As for the McLaren F1, he’d like to drive it one day.
However, Khoshbin’s luxury car collection is more than just something that satisfies his passion. Instead, it actually makes him money.
For instance, he reported that he made a profit of a whopping $1.9 million from selling his Koenigsegg Agera RS. Keep in mind that this was after just five months of buying the car. That’s quite an appreciating asset!
One of Manny Khoshbin’s prized assets is his 70,000-square-foot home sitting on nearly an acre of land in California.
It seems like the property was originally a church. While Khoshbin left some of the building’s ceremonial aspects intact, he did renovate it a bit to suit his taste.
After all, Khoshbin needs a mansion with a spacious garage to accommodate his extensive sportscar collection!
Aside from being a real estate mogul and CEO of The Khoshbin Company, Manny is also an author.
He wrote “Driven: The Never-Give-Up Roadmap to Massive Success” and “Manny Khoshbin’s Contrarian PlayBook.”
In his published works, Khoshbin gives readers tips and tricks for building fortunes. For instance, the Contrarian Playbook is all about making your first million in the real estate industry.
However, it’s unclear what his royalties are from each book deal and how much they contribute to his net worth.
Manny Khoshbin puts some of his profits from the real estate business into charitable causes.
For one, he’s an ambassador and generous supporter of The Autism Community in Action (TACA).
Plus, Khoshbin pledged $1 million to an Autism Center by the Children’s Health of Orange County (CHOC).
Khoshbin’s wife, Leyla, shares his philanthropic approach, too. In fact, she joined him in his support of CHOC’s Thompson Autism Center.
Frequently Asked Questions (FAQs)
What was Manny Khoshbin’s first job?
In an Instagram post, Manny Khoshbin revealed that his first job (at age 16) was at a Kmart in Costa Mesa, mopping floors and collecting shopping carts for $3.6 per hour.
Within a year, he had made it to assistant manager.
Where does Manny Khoshbin live?
Currently, Khoshbin lives in Newport Coast, California, with his wife and two children.
Does Manny Khoshbin own a McLaren Senna?
For a while, Manny Khoshbin owned a 2019 Senna, but he sold it after driving it for around 150 miles because he didn’t have enough time to give the car the attention it deserved.
Passion And Strategic Thinking Go Hand In Hand
Manny Khoshbin knows how to expand his empire while enjoying a luxurious lifestyle.
For instance, he capitalizes on his passion for cars and uses his collection to make more money whenever possible.
Khoshbin gives back to society through his philanthropic endeavors. Plus, he’s also focused on helping young entrepreneurs find their own paths.
Success tastes much better when we share it with others and direct it toward our core beliefs!
Khoshbin wasn’t born into his real estate empire, and it was hard to predict that he’d have this kind of financial future. After all, he came a long way from cleaning floors at Kmart.
However, Khoshbin is anything but ashamed of his humble beginning. In fact, he takes pride in starting from scratch and making his way to the top!