Net Worth: | $250 Million |
---|---|
Age: | 52 |
Born: | January 14, 1971 |
Country of Origin: | Iran |
Source of Wealth: | Business, Real Estate |
Last Updated: | 2023 |
What is Manny Khoshbin’s Net Worth?
TABLE OF CONTENTS
As of November 2024, Manny Khoshbin’s net worth is estimated to be around $250 million.
Introduction
Manny Khoshbin, the king of real estate, is an Iranian-American internet personality, entrepreneur, and businessman. He went from selling nust and benign homeless to a multi-millionaire businessman and car enthusiast.
As of November 2024, Manny Khoshbin’s net worth is estimated to be around $250 million.
Manny Khoshbin’s Net Worth, Career, and Success Story (2023 Update)
Early Life & Biography
Manny Khoshbin was born on January 14, 1971, in Iran. In 1984 before he turned 18, Khoshbin’s father decided to flee Iran to save his son’s life from being drafted into the army and give him the chance for a brighter future.
They went to Turkey, took their visa, and fled to America. His father bought a car where they sleep at night and land an accounting job. After getting his first paycheck they moved to an apartment complex.
Khoshbin said that he was picked on in school because he was short and skinny. This is one of the reasons he started lifting weights at a young age. The sport also helped him become more confident and that translated into business.
How Manny Khoshbin Make His Money?
Career
Manny Khoshbin’s first job was as a secondhand seller, he took used products throwed by their owners and sold them. He was doing this business with his brother for two years then he started working at KMart as a regular clerk for three dollars and fifteen cents in 1986.
Khoshbin was always looking at the newspaper for new opportunities. One day he found what he was looking for: a job that pays one thousand dollars a week. He then applied for a job and started selling nuts at the age of 17 for a company named WWI. After three months he became their top salesman.
He left WWI and started selling nuts and keeping all the profits for himself. Buying them for 5 bucks and selling them for 10 bucks in the street earning him more than 1000 dollars a week.
After saving around $20,000 Khoshbin and his father started the process of owning a gas station but they didn’t have a choice because the loan agent stole their money and went to jail. Khoshbin lost all of his money but didn’t give up.
After a couple of months, he started a new job at a mortgage company where he processes loans. Khoshbin realized how much money he can make from loans so he started his own company with the help of his friend who is a broker. His company made him around $300,000 in profits in the first year.
In 1994, Khoshbin started investing in real estate using the money he earned from his business and the loan he took. He also opened a 79-cent store with a partner in Santa Ana.
Today Manny Khoshbin owns multiple businesses and a real estate empire. As of November 2024, Manny Khoshbin’s net worth is estimated to be around $250 million.
Personal Life
Manny Khoshbin’s Girlfriend, Wife, and Kids
Manny Khoshbin is a devoted family man with two beloved children, a son named Enzo and a daughter named Priscilla. Although he has experienced a divorce in the past, he openly acknowledges his regret over his previous marriage.
Summary
Manny Khoshbin is a successful businessman who started from the ground up, From living in a car to a multi-million dollar real estate empire and multiple companies. As of November 2024, Manny Khoshbin’s net worth is estimated to be around $250 million.