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Manny Khoshbin is an Italian businessperson, influencer, and author. The business executive is the President of Khoshbin Company, a California-based real estate company.
The Khoshbin Company is a great player in the US real estate market, with an average annual revenue of $7 million. The Iranian business executive also has a youtube channel with over 1.5 million subscribers, where he showcases his luxurious car collections.
What Is Manny Khoshbin Net Worth
As of 2023, Manny Khosbin’s net worth is estimated at $100 million. The primary source of his wealth is the Khoshbin Company, where he is the founder and CEO.
According to Salary.com, a real estate CEO in the United States earns an annual salary that falls within the range of $220,000 to $344,699. The Khoshbin Company has been doing well since its inception, having closed real estate deals running into billions of dollars.
The business executive also has a Youtube channel that attracts over 120,000 views daily. Manny Khoshbin’s Youtube channel earns, on average, $25,000 monthly and $302,400 annually.
Aside from his business, the Iranian businessperson also has many supercars in his collections. While many see Manny’s car collections as a fantasy he likes indulging in, the Youtuber, in an interview, said he buys cars as a form of investment as he had made a profit from reselling some of his supercars.
Manny has also authored four books that are on sale on Amazon. His book “How to Build Your $100 million Real Estate Portfolio from the Ground Up” has sold thousands of copies, with each copy going for $18.95.
Not all of the influencer’s income streams are known. This means that he may be worth more than $100 million when earnings from all his income sources and the value of his assets are added up.
His Youtube channel is an alternate income stream. With over 175 million views throughout the channel’s lifetime, the influencer earns approximately $302,000 annually on the channel.
Manny Khoshbin Net Worth Annually
The real estate company CEO’s net worth has continued to increase as the year goes by. The real estate industry has also witnessed considerable growth in recent times, and Manny has maximized this growth trend to make millions of dollars in flipping houses.
However, the real estate industry experienced a recession during the pandemic due to the lockdown, although things have started picking up.
On the other hand, Manny’s Youtube Channel views increased during the lockdown, with many of the videos uploaded during this period having millions of views. This attracted a higher income from his YouTube channel.
How Did He Get Rich
Like Lainey Wilson, Kay Flock, and Michael Rainey Jr, most of Manny Khoshbin’s wealth is from social media influencing, investment in real estate, and mentorship programs. The businessperson also has a Youtube channel with over 1.5 million subscribers and millions of visitors.
The influencer is known as a wise real estate dealer and, at one point, posted on his Instagram page how he made $1.9 million in five months. He has also piled up a sizable chunk of wealth from selling his books.
The Khoshbin Company, founded by Manny Khoshbin, is among the top ten real estate companies in the United States and has closed many real estate deals running into millions of dollars.
Manny is a shrewd investor with many investments, including a stake in the car dealership industry. Manny Khoshbin had two running Angel investments, one in 2021 and the other in 2022.
The business executive also has an academy – Contrarian Academy. Through this academy, he teaches people who may want to invest in real estate the best way to go about it.
Although the membership price is not listed on the Academy website, reviews have shown that the membership price is up to $10,000.
Quick Facts About Manny Khoshbin
|Net Worth:||$ 100 Million|
|Full Name:||Manuchehr Khoshbin|
|Birthday:||January 14, 1971|
|Wife||Leyla Milani Khoshbin|
|Kids Name:||Priscilla Khoshbin and Enzo Khoshbin|
|Siblings:||Three. Name undisclosed|
|Social Media Accounts:||YouTube, Linkedin, Instagram, Facebook.|
Born in Iran on 14 January 1971, Manny Khoshbin and his family migrated to the United States when he was 14. He is from a Muslim family.
On getting to the United States, Manny got into West Maine High School, Chicago.
After high school, Manny enrolled in college but dropped out after two weeks.
In an interview, the Youtuber said his reason for dropping out of school to go into business was to make money faster. At 16, Manny got a cleaning and cart collecting role at K-Mart. After working there for a while, he moved to a sales job role.
His first business venture was in his last year in high school. Manny started bulk-buying food and reselling it to people door to door.
However, he had to close down the business because he didn’t have the required permit and could not afford it.
Before entering the real estate industry, Manny Khoshbin tried his hand at several other businesses. One such business was the purchase of a gas station.
The investment move didn’t go as planned, and the entrepreneur lost all his investments and became bankrupt. After working in a mortgage company for some time, Manny became a licensed real estate agent in 1992.
He started with commercial real estate, buying properties owned by banks in distress. He penetrated the real estate market and made a profit from the business before finally setting up the Khoshbin Company in 2004.
The Khoshbin Company has, over time, become one of the major players in the real estate industry in the United States.
Aside from real estate, Manny is a social media influencer and supercar collector. He uses his social media platforms to showcase his superior taste in cars.
The influencer has also written some books, including his book on building a real estate business. He titled the book “Manny Khoshbin’s Contrarian PlayBook: How to Build Your $100 Million Real Estate Portfolio From the Ground Up.”
Investments and Endorsements
Aside from his stake in his real estate company, Manny also invested in some startups.
The Iranian businessman is also known for his love for his luxury car collections. In an interview, Manny explained that his cars are part of his investments.
Manny’s exquisite car collections have not gone unnoticed. During the Rodeo Drive Concours d’Elegance, organized to celebrate father’s day in Beverly Hills, Manny won the most fashionable car award.
Aside from this, Manny has yet to receive any other award.
Manny is married to Leyla Milani, who is an American actress with Iranian roots. The lovebirds connected through social media in 2009 and tied the knot in 2011.
The couple has two children. Their daughter’s name is Pricilla Khoshbin, while the son’s name is Enzo Khoshbin.
Manny has several properties in the US and some in Iran, including his house in California, where he lives with his family.
The influencer is also famous for his exotic car collections, with an estimated value of $30 million. Some of the cars in his garage include a Bentley Continental, different models of Bugatti, and Rolls Royce.
Manny Khoshbin is a typical example of a grass-to-grace story. He was not from a wealthy family but managed to break into wealth.
His journey to wealth has been an inspiration to many. With his company doing so well in real estate and the great potential that the industry has, his net worth can only keep increasing.
#1. Who Are Manny Khoshbin’s Parents?
Little information is known about Manny Khoshbin’s parents. They are Iranians who migrated to the US with their four children in search of greener pastures.
#2. When Did Manny Khoshbin Make His First Million?
Manny Khoshbin made his first million at 29 through a property flip. He then went on to invest the money into buying more properties.
#3. Which College Did Manny Khoshbin Attend?
Manny Khoshbin dropped out of college after two weeks of getting enrolled. He wanted to make money faster and opted for business instead of a college education.
#4. Does Manny Khoshbin Have a Private Jet?
Manny Khoshbin does not have a private jet. The influencer has clarified that he cares more about flying on the ground than in the air.
#5. How Many Rolls Royces Does Manny Khoshbin Have?
Manny Khoshbin has 5 Rolls Royce, alongside other models in his collections.