Manny Khoshbin has found great success in the fields of real estate investing, business, writing, and coaching. He has some of the world’s rarest and most costly cars. As of 2023, Manny Khoshbin’s net worth is projected at $250 million.
Manny Khoshbin’s Net Worth
Manny Khoshbin’s wealth comes from his 2.5 million square feet of commercial buildings throughout the US. He is the president and CEO of The Khoshbin Company, a private real estate corporation that buys distressed and bank-owned buildings. Manny Khoshbin makes money via his real estate investment and business classes, books, and social media platforms.
Biography and Career Overview
Manny Khoshbin was born in Tehran, Iran, in 1971. At 14, his family moved to the US. Language, cultural, and economic issues plagued him as a new immigrant. To support his family and follow his aspirations, he began working early. He attempted to purchase a gas station, sold used things at swap meetings, pushed carts at Kmart, and sold nuts and candy door-to-door. He failed at all of them.
Manny Khoshbin got his real estate license in 1992 and started working as a mortgage loan officer. Within six months, he formed his own mortgage and realty firm and invested in distressed and bank-owned homes. He mastered the real estate industry and established his own methods to discover successful purchases. Office buildings, retail complexes, industrial warehouses, and hotels were added to his portfolio over time.
As a youngster, Manny Khoshbin loved vehicles. At 16, he acquired a 1977 Toyota Celica GT. Lamborghini, Ferrari, Bugatti, Pagani, McLaren, Rolls-Royce, and Mercedes-Benz were his next automobiles. He has one of the world’s most outstanding automotive collections, including rare and special models. Among his noteworthy cars:
- The Pagani Huayra Hermes Edition: A one-of-a-kind hypercar that was customized by the famous French luxury brand Hermes. It features a hand-stitched leather interior, a custom luggage set, and a unique exterior design. It is valued at over $6 million.
- The Bugatti Veyron Mansory Linea Vincero: A limited edition supercar that was modified by the German tuning company Mansory. It has a carbon fiber body kit, gold accents, LED lights, and an upgraded engine. It is one of only three in the world and is worth over $3 million.
- The McLaren P1 GTR: A track-only version of the McLaren P1 hybrid supercar. It has a more powerful engine, lighter weight, improved aerodynamics, and racing features. It is one of only 58 in the world and is valued at over $4 million.
Personal Life and Assets
Manny Khoshbin and model Leyla Milani have two children. They live in a large mansion in California. Khoshbin supports various charities including Make-A-Wish, Children’s Hospital of Orange County, American Cancer Society, St. Jude Children’s Research Hospital, Autism Speaks, Operation Smile, The Salvation Army, Habitat for Humanity, Boys & Girls Clubs of America, Ronald McDonald House Charities, UNICEF, World Vision, and Save the Children.