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Manny Khoshbin Net Worth: How Did Manny Khoshbin Get Rich?

As of 2022, Manny Khoshbin, an Iranian businessman, YouTuber, real estate entrepreneur, and author, has a net worth of $80 million. Khoshbin is one of the most well-known and successful real estate businessmen in the United States. He has started many other businesses and has become a famous business person in the United States.

He started working in the business when he was a teenager, and over the years, he grew into a top-notch real estate agent who has several groups working for him. Aside from that, he worked when he was young, but he soon switched to business to make sure he could realize his dream of building a big company.

Manny Khoshbin is an Iranian-American businessman, author, and real estate, mogul. He is the president and CEO of The Khoshbin Company, which is based in Orange County, California. Driven: The Never-Give-Up Roadmap to Huge Success is another book by Khoshbin (Entrepreneur Press, 2018).

Early Years

On January 14, 1971, Manny Khoshbin was born in Iran. When his family moved from Iran to the United States, he was 14 years old. After moving to this new country, the family didn’t have any money, so Khoshbin and his four siblings lived in a car until their father got a job.

Personal Life

Manny Khoshbin got married to Leyla Milani in June 2011. Together, they have two kids. During the 2005 World Wrestling Entertainment Diva Quest, his wife Leyla became well-known. She had to fight against other women wrestlers who also wanted to join the WWE. From then on, she started to be in WWE Raw commercials.

Soon, she stopped wrestling and started modeling for the popular show “Deal or No Deal” for the next four years. Leyla has been on many TV shows, including Curb Your Enthusiasm, in addition to the modeling show.

In 2012, they had a son named Enzo, who was their first child. In the second half of 2016, they had a daughter named Priscilla.

Career

Manny got his first job at K-Mart when he was 16. He pushed carts and cleaned floors for $3.15 an hour. After a year of sweeping the floors at K-Mart, Manny was given the job of assistant manager of sporting goods. Even though that was great, he wanted to build something much bigger.

After a few months, he quit his job and went to work for a multi-national marketing company, where he sold different snacks door to door. Within the first two months, he had made more money for the company than any other salesperson. Even he found a way to cut costs so he could make more money.

Khoshbin started his own business when he was 18 and in his last year of high school. He had a lot of experience by that point. He had his own business and ran a small warehouse. He bought products cheaply and sold them for a profit. But because of health codes, his business had to close.

He didn’t waste any time and went to work for a tire shop right away. After a year as an assistant manager, he left to start his own business.

In 1991, Khoshbin made a deal with a friend of his father’s to buy a gas station with as little as 10% down. He took advantage of the chance and put all of his money and savings into the business, but the contract with the gas station turned out to be a scam. Then he only left a bank account behind.

Manny decided to start a new real estate business in 1992 and got his license.

After that, Manny got a job as a loan officer at a mortgage company, where he worked for only six months before getting his real estate license. After he got that license, he started a mortgage and real estate business and started investing in homes that were in bad shape or owned by banks.

That was the turning point in his career, which put him in the spotlight and made it so everyone in the real estate firm knew who he was. Over time, his wealth grew a lot, and many other businesses started asking him to work for them.
The Coch Ben Group now owns about 2.2 million square feet of business property in 6 states. He has been in the commercial real estate business for a long time and has bought and sold properties worth more than $450 million.

He didn’t just invest in real estate; he also put money into many other businesses. He also wrote a book called “Manny Khoshbin’s Contrarian PlayBook: How to Build Your $100 Million Real Estate Portfolio From the Ground Up,” which came out in 2011.

Then, Khoshbin wrote two more books, including “Driven: The Never-Give-Up Roadmap to Massive Success” in 2018 and “Driven LIB/e: The Never-Give-Up Roadmap to Massive Success Manny Khoshbin” in 2022.

Manny Khoshbin Net Worth

Manny Khoshbin’s estimated net worth in 2022 is around $80 million. This makes him one of the wealthiest real estate businesspeople in the United States. Most of his money comes from the real estate business, where he has already made a huge amount of money.

He also makes money from other things, like writing books and running a YouTube channel. Khoshbin has gotten more than 1.5 million subscribers to his YouTube channel, where he posts tours of his garage and shows how he lives in style.

How Did Manny Khoshbin Get Rich?

Manny Khoshbin is the perfect example of someone who went from working for the minimum wage to living the “American dream.”

When Khoshbins was 14, he and his four siblings moved to the United States to get away from the war going on in their home country. When they got to America, they had to live in a car until their father could get a job and find a place for them to stay.

Manny started working at Kmart when he was 16 years old. He was paid $3.15 an hour to pick up carts and mop the floors. He got a job selling candy and nuts door-to-door but soon realized he could do it himself and make more money.

 

So, Khoshbin started his first business during his senior year of high school. He bought food in bulk and sold it door-to-door. But when a health inspector told him he needed a permit he couldn’t afford, he had to shut it down.

At age 20, his father’s friends told him he should put all of his money into a gas station with just a 10% down payment. Manny wanted to make money, so he put all of his money into the project. Soon, he realized it was a scam, and he lost everything.

Khoshbin took a job as a loan officer at a mortgage company because he had no money and no job. After only six months, Manny decided he needed a change. He got a real estate license and a few months later started a mortgage and real estate company. From there, he started to invest in homes that were in bad shape or were owned by banks.

After almost 30 years, Manny has used his own money to buy and sell over $1bn worth of a real estate.

His company, The Khoshbin Company, owns over 2.5 million square feet of commercial property in 7 states.

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