Manny Khoshbin Net Worth Growth: From Bankrupt to Multimillionaire

Manny Khoshbin is a real estate investor, business man, and educator. He owns the Khoshbin Company, which owns over 2.5 million ft² across the USA. Through his real estate business, Manny Khoshbin net worth has grown to $200 million. 
He now leverages his wealth to educate other real estate investors in his Contrarian Academy. He has also used his experience to write books to guide others on their journey to wealth through real estate investment. He has also written another book in which he describes his own lifestyle. Furthermore, he has popular social media accounts that describe his luxury lifestyle.

Profile Summary

The information below describes facts about Khoshbin’s life:

Birth and Background

Manny Khoshbin was born on January 14, 1971, in Iran. He spent his early life in his birth country until his family chose to leave for safety since Iran and Iraq were at war. First, they traveled to Turkey when he was 14. There, his father gained a US visa. After moving to the USA, his family had to live in a car.

Education

Though Khoshbin’s family was working-class, he managed to enter a college. Yet, he never earned a degree. After 2 weeks of classes, he opted to drop out of college instead. He dropped out to find a way to earn wealth, which was a dream he had for years. At the time, he estimated that college would not lead to earning wealth quickly. 

Early Employment

Khoshbin’s first employment was at a K-mart, when he was 16. His job entailed sweeping the floor for $3.15 per hour. Later, he worked as a door-to-door salesman, selling sweets and nuts for a company. Yet when he realized he could earn more by buying the products himself and keeping the profit, he quit.

First Businesses

Khoshbin began his entrepreneurial journey by bulk-buying sweets and nuts. He still sold them door-to-door. However, he had to close his business. A health inspector alerted him that he required an expensive license to continue operating.

Next, he bought a gas station, thinking it was a safe investment. He learned it was a hoax just after he invested all of his wealth.

Real Estate Investment

When Khoshbin went bankrupt, he chose to work as a loan officer. Barely 6 months later, he decided to enter the real estate business. In 1992, he received his real estate license. Then, he established Khoshbin Company in 2004. Through this company, Manny Khoshbin net worth increased to the millions he now has.

Contrarian Academy

Khoshbin founded the Contrarian Academy. This is an institution that offers educational programs for real estate investors with over $100,000 in liquid capital. Through their programs, investors learn how to grow their portfolio with commercial properties. By signing up for the society tier, investors can co-invest with Khoshbin, receive property reviews, and access in-person networking opportunities.

Social Media Growth

Through his various social media accounts, Khoshbin has become a social media influencer. His most popular social media account is on Instagram. There he has over 3 million followers. Meanwhile, on YouTube, he has over 1.6 million subscribers and on Facebook he has over 600,000 followers. On these platforms, he displays his luxury cars, private home, and cigar collection.

Books

Khoshbin has written two books on wealth growth. ‘Driven: The Never-Give-up Roadmap to Massive Success‘ describes how Manny Khoshbin net worth grew. Meanwhile, he explains how real estate investors can build their wealth in ‘Manny Khoshbin’s Contrarian Playbook: How to Build Your $100 Million Real Estate Portfolio from the Ground up‘.

Personal Life

Khoshbin married the Iranian-Canadian model Leyla Milani Khoshbin in 2011. She has made multiple appearances in shows and events, including as a briefcase model on ‘Deal or No Deal‘. Together, they have two children: Pricilla and Enzo. Though there is no official information on where they live as a family, Khoshbin owns multiple private homes in California and Nevada.

Interesting Facts about Manny Khoshbin

• When Khoshbin was 18, he only dreamed of earning $10 million in net worth. Yet he earned much more in just a few decades.
• Khosbin owns a collection of luxury cars and motorcycles. In total, his collection exceeds a value of $30 million.
• With his Bugatti Chiron Hermes, Khoshbin won the Most Fashionable Car Prize. He won this competition in 2022 at the Rodeo Drive Elegance Competition (Concour d’Élégance) in Beverly Hills.
• Khoshbin’s first car was a $5,000, 1983 Honda Accord. Before he could afford this car, he had to save 80% of his paycheck for a year.
• Since Khoshbin has often been called ‘contrarian’, he called his educational institution ‘Contrarian Academy’.

Disclaimer: The net worth figures and related details provided here are based on publicly available sources. These numbers are approximate and may not reflect the most current financial information, as values can change over time.