Manny Khoshbin

Manny Khoshbin: Biography in Details

Who is Manny Khoshbin?

Manny Khoshbin is a famous real estate, President and CEO of The Khosbhin Company. He is recognized as one of the most successful names in the world of business.

Manny Khoshbin: Early Life and Education

Manny Khoshbin was born on 14th June 1971 to Iranian parents. He was born and raised in Iran until his parents migrated to the United States.

At the age of 14, he migrated to the United States with his parents. He had three siblings. He belongs of Iranian nationality.

The early days in the United States were challenging and full of difficulty for him. He didn’t know the English language and had no friends.

Manny Khoshbin had a tough upbringing as his family did not have any possessions by the time they got to America. However, he didn’t let his weakness stop him from chasing his goals.

He went to West Miner high school. While in high school, Manny started selling used goods at swap meets on the weekends to make a few bucks.

Manny Khoshbin graduated from high school in 1989 and then first worked at the K-Mart company where he worked as a cart pusher where he was responsible for collecting the shopping carts as well as cleaning them. He got $3.15 per hour on the job.

The career of Manny Khoshbin as a businessman

At a young age, Manny Khoshbin started looking for job opportunities and found a multi-level marketing firm selling bags of nuts and candies door-to-door.

In the first two months of his job, he became the highest-earning salesman in the company.

He was 18 years old when he started his own business. While he was shopping at Price Club (now Costco) with his father, Manny realized all the goods he was selling were sold in bulk for much cheaper than what his employer was charging him.

He then opened a small office and purchased a full pallet of nuts and candies along with polyester bags, labels, a scale, and a sealer.

Manny Khoshbin was doing well by selling his nuts and candies to auto retail and service centers until he was forced to shut down because of notice by the health department regarding the packaging of the food products.

In 1991, at the age of 20, he got an opportunity to purchase a gas station with just a 10% down payment. The business deal was brought by one of his father’s friends who was a real state and a broker.

He jumped into the opportunity by investing his all savings. Unfortunately, the loan company offering the low down payment funding turned out to be a scam.

In 1992, Manny Khoshbin obtained his real estate license 1992. He began working for a mortgage company as a loan officer.

In 2004,  he started the Koshbin Company which climbed the ladder of success. It is well-known in the United States.

Now he is the CEO and president of The Khoshbin Company. He expanded his real estate business in seven states, with a total of 2.5 million square feet of area.

He has also written his book named Manny Khoshbin’s Contrarian PlayBook: How to Build Your $100 Million Real Estate Portfolio From the Ground Up, in 2011 where he shared his journey.

Net Worth and Salary

As of 2023, Manny Khoshbin’s net worth is around $80 million and is still growing. He lives a luxurious life. He has a passion for exotic supercars.

In 2019, he bought a $2.2 million Koenigsegg, the fastest street-legal car in the world which he owned just for five months.

Along with luxurious cars, he owns his private yachts and jets. He recently brought a $229 million, multi-level office building with two restaurants on the main floors.

Similarly, his wife Leyla Milani has a net worth of $750k in 2019.  She runs her hair extension line called Milani Hair. Most of her products range from $30-$299.

Social Media

Manny Khoshbin has around 1.8 million followers on his Instagram account which is also an important source of his income.

He runs a self-titled youtube channel with 1.07 million subscribers and he has over 399.6k followers on Facebook.

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Manny Khoshbin's Birthday Dates