Manny Khoshbin has become a well-known name in both the real estate industry and among luxury car enthusiasts. As the CEO of The Khoshbin Company, based in Orange County, California, and the author of Driven: The Never-Give-Up Roadmap to Massive Success, Khoshbin’s journey from immigrant to multimillionaire exemplifies the “American Dream.” His inspiring story of hard work, perseverance, and business acumen not only resonates with aspiring entrepreneurs but also with car lovers worldwide, thanks to his astonishing collection of rare and exotic vehicles.
In this article, we’ll explore Khoshbin’s rise from a challenging early life to creating a real estate empire, as well as the key factors behind his success and how his love for luxury cars has become a well-known aspect of his public persona.
Early Life and Struggles: A Humble Beginning
Born on January 14, 1971, in Iran, Manny Khoshbin and his family moved to the United States when he was 14 years old, escaping the political turmoil in his home country. Like many immigrant families, they faced tough challenges upon arriving in America. The family had very little money and lived in their car for a short period while Khoshbin’s father searched for work.
Eventually settling in California, Manny attended West Maine High School in Chicago. However, life remained difficult, and Manny had to start working at an early age to support his family. At just 16 years old, he took his first job at K-Mart, earning $3.15 an hour, sweeping floors and collecting carts. This experience instilled in him a strong work ethic and a desire for financial independence.
First Ventures and Early Setbacks
Even at a young age, Manny exhibited an entrepreneurial spirit. While still in high school, he recognized a business opportunity when he started selling goods door-to-door. Buying bulk food items like nuts and sweets, he attempted to sell them directly to customers. However, his first business venture came to an abrupt end when a health inspector informed him that he needed a special license to operate, something Manny couldn’t afford at the time.
Undeterred by the setback, Khoshbin continued seeking opportunities to make money. In his early 20s, he decided to invest all his savings into a gas station venture, encouraged by his father’s friends. Unfortunately, this too ended in failure when it turned out to be a scam, causing Manny to lose all his investments.
It was a crushing blow, but this experience taught him invaluable lessons about risk management and due diligence, lessons that would prove crucial in his future career.
Entering the Real Estate Industry: A Path to Success
After his gas station investment failed, Manny found himself broke and unemployed. With few options, he decided to take a job as a loan officer at a mortgage company. Although it was a temporary role, it exposed him to the world of real estate, which would eventually become his path to success. After six months, he obtained his real estate license in 1992 and began working in commercial real estate, buying and selling properties that had been foreclosed by banks.
Khoshbin quickly realized the potential of real estate investments, especially those involving distressed properties, which he could buy at a discount and sell for a profit. His real estate acumen helped him establish The Khoshbin Company in 2004, which has since grown into a massive real estate empire managing over 2.5 million square feet of commercial real estate across seven U.S. states.
His ability to turn foreclosed properties into profitable assets played a significant role in his rise to wealth. Over the years, he has privately bought and sold more than $1 billion worth of real estate without external investors, making him one of the most successful self-made real estate moguls in the country.
Manny Khoshbin’s Net Worth and Business Success
Today, Manny Khoshbin’s net worth is estimated to be around $200 million (as of June 2023). His fortune comes largely from his thriving real estate business, but he has also expanded his brand into other areas, such as social media and content creation.
With over 1.5 million subscribers on YouTube and millions of followers on Instagram, Manny shares his success stories, luxury lifestyle, and business insights with a global audience. His social media channels have become a valuable platform where he showcases his impressive collection of cars, discusses real estate investments, and inspires others to achieve success. His social media presence has not only boosted his public profile but also contributed to his wealth through brand partnerships, sponsorships, and advertising revenue.
Manny’s Incredible Car Collection: A Passion for Luxury
One of the most notable aspects of Manny Khoshbin’s public persona is his incredible car collection, which is valued at over $30 million. His love for exotic, rare, and high-performance vehicles has made him a sensation among car enthusiasts. Manny’s collection features some of the world’s most expensive and exclusive cars, many of which are custom-built or limited-edition models.
Some of the crown jewels of his collection include:
- Bugatti Veyron (x2)
- Hermes Bugatti (a special collaboration between Bugatti and Hermès)
- Koenigsegg Agera RS
- Pagani Huayra Hermes Edition
- McLaren P1
- McLaren Speedtail
- Mercedes-AMG ONE
- Porsche Carrera GT
- Rolls-Royce Phantom Drophead
- Mercedes SLR McLaren (9 in total)
His passion for cars extends beyond ownership; Manny enjoys sharing his vehicles with his fans through detailed YouTube videos and Instagram posts. His dedication to curating one of the most impressive collections of exotic cars in the world has earned him significant recognition in the automotive community. In fact, he won the Most Fashionable Car Award at the Rodeo Drive Concours d’Elegance in Beverly Hills, a prestigious event celebrating rare and unique cars.
Manny Khoshbin’s Real Estate and Mansions
Khoshbin’s taste for luxury extends beyond cars—he has also invested in stunning real estate properties. His former residence in Newport Coast, California, is a testament to his opulent lifestyle. The 13,532-square-foot mansion, valued at over $30 million, features seven bedrooms, nine bathrooms, a wine cellar, a home theater, and a 16-car subterranean garage.
In recent years, Manny moved into a new property, a 70,000-square-foot former church. This mansion is designed to reflect his unique tastes, complete with a hypercar garage and a private go-kart track.
Author and Mentor: Sharing the Secrets to Success
In addition to his business ventures, Khoshbin is an author and a mentor to aspiring entrepreneurs. His book, Driven: The Never-Give-Up Roadmap to Massive Success (published by Entrepreneur Press in 2018), provides readers with valuable insights into achieving success in business and life. He has also written Manny Khoshbin’s Contrarian Playbook: How to Build Your $100 Million Real Estate Portfolio from the Ground Up, in which he shares his strategies for building wealth through real estate.
Khoshbin’s Contrarian Academy serves as an educational platform where he teaches others how to succeed in real estate. The academy offers courses and mentorship to those looking to replicate Manny’s success, and although the membership fees aren’t publicly listed, reports suggest that they can reach up to $10,000.
Manny Khoshbin’s Family Life
Khoshbin is married to Leyla Milani, an actress, model, and businesswoman. Leyla gained fame as one of the models on the popular TV show Deal or No Deal and has appeared in various films and television series, including Curb Your Enthusiasm, Entourage, and The Tonight Show with Jay Leno. Together, the couple has two children: a daughter, Pricilla Khoshbin, and a son, Enzo Khoshbin.
Despite his busy business schedule, Manny is a dedicated family man, often sharing glimpses of his life with his family on social media.
Conclusion: A True Rags-to-Riches Story
Manny Khoshbin’s journey from living in a car to becoming a multimillionaire real estate mogul and luxury car collector is nothing short of inspirational. His relentless pursuit of success, combined with his entrepreneurial mindset and passion for cars, has made him a household name in both the real estate and automotive industries. Manny’s story proves that with hard work, resilience, and smart investments, anyone can achieve their dreams, no matter where they start.
