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In April 2022, Shoma bought a development site for $220 million. Notify me of follow-up comments by email. The Shoma Group is a real estate development company based in Miami specializing in commercial and residential projects. masoud shojaee's net worth. Within several months of Masouds arrival in the US, the revolution broke out in Iran, and he could no longer return home safely. According to federal campaign-finance reports, Masoud Shojaee donated $10,000 to the state Republican Party in 2004. She has accrued thousands of followers on Instagram. (Stephanie Shojaee age) How old is Steph Shojaee? He is a Venezuelan professional baseball player. Now, Miami, a thriving South Florida market, has transformed into an exciting city with a banking center and an industrial center, cruise lines and many great things to experience, Masoud said. The Iranian Revolution began in 1978, prompting Masoud to leave his home country for college in the United States. For his offensive comments, he was summoned to Ethics Committee of theFootball Federation Islamic Republic of Iran. The Iranian immigrant who arrived in the United States with some seed money from his father and a dream to make his family proud, graduated from the University of Miami and made his mark on Florida real estate. Stephanie Shojaee Career. Tuko.co.ke shared an interesting article about Miguel Cabrera. Holland & Knight could not resist patting itself on the back for the win. Masoud is listed as the company's president; his wife is Shoma's secretary (she is the daughter of Jos Lamas, founder of Medley-based Aljoma Lumber). On 18th December 2021 , Her husband Masoud Shojaee Gifted her a Private Jet. Masoud is currently married to Stephanie Mejia Shojaee, a former Chief Marketing Officer of Stephanie Shoma Group, who most recently served as the companys president. 02/08/22 AT 2:02 PM EST. Masoud Shojaee His Current Net Worth is Valued at $61 Billion. The Miami-based developer bought a 2.5-acre lot, currently home to Deel Volvo, for $34 million. He was still under 30 when he founded the Shoma Group in 1988. Stephanie extended her fan base on social media platforms, especially on Instagram. Masoud Shojaees goal from the very beginning of Shomas creation was to create value in every development and his approach has paid off. Shojaee earned a degree in electrical engineering and then pursued his Ph.D. Just a decade after arriving in the United States as an exile, Masoud Shojaee had turned his life around. He chose to invest in real estate industry. He has an estimated net worth of $100 million. Mejia may have been ultra-successful in the corporate world, but she had come from humble beginnings as the daughter of Colombian immigrants. Then, he decided to invest in the real estate industry. Masoud Shojaee is best known as the CEO of Shoma Group. While with AEK Athens, he reportedly made an annual salary above 50,000 from the club with weekly salary being around 1K. CAKEGATE 2023: Bad Bunny's Restaurant Accused of Gobbling Birthday Girl's Cake, Neighborhood Nazi Jon Minadeo Peddles Hate by the Minute, Gator Gets in on the Action at Tampa Bay Horse Race, Sen. Rubio's Permanent Daylight Savings Bill Sees Light of Day Once More, NFL Legend Ray Lewis Joins World Jai-Alai League Board of Directors, Affordable New "Micro-Units" Slated for Little River, Edgewater. As a Christmas gift, the photo of which, Stephanie shared on her Instagram account and Masoud received a lot of praise from his fans for being a romantic gentleman. Follow. Currently Masoud Shojaee net worth is around $5-6 million. Posts. The pair were married in 1986, and Maria co-founded the Shoma Group with him. Mr. Masoud Shojaee applies his vision and extensive knowledge of high-quality, development and construction to the diverse and growing South Florida real estate market. He attended the University of Miami. Cabrera debuted in 2003 and is a two-time American League Most Valuable Player. Shattering glass ceilings since she entered Shoma Group as Chief Marketing Officer (CMO) in 2013, Stephanie Shojaee's promotion to president of the multi-billion-dollar Miami development company adds some much-needed representation for women and the Latin community in top-level executive leadership positions. $1 million USD. . His reputation for building quality homes and environments has resulted in people asking to purchase Shoma developed projects whenever they become available. Real estate agent based in Miami, Masoud Shojaee, has wowed women after gifting his wife Steph a private jet In a video that has gone viral, the billionaire opens the door for blindfolded Steph, walks onto a red mat which is written her name, before removing the scarf covering her eyes The home was built in 2003 and the property was acquired a few years before that, in October 2000, for $1.56 million, according to public records. masoud shojaee wedding. He has been developing many properties, from high-rise apartment condos to commercial buildings. Initially, the company focused on developing mid-range priced properties, such as mostly single-family homes and townhouses. [5][6], By 1992, Shoma had completed a number of projects, secured permission to construct 1,000 houses on 220 acres at Tamiami Estates, one of South Florida's largest developments, and established itself as a major participant in the region's real estate market. Image . Alone and isolated from his family, an 18-year-old Masoud was exiled from his home and unsure of what to do next. Masoud's net worth is greater than $499,999; and makes between $250K+ a year. They work with their father at the Shoma Group. This project was successful and completely sold, leading to a second 58 lot development project. Unfortunately, there is no exact figure of Masoud Shojaee's salary. Once I stayed here in Miami, it felt like home; now my kids have Masters Degrees from UM as well said Shojaee. Mr. Shojaee used Shoma to guarantee loans for Masmar, a business that he and his wife owned separately from her family. [1][2] Masoud Shojaee was awarded with Future Sharks entrepreneur of the year award in 2018 . Masoud Shojaee is the CEO and president of the Shoma Group, a construction company in South Florida. She came into the spotlight after her marriage to billionaire Masoud Shojaee. Masouds father owned a successful construction company with more than 400 employees. 465k Followers, 138 Following, 277 Posts - See Instagram photos and videos from Stephanie Shojaee (@stephshojaee) stephshojaee. Opinions expressed by Forbes Contributors are their own. Therefore, Masoud Shojaee has an estimated net worth of $100 million. Since establishing Shoma in 1988, Masoud Shojaee has constructed over 65 complexes totaling more than 1 million square feet of retail and office space, more than 10,000 residential units, and a total of $5 billion in completed real estate deals. "Once I stayed here in Miami, it felt like home; now my kids have Master's Degrees from UM as well" said Shojaee. Show More Posts . He is the first baseman and designated hitter for the Detroit Tigers of the Major League Baseball. Finally, Mr. Shojaee took a business opportunity away from Shoma when he chose to build a real estate project on Shoma land using one of his personally owned companies. Who is Masoud Shojaee? He, a real estate mogul in his own right, came to the United States, his family now back in Iran. Then, American clubs in the MLB came calling, allowing Cabrera to sign his first professional contract at 16. Masoud Shojaee has built thousands of residential and commercial units in South Florida and has built a substantial real estate empire. Image Credit - Instagram. local news and culture. She arrived to brand new limelight when i-oriented billionaire Masoud Shojaee. Masoud Shojaei is enjoying his life and spending his earning to travel and dine in the most expensive places and restaurant to indicate his lavish lifestyle. This wife was Stephanie Shojaee (ne Mejia), his companys Chief Marketing Officer. Where is he from? Enter your email address to subscribe to this blog and receive notifications of new posts by email. What is Masoud Shojaees net worth? Mr. Shojaee made a personal pledge to the University of Miami for $1.5 million, and in exchange for this donation the university was going to name a [*5] facility after Mr. Shojaee. Updated: Miamis $800M signature bridge project chosen amid major controversy. The real estate mogul has two daughters, Anelise Shojaee (31 years) and Lilibet Shojaee (28 years). Masoud isnt one to give up easilyin business or in love. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. Back around the turn of the millennium, Aljoma Lumber, under the leadership of his son Jose Antonio Lamas, was not exactly getting kudos as a model employer. Shojaee is a real estate developer. This, the company started developing office buildings and other commercial properties. He was born in Tehran, Iran, but moved to the United States for his college before settling in the country permanently. She is a white, not hispanic female registered to vote in Miami-Dade County. For the last 11 years, she worked as the CEO of Shoma Group, an award-winning real estate company specializing in residential and commercial projects. Shojaee, who is widely regarded as the "King of Doral," played a significant role in the growth of the city by being one of the first to recognise and invest in it when it was still a warehouse district in the 1990s and early 2000s. Shoma Group Sells Sanctuary at Doral 226-Unit Multifamily For $102.5 Million October 18, 2021 The Coral Gables-based Shoma Group, led by Masoud and Stephanie Shojaee, have sold their recently completed Sanctuary at Doral multifamily apartment building for $102.5 million to the Denver-based Avanti Group. Stephanie Shojaee is an American entrepreneur and social media personality. independent local journalism in Miami. Masoud Shojaee, president of award-winning Miami real estate development company, Shoma Group, has just listed his Coral Gables estate for $15.9 million. Over the next three decades, it would grow exponentially, to include apartment buildings, commercial real estate, and retail space across the region. Shojaee lives in Coral Gables, in Miami-Dade County, Florida. On 3 August 1959, Masoud Shojaee was born in Tehran, Iran. However, his friends convinced him to attend the University of Miami, where he pursued a degree in electrical engineering. I focus on the tax issues of individuals, businesses & more, Beyoncs World Tour And Millennial 401(k)s Is A Teachable Moment, Senators Propose Significant Charitable Deduction For Non-Itemizers, Name, Image And Likeness: After The Gold Rush, 8 Lessons For George Harrisons 80th Birthday, Shipwrecked Whiskey May Be Worth $871 Million And The IRS Taxes It, How Alex Murdaugh Opened The Door For Convictions On Financial And Tax Crime Charges, Name, Image And Likeness: That partner was Masoud Shojaees first wife, Maria Lamasthe daughter of Aljoma Lumber founder Jose Lamas. One of those persons is Stephanie Shojaee, wife of real estate guru, builder and businessman, Masoud Shojaee. Rather, he's determined to build the company further and continue expanding his empire. His net worth is estimated to be in the $100 million range. She started in the company's sales division before becoming the Chief Marketing Officer and, most recently, the president. He shows up as one of the backers of the 2009 coupthat ousted President Maneul Zelaya. He made his debut against Panetolikos F.C. As of 2019, Masoud Shojaei has an estimated net worth around $1 million, including his income and assets. Her Instagram account is full of high-end fashion and lifestyle, and travel photos. formerly Maria Shojaee, is the ex-wife of Masoud Shojaee, president and chairman of Shoma Group. The tactic worked, and the company became very successful. On today's weekly edition of "Mapped" on Curbed Miami we're taking a look at the most gigantic single family homes on the Miami market. He then joined UAE football club, Al Sharjah SC in 2006 and scored his first goal for the team against Emirates Club on October 3. She completed her education in a private college in the United States. Tax-Exempt NIL Collectives. Karolina Protsenko Net Worth 2023: Biography, Music Career & More Latest News. Pay attention: Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! [2023]. He is from Iran. Initially, the company focused on developing mid-range priced properties, mostly single-family homes and townhouses. He was also awarded the Future Sharks businessman of the year in 2018. Everything to know about Kendall Taylor. This page was last modified on 5 October 2022, at 14:51. ALSO CHECKOUT : Apostle John Eckhardt PDF Books , Wife , Age , Children And Full Biography. A post shared by Masoud Shojaee (@mrmasoudshojaee). Masoud Shojaee likes the finer things in lifebespoke suits, private jets, fancy cars, and international cuisine. That is not what was going on there in any sense. About his childhood growing up, not much is known. (Masoud and Maria) founded Shoma Group together, but they split up in 2015. On top of that, when his father retired, he sent more money, leaving him with a tidy sum that he could invest. Today it is one of South Florida's preeminent residential. Among their recent projects are Eleven on Lenox, a luxury townhome development in Miami Beach and CityPlace Doral, a massive mixed-use development in collaboration with The Related Group that encompasses 250,000 square feet of retail and restaurant space along with 700 rentals (tour here).