This post is about Masoud Shojaee Net Worth and also about Masoud Shojaee Biography. Masoud Shojaee is a highly influential figure in the Miami real estate scene.
Masoud is actively engaged in the development of different properties. This includes high-rise apartment condos as well as commercial buildings.
Introduction of Masoud Shojaee
One prominent figure in the industry is Masoud Shojaee. Known for his prolific presence in the Miami real estate scene, Shojaee has spearheaded numerous property developments.
These developments range from high-rise apartment condos to commercial buildings.
Masoud Shojaee Early Life
Masoud Shojaee was born in Tehran, Iran, on August 3, 1959. His father was a successful businessman. He owned a construction company that secured government contracts for various projects. His parents’ names are not known.
Masoud Shojaee Education
Having completed his primary and secondary education in his home country, Shojaee made the decision to study in the United States.
Although he initially considered attending UCLA, he was convinced by his friends to enroll at the University of Miami. There, he focused on electrical engineering.
This academic pursuit motivated Shojaee to further his education, leading to his successful attainment of a master’s degree.
He also undertook additional coursework towards a Ph.D. After completing his studies, Shojaee made the deliberate choice to settle down in Miami.
Masoud Shojaee Career
When Shojaee moved to the US, he brought a significant amount of money to support himself. Additionally, he received additional funds when his father retired.
Recognizing the favorable market conditions during the US savings and loans crisis, Shojaee decided to invest in real estate.
He partnered with A&F Developer for their first project, a 48-home property. The project was a success, with all units being sold. This led to their second project, consisting of 58 lots.
Shoma Group Development
After early triumphs, Shojaee founded his own real estate company, Shoma Development, in 1988.
Initially, the focus was on mid-range properties like single-family homes and townhouses, which proved successful. In 2007, Shoma Development shifted to constructing luxury homes, adapting to changing market trends.
They expanded operations to Palm Beach, Broward, and other parts of South Florida. Shoma ventured into developing office buildings and commercial properties.
Today, as Shoma Group, it is a prominent real estate development company in South Florida. Shojaee leads as CEO and chairman of the board of directors.
In addition to his real estate ventures, Shojaee has also explored opportunities in the aviation industry. In 2003, Shozai entered into the business of buying and selling helicopters and planes.
The venture surprisingly thrived, even amidst the difficulties of the 2008 economic crisis. While Shojaee occasionally participates in aircraft transactions, his main focus is on his prosperous real estate empire.
Masoud Shojaee Bio
Masoud Shojaee Personal Life
Shojaee is currently married to Stephanie Shojaee, previously known as Stephanie Mejia. Stephanie is an executive in the real estate industry and currently serves as the president of Shoma Group.
Stephanie is Shojaee’s second wife, his first being Maria Lamas. They married in 1984 and co-founded the Shoma Group.
However, after three decades of marriage, Maria filed for divorce, resulting in a contentious legal dispute. The specific reason for their split remains undisclosed.
Shojaee has two daughters, Anelise Shojaee (31 years old) and Lilibet Shojaee (28 years old). Both daughters are from his first marriage to Maria Lamas.
Both daughters are actively involved in the operations of Shoma Group alongside their father.
Masoud Shojaee Net Worth and Masoud Shojaee Bio-Data
|Real Name/Full Name||Masoud Shojaee|
|Date Of Birth||August 3, 1959|
|Age||63 years old|
|Birth Place||Tehran, Iran|
|Parents Name||Father – NA|
Mother – NA
|Height||6 feet 1 inches (185 cm)|
|Ex-Wife Name||Maria Lamas|
|Wife Name||Stephanie Shojaee|
|Children Name||Anelise Shojaee and Lilibet Shojaee|
|Profession||Real Estate Developer|
|Masoud Shojaee Net Worth||$5-6 Million|
Masoud Shojaee As A Public Figure – Social Media Influencer
|Social Media Site||Linked Destination|
|Masoud Shojaee Website||Click Here|
|Masoud Shojaee Facebook||Click Here|
|Masoud Shojaee Twitter||Click Here|
|Masoud Shojaee Instagram||Click Here|
|Masoud Shojaee Youtube||Click Here|
|Masoud Shojaee Linkedin||Click Here|
Masoud Shojaee Net Worth
As the CEO and co-owner of Shoma Group, Shojaee’s earnings are substantial. The company generates annual revenue of up to $250 million. As of 2023, Masoud Shojaee net worth is approximately $5-6 million.
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FAQ – Masoud Shojaee Net Worth
What is Masoud Shojaee’s net worth?
Masoud Shojaee’s net worth is estimated at $5-6 million.
How old is Masoud Shojaee?
Masoud Shojaee is 63 years old.
What is Masoud Shojaee’s date of birth?
Masoud Shojaee’s date of birth is August 3, 1959.