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“I Was Homeless… Now I’m Worth $250 Million”: How Manny Khoshbin Became A Millionaire In A Foreign Country

by Roman P. | | 4 min read

It is easy to look at someone born to a rich family and blame your misfortunes on your humble upbringing. But today we have a story for you, which will prove to you that anyone can achieve great success, even a young immigrant without any money, education, or even the knowledge of the language.

Starting from the rock bottom

Manny Khoshbin’s incredible journey, one characterized by strength, determination, and the embodiment of the American dream, began in the very difficult period in Iran marked by its war with Iraq. The challenges and hardships of the time, especially the threat of Manny’s conscription into the army at the young age of 14, led his father to make an important decision for the family’s safety: they would move to the United States.

Manny Khoshbin as a child

Upon their arrival in America, the reality of their new life was tough. Having encountered language barriers, as they didn’t speak English, and dealing with serious financial problems, the Khoshbin family was forced to adapt quickly. Manny had to attend ESL classes the first two years of school, just so that he could understand those around him. The family found themselves living out of a 1972 Datsun station wagon. This vehicle, meant for transportation, became their temporary home, shared among six family members.

Photo of a 1972 Datsun station wagon

Manny’s journey to success

Yet, even against this backdrop of adversity, Manny’s drive for success remained unwavering. While his parents had hopes of him pursuing higher education, Manny’s time at college lasted only two weeks before he recognized that the traditional academic route wasn incompatible with his vision of success. This realization steered him towards the challenging world of business.

Photo of young Manny Khoshbin wearing a suit

Manny’s first steps

At the beginning, he tried to sell nuts from one house to another. At first, it looked good. But he had to stop because of some rules. Apparently, young Manny didn’t realize you can’t just sell food to people without any health checks.

First setbacks on the path to success

Manny then used $20,000 of his savings for a gas station venture in partnership with a friend. But all hope disappeared when this business revealed itself as a scam, leading to the loss of his entire investment. Being from an immigrant family, during the war between the US and Iraq, Manny also suffered from discrimination and prejudice.

Exploring different markets

Manny didn’t give up after problems. He started working in the home loan business. He did very well there and earned $290,000 in his first year when he was just 22. Manny then opened a store called 79 Cents Plus. It did good at first, but later faced challenges from other stores. Manny still wanted to learn and succeed. He tried stock trading and smartly made $700,000.

Photo of young Manny Khoshbin wearing a shirt and tie

First encounter with real estate

However, the world of real estate was where Manny’s star would shine the brightest. Starting with the purchase of a shopping center and two REO homes, he slowly built his empire. With time and patience, he closed deals worth nine figures. His biggest achievement was a huge profit of $50 million from a single property deal.

What Manny’s story can teach us


Throughout his journey, Manny’s background as an immigrant both shaped and fueled his path. He faced many obstacles, like learning the English language, poverty and discrimination. Rather than allowing these challenges to slow down his progress, he used them as stepping stones, converting every negative experience into motivation. Manny’s success, he believes, was not just a result of his passion but also his curiosity. Always wanting new knowledge, he consistently turned to various resources, to be informed and ahead of industry trends.

Today, with a net worth of $250 million, a real estate portfolio that stands as a testament to his mastership in the industry, a large collection of some of the rarest cars in the world, and a huge social media following, Manny Khoshbin is an inspiration to many. His story, from living inside a station wagon to the peak of real estate success, serves as a good reminder of the many opportunities that await those who try their best, learn, and adapt, regardless of their starting point.

Start your journey to millions with Sellvia

You may think you’ve alse been dealt a bad hand in life, but that shouldn’t stop you from achieving success. With Sellvia, you can start your own ecommerce business from scratch with zero investments and begin earning right away!

Sellvia is an ecommerce platform that offers you a 14-day free trial which you can use to get a turnkey custom online store and drive it to success with no knowledge or experience.

With Sellvia, you gain access to a vast catalog of high-margin products you can sell to customers all over the world.

And if you don’t have any prior experience with ecommerce — you have nothing to fear! Sellvia, provides you with assistance on every step, so you’re not alone on your way to success!

So what are you waiting for? Sign up to Sellvia today and earn big! Anyone can become a millionaire, even a penniless man in a foreign country, and you are no exception!

by Roman P.
As a copywriter at Sellvia, Roman helps aspiring ecommerce entrepreneurs around the world learn how to launch and grow their online businesses. He has a degree in economics, which gives him an edge in understanding the ecommerce industry. Roman creates engaging and informative content that empowers people to achieve their full potential.
Alberto Salebe October 31, 2023 13:58:52

I already have a store with you but like to get tips to improve it
Thank you

Artemis K. November 1, 2023 10:32:15

Hi, thank you for your interest!
Feel free to book a call from our business advisors willing to give you details — https://sellvia.com/start-your-business-quickly/

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