Mauricio Umansky Net Worth: Luxury Real Estate Trailblazer

Mauricio Umansky is a prominent name in the luxury real estate industry. Though he is famous for being the husband to The Real Housewives of Beverly Hills’s cast Kyle Richards, his net worth says otherwise. The Mexican-American realtor has an impressive net worth of $100 million.

Would you like to know more about this impressive real estate agent cum reality star?

Who Is Mauricio Umansky?

Early Life and Career

Mauricio Umansky is a Mexican-American realtor born on June 25, 1970. He was born in Mexico City to Estella Sneider and Eduardo Umansky. His mother is a respected radio and TV personality. She is also a sex therapist, psychologist, and author.

Mauricio Umansky had a tough early childhood. He was diagnosed with neutropenia. Additionally, his younger sister was born when he was only one year old. His family moved to the United States when Umansky was six.

He attended the University of Southern California but did not graduate. He dropped out to focus on his entrepreneurial dreams.

Mauricio Umansky started his entrepreneurial career with a clothing line. The clothing company’s name was 90265, which he sold for a huge profit. Umansky entered the real estate industry at 26. He joined Hilton Hyland, a boutique firm co-owned by his brother-in-law, Rick Hilton. Umansky career started pretty well. His first deal was a property belonging to his wife’s ex-husband for $7.5 million.

He launched his real estate firm, The Agency, in 2011. The firm specializes in luxury properties in high-end neighborhoods. Such areas include Beverly Hills and Holmby Hills.

The company represents buyers and sellers of high-end luxury properties. It has over 37 offices worldwide, employing more than 650 sales agents. Umansky has overseen high-end sales. He facilitated the sale of the first-ever LA property to sell for over $100 million.

Mauricio Umansky is considered a top real estate agent in the United States. He constantly takes high spots in official rankings of real estate agents. Throughout its existence, The Agency has sold properties worth almost $5 billion.

In 2022, the Umanskys landed a deal with Netflix to star in a real estate series, Buying Beverly Hills: the show series stars Umansky and his daughters, Farrah Brittany and Alexia Umansky.

His impressive net worth is primarily thanks to these two careers, real estate, and reality TV.

Personal Life

Mauricio Umansky married Kyle Richards, a reality television star, in 1996. The two have three daughters, Alexia Umansky, Sophia Umansky, and Portia Umansky. Farrah Aldjufrie is Umansky’s stepdaughter. Her father is Kyle Richards’s ex-husband, Guraish Aldjufrie.

Kyle Richards is popular for the reality TV series, The Real Housewives of Beverly Hills. All her four daughters have appeared in the show. Umansky works with two of his daughters, Alexia and Farrah Aldjufrie. The two are also cast in the real estate series, Buying Beverly Hills.

Umansky’s mother is also a socialite who has appeared in The Real Housewives of Beverly Hills. His mother, Estella Sneider, gets along pretty well with Kyle Richards. She says Kyle has been a good wife to her son and a fabulous mother to her grandchildren.

Are Kyle and Mauricio Divorcing Recently?

Recently, the rumor was that the two TV stars were separating after more than 20 years of marriage. As it turned out, these lovebirds are not divorcing any time soon. In an August 3 joint Instagram post, the couple denied the rumors. They admitted to facing a rough year but denied getting divorced.

Take a Look at Kyle Richards and Mauricio Umansky SPLIT:

Best Real Estate Sales

Mauricio Umansky’s massive net worth was not built with small business deals. The real estate mogul has represented some noteworthy property deals across the globe. His best deal was the Play Boy Mansion, the first property in Los Angeles to cross the $100 million mark. He has also represented the Walt Disney Estate and the properties of Michael Jordan and Michael Jackson.

Awards Of Mauricio Umansky

On June 22 this year, Mauricio Umansky was awarded the Entrepreneur Of The Year Greater Los Angeles award by EY World Entrepreneur Of The Year. The program recognizes world leaders who have established and sustained dynamic businesses.

Under his leadership, The Agency has also received global recognition and awards. Among the most prestigious recognitions is the Los Angeles Business Journal. The Journal listed The Agency among the top residential brokerages in LA. The Agency has also appeared in high-profile publications like Forbes.

Establishing His Agency

Mauricio Umansky founded The Agency, a billion-dollar brokerage firm, in 2011. As the firm’s CEO, Umansky uses world-class technology to seal high-end property sales.

Since its establishment, the company has set out to build an industry-changing model. It has redefined the real estate business by fostering a unique culture of collaboration. The Agency has achieved almost $5 billion in property sales in its ten years of operation. Umansky holds the record of selling the most properties with over $20 million in price tags.

Properties of Mauricio Umansky’s

In 2011, Umasky and his wife, Kyle Richards, bought a $3 million mansion in the Bel-Air neighborhood of Los Angeles. They used the property mostly for filming The Real Housewives of Beverly Hills. They sold the mansion for $6.5 million in 2022.

In 2017, the couple acquired a home in Encino, California, for $8.2 million. They also own a $2.35 million property in La Quinta, California. They purchased this home in 2014.

How Does Mauricio Umansky Make Money?

Mauricio Umansky began his business career in his early 20s with a clothing line called 90265. The company grew rather quickly, allowing him to sell it for a significant profit. He shifted to real estate at 26.

Most of Umansky’s money comes from his real estate brokerage business. He started at his brother-in-law’s firm, Hilton Hyland. His first sale here was a property belonging to his wife’s ex-husband. He sealed the sale at $7.5 million.

He founded his company, The Agency, in 2011. His firm has become a household name in American luxury real estate. It holds the most sales for properties above $20 million and closed deals amounting to almost $5 billion.

How Does Mauricio Spend His Wealth?

Besides living an expensive life with his wife, Kyle Richards, Umansky is also an active philanthropist. His company is involved in many charitable activities. These include supporting The Children’s Hospital of Los Angeles and Habitat for Humanity. He uses his impressive net worth to improve his community.

FAQs

Conclusion

Mauricio Umansky is a successful realtor who loves having his family around him. Besides his multiple appearances in his wife’s reality TV series, he works with two of his daughters at his company, The Agency.

His extensive net worth of $100 million comes from his real estate and television careers. His career is characterized by outstanding performance. He holds the record of selling the most properties priced above $20 million.

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