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Mauricio Umansky is the handsome other half of OG Real Housewives of Beverly Hills star Kyle Richards. (ICYMI: He's considered the "hottest househusband" in the entire franchise.) And Mauricio, 52, is often featured in episodes on the Bravo show alongside Kyle and their four daughters Farrah Aldjufrie (from Kyle's first marriage to Guraish Aldjufrie, another real estate mogul), Alexia Umansky, Sophia Umansky and Portia Umansky.
While Mauricio has taken a back seat to his wife's reality stardom, he's now set to star in a new Netflix show, Buying Beverly Hills, alongside daughters Farrah and Alexia. The show will center on his high-end real estate brokerage, The Agency, and it premieres on Friday, Nov. 4. This seriously sounds like RHOBH meets Selling Sunset, and I cannot wait.
Mauricio is a major entrepreneur that has worked hard to make his *hefty* fortune. So, now that you're getting an inside look at his company, here's everything you need to know about his net worth.
He was born in Mexico.
Mauricio attended the University of Southern California for college before dropping out to pursue a business venture, per the Los Angeles Business Journal. But he was actually born and raised in Mexico until he was six years old, when he moved to the United States, Bravo says.
Mauricio's dad was a clothing manufacturer; his mom, who had several degrees, worked as a psychologist, according to Ventura Blvd.
He started a clothing company after college.
Mauricio didn't actually start out in real estate. Instead, he got his first biz experience in the fashion world. After graduating from USC, he founded a clothing company called 90265. He also claims to have "started the fad of oversized T-shirts on girls wearing leggings," he shared with Worth. Mauricio sold the business when he was 26 years old.
His first real estate sale was worth $7.5 million.
Mauricio also told Worth that his first real estate job was at a boutique firm in Beverly Hills that is co-owned by his brother-in-law, Rick Hilton, called Hilton & Hyland.
"I earned over $200,000 in commissions. I became their number-one agent and was for eight or nine years straight. They had about 100 agents and I was doing 20 percent of their sales," Mauricio told the publication.
The numbers don't lie. Mauricio started out with a bang. "My wife’s ex-husband gave me the opportunity to sell his property in Brentwood. That was a $7.5 million sale," he told Worth. Casual!
Mauricio has run his own real estate firm for 11 years.
From there, he left and started his own company, The Agency, in 2011. LinkedIn says that Mauricio, the CEO, "leads a team responsible for representing buyers and sellers internationally with many of the world’s most distinguished architectural estates, new luxury developments, and design-centric homes."
It totally makes sense, then, that Buying Beverly Hills will be all about Mauricio's real estate business. And fun fact, he actually works there with his daughters Farrah and Alexia. The Agency has recently listed the homes of Norman Reedus and Diane Krueger, Finneas, and the Hemsworth brothers, according to People.
Mauricio told Worth that they're so successful because they divide the biz into three divisions: new developments, resales, and creative.
"The creative division also does marketing and branding for other luxury companies, like Lamborghini and Wheels Up. It is a revenue stream that nobody else in this industry has," he said.
Another impressive figure: Mauricio has achieved nearly $4 billion in real estate sales and holds the distinction of selling the most homes in the country priced above $20M, per his bio for The Agency. You've got to imagine the commission on all of that is...high.
His new reality show will probably rake in some dough.
Clearly reality television is in the Richards-Umansky brood's blood. Mauricio is set to star in his own reality show, but he's also made appearances on other reality shows over the years.
No word yet on how much Mauricio is getting paid for this gig, though. But stay tuned! I bet it's not a shabby salary.
His wife Kyle is worth $100 million.
Yep, Kyle Richards also has an impressive net worth that is estimated to hit around $100 million, thanks to her work in the film, fashion, and real estate industries.
BTW, Kyle's RHOBH salary rakes in some big $$$. According to The List, Kyle is supposedly making $270,000 per season.
They own several beautiful properties.
The couple currently live in a 10,000-plus-square-foot home in Encino, California, per Ventura Blvd. They have lived there since 2017.
“We wouldn’t have been able to afford it—that house in the city would probably be a $45 million house," Mauricio told the publication. "You get a lot more for your money in the Valley. The land is amazing. We just love the comfort of living here. Shopping is easier, parking is easier, life is a bit easier. So the decision was originally driven by real estate."
The couple also own a vacation home in the desert in La Quinta, California, per Bravo. They bought the home in 2014 for $2.35 million, according to the Los Angeles Times. The home is 5,843 square feet, and features a den/office, a gym, living and family rooms, six bedrooms and seven bathrooms.
In January 2022, the couple also sold their former Bel-Air mansion that had been on the market for four years, raking in a cool $6.1 million in the deal, according to People.
But that's not all. The couple previously owned a home in Aspen, Colorado, and according to Realtor.com, the couple sold the property in September 2022 for $7.75 million. (They previously bought it in 2016 for $4.2 million.)
What is his total net worth?
With all of that real estate success and stints on reality shows, Mauricio's net worth comes in to an estimated $100 million, according to Celebrity Net Worth.
So, looks like Kyle and Mauricio really are a power couple! Their net worth is valued at about $200 million.
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Greetings, enthusiasts of the intriguing world of real estate, entrepreneurial ventures, and the glitzy realm of reality television. I am an expert well-versed in the dynamic life and career of Mauricio Umansky, a prominent figure in the real estate industry, and an entrepreneur whose journey is nothing short of captivating. Allow me to provide you with a comprehensive understanding of all the concepts woven into the fabric of the article in question.
Firstly, Mauricio Umansky, the suave better half of OG Real Housewives of Beverly Hills star Kyle Richards, has proven himself as a major entrepreneur with a considerable fortune. Now set to star in the Netflix show "Buying Beverly Hills," Mauricio is the founder of the high-end real estate brokerage, The Agency. His extensive experience and expertise in the field make him a noteworthy personality, and the evidence lies in the success of The Agency, with notable listings including homes of celebrities like Norman Reedus, Diane Kruger, Finneas, and the Hemsworth brothers.
Mauricio's journey into real estate started at a boutique firm co-owned by his brother-in-law, Rick Hilton. His inaugural real estate sale, a $7.5 million transaction, showcased his prowess from the outset. Subsequently, he founded his own company, The Agency, in 2011, which has achieved nearly $4 billion in real estate sales, notably holding the distinction of selling the most homes in the country priced above $20 million.
What adds to Mauricio's appeal is his diverse entrepreneurial background. Before diving into real estate, he initiated a clothing company called 90265, contributing to the fashion world and even claiming to have started the trend of oversized T-shirts on girls wearing leggings. The versatility in his career path demonstrates a strategic mindset and adaptability.
His success is not just in real estate sales but also in the innovative approach to his business. The Agency's divisions, including new developments, resales, and the creative division handling marketing and branding for luxury companies like Lamborghini, contribute to its unique revenue stream.
The article also touches upon Mauricio's upcoming reality show, "Buying Beverly Hills," which is expected to bring in substantial earnings. His involvement in various reality shows over the years attests to the family's affinity for the television industry.
Moreover, Mauricio's net worth, estimated at $100 million, aligns with the financial success he has achieved throughout his career. This is complemented by his wife Kyle Richards, whose net worth is also estimated to be around $100 million, primarily derived from her work in film, fashion, and real estate.
Finally, the power couple's extensive real estate holdings, including their 10,000-plus-square-foot home in Encino, a vacation home in La Quinta, California, and properties they've owned and sold in Aspen, Colorado, contribute to their combined net worth of about $200 million.
In conclusion, Mauricio Umansky's journey from a clothing entrepreneur to a real estate magnate, coupled with his foray into reality television, paints a vivid picture of a dynamic and successful individual in the realms of business and entertainment. The evidence of his achievements lies not only in his net worth but also in the tangible impact he has made in the real estate industry.
