Recently, she got a private jet as a Christmas gift from her husband which made a headline on social media platforms. He is the current chief executive officer of Shoma Group, a real estate company in Miami. Masoud Shojaee (born 3 August 1959 Tehran, Iran) is an American philanthropist, entrepreneur, CEO and Chairman of the Board of Shoma Group which is a real estate development company based in Miami specializing in residential and commercial projects. Mr. Shojaee used Shoma to guarantee loans for Masmar, a business that he and his wife owned separately from her family. 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. dynamically populate dropdown jquery Read Also: Franco Escamilla Net Worth: The Mexican Comedian with a $17.22 Million Fortune. 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). Get New Updates of Posts by Email. Today, South Florida is a thriving market and Miami has transformed into an exciting city with a banking center, an industrial hub, Cruise Lines, and a multitude of great things to do and experience, says Shojaee. This strategy worked and the company became very successful. Parker Tax Publishinghas a good summary of the case. Shojaee is married to Stephanie Shojaee, formerly Stephanie Mejia. on January 6, 2018. READ THIS NEXT: What is Ricardo Lugos net worth? . Shoma changed its focus from mid-market single-family homes and townhomes to luxury homes and multifamily properties in 2008 after developing a sizable portfolio of residential and commercial projects in dozens of South Florida cities. She came into the spotlight after her marriage to billionaire Masoud Shojaee. Within several months of Masouds arrival in the US, the revolution broke out in Iran, and he could no longer return home safely. Show More Posts . Her body measurements are around 34-28-36. There is not much information on Masoud Shojaee and Stephanie Mejias wedding. Chateau Artisan, a Miami castle designed by architect Charles Sieger, housed the Dwyane Wade-Gabrielle Union wedding extravaganza back in 2014. Who is Masoud Shojaee 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. Jose Senior had funded businesses for each of his three children, giving one child a controlling stake in each business and minority stakes in the other two. The taxpayer win in this case is encouraging and you really have to wonder why the IRS pushed it so far. Enter your Email address to Subscribe Stephanie Shojaee, who joined Coral Gables-based Shoma in 2013 as chief marketing officer, eventually plans to expand Shoma in the U.S. and parts of. Known for his keen eye for potential, Masoud gained recognition throughout the 90s and early 2000s for his prescient developments in the Doral and Hialeah areas, helping boost the regions into functional communities and cities and gaining Masoud the moniker . But, as CEO of Shoma Group, a company with annual revenue approaching $250 million, his earnings are quite significant. Shojaee lives in Coral Gables, in Miami-Dade County, Florida. The former couple founded Shoma in 1988 and lasted almost 30 years together. Then in 1992, he bid $6 million in a government auction of 700 lots. So Mr. Lamas had a minority interest in a business venture controlled by his brother-in-law. Masoud Shojaee, Shoma Group, Miami Shojaee applies his vision and extensive knowledge of building high-quality developments in the diverse and growing South Florida real estate market. The take-away from this case is that it would have been a really good idea for Mr. Lamas to have kept a contemporaneous log of his activities on behalf of Shoma. Subscribe to Get Latest Updates Enter your email address to subscribe to this blog and receive notifications of new posts by email. They work with their father at the Shoma Group. Since 2015, Shojaee has sold over $400 million of real estate projects . Masoud Shojaeiwas to born to Iranian parent, Mohammad Reza Shojaei, and motheron 9 June 1984 in Shiraz, Iran. Miamis 10 biggest homes for sale, mapped. Despite his success, he's not one to give up easily. He created various residential developments there, such as Doral View, Las Ramblas, and Gold Vue, as well as some of the first-rate class A office buildings in the neighbourhood, such as Shoma Centre, the previous home of the company, and One Park Square at Doral. The Shoma Group will convert a car dealership near Miami's Coconut Grove neighborhood into a residential development. After beginning his professional playing career at Sanat Naft during 2002/03 season, he moved to fellow Iranian club, Saipa. Shojaee is currently married to Stephanie Mejia Shojaee. Instead of making this contribution from his personal funds, Mr. Shojaee caused Shoma to donate $1.5 million on his behalf. 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. Posted on Last updated: February 19, 2023. Shojaee founded Shoma Group in 1988. Masoud Shojaee is a testament to how hard work and perseverance can pay off. As a result, they ventured into luxurious homes and townhouses. The real estate mogul has two daughters, Anelise Shojaee (31 years) and Lilibet Shojaee (28 years). $1 million USD. When Shojaee left for the US, he carried a nest egg to fund his lifestyle. He has an estimated net worth of $100 million. Shoma Development changed their strategy in 2007 with the changing market trends. Masood Shozai is a real estate developer, he is the current CEO of Shoma Group, a real estate company in Miami. The three companies Continental Trust Mortgage Corp, Adrimar Investments Corp and Shoma Development Corp were all involved one way or the other in real estate and tangentially related to one another not only by common ownership, but also operationally. Read Also: Pnuff Crunch Net Worth: The Biography of a Wealthy Businessman. masoud shojaee, stephanie mejia wedding Affordable auto transport rates Menu what happened to skittles crazy cores. But what do we know about the enigmatic and private real estate mogul with a penchant for luxury and an impressive amount of business savvy? by Killmatic). Posts. In February 2017, Masoud listed his Moroccan-style estate in Coral Gables for $15.9 million. He is the first baseman and designated hitter for the Detroit Tigers of the Major League Baseball. Not much information is available about the marriage of Masoud and Stephanie Mejia. However, his friends convinced him to attend the University of Miami, where he pursued a degree in electrical engineering. He made his debut against Panetolikos F.C. Follow. Stephanie started in the companys sales division before becoming chief marketing officer and most recently president. 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. Apart from real estate, Masoud Shojaee worked in the aviation industry. 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. Apostle John Eckhardt PDF Books , Wife , Age , Children And Full Biography, DR JUSTIN DEAN Biography, Age, Career And Net Worth, Lady proposes to Boyfriend With PES 5 Viral Video Below, Freda Rhymz S3duces Fans With Backside In A Bikini Outfit Video Below, Instrumental : Sarkodie ft Strongman x Kelvynboy Didi (Prod By MOG Beatz), Audio : R2Bees Could This Be Love ft. Efya (Prod. The home of Shoma Group founders, Masoud Shojaee and wife Maria Lamas Shojaee, has just been listed amidst a long and messy divorce. This, the company started developing office buildings and other commercial properties. Stephanie Shojaee Height, Weight, and Measurements: Talking about Stephanies physical appearance, she is about 5 feet 7 inches in height and 62 kg in weight. The couple married in 1984 and together they started the Shoma Group. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright2023 Nnet Worth / All Rights Reserved. He started his early career playing for junior teams of local Iranian football clubs, Sanat Naft, and Saipa FC. Her primary source of income is business endeavors. Located at 3650 Bird Road, the parcel sits adjacent to South Dixie Highway, less than three miles from the University of Miami . Though Shoma has been active in the tri-county area, lately it has concentrated on West Miami-Dade, Doral in particular. The IRS was trying to deny him a refund of $5,260,964, which was based on a carryback of 2008 personal net operating loss to 2006. The biography of Wajackoyah's running mate, Where does DanTDM live? Masoud Shojaei is a member of Soccer Player. Biography, Years, Spouse, Height, Web Well worth, Matrimony, Birthday He signed with the Qatari football club, Al Shahania Sports Club and a scored a memorable hattrick against Al Sadd SC on December 14, 2014. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. She came into the spotlight after marriage with Miami-based billionaire Masoud Sh. 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. Where does Masoud Shojaee live? Mejia may have been ultra-successful in the corporate world, but she had come from humble beginnings as the daughter of Colombian immigrants. Never miss important updates. He was born in Tehran, Iran, but moved to the United States for his college before settling in the country permanently. Stephanie was born and brought up in the United States. Gerardo Gabriel biography: wife, height, weight, net worth. The Shoma Group is a real estate development company based in Miami specializing in commercial and residential projects. He is the CEO and president of the Shoma Group. Read Also: Druski Net Worth 2022: Biography, Wiki, Girlfriend. 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). Both of them work with their father in Shoma Group. He, a real estate mogul in his own right, came to the United States, his family now back in Iran. Once I stayed here in Miami, it felt like home; now my kids have Masters Degrees from UM as well said Shojaee. This case was also unusual in the dollars at stake. Instead of making this contribution from his personal funds, Mr. Shojaee caused Shoma to donate $1.5 million on his behalf. Stephanie Shojaee is the wife of the president and chairman of the board of Shoma Group, Masoud Shojaee. Later Mr. Shoajee would tell the IRS that as a family business, there was no record kept of hours worked by officers and directors. As of 2019, Masoud Shojaei has an estimated net worth around $1 million, including his income and assets. They (Shojaee and Maria) founded Shoma Group together but split up in 2015. Masoud Shojaee Social Media Accounts Link, Alexander Shunnarah Net Worth: Biography, Career 2022 (Updated), Rick Beato Net Worth: Wife, Family, Income, Earnings, Druski Net Worth 2022: Biography, Wiki, Girlfriend, Pnuff Crunch Net Worth: The Biography of a Wealthy Businessman, Franco Escamilla Net Worth: The Mexican Comedian with a $17.22 Million Fortune. Now, the Shoma Group wields a hefty amount of influence on the South Florida real estate market, and Masoud is its fearless leader. Over the next three decades, Masoud and Maria welcomed two daughtersAnelise and Lilibetand built the company into one of the biggest development firms in the state. Although there is no exact figure for how much this company is worth, it has earned billions of dollars since its inception, the company has completed more than $5 billion in real estate transactions. What is Masoud Shojaees net worth? With Miami's abundance of luxury homes in close proximity to both Biscayne bay and the Atlantic Ocean, it's no revelation to see so many active homes for sale with unbelievable price tags. After completing his studies, he decided to set up roots in Miami. Besides playing for several Asian football clubs, he has played for Spanish sides like CA Osasuna and UD Las Palamas. Then, he decided to invest in the real estate industry. Videos Tagged. Today it is one of South Florida's preeminent residential. Shojaei made his debut for Osasuna against Villarreal CF on August 31, 2008. A post shared by Masoud Shojaee (@mrmasoudshojaee). Tax-Exempt NIL Collectives. Eleven on Lenox, a luxury townhome development in Miami Beach, The Cheapest, Nicest Apartments for Sale in the West Village, Brooklyn Heights One-Bedroom With Sharp Kitchen Reno, Micro Claw-foot Tub, for $675K. [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. His net worth is estimated to be in the $100 million range. This unique Moroccan estate in Coral Gables owned by Miami developer Masoud Shojaee has resurfaced for $12.9 million ($1,036 per square foot), down nearly 20 percent off its original $15.9.