Mauricio Umansky is a real estate agent who holds prominent roles in two successful brokerages, The Agency and The Umansky Group. He is also a reality television star who gained recognition as the husband of Kyle Richards, and his new Netflix series, Buying Beverly Hills. As of 2023, Mauricio Umansky has a net worth of $100 million.
Umansky was born on January 25, 1970, and grew up in Mexico as the son of popular Mexican media personality Estella Sneider. Mauricio has a younger sister, and they are both of Greek and Russian descent.
His upbringing was difficult as he was diagnosed with neutropenia, a disorder characterized by an unusually low white blood cell count. As a result, he was in and out of the hospital frequently as a child.
His family immigrated to the United States when he was six years old. Mauricio first enrolled at the University of Southern California and later switched to Berkeley,
Real Estate Career
Mauricio’s first business venture was a clothing company called 90265. At 26 years old he sold the business for a tidy profit. After this, he ventured into real estate by joining his brother-in-law’s real estate firm, Hilton & Hyland.
Mauricio Umansky got off to a fast start, selling his first home for $7.5 million. By 2011, he established a luxury real estate brokerage, The Agency, and still serves as the CEO.
The Agency represents high-end property owners, investors, and renters. Mauricio also started The Umansky Group, which focuses on homes in Malibu, Beverly Hills, Holmby Hills, and Brentwood.
The Agency is now a global company with 1,500 agents across six countries. Umansky frequently represents some of the world’s most famous celebrities such as Arnold Schwarzenegger, Lady Gaga, Michael Jordan and more.
This is perhaps the reason why the property developer found his way into reality TV. He occasionally appears on Real Housewives of Beverly Hills and has been featured in Million Dollar Listings LA.
Kyle and Mauricio bought a mansion in LA’s Bel-Air area for $3 million in 2011. This was the property that was mostly used for the production of Kyle’s show, but they listed it in 2017.
On November 4 Umansky will also be in a new Netflix series, Buying Beverly Hills. The show will follow his end-high brokerage where two of his daughters (Farrah and Alexia) work as agents. Due to the success of Selling Sunset, reality real estate shows are becoming more mainstream.
Net Worth and Earnings
Umansky has sold over $4 billion in real estate and holds the record of selling the most properties over $20 million in the country. The Bel-Air mansion sold for $6.1 million in 2022, a nice $3.1 million profit in ten years.
The brokerage has also sold $1.5 billion worth of properties. This is the reason why some consider him one of the top real estate agents in America. Furthermore, he has properties worth $350 million under inventory. With this, it is estimated that his fortune is at $100 million.
Mauricio Umansky and Kyle Richards got married in 1996. Together, they have three children: Sophia, Alexia, and Portia. Mauricio also takes care of his stepdaughter, Farrah.
Kyle was once married to Indonesian real estate entrepreneur Guraish Aldjufrie. Now, with Mauricio, they own three properties in Encino, La Quinta and Aspen.