The luxury car modification mogul has an estimated net worth of $50 million.
Key Takeaways
- Mansory is a Germany-based car modification company known for its high-profile clientele and high price tags.
- Kourosh Mansory founded the company back in 1989.
- He lives a private life, but based on the size of his business, a rough estimate of his net worth can be deduced.
Kourosh Mansory, the owner and namesake of the Germany-based luxury car modification company Mansory, is an Iranian-German businessman.
Mansory is a name that resonates with many wealthy individuals, especially rappers, athletes, and media personalities, due to their signature flamboyant and aggressive carbon-fiber-based designs.
Mansory primarily modifies luxury and supercars that cost hundreds of thousands to multiple millions of dollars, such as Range Rover, Rolls-Royce, Bentley, Ferrari, Mercedes, Lamborghini, and Bugatti.
Their modifications usually add a hefty sum to the value of already expensive cars.
For instance, Mansory produced just three limited-edition Mansory Vincero Bugatti Veyron (Lotta Carbon Fiber).
Out of the total 200 Veyrons manufactured between 2005 and 2008, only 300 will ever be made. The price tag for this exclusive upgrade is an additional $985,000, on top of the base vehicle’s cost of approximately $1.5 million.
The man behind such a company is clearly a sharp leader and staunch businessman who knows how to capitalize on wealthy people’s love for cars and attention.
Despite being the face of a company that promotes extravagance, Kourosh Mansory lives a private life and rarely seeks media attention.
Besides a few interviews online, Kourosh has not revealed much about himself.
Even in the interviews, it is clear that he prefers to talk about his cars rather than himself.
Kourosh founded the company in 1989 in Munich, Germany. As it grew and started gaining attention in the automobile world, it relocated to Brand, Tirschenreuth, where it is currently headquartered.
Today, Mansory employs nearly 200 staff worldwide and has dealerships in many major countries, including Germany, the US, the UK, China, Canada, Japan, Switzerland, and the UAE.
Over the years, Mansory has collaborated with other significant brands like Lotus and Garia.
Some of Mansory’s most notable clients include Floyd Mayweather, Christiano Ronaldo, Marcus Rashford, Kylie Jenner, Travis Scott, Drake, and Rick Ross.
Because Mansory is a private company, its valuation is not publicly disclosed, and because of its exclusivity and high price tag, it only sells a handful of cars per year.
Considering that an average Mansory car costs about $1 million, it can be estimated that its annual revenue ranges from $20 million to $100 million.
Based on this estimated valuation and the fact that Koroush Mansory has been doing this for more than three decades now, he has a net worth of at least $50 million.
