Masoud Shojaee is the CEO and president of the Shoma Group, a construction company in South Florida. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Hialeah Gardens industrial site trades at $1M/acre, as market softens, Pasadena moves to eliminate planned development zoning, CF Industries relocates suburban HQ to Northbrook with slight downsize, LaSalle sells OC office building at 55% loss. Never miss important updates. And of course, sometimes they don't find the logs credible either. Yes Shojaees two daughters, Anneliese Shojaee and Lilibet Shojaee, both work with their father in real estate companies. Make a one-time donation today for as little as $1. TC Memo 2015-59 Jose A. Lamas And Maria E. Lamas v Commissioner of Internal Revenue. The education details are not available at this time. Unfortunately, there are no exact figures for Shojaee's salary. Lawsuits haven't distracted Shojaee from his interest in politics. Using the IRS as a weapon in a business dispute is, well, not good business. On 18 December 2021, Masoud Shojaee gifted his wife Stephanie a private jet. You also have to wonder what Mr. Shoajee was thinking when he sent his follow-up letter to the IRS. The companys current projects include Eleven on Lenox, an 11-townhouse project planned near Lincoln Road in South Beach and two condominium towers at Oasis Park Square Doral. Shojaee earned a degree in electrical engineering and then pursued his Ph.D. Just a decade after arriving in the United States as an exile, Masoud Shojaee had turned his life around. Furthermore, Shojaei joined Tractor Sazi F.C. Masoud Shojaee is part owner of Shoma Group. Now, the Shoma Group wields a hefty amount of influence on the South Florida real estate market, and Masoud is its fearless leader. Stephanie has amassed thousands of followers on Instagram for sharing photos of her luxurious lifestyle, fashionable outfits and travels. Masoud Shojaee Net Worth 2023: What valuable favors did he give to his wife? He attended the University of Miami. What does Masoud Shojaee do? Mainly an attacking midfielder, he can also play as a winger or forward. The city is also the headquarters of his real estate company. His net worth has been growing significantly in 2021-2022. He is a Venezuelan professional baseball player. He became one of the most sought-after baseball candidates in South America while still a teenager. This, the company started developing office buildings and other commercial properties. on January 6, 2018. In 2003, through three companies he controls, Shojaee donated $5000 to the winning candidates in Doral's inaugural election to create a city council. Stephanie Shojaee is the wife of the president and chairman of the board of Shoma Group, Masoud Shojaee.. Maria and Masoud Shojaee paid $1.56 million for the property in 2000, records show. PAY ATTENTION: Click 'See First' under 'Follow' Tab to see Tuko.co.ke news on your FB Feed, Get the news that matters from one of the leading news sites in Kenya, Tech rivals chase ChatGPT as AI race ramps up, Hurry! A six-year dispute between Ugo Colombo and Masoud Shojaee momentarily came to a close. It will be the site of Shoma One, a mixed-use project with a 391-unit apartment community and a Shoma Bazaar food hall. Lugz and his longtime girlfriend Minne Kariuki held their traditional wedding (ruracio) ceremony on December 11, 2021. According to federal campaign-finance reports, Masoud Shojaee donated $10,000 to the state Republican Party in 2004. PAY ATTENTION: Join TUKO.co.ke Telegram channel! The work included a derivative lawsuit against Mr. Shoajee, work with an advisor to develop financing for Shoma and investors and purchasers of its projects and work as Shoma's treasurer. As a result, Masood earned a masters degree and continued to take additional classes for a Ph.D., thereby furthering his studies. As of 2023,Masoud Shojaeis net worth is, Masoud Shojaei is a Gemini and was born in The Year of the Rat. The 37-year-old was overexcited after seeing a white and red private jet infront of her. Not much information is available about the marriage of Masoud and Stephanie Mejia. In August of 1978, Shojaees father gave him some seed money and sent him to the United States to pursue a university education. Being a Florida power couple must have taken its toll on the pairMaria filed for divorce in April of 2015, ending a 29 year marriage. The real estate mogul was previously married to Maria Lamas (formerly Maria Shojaee). Taking into account various assets, Masoud's net worth is greater than $499,999; and makes between $250K+ a year. He is the CEO of the Shoma Group. His company Shoma is a Miami-based real estate development company. The pair were married in 1986, and Maria co-founded the Shoma Group with him. This project was successful and completely sold, leading to a second 58 lot development project. After finishing his degree and then receiving his M.S.E.E in Electrical Engineering in 1985, he decided to start a venture in real estate and the concept of Shoma was born. From the early days of the Shoma group, Shojaee showed a keen insight into developments in the Hialeah and Doral areas. He established Shoma in 1988. Stephanie Masouds second wife. And how much does he earn? As a result, they ventured into luxurious homes and townhouses. Miami-based developer Shoma Group has announced its latest acquisition, a 2.5-acre site at 3650 Bird Road, currently home to Deel Volvo, near Coral Gables for $34 million. Stephanie Mejia Shojaee Stephanie Mejia Shojaee is a successful businesswoman with a net worth of $1 million. This strategy worked and the company became very successful. Click 'See First' under 'Follow' Tab to see Tuko.co.ke news on your FB Feed. Both of them work with their father in Shoma Group. In 2019, 4 years after his divorce was finalized, he tied the knot for a second time. He was born in Tehran, Iran, but moved to the United States for his college before settling in the country permanently. Finally, Mr. Shojaee took a business opportunity away from Shoma when he chose to build a real estate project on Shoma land using one of his personally owned companies. The real estate mogul arrived in the US on his own; his family left back in Iran. In 2021, Shoma Group sold Doral apartments for $102.5 million. And while there is no exact figure for how much the company is worth, it is in the billions of dollars, with more than $5 billion in completed real estate transactions since it was founded. Posted on Last updated: February 19, 2023. He made his debut as well scoring his first goal for the side in the same against CE Sabadell FC. Masoud Shojaei scored his first international goal for senior Iran national team against Saudi Arabia during 2010 FIFA World Cup Qualification on 28 March 2009. Using the IRS as a weapon in a business dispute is, well, not good business. Masoud Shojaee age is 63 years old at the time of writing this article. An agreed order was filed later last year. Instead of making this contribution from his personal funds, Mr. Shojaee caused Shoma to donate $1.5 million on his behalf. More recently Shoma paid $69 million for the Greens at Doral, a 440-unit apartment complex the developer intends to convert to condos. He was reported to repealing the ban with the Iranian president, Hassan Rouhani in July 2017. Masoud Shojaei stands over 6 feet and 1 inch tall and weighs about 73 kg. You may opt-out by. The stylish executive shares her husbands taste for luxuryin 2020, she was one of the only female brand ambassadors for Rolls-Royce in the US. He also has a sister and holds Iranian nationality. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. 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. The company also expanded its reach and started developing properties in areas such as Palm Beach, Broward, and other regions of South Florida. Mr. Shojaee used Shoma to guarantee loans for Masmar, a business that he and his wife owned separately from her family. Maria Lamas Shojaee file for divorce from her husband in April 2015, and the divorce is still ongoing, records show. Everything to know, Who is Alex Cooper's boyfriend? Midfielder who began his long tenure with the Iranian national team in 2004. When Masoud was given the necessary capital to start the business by his father, he has grown it into a multi-billion dollar empire in just three decades. Read Also: Alexander Shunnarah Net Worth: Biography, Career 2022 (Updated). Masoud Shojaee was born on August 3, 1959, in Tehran, Iran. 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. 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. Trouble was brewing for years at Doral-based homebuilder Shoma Development Corp., but an Internal Revenue Service audit and U.S. Tax Court fight brought the family squabble bubbling to the surface. What happened to Lil Kim's daughter's eye? people who read Tax Court decision don't need to watch soap operas. He has a wife and two daughters. Not much is known about his life growing up, as he did not attract much public interest until years later when he became successful in the US. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. The actual intent of the passive activity loss rules was to kill traditional tax shelters. Masoud Shojaei net worth and salary: Masoud Shojaei is a Soccer Player who has a net worth of $1 million. Check your inbox to be the first to know the hottest news. Sign up for free now! About Us Shojaee is part of the owner of the Shoma Group. 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. I focus on the tax issues of individuals, businesses & more, 8 Lessons For George Harrisons 80th Birthday, 1854 Shipwrecked Whisky May Bring MillionsAnd IRS Taxes It, How Alex Murdaugh Opened The Door For Convictions On Financial And Tax Crime Charges, Name, Image And Likeness: Name, Image And Likeness: Whither The Nonprofit Collective? Gemini is governed by Mercury, the messenger planet of communication. Shojaee purchased 237 lots on Northwest 6th Street and 132nd Avenue for nearly $9 million, and developed homes on the property. In 2002 the Miami Herald reported similar problems at the nearby Harbour Lakes development, also built by Shoma. While with AEK Athens, he reportedly made an annual salary above 50,000 from the club with weekly salary being around 1K. On top of that, Shojaee's father retired, which made returning home to take over the business hard. As of 2019, Masoud Shojaei has an estimated net worth around $1 million, including his income and assets. He currently resides in Iran. While with AEK Athens, he reportedly made an annual salary above 50,000 from the club with weekly salary being around 1K. Online estimates of Masoud Shojaeis net worth vary. Joe Kristan noted that allowing Shoma and Greens to be considered a single activity was a very important aspect of the decision. In fact, the Iranian national soccer team midfielder has more than $30 million in assets. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. And while he was given the necessary capital to start his business by his father, he has managed to turn it into a multi-billion dollar empire in just three decades. She came into the spotlight after marriage with Miami-based billionaire Masoud Shojaee. Masoud attended the University of Miami, where he earned a bachelors and masters degree in electrical engineering. He debuted professionally for Sanat Naft in 2002. Masoud works as the CEO and Board chairman of the company. In April 2022, Shoma bought a development site for $220 million. Continue to the next page to see Masoud Shojaei net worth, estimated salary and earnings. Masoud Shojaee is facing another legal entanglement involving his daughters. His Current Net Worth is Valued at $61 Billion. Shojaee earned most of his wealth from serving as the president and chairman of the board of Shoma Group. Click 'See First' under 'Follow' Tab to see Tuko.co.ke news on your FB Feed. This case was also unusual in the dollars at stake. Who is Masoud Shojaee's new wife? He is also quite vocal about corruption plaguing Iranian football and raised his voice against child sexual abuses. In April Maria Shojaee filed a motion to sell the couples home, andMasoud Shojaee, CEO of Shoma Group, had initially objected to the sale. Aside from his personal wealth, Shojaee has a business empire as well. Audrey Ross of EWM Realty International has the listing, which describes the estate as offering a magic carpet ride to a Marrakesh palace. Outdoor pavilions are connected by walkways, with a tennis court pavilion hidden behind hedges. You are already subscribed to our newsletter! Notify me of follow-up comments by email. In 2003, he started buying and selling helicopters and planes and was quite successful despite the 2008 economic crisis. The couple met at the company where Stephanie had worked for the past 11 years. Masoud Shojaee and his wife Maria, both 46 years old, incorporated Shoma Development Corporation in 1988. The company contracted with government contractors, and Shojaee was raised in the country. Pin. Masoud Shojaee is a testament to how hard work and perseverance can pay off. Masoud Shojaee likes the finer things in lifebespoke suits, private jets, fancy cars, and international cuisine. With a Masters Degree and a Ph.D. under his belt and a lifetime of knowledge passed down from his developer father, Shojaee had a plan. Mr. Masoud Shojaee applies his vision and extensive knowledge of high-quality, development and construction to the diverse and growing South Florida real estate market. Shojaee is the company's chief executive officer and the chairman of its board of directors. 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