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Owning Manhattan is well within Ryan Serhant’s grasp. In less than four years, the real estate billionaire and former Bravo star has developed his company Serhant into the sixth-largest real estate broking in New York City. The newest real estate reality show on Netflix follows him as he operates his business.
Serhant’s biography states that since beginning his career at Nest Seekers International in 2008, he has closed more than $8 billion in sales. He formed his own team within the company a few years later, and in September 2020, he made his debut by launching his own real estate company.
It’s only reasonable to wonder how much Serhant is currently worth given that his company has already experienced incredible success in a comparatively short period of time, especially because real estate is far from his only revenue stream. Read on to find out Serhant’s net worth and all the ways that he makes money.
What is Ryan Serhant’s net worth?
Ryan’s New York company is among the most prosperous in the nation, with total sales surpassing $5 billion (£3.9 billion) in the previous year.
It now employs over 500 individuals in 19 states and has grown to seven states in the United States.
One of the most prosperous real estate companies in the US is Ryan’s
When they sold a townhouse at 36 East 68th Street for $57 million (£45 million), they broke the record for the highest price per foot for that type of property in New York City.
Additionally, Serhant is proud of having sold the second most expensive house in the United States, a lavish Palm Beach estate that brought in $122.7 million (£96.1 million).
Thus, it should come as no surprise that Ryan has a very impressive net worth.
Early Life
On July 2, 1984, Ryan Matthew Serhant was born in Houston, Texas. Growing up in Topsfield, Massachusetts, Ryan and his younger brother Jack learnt the value of hard labour from their father, the Vice Chairman of State Street Global Advisors, who paid them $1.50 per hour to gather firewood, which they then sold to their neighbours. Serhant attended the Perry-Mansfield Performing Arts School & Camp in Steamboat Springs, Colorado, during his summers and studied at the Pingree School. He joined the Delta Kappa Epsilon fraternity and attended Hamilton College after high school. He earned degrees in English literature and drama in 2006. Afterwards, Ryan relocated to New York City in order to pursue a career in acting and paid his rent by taking part in stock photo shoots. He landed a role on “As the World Turns” in 2007, but after his career slowed down, he began working as a hand model, then decided to try real estate.
Real Estate Career
Serhant started his real estate job just after the subprime mortgage market crashed in 2008, and in his first year of business, he barely made $9,000. Fortunately, after working hard for another year, Ryan’s situation improved and he sold a $8.5 million property. Afterwards, he was promoted to executive vice president and managing director of Nest Seekers International, where he had been employed since 2008. With over 60 employees spread across New York City, Los Angeles, Miami, New Jersey, and the Hamptons, Ryan founded the Serhant Team in 2012. On its official website, Serhant states that “The Serhant Team has sold over 80 new development projects in New York, Los Angeles, and Miami, and has broken price-per-square-foot records across the city.” In the fall of 2020, Ryan opened the real estate firm SERHANT, and some of the firm’s big sales include a $33 million Miami penthouse and a $69 million home on NYC’s Madison Avenue.
Entertainment Career
In addition to “As the World Turns,” Serhant has acted in television shows “The Mysteries of Laura” (2015) and “Inside Amy Schumer” (2016), as well as the films “Withdrawal” (2010) and “While We’re Young” (2015). In 2010, Ryan went on Bravo’s “Million Dollar Listing New York” audition series. The show, which followed Ryan and other real estate brokers Michael Lorber and Fredrik Eklund as they attempted to negotiate exclusive transactions throughout New York, debuted in March 2012. In addition to creating and producing the 2018 spin-off “Sell It Like Serhant,” Serhant also directed, produced, and hosted the 2013 web series “Realty Byte with Ryan Serhant.” Ryan has made multiple appearances as a guest on “Today” and “Watch What Happens: Live,” as well as on “Ca$h Cab,” “On the Money,” and “Larry King Now.”
Personal Life
Ryan proposed to attorney Emilia Bechrakis in September 2014 following an hour-long closure of Times Square. On July 7, 2016, the pair got married in Greece, and that autumn, the four-part television series “Million Dollar Listing New York: Ryan’s Wedding” aired. The pair appeared on season seven of “Million Dollar Listing New York,” where they shared their IVF journey with viewers. Their daughter Zena was born on February 26, 2019.
Reality TV
Even if Owning Manhattan is the first program to focus on Serhant’s own business, reality TV is really what made him famous. For the full nine seasons of Bravo’s Million Dollar Listing New York, which aired from 2012 to 2021, Serhant starred. Because of how well his time on the show went, he was given two spin-off specials: Ryan’s Renovation and Ryan’s Wedding.
How Much Money Is Ryan Serhant Making From “Owning Manhattan”?
With the success of his Bravo series Sell It Like Serhant, which premiered in 2018, Serhant was able to provide struggling salespeople in many industries advice and assistance in revitalising their businesses. Additionally, he has made guest appearances on television programs such as The Real Housewives of New York City, Million Dollar Listing: Los Angeles, and even the second season of And Just Like That…, where he played… himself.
While it’s not known how much Serhant was paid for his many Bravo endeavors, his salary likely rose with each season, as most Bravo stars’ paychecks do. And given how many solo shows he starred in, he likely was on the higher side of the pay scale.
Social Networks
Serhant has made a point of saying that his following on social media contributes significantly to his company’s success. The agent has accumulated more than 2 million Instagram followers and over 1.4 million YouTube subscribers, which he has used to promote his numerous projects and earn money online.
Serhant has expanded his social media following to include an iHeartRadio show called Big Money Energy and an online sales course that, when he launched it in 2019, reportedly brought in over $100,000 every day.
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Books
As an author, Serhant also makes money from a more conventional source. Three books have been released by the agent: Sell It Like Serhant, a business-focused book from 2018, Big Money Energy, a finance-focused book from 2022, and Brand, a marketing guide from 2023.
His estimated net worth as of 2024 is a staggering $40 million (£31,3 million).
In addition to his financial success, he can now list his accomplishments as including a spot in the Netflix charts.
After getting married in 2016, Ryan is now wed to Emilia Bechrakis, a lawyer and fellow TV personality.
In 2019, they also welcomed Zena, their daughter, into the world.
The fact that he began his real estate profession in 2008 and accomplished all of this before the age of 40 makes his accomplishments all the more remarkable.
Viewers may anticipate seeing a lot more of Ryan in the future because the first season of Owning Manhattan was quite successful already got Netflix producers thinking about a follow-up.
