Mauricio Umansky is one of the most successful real estate professionals in the United States. Born in Mexico and now based in Los Angeles, Umansky has built a fortune through his real estate empire, The Agency. Beyond his business success, many know him as the husband of Kyle Richards from “The Real Housewives of Beverly Hills.” His career spans from a clothing entrepreneur to a luxury real estate mogul selling properties worth billions. With his recent Netflix show “Buying Beverly Hills,” Umansky has further cemented his status in real estate and entertainment.
Let’s explore how he built his $100 million fortune and what makes him a standout figure in the luxury property market.
Financial Status
Mauricio Umansky Net Worth sits at an impressive $100 million as of 2025. This matches his wife, Kyle Richards’ wealth, making them a true power couple with a combined Mauricio Umansky Net Worth of approximately $200 million. Umansky’s income flows from multiple streams, with real estate sales being the primary source. He sells more than $150 million worth of property in an average year, not counting referrals and commissions from his network of agents.
Throughout his career, Umansky has sold an astounding $5 billion worth of real estate. His company, The Agency, has grown to manage $41 billion in total sales volume. As CEO of The Agency, Umansky takes home a significant portion of the commissions from high-end property sales, many priced above $20 million. His financial growth shows no signs of slowing, as luxury real estate continues to boom in markets where The Agency operates.
The wealth accumulation journey for Umansky has been steady, starting from his early days in real estate when he earned over $200,000 in his first year of commissions back in 1998. Today, his financial portfolio includes not just real estate commissions but also income from television appearances, book sales from “The Dealmaker,” and various investments.
Early Life
Mauricio Umansky was born on June 25, 1970, in Mexico. His mother, Estella Sneider, worked as a psychologist, sex therapist, radio personality, and television figure in Mexico. Umansky faced health challenges early in life when doctors diagnosed him with neutropenia, a condition causing abnormally low white blood cell counts. This led to frequent hospital stays throughout his childhood.
At age six, Umansky moved with his family to the United States, where he would later attend the University of Southern California. However, the college path wasn’t for him, and he dropped out to pursue his entrepreneurial dreams. This early departure from traditional education foreshadowed his risk-taking approach to business that would later define his career.
His Mexican heritage and early experiences shaped his outlook on life and business. Despite health struggles, Umansky developed a competitive nature that would serve him well in the fast-paced world of luxury real estate. His background gave him a unique perspective that would help him connect with wealthy international clients later in his career.
Career Beginnings
Umansky’s business journey began not in real estate but in fashion. He created a clothing line called 90265, which he built into a successful business. At age 26, he sold this company for a substantial profit, marking his first major business success. The clothing venture showed his early talent for spotting trends and building brands.
After selling his clothing business, Umansky entered the real estate industry by joining Hilton & Hyland, a firm established by his brother-in-law, Rick Hilton. This connection gave him access to high-end clients, but it was his sales skills that truly set him apart. At Hilton & Hyland, he became their top agent, handling about 20% of the company’s sales despite being one of approximately 100 agents.
His first major real estate deal was selling a $7.5 million property owned by his wife’s ex-husband. This sale earned him a substantial commission and proved he had the skills to succeed in luxury real estate. During his time at Hilton & Hyland, Umansky built a reputation for integrity and results, becoming one of the most sought-after agents in Beverly Hills.
Real Estate Empire
In 2011, Umansky took the bold step of leaving Hilton & Hyland to co-found The Agency with Billy Rose and Blair Chang. The decision to start his brokerage marked a turning point in his career. The Agency quickly grew from a small startup to a global real estate powerhouse with over 650 agents and more than 37 offices worldwide.
The Agency specializes in luxury properties in prime locations like Beverly Hills, Holmby Hills, Malibu, and Brentwood. According to The Agency’s website, Umansky maintains $350 million worth of property under inventory, including homes listed for as much as $68.5 million. The company represents buyers, sellers, and renters of high-end homes and apartments.
Under Umansky’s leadership, The Agency has handled some of the most notable property sales in Los Angeles history. These include the Playboy Mansion, the Walt Disney Estate, and the first LA property to sell for over $100 million. The firm’s innovative approach to marketing and client relations has disrupted the traditional real estate brokerage model.
The Agency divides its business into three divisions: new developments, resales, and creative. The creative division provides marketing and branding services for luxury companies like Lamborghini and Wheels Up, creating a revenue stream unique among real estate firms. This diversification has helped The Agency weather market fluctuations that might otherwise impact a traditional brokerage.
Reality Television Career
While building his real estate business, Umansky also gained fame through television. Many first saw him on “The Real Housewives of Beverly Hills,” appearing alongside his wife, Kyle Richards. Though initially in a supporting role, his charm and business success made him a fan favorite and earned him the title of “hottest househusband” in the franchise.
In 2022, Umansky and his family landed their own Netflix show, “Buying Beverly Hills.” The series follows the operations of The Agency and features Umansky working alongside his daughters, Farrah and Alexia. The show provides an inside look at the high-stakes world of luxury real estate in one of the world’s most expensive markets.
Beyond these main shows, Umansky has appeared on “The Real Housewives Ultimate Girls Trip,” “Rica Famosa Latina,” and “Dancing with the Stars.” His television presence has expanded his brand and brought new clients to The Agency. While exact figures remain private, his reality TV career provides a significant secondary income stream alongside his real estate earnings.
As an executive producer on “Buying Beverly Hills,” Umansky has control over how his business appears on screen. The show serves as both entertainment and marketing for The Agency, showcasing their properties to a global audience of potential buyers. The series earned a second season renewal in April 2023, confirming its popularity.
Real Estate Portfolio
Umansky doesn’t just sell luxury real estate—he owns it too. In 2017, he and Kyle Richards purchased an $8.2 million home in Encino, California. This 10,000-square-foot property serves as their main residence. In 2023, they took out a $5.4 million mortgage on this home.
The couple also owns a vacation home in La Quinta, California, which they bought in 2014 for $2.35 million. This desert retreat spans 5,843 square feet and features amenities like a gym, office, and multiple bedrooms and bathrooms.
Previously, Umansky and Richards owned a mansion in Bel-Air that served as the backdrop for many “Real Housewives” episodes. After being on the market for four years, they sold this property in January 2022 for $6.5 million. They also owned a home in Aspen, Colorado, which they purchased in 2016 for $4.2 million and sold in September 2022 for $7.75 million, netting a healthy profit.
These real estate moves show Umansky’s skill at not just selling properties but also making smart personal investments. His portfolio demonstrates his understanding of market trends and property values across different regions.
Personal Life
Mauricio Umansky married Kyle Richards in 1996. Together, they have three daughters: Alexia (born 1996), Sophia (born 2000), and Portia (born 2008). Umansky is also stepfather to Farrah, Kyle’s daughter from her previous marriage to Guraish Aldjufrie.
Through his marriage to Kyle, Umansky became connected to the Hilton family. He is the brother-in-law of Kim Richards and Kathy Hilton (who is married to Rick Hilton). This makes him the uncle-in-law of Paris and Nicky Hilton. These family connections helped him early in his career, but later became complicated when he left Hilton & Hyland to start The Agency.
In July 2023, news broke that Umansky and Richards had separated after 27 years of marriage. Though they initially denied divorce rumors, they later confirmed they were living separately while figuring out their next steps. They released a joint statement clarifying they were not divorcing but had experienced “the most challenging year of our marriage.” Notably, the couple does not have a prenuptial agreement, as Kyle has mentioned that Mauricio “did not have a penny” when they married.
Despite personal challenges, Umansky maintains close relationships with his daughters. Two of them, Farrah and Alexia, work with him at The Agency and appear on “Buying Beverly Hills,” showing how he has merged family and business successfully.
Business Approach
Umansky’s business philosophy centers on taking calculated risks and fostering a positive company culture. His motto, “dress me slowly because I’m in a hurry,” reflects his careful approach to decision-making despite his competitive drive. He listens carefully to clients and tailors his approach to their specific needs.
At The Agency, Umansky enforces what he calls the “no assholes” rule. He believes that maintaining a supportive, collaborative environment helps the company thrive. This approach has attracted talented agents who share his values and vision for luxury real estate.
Umansky takes pride in The Agency’s creative approach to marketing properties. Rather than following traditional brokerage models, he encourages innovation and fresh ideas. This strategy has helped The Agency stand out in a crowded market and attract high-profile clients.
His client-centered approach focuses on building relationships rather than just closing deals. Umansky believes that by truly understanding clients’ needs and providing exceptional service, long-term success follows naturally. This philosophy has earned him loyal clients who return for future transactions and refer others.
Controversies and Challenges
Umansky’s career hasn’t been without challenges. His decision to leave Hilton & Hyland created a rift with the Hilton family. In his book “The Dealmaker,” Umansky wrote that Rick Hilton stopped speaking to him after he founded The Agency, which affected the whole family. This tension extended to Kyle’s relationship with her sister Kathy, creating family drama that played out partly on “The Real Housewives of Beverly Hills.”
The separation from Kyle Richards in 2023 brought personal challenges into the public eye. Though both maintained they handled the situation amicably, media speculation and public interest added pressure to an already difficult time. The lack of a prenuptial agreement potentially complicates their financial situation if they move toward divorce.
Throughout his career, Umansky has faced market fluctuations and economic downturns that impact luxury real estate. His ability to adapt to changing conditions has helped The Agency continue growing despite these challenges. By diversifying revenue streams and expanding globally, he’s built resilience into his business model.
Impact and Legacy
Mauricio Umansky ranks among the top real estate agents in the United States. His innovative approach to marketing luxury properties has influenced how high-end real estate gets sold. The Agency’s collaborative model differs from traditional brokerages and has inspired others in the industry.
Under Umansky’s leadership, The Agency has expanded globally through a franchise model that maintains consistent branding and service standards. This expansion strategy has increased the company’s reach while preserving its distinctive culture and approach.
Umansky’s legacy extends beyond sales figures to include the mentorship of new agents, including his daughters. Through the Mauricio Umansky Network and other initiatives, he shares knowledge and helps develop the next generation of real estate professionals. His philanthropy work with organizations like Giveback Homes and Children’s Hospital Los Angeles shows his commitment to giving back.
As The Agency continues growing and “Buying Beverly Hills” reaches more viewers, Umansky’s influence in both real estate and entertainment will likely increase. His ability to merge these worlds has created a unique personal brand that transcends either industry alone.
Conclusion
Mauricio Umansky Net Worth of $100 million reflects his remarkable success in real estate and entertainment. From selling his clothing line at 26 to building The Agency into a global powerhouse, Umansky has shown extraordinary business acumen. His $5 billion in career sales and growing media presence position him as a leading figure in luxury real estate.
Despite personal challenges, including his separation from Kyle Richards and family tensions with the Hiltons, Umansky continues to expand his business empire. With no prenuptial agreement in place, future developments in his personal life may impact his finances, but his diverse income streams provide stability.
Looking ahead, Umansky seems poised for continued success. The Agency’s global expansion, his Netflix show, and his reputation for handling high-profile properties create multiple pathways for growth. While the real estate market may fluctuate, Umansky’s proven ability to adapt and innovate suggests his wealth and influence will continue to grow in the coming years.
