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Miami-based developer Shoma Group is excited to announce Stephanie Shojaee has been named as the company's president. Rather, he's determined to build the company further and continue expanding his empire. The home was built in 2003 and the property was acquired a few years before that, in October 2000, for $1.56 million, according to public records. Videos Tagged. She came into the spotlight after her marriage to billionaire Masoud Shojaee. Read Also: Rick Beato Net Worth: Wife, Family, Income, Earnings. Shojaee earned most of his wealth from serving as the president and chairman of the board of Shoma Group. (Masoud and Maria) founded Shoma Group together, but they split up in 2015. But what do we know about the enigmatic and private real estate mogul with a penchant for luxury and an impressive amount of business savvy? A company led by Shoma Group CEO Masoud Shojaee won a $10 million jury verdict on Oct. 29 against a company owned by condo developer Ugo Colombo of CMC Group. $1 million USD. But, his friends convinced him to enroll in the University of Miami, from where, he earned a degree in electrical engineering. Shojaee's father had a sizable construction business in Tehran, Iran, which completed government projects. Stephanie Shojaee husband had 2 lovely children. And of course, sometimes they don't find the logs credible either. He is a Venezuelan professional baseball player. Masoud Shojaee net worth is around $5-6 million. In February 2017, Masoud listed his Moroccan-style estate in Coral Gables for $15.9 million. Both of them work with their father in Shoma Group. Masoud Shojaee resides in Coral Gables, Miami-Dade County, Florida. Masoud Shojaee is best known as the CEO of Shoma Group. Of the government's four witnesses, the Tax Court found that only one contradicted his position, that being his brother-in-law. How many children does Masoud Shojaee have? He made his debut against Panetolikos F.C. Required fields are marked *. Then, American clubs in the MLB came calling, allowing Cabrera to sign his first professional contract at 16. She arrived to brand new limelight when i-oriented billionaire Masoud Shojaee. Mr. Shojaee made a personal pledge to the University of Miami for $1.5 million, and in exchange for this donation the university was going to name a [*5] facility after Mr. Shojaee. Aside from his personal wealth, Shojaee has a business empire as well. Stephanie Shojaee is an American social media personality and entrepreneur. He has a wife and two daughters. After completing his studies, he decided to set up roots in Miami. His current market value as of December 2018 is 450,000. Masoud's net worth is greater than $499,999; and makes between $250K+ a year. But neither party has given the reason for the split. While with AEK Athens, he reportedly made an annual salary above 50,000 from the club with weekly salary being around 1K. Apostle John Eckhardt PDF Books , Wife , Age , Children And Full Biography, DR JUSTIN DEAN Biography, Age, Career And Net Worth, Lady proposes to Boyfriend With PES 5 Viral Video Below, Freda Rhymz S3duces Fans With Backside In A Bikini Outfit Video Below, Instrumental : Sarkodie ft Strongman x Kelvynboy Didi (Prod By MOG Beatz), Audio : R2Bees Could This Be Love ft. Efya (Prod. With Miami's abundance of luxury homes in close proximity to both Biscayne bay and the Atlantic Ocean, it's no revelation to see so many active homes for sale with unbelievable price tags. Masoud Shojaee, Shoma Group has built a reputation as one of South Florida . Masoud Shojaei is enjoying his life and spending his earning to travel and dine in the most expensive places and restaurant to indicate his lavish lifestyle. This Delray Beach estate listed for $20M includes a Chanel boutique-inspired closet, Not to mention the hidden cigar room, or massive pool, Miamis 21 most expensive homes for sale, mapped. According to reports, he may have wanted to succeed his father, but in 1970, strikes and growing public unrest led to problems. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. The pair were married in 1986, and Maria co-founded the Shoma Group with him. The company handled a large number of government contracts but came under fire amid local unrest and several large scale strikes. Mizkif: real name, girlfriend, net worth, ethnicity, nationality. He then joined UAE football club, Al Sharjah SC in 2006 and scored his first goal for the team against Emirates Club on October 3. Masoud is popularly known as the CEO of the Chairman of the Board of Shoma Group. Since joining the firm in 2013, Shojaee's eye for creating luxury housing . When Shojaee left for the US, he carried a nest egg to fund his lifestyle. 465k Followers, 138 Following, 277 Posts - See Instagram photos and videos from Stephanie Shojaee (@stephshojaee) stephshojaee. April 14, 2005 4:00AM Masoud Shojaee and his wife Maria, both 46 years old, incorporated Shoma Development Corporation in 1988. Masoud isnt one to give up easilyin business or in love. Apart from this, she is a real estate company agent and CEO of Shoma Group. He also talked about regret that his mother, wife, and sister could never watch him play in the stadium. Shojaee is a real estate developer. Become a member to support the independent voice of South Florida Then in 1992, he bid $6 million in a government auction of 700 lots. He is married to Stephanie Mejia, a real estate executive. Masoud Shojaee, Shoma Group, Miami Shojaee applies his vision and extensive knowledge of building high-quality developments in the diverse and growing South Florida real estate market. dynamically populate dropdown jquery He, a real estate mogul in his own right, came to the United States, his family now back in Iran. . While Masoud sees things on a macro, all-encompassing . The 300,000 square foot retail centre CityPlace, the opulent apartment complexes The Manor and The Flats, and the 135 single-family residences in Oasis Park Square were all included in that joint venture. An Iranian native, Masoud immigrated to the United States in 1978 before founding Shoma Group a decade later. After beginning his professional playing career at Sanat Naft during 2002/03 season, he moved to fellow Iranian club, Saipa. While with AEK Athens, he reportedly made an annual salary above 50,000 from the club with weekly salary being around 1K. Using the IRS as a weapon in a business dispute is, well, not good business. Posted on Last updated: February 19, 2023. Advertise with us His reputation for building quality homes and environments has resulted in people asking to purchase Shoma developed projects whenever they become available. 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. Tour the amazing $11M castle Dwyane Wade and Gabrielle Union were married in. Sobre su trabajo como CMO de la desarrolladora Shoma Group, habla con orgullo de los logros propios que ha sumado a la compaa que fund su esposo Masoud Shojaee. Shoma Homes at Grand Lakes, which sold out for $300 million in total, and Nutica in Miramar, which sold out for $400 million and ignited a wave of new development in the area, causing the population to nearly triple over the last 20 years, further cemented Shoma's significance in the industry shortly after. In addition to being a successful businessman, Shojaee is also a committed philanthropist who supports organisations including World Vision, St. Jude Children's Research Hospital, and the University of Miami's School of Communication scholarship fund. Now, Shoma (Now Shoma Group) is one of the largest real estate development companies in South Florida. formerly Maria Shojaee, is the ex-wife of Masoud Shojaee, president and chairman of Shoma Group. In 2002 the Miami Herald reported similar problems at the nearby Harbour Lakes development, also built by Shoma. The Iranian Revolution began in 1978, prompting Masoud to leave his home country for college in the United States. He is from Iran. Masoud Shojaee and Maria Shojaee filed for divorce after 30 years of marriage. 02/08/22 AT 2:02 PM EST. Shoma Group promoted Masouds second wife to the role of president in March of 2022. The real estate mogul was previously married to Maria Lamas (formerly Maria Shojaee). Now, the Shoma Group wields a hefty amount of influence on the South Florida real estate market, and Masoud is its fearless leader. Situations like this are why people who read Tax Court decision don't need to watch soap operas. The Daily Business Review, in its coverage of the case, focused on the family drama. Masoud Shojaee, the real estate mogul has two daughters, Anelise Shojaee and Lilibet Shojaee. 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. In August of 1978, Shojaees father gave him some seed money and sent him to the United States to pursue a university education. Furthermore, the company started developing office buildings and other commercial properties. He is a married man as revealed by many sites. They work with their father at the Shoma Group. The company also expanded its reach and started developing properties in areas such as Palm Beach, Broward, and other regions of South Florida. Never miss important updates. Shojaee and her husband, Masoud Shojaee, collectively owned 60% of Shoma, 2 and Mr. Lamas and Alejandra Lamas each owned (directly or indirectly) 20%. Later Mr. Shoajee would tell the IRS that as a family business, there was no record kept of hours worked by officers and directors. This page was last modified on 5 October 2022, at 14:51. Not much is known about Stephanies early career. They . Stephanie started in the companys sales division before becoming chief marketing officer and most recently president. The typical 469 case usually involves an amateur landlord with a day job. He is a Muslim by religion. Over the next three decades, it would grow exponentially, to include apartment buildings, commercial real estate, and retail space across the region. He started out in real estate by creating neighbourhoods of single-family homes. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This Website Is Dedicated To Carlo Acutis, SUBMIT A PRAYER REQUEST TODAY Don't IGNORE, Buhari Denies Claim Of Picking Lawan As Consensus Candidate, Koinonia Messages: DOERS OF THE WORD Apostle Joshua Selman. Mr. Shojaee applies his vision and extensive knowledge of building high-quality developments in the diverse and growing South Florida real estate market. Masoud Shojaee has built thousands of residential and commercial units in South Florida and has built a substantial real estate empire. 465K followers. She is a former Chief Marketing Officer of the Shoma Group who was recently promoted to the company's president. As of January 9, 2023, Masoud Shojaei's net worth is $5 Million. More details about Masoud Shojaee will be shared soon. (adsbygoogle = window.adsbygoogle || []).push({}); Copyright2023 Nnet Worth / All Rights Reserved. and help keep the future of New Times, Use of this website constitutes acceptance of our. Everything to know about Kendall Taylor. During July 2016, he signed with Greek football team, Panionios FC for a year-long deal and is currently playing for AEK Athens who he signed a six-month contract with the club in 2017. Masoud Shojaei is a professional football player who plays as an attacking midfielder but can switch to the winger and forward if needed. In 2019, 4 years after his divorce was finalized, he tied the knot for a second time. Mr. Shojaee, while acting as president of Shoma and Greens, had used Shoma's assets for personal gain and usurped Shoma's business opportunities for another business he controlled. Who is Fantasia's husband? He appeared in 101 matches for Osasuna from 2008 to 2013. As of 2019, Masoud Shojaei has an estimated net worth around $1 million, including his income and assets. Shojaee bought the 7-acre tract at 9400 Northwest 41st Street for about $8.5 million in 2014 and borrowed $70 million to build the project in 2019, according to the lawsuit. She has accrued thousands of followers on Instagram. Real estate agent based in Miami, Masoud Shojaee, has wowed women after gifting his wife Steph a private jet In a video that has gone viral, the billionaire opens the door for blindfolded Steph, walks onto a red mat which is written her name, before removing the scarf covering her eyes He has an estimated net worth of $100 million. Posts. Masoud develops many properties, from high-rise apartment condos to commercial buildings. CAKEGATE 2023: Bad Bunny's Restaurant Accused of Gobbling Birthday Girl's Cake, Neighborhood Nazi Jon Minadeo Peddles Hate by the Minute, Gator Gets in on the Action at Tampa Bay Horse Race, Sen. Rubio's Permanent Daylight Savings Bill Sees Light of Day Once More, NFL Legend Ray Lewis Joins World Jai-Alai League Board of Directors, Affordable New "Micro-Units" Slated for Little River, Edgewater. First arriving in Miami Florida august of 1978, Mr. Shojaee had a group of friends that urged him to try The University of Miami rather than going to UCLA as he had originally planned. Read Also: Alexander Shunnarah Net Worth: Biography, Career 2022 (Updated). 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. In the IRS view Mr. Lamas had not been "materially participating" in the entities that flowed through losses that created the net operating loss. I focus on the tax issues of individuals, businesses & more, Beyoncs World Tour And Millennial 401(k)s Is A Teachable Moment, Senators Propose Significant Charitable Deduction For Non-Itemizers, Name, Image And Likeness: After The Gold Rush, 8 Lessons For George Harrisons 80th Birthday, Shipwrecked Whiskey May Be Worth $871 Million And The IRS Taxes It, How Alex Murdaugh Opened The Door For Convictions On Financial And Tax Crime Charges, Name, Image And Likeness: Currently Masoud Shojaee net worth is around $5-6 million. Known for his keen eye for potential, Masoud gained recognition throughout the 90s and early 2000s for his prescient developments in the Doral and Hialeah areas, helping boost the regions into functional communities and cities and gaining Masoud the moniker . But, the workhorses of the typical real estate transaction are the people that coordinate the processthe real estate agents such Masoud Shojaee. Privacy Policy Shojaee purchased 237 lots on Northwest 6th Street and 132nd Avenue for nearly $9 million, and developed homes on the property. Post-event reconstructions, sometimes referred to as "ballpark guesstimates" are usually scorned by the Tax Court. He was also awarded the Future Sharks businessman of the year in 2018. As a result, he furthered his studies, obtaining a master's degree and taking additional classes towards a PhD. Stephanie is Shojaee's second wife. 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. She came into the spotlight after marriage with Miami-based billionaire Masoud Shojaee. Working closely with one another across Shoma Group's operations, Stephanie and Masoud have become a tour de force power couple that's leading the U.S. real estate industry, balancing out each other's respective strengths to run the well-oiled machine that is the Shoma Group of today. $1 million USD. Read Also:Rick Beato Net Worth: Wife, Family, Income, Earnings He is the current chief executive officer of Shoma Group, a real estate company in Miami. Shoma Group 10 years 1 month President Mar 2022 - Present11 months President Mar 2022 - Present11 months Vice President & Chief Marketing Officer Jan 2021 - Present2 years 1 month Chief Marketing. The private jet had white and red exteriors, the carpet was red and custom made in Stephanie's name. Shojaee founded Shoma Group in 1988. Aside from real estate, Shojaee has dabbled in the aviation industry. Masoud Shojaees goal from the very beginning of Shomas creation was to create value in every development and his approach has paid off. To start his business, he partnered with another real estate development company, A&F Developers, their first project was a 48-home property. Masoud Shojaee (born 3 August 1959 Tehran, Iran) is an American philanthropist, entrepreneur, CEO and Chairman of the Board of Shoma Group which is a real estate development company based in Miami specializing in residential and commercial projects. He chose to invest in real estate industry. Be the first to get hottest news from our Editor-in-Chief, Check your email and confirm your subscription. For six years, this lawsuit in. During this time, Shojaee was actually famous for taking a helicopter to and from all of his properties, never using a car. He openly supports causes like the Iranian Green Movement, lifting the ban on women in Iran in the stadium. Anne Marie Morin Net Worth: Biography, Early Life, Boyfriend & More Latest Update [2023]. TC Memo 2015-59 Jose A. Lamas And Maria E. Lamas v Commissioner of Internal Revenue. Tuko.co.ke shared an interesting article about Miguel Cabrera. The group is a real estate development company which is based Thursday, February 2 2023 Masoud Shojaee is one of the most prolific figures in the Miami real estate scene. 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. He has played alongside Iranian legends and greats like Ali Daei and players such as Alireza Haghighi and Ehsan Hajsafi in the FIFA World Cup tournaments for Iran. Masoud Shojaee is a testament to how hard work and perseverance can pay off. Stephanie Shojaee net worth is around $1.5 million. This case correctly concludes that they are all part of the same development business. Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! The city is also the headquarters of his real estate company. Stephanie Shojaee President of @shomagroup Owner of @shomabazaar Happy wife to @mrmasoudshojaee Mom to Pebbles. Sergio Carrallo Net Worth 2023: Biography, Wife & How Much Money Make? Masoud Shojaei is a famous Soccer Player, born on June 9, 1984 in Iran. Terms of Use. After his stint with Al Shahania Sports Club, he joined Al Gharafa Sports Club for $ 1 million in 2015. First arriving in Miami Florida august of 1978, Mr. Shojaee had a group of friends that urged him to try The University of Miami rather than going to UCLA as he had originally planned. Unfortunately, there are no exact figures for Shojaee's salary. She completed her education in a private college in the United States. Know more about the talented man in the following lines. Stephanie Mejia Shojaee Net Worth Stephanie extended her fan base on social media platforms, especially on Instagram. The couple were married in 1984 and started Shoma Group together. Yes Shojaees two daughters, Anneliese Shojaee and Lilibet Shojaee, both work with their father in real estate companies. She has accrued thousands of followers on Instagram. Finally, Mr. Shojaee took a business opportunity away from Shoma. Located at 3650 Bird Road, the parcel sits adjacent to South Dixie Highway, less than three miles from the University of Miami . Shojaee, who is widely regarded as the "King of Doral," played a significant role in the growth of the city by being one of the first to recognise and invest in it when it was still a warehouse district in the 1990s and early 2000s. Stephanie's current net worth is approx. Stephanie Shojaee, who joined Coral Gables-based Shoma in 2013 as chief marketing officer, eventually plans to expand Shoma in the U.S. and parts of. The real estate mogul has two daughters, Anelise Shojaee (31 years) and Lilibet Shojaee (28 years). Where is he from? Chateau Artisan, a Miami castle designed by architect Charles Sieger, housed the Dwyane Wade-Gabrielle Union wedding extravaganza back in 2014. He was born in Tehran, Iran, but moved to the United States for his college before settling in the country permanently. lovely model and CEO is 37 years old Occasionally, he still buys and sells aeroplanes, but his main focus is on his real estate empire. The taxpayer win in this case is encouraging and you really have to wonder why the IRS pushed it so far. In February 2017, Masoud listed his Moroccan-style estate in Coral Gables for $15.9 million. Stephanie Shojaee Net Worth: Income, Salary, Earnings, Biography & How much money make? Shojaee was born in Tehran, Iran on . 138 following. "Once I stayed here in Miami, it felt like home; now my kids have Master's Degrees from UM as well" said Shojaee. Your email address will not be published. Stephanies current net worth is approx. The Image . What is Masoud Shojaees net worth? He made his debut as well scoring his first goal for the side in the same against CE Sabadell FC. He is an Iranian international player and currently playing for Persian Gulf Pro League side Tractor Sazi F.C. He became one of the most sought-after baseball candidates in South America while still a teenager. Shoma Development changed their strategy in 2007 with the changing market trends. Image Credit - Instagram. He shows up as one of the backers of the 2009 coupthat ousted President Maneul Zelaya. Holland & Knight could not resist patting itself on the back for the win. Masoud Shojaee, president and chairman of Shoma Group. Continental provided mortgages for many south Florida More details about Masoud Shojaee will be shared soon. At trial Mr. Lamas had ten witnesses that supported his material participation. READ THIS NEXT: What is Ricardo Lugos net worth? The take-away from this case is that it would have been a really good idea for Mr. Lamas to have kept a contemporaneous log of his activities on behalf of Shoma. Masoud works as the CEO and Board chairman of the company. Masoud Shojaee and his wife Maria, both 46 years old, incorporated Shoma Development Corporation in 1988. What gift did Masoud Shojaee give to his wife? . Shoma Development changed tactics in 2007 after noticing changing market trends. Updated: Miamis $800M signature bridge project chosen amid major controversy. The tactic worked, and the company became very successful. He owns about 3 Private Jets , He is about 63 Years Of Age. He is the CEO of the Shoma Group. The Groups focus back then was on building single-family homes in South Florida. Masoud Shojaee is a famed Iranian American businessman and served as the CEO of the Shoma Group. This project was successful and completely sold, leading to a second 58 lot development project. Who are Masoud Shojaee's children? Stephanie Shojaee is the wife of the president and chairman of the board of Shoma Group, Masoud Shojaee. Recently, she got a private jet as a Christmas gift from her husband which made a headline on social media platforms. Unfortunately, there is no exact figure of Masoud Shojaees salary. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. 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. His company in Honduras ( Jose Lamas S. de R.L) appearsin reports by environmental activists as logging illegally with the logs passing through Miami based Aljoma Lumber (which was sold to Universal Forest Products in 2007 for $53.5 million). Shoma Group Sells Sanctuary at Doral 226-Unit Multifamily For $102.5 Million October 18, 2021 The Coral Gables-based Shoma Group, led by Masoud and Stephanie Shojaee, have sold their recently completed Sanctuary at Doral multifamily apartment building for $102.5 million to the Denver-based Avanti Group. His Current Net Worth is Valued at $61 Billion. Shojaee Masoud, Masoud Shohjaee, Maasoud Shoiaee and Masoud L Shojaee are some of the alias or nicknames that Masoud has used. Where did Masoud Shojaee go to college? The Passive Activity Loss Rules (Code Section 469) spawn quite a bit of tax litigation, with taxpayers generally losing. You are already subscribed to our newsletter! Verified. Jose Senior had funded businesses for each of his three children, giving one child a controlling stake in each business and minority stakes in the other two. Her body measurements are around 34-28-36. He scored his first club goal for AEK against AEL Football Club on March 1, 2018. He was likely meant to succeed his father, but trouble started brewing in the 1970s due to strikes and growing public unrest. They both work with their father in his real estate company. Using the IRS as a weapon in a business dispute is, well, not good business. (Stephanie Shojaee age) How old is Steph Shojaee? After the success of the first two projects, Masoud Shojaee started out on his own, founding the real estate company Shoma Development in 1988. The company continued to expand its reach and began developing properties in areas such as Broward, Palm Beach and other areas of South Florida. The Shoma Group will convert a car dealership near Miami's Coconut Grove neighborhood into a residential development. Masoud Shojaeiwas to born to Iranian parent, Mohammad Reza Shojaei, and motheron 9 June 1984 in Shiraz, Iran. She came into the spotlight after marriage with Miami-based billionaire Masoud Sh. Noah Reid: sexuality, partner, net worth, movies and TV shows. The price dropped to $12.9 million in August 2017. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Harry Knowles Net Worth | Wife (Patricia Cho Jones), Phoebe Combes Net Worth | Biography & Age. He later signed a three-year contract with the Spanish club, CA Osasuna in the summer of 2008 and was sold to the Spanish side by Al Sharjah SC for $ 7.39 million that later on went to reduced to $ 4.31million during his end of the stay. [1][2] Masoud Shojaee was awarded with Future Sharks entrepreneur of the year award in 2018 . As a Christmas gift, the photo of which, Stephanie shared on her Instagram account and Masoud received a lot of praise from his fans for being a romantic gentleman. Miranda Cohen Net Worth: Biography, Fitness, Age, Height & Weight [2023]. Building value into every development has been the goal from Masoud Shojaees first days in creating Shoma and his approach has paid off. Appreciating her gift, one of her Instagram fans wrote Im dying how are you now. Besides this, Stephanie is a real estate agent and President of Shoma Classification. But, as CEO of Shoma Group, a company with annual revenue approaching $250 million, his earnings are quite significant. That meant Shoma could build an extra 55 units, bringing the number of units to 237, a 30 percent increase. Enter your Email address to Subscribe They are both children of Masouds Ex-wife, Maria Lamas. 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. It would be easy to think that Masoud Shojaee achieved his place at the pinnacle of South Florida real estate development on his ownbut he had a partner on his way to the top. Stephanie extended her fan base on social media platforms, especially on Instagram. Under Stephanies leadership, the firm had seen profits increase by 30% and boosted the companys gender diversity. Today it is one of South Florida's preeminent residential. independent local journalism in Miami. However, Mr. Shojaee doesnt rest on past success, he continues to develop and refine his approach based on his depth of understanding of the markets and his desire to create projects that inspire excitement and new ways to improve the environments we live in. On 18th December 2021 , Her husband Masoud Shojaee Gifted her a Private Jet. Join the New Times community and help support His net worth is estimated to be at least $61 million. Before marrying Stephanie, Shojaee was married to Maria Lamas. This case is good news for developers, as this structure is common in that business: a permanent S corporation sets up new LLCs for each development project. Stephanie Shojaee, president of Shoma Group and wife of Masoud Shojaee, was already suing an agent in Miami who called her a "gold digger." But, as CEO of Shoma Group, a company with annual revenue approaching $250 million, his earnings are quite significant. Shojaee has made approximately $300 million from the sales of a number of his Doral projects since 2015. What does Masoud Shojaee do? Read Also: Pnuff Crunch Net Worth: The Biography of a Wealthy Businessman. He owns about 3 Private Jets , He is about 63 Years Of Age. masoud shojaee wedding. Click 'See First' under 'Follow' Tab to see Tuko.co.ke news on your FB Feed.