What Is Ryan Serhant’s Net Worth?
Ryan Serhant, a multifaceted American personality, boasts a net worth of $40 million. This substantial wealth is a result of his successful ventures as an actor, real estate agent, reality television star, and author.
Early Career and Transition to Real Estate
Serhant’s professional journey began in the acting world. From 2007 to 2008, he played the role of Evan Walsh in 19 episodes of the soap opera “As the World Turns.” While pursuing acting in New York City, Serhant supplemented his income through stock photo shoots. After his acting career slowed, he transitioned to hand modeling before venturing into real estate, a move that would significantly shape his financial future.
Real Estate Success and “Million Dollar Listing New York”
Serhant entered the real estate market in 2008, a challenging period following the collapse of the subprime mortgage industry. His initial year in real estate yielded a modest income of $9,000. However, his perseverance paid off, and he secured a significant sale of an $8.5 million property. He rose through the ranks at Nest Seekers International, eventually becoming managing director and executive vice president. In 2012, he founded the Serhant Team, a brokerage group encompassing over 60 employees across New York City, Los Angeles, Miami, New Jersey, and the Hamptons.
The Serhant Team has reportedly achieved over $4 billion in sales, successfully marketed more than 80 new development projects spanning New York, Los Angeles, and Miami, and established record-breaking price-per-square-foot transactions across New York City.
In 2012, Serhant’s career reached new heights when he began starring in Bravo’s “Million Dollar Listing New York” alongside fellow real estate agents Michael Lorber and Fredrik Eklund. The show documented their pursuit of exclusive deals across New York City. In 2018, he launched the spin-off “Sell It Like Serhant,” further expanding his presence in the reality television landscape.
SERHANT. Real Estate Firm and Notable Sales
In the fall of 2020, Serhant established his own real estate firm, SERHANT. Some of the firm’s notable transactions include a $33 million Miami penthouse and a $69 million home on Madison Avenue in New York City. These high-profile sales underscore the firm’s success and Serhant’s influence in the luxury real estate market.
Serhant’s real estate sales course, “Sell It Like Serhant: The Course,” generated over $100,000 per day upon its launch in 2019, making it the most commercially successful real estate course ever.
Author and Serhant Media Group
Serhant is also an author, having penned “Sell It Like Serhant: How to Sell More, Earn More, and Become the Ultimate Sales Machine” (2018) and “Big Money Energy” (2021). These books offer insights into his sales strategies and business philosophy.
In 2018, Serhant founded Serhant Media Group, further diversifying his business interests.
Early Life and Education
Ryan Matthew Serhant was born on July 2, 1984, in Houston, Texas. He spent his formative years in Topsfield, Massachusetts. His father, the Vice Chairman of State Street Global Advisors, instilled in him the value of hard work by paying him and his younger brother, Jack, $1.50 per hour to gather firewood and sell it to their neighbors.
Serhant attended the Pingree School and spent summers at the Perry-Mansfield Performing Arts School & Camp in Steamboat Springs, Colorado. He later enrolled at Hamilton College, where he joined the Delta Kappa Epsilon fraternity and earned degrees in theatre and English literature in 2006.
Acting Career Details
Beyond his role in “As the World Turns,” Serhant’s acting credits include appearances in the films “Withdrawal” (2010) and “While We’re Young” (2015), as well as guest roles in the television series “The Mysteries of Laura” (2015) and “Inside Amy Schumer” (2016). He also hosted, produced, and directed the 2013 web series “Realty Byte with Ryan Serhant.”
Personal Life and Real Estate Holdings
In September 2014, Serhant proposed to lawyer Emilia Bechrakis in Times Square. They married in Greece on July 7, 2016, and their wedding was documented in the four-part series “Million Dollar Listing New York: Ryan’s Wedding.” The couple has a daughter, Zena, born on February 26, 2019, and their IVF journey was chronicled on season seven of “Million Dollar Listing New York.”
In 2018, Serhant purchased a 7,670 square foot townhouse in Brooklyn for $7.6 million. The property, previously owned by author Jonathan Safran Foer, features eight bedrooms, 12-foot ceilings, exposed brick, and a 26-foot-long master bedroom closet.