What Is Michael Darby Net Worth
Michael Darby, an Australian-American real estate mogul, has amassed a considerable fortune throughout his career. As of 2024, Michael Darby’s net worth is estimated to be $20 million. This wealth is primarily attributed to his success in the real estate business, particularly as the principal and co-founder of Monument Realty in Washington, D.C., and supplemented by his appearances on reality television.
Monument Realty and Real Estate Ventures
In 1998, Michael Darby co-founded Monument Realty, a privately held mixed-use real estate development and operating company headquartered in Washington, D.C. Since its inception, Monument Realty has developed over 6.5 million square feet of real estate. Some of Monument Realty’s notable projects include Columbia Center, Half Street, The Odyssey Condominium, and Franklin Square North. The Odyssey, a 274-home luxury condominium project near the Courthouse Metro, is one of the best condominium projects in Northern Virginia, earning the award for the best Mid-Atlantic Condominium Project from Delta Associates. Monument Realty also developed SoNYa, a 321-unit mixed-use apartment community in the South of New York Avenue District of NoMa. Previously, Darby held the position of vice president at Alkridge and played a key role at CarrAmerica, where he directed the development of properties such as the Southern Railway Building and the Willard Hotel. He has been active in the Washington region’s construction and development industry for a quarter of a century.
Reality TV and Other Ventures
Michael Darby is featured on the Bravo reality television series “The Real Housewives of Potomac.” While the exact salary he earns from the show is not publicly known, new entrants on similar “Real Housewives” franchises typically start around $60,000 per season. Salaries can increase significantly for subsequent seasons, potentially reaching $120,000 in the second year and ranging from $300,000 to $500,000 for later seasons. He also earns from his success in the real estate business. His ex-wife Ashley Darby joined The Real Housewives of Potomac during the first season of the show and has a net worth of $5 million. In Season 7 of The Real Housewives of Potomac, Ashley Darby disclosed plans to buy a new house with her ex-husband, Michael Darby, where she would live with their two children, Dean and Dylan. Despite the ongoing divorce and concerns from friends and castmates, Ashley Darby proceeded with the purchase of a $2.2 million, four-bedroom, home with Michael Darby.