Ben Shaoul Net Worth (Updated 2025).

Ben Shaoul, a prominent figure in the New York real estate scene, began his career in the late 1990s, initially working for his father’s construction company. Born and raised in New York City, Shaoul’s understanding of the local market and his family’s influence in the industry laid the groundwork for his future success. He honed his skills in construction management and project development, which would later prove invaluable in his own ventures.

In 2002, Shaoul took a significant step towards fame and recognition when he founded Magnum Real Estate Group. With a focus on acquiring, developing, and managing multifamily properties, Magnum quickly established itself as a major player in the New York real estate market. Shaoul’s ability to identify undervalued properties and transform them into high-end, luxury residences earned him a reputation as a savvy investor and developer. His projects, such as the luxury condominium 100 Barrow Street in Greenwich Village, have reshaped the city’s skyline and solidified his status as a prominent figure in the industry.

Ben Shaoul’s Current Net Worth (2025)

As of 2025, Ben Shaoul’s net worth is estimated to be around $1.5 billion. This significant figure is a testament to his successful career in real estate and investments.

Career

Ben Shaoul is a prominent figure in New York City’s real estate scene. He founded Magnum Real Estate Group in 2006, which has since developed and acquired over $3 billion worth of property in the city. Shaoul is known for his aggressive and innovative approach to real estate, often buying distressed properties and transforming them into luxury residences.

Other Ventures

In addition to his real estate endeavors, Shaoul has also ventured into other businesses. He co-founded the restaurant chain The Halal Guys in 2014, which has since expanded to over 100 locations worldwide. Shaoul also has interests in tech startups and has invested in several early-stage companies.

Assets

Shaoul’s real estate portfolio is his most significant asset. This includes luxury apartment buildings in Manhattan, such as the Nolitan and the Kent, as well as commercial properties and land holdings. He also owns a substantial art collection, including works by artists like Andy Warhol and Jean-Michel Basquiat.

Annual Income

Ben Shaoul’s annual income is primarily derived from his real estate investments and developments. While the exact figure can vary year to year, it’s estimated that his annual income is in the tens of millions of dollars. His other ventures, such as The Halal Guys and his tech investments, also contribute to his overall income.

Frequently Asked Questions about  Ben Shaoul

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Frequently Asked Questions about Ben Shaoul

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1. What is Ben Shaoul’s net worth?

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Ben Shaoul’s net worth is estimated to be around $1 billion.

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2. How did Ben Shaoul make his fortune?

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Ben Shaoul made his fortune through real estate development and investment, primarily in New York City.

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3. What is Ben Shaoul’s company called?

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Ben Shaoul is the founder and CEO of Magnum Real Estate Group.

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4. What kind of properties does Ben Shaoul develop?

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Magnum Real Estate Group focuses on developing luxury residential and commercial properties in New York City.

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5. Where was Ben Shaoul born?

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Ben Shaoul was born in Israel and moved to the United States as a teenager.

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6. When did Ben Shaoul start Magnum Real Estate Group?

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Ben Shaoul founded Magnum Real Estate Group in 2008.

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7. What is Ben Shaoul’s educational background?

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Ben Shaoul graduated from the Wharton School of the University of Pennsylvania with a degree in Economics.

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8. Has Ben Shaoul faced any controversies?

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Yes, Ben Shaoul has faced controversies related to his business practices and dealings with tenants.

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9. What is Ben Shaoul’s philanthropic work like?

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Ben Shaoul has been involved in various philanthropic activities, including supporting Jewish causes and educational institutions.

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10. Does Ben Shaoul have any family?

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Ben Shaoul is married and has children, but he keeps his personal life relatively private.