David Parnes Net Worth (Updated 2026).
David Parnes, born and raised in London, began his career in real estate at a young age, demonstrating an early aptitude for the industry. After graduating from the University of London with a degree in Economics, he moved to Los Angeles in 2005, where he joined Hilton & Hyland, one of the city’s premier real estate brokerages.
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David Parnes’ Current Net Worth (2025)
As of 2025, David Parnes’ current net worth is estimated to be around $300 million. This significant wealth accumulation is primarily attributed to his successful career in real estate and investments.
Career
David Parnes is a prominent figure in the real estate industry, co-founding the luxury real estate brokerage, The Agency, in 2010. He has consistently ranked among the top real estate agents in the United States, with numerous high-profile sales to his credit. His expertise lies in representing high-net-worth individuals in the purchase and sale of luxury properties.
Other Ventures
In addition to his real estate pursuits, Parnes has ventured into other businesses. He is a co-founder of the luxury real estate development company, Parnes Homes. He has also invested in various tech startups and has been involved in philanthropic endeavors, including the David Parnes Foundation, which supports children’s education and health initiatives.
Assets
Parnes’ asset portfolio includes prime real estate properties across the United States, particularly in Beverly Hills, Bel Air, and Malibu. He also owns a significant stake in The Agency, which has expanded to multiple locations across the country. His investment portfolio includes stakes in various successful businesses and tech startups.
Annual Income
David Parnes’ annual income is estimated to be around $20 million. This substantial income is primarily generated from his real estate sales and investments. His income also includes earnings from his development company, Parnes Homes, and his investments in other businesses.
Frequently Asked Questions about David Parnes
**Frequently Asked Questions: David Parnes Net Worth**
1. What is David Parnes’ net worth?
David Parnes’ net worth is estimated to be around $50 million.
2. How did David Parnes make his fortune?
David Parnes, along with his business partner James Harris, co-founded The Agency, a real estate brokerage firm. They have sold some of the most expensive properties in Los Angeles and have a significant presence in the luxury real estate market.
3. Where is David Parnes from?
David Parnes was born in London, England.
4. When did David Parnes move to the United States?
David Parnes moved to the United States in 2005.
5. Did David Parnes appear on any TV shows?
Yes, David Parnes and his business partner James Harris appeared on the Bravo TV show “Million Dollar Listing Los Angeles” from 2013 to 2018.
6. What is David Parnes’ role at The Agency?
David Parnes serves as the President of The Agency. He co-founded the company with James Harris in 2011.
7. How many offices does The Agency have?
As of 2021, The Agency has offices in Los Angeles, Beverly Hills, Malibu, Santa Monica, and other locations in the United States, as well as international offices in Canada and Mexico.
8. What is David Parnes’ educational background?
David Parnes graduated from the University of Manchester with a degree in Economics.
9. Is David Parnes married?
Yes, David Parnes is married to Adrian Parker, a real estate agent who also appears on “Million Dollar Listing Los Angeles”.
10. Does David Parnes have any children?
Yes, David Parnes and his wife Adrian have two children together.
