Manny Mashouf

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Manny Mashouf
Born
Manoucher Mashouf[1]

1938 (age 85–86)
NationalityIranian, American
Occupation(s)Businessman, fashion designer, philanthropist
Known forFounding Bebe Stores and Chairman
SpouseNeda Nobari (married 1984–2006; divorced)
Children2

Manoucher "Manny" Mashouf (

Iranian-American businessman and philanthropist known for founding Bebe Stores
.

Early life and education

Born in 1938 in

Washington D.C., then in San Francisco. He attended San Francisco State University (SFSU) and graduated in 1966 with a political science degree.[2]

Career

He first managed a steakhouse in the early 1970's, before founding his own fashion line in 1976.[3]

He was the manager and chairman of

Bebe stores and in 1998, he took the company public.[4] In 2006 Mashouf was worth $1.5 billion USD - resulting in Forbes listing him as the 242nd richest American.[4] By 2007 that has dropped to $1.3 billion USD.[5]

Manny Mashouf partnered with Giovanni Agnelli and Scott Bloom, they founded the production company Argonaut Pictures in 2007.[6]

It was announced in 2015 that he was to sell his 59% stake in Bebe Stores.[7] All of Bebe's stores were scheduled to close and liquidate inventory by the end of May 2017.[8]

Philanthropy

In 2005 Mashouf pledged $10 million to his alma mater, San Francisco State University for a performing arts center.[9] The donation was later redirected to the construction of the Mashouf Wellness Center.[10]

Personal life

In 1984, he married Neda Mashouf (née Nobari, or Shafigh-Noubari), who later worked as the former vice chairman and manager of merchandise at Bebe.[11][12][9] In 2006, the couple filed for divorce, and Neda resigned from her position at Bebe.[13] Together they had two children, Daria Mashouf and Iman Mashouf.[14]

In 2017, Mashouf sold his home in Bel–Air in Los Angeles for $30 million USD.[15]

See also

References

  1. ^ https://www.encyclopedia.com/journals/culture-magazines/mashouf-manny#:~:text=B%20orn%20Manoucher%20Mashouf%2C%20c,San%20Francisco%20State%20University%2C%201966
  2. ^ "Alumni donate to SFSU". East Bay Times. 2005-06-03. Retrieved 2022-07-10.
  3. ^ "Manny Mashouf". iranians.kodoom.com/en. Archived from the original on 23 November 2016. Retrieved 22 November 2016.
  4. ^ a b "#242 Manny Mashouf & family", Forbes, 2006, retrieved April 23, 2017
  5. ^ "The World's Billionaires #754 Manny Mashouf & family". Forbes. 2007-08-03. Retrieved 2007-08-03.
  6. ^ Hayes, Dade (September 5, 2008). "Equity players enter risky film sector: Argonaut, Barbarian, Social have different mandates". Variety magazine. Archived from the original on 2008-09-15. Retrieved 2022-07-10.
  7. ^ Bebe Founder Manny Mashouf Sells 59 Percent Stake, ubmfashion.com, 2015, archived from the original on 2017-04-24
  8. ^ "Bebe Plans to Shut Its Stores and Focus on Web Sales". bloomberg.com. 21 March 2017.
  9. ^ a b San Francisco State Receives $10 Million for New Arts Center, Philanthropy News Digest, June 7, 2005, retrieved April 23, 2017
  10. ^ Barba, Michael (April 22, 2017). "Founder of Closing Bebe Stores had Philanthropic Ties to State". San Francisco Examiner. Retrieved April 24, 2017.
  11. ^ "Manny Mashouf in the California, U.S., Marriage Index, 1960-1985". Ancestry.com. November 16, 1984.
  12. ^ Barba, Michael (22 April 2017). "Founder of closing Bebe stores has philanthropic ties to SF State". San Francisco Examiner. Retrieved 2022-07-10.
  13. ^ "Bebe's Neda Mashouf Resigns". ApparelNews.net. December 1, 2006. Retrieved 2022-07-10.
  14. ^ "Celebrity Car: Bebe's top guns". East Valley Tribune. March 21, 2008. Retrieved 2022-07-10.
  15. ^ "Off with a bang? L.A. County sees two sales of $30 million or more in early February". Los Angeles Times. 2017-02-23. Retrieved 2022-07-10.

External links