Manny Mashouf
Manny Mashouf | |
|---|---|
 | |
| Born | Manoucher Mashouf[1] 1938 (age 85–86) |
| Nationality | Iranian,American |
| Occupation(s) | Businessman, fashion designer, philanthropist |
| Known for | FoundingBebe Storesand Chairman |
| Spouse | Neda Nobari (married 1984–2006; divorced) |
| Children | 2 |
Manoucher "Manny" Mashouf(Persian:مانی مشعوف,born 1938) is anIranian-Americanbusinessman and philanthropist known for foundingBebe Stores.
Early life and education
[edit]Born in 1938 inPahlavi Iran,he came to theUnited Statesin his teens and settled first inWashington D.C.,then inSan Francisco.He attendedSan Francisco State University(SFSU) and graduated in 1966 with apolitical sciencedegree.[2]
Career
[edit]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 ofBebe storesand 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 withGiovanni AgnelliandScott Bloom,they founded the production companyArgonaut Picturesin 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
[edit]In 2005 Mashouf pledged $10 million to hisalma 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
[edit]In 1984, he married Neda Mashouf (néeNobari, 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 inBel–Airin Los Angeles for $30 million USD.[15]
See also
[edit]- List of California State University, Fresno people
- List of San Francisco State University people
- List of fashion designers
References
[edit]- ^https:// encyclopedia /journals/culture-magazines/mashouf-manny#:~:text=B%20orn%20Manoucher%20Mashouf%2C%20c,San%20Francisco%20State%20University%2C%201966[bare URL]
- ^"Alumni donate to SFSU".East Bay Times.2005-06-03.Retrieved2022-07-10.
- ^"Manny Mashouf".iranians.kodoom /en. Archived fromthe originalon 23 November 2016.Retrieved22 November2016.
- ^ab"#242 Manny Mashouf & family",Forbes,2006,retrievedApril 23,2017
- ^"The World's Billionaires #754 Manny Mashouf & family".Forbes.2007-08-03.Retrieved2007-08-03.
- ^Hayes, Dade (September 5, 2008)."Equity players enter risky film sector: Argonaut, Barbarian, Social have different mandates".Variety magazine.Archived fromthe originalon 2008-09-15.Retrieved2022-07-10.
- ^Bebe Founder Manny Mashouf Sells 59 Percent Stake,ubmfashion, 2015, archived fromthe originalon 2017-04-24
- ^"Bebe Plans to Shut Its Stores and Focus on Web Sales".bloomberg.21 March 2017.
- ^abSan Francisco State Receives $10 Million for New Arts Center,Philanthropy News Digest, June 7, 2005,retrievedApril 23,2017
- ^Barba, Michael (April 22, 2017)."Founder of Closing Bebe Stores had Philanthropic Ties to State".San Francisco Examiner.RetrievedApril 24,2017.
- ^"Manny Mashouf in the California, U.S., Marriage Index, 1960-1985".Ancestry.November 16, 1984.
- ^Barba, Michael (22 April 2017)."Founder of closing Bebe stores has philanthropic ties to SF State".San Francisco Examiner.Retrieved2022-07-10.
- ^"Bebe's Neda Mashouf Resigns".ApparelNews.net.December 1, 2006.Retrieved2022-07-10.
- ^"Celebrity Car: Bebe's top guns".East Valley Tribune.March 21, 2008.Retrieved2022-07-10.
- ^"Off with a bang? L.A. County sees two sales of $30 million or more in early February".Los Angeles Times.2017-02-23.Retrieved2022-07-10.