Manouch Moshayedi

Manouch Moshayedi

CEO, MX3 Ventures

WHY: Along with brothers Mike, Mark, owns blocks of real estate along Newport Beach’s Mariner’s Mile, plotting redevelopment. Made first fortune through storage device maker STEC.

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RECENT: Bought handful of waterfront properties along Mariner’s Mile, including the Charter Yachts site, for nearly $15.4M at start of year.

NOTABLE: Avid sailor, owns 100-foot Rio vessel. Won Transpac 50’s Merlin Trophy, awarded to “the fastest monohull without powered performance systems” for famed sailing competition from Long Beach to Honolulu.

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