Brett Oppenheim is a name that’s been making waves in the real estate industry for quite some time now. From his beginnings with real estate professionals to co-founding one of the top real estate firms, Brett’s journey is nothing short of inspiring. His rise to fame has been further pushed by his appearances on the popular Netflix series “Selling Sunset.” But, how much is Brett Oppenheim net worth? Find out here, in this article.
But before that, let’s have a glimpse of who actually Brett Oppenheim is.
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Who is Brett Oppenheim?
Born on 12 April 1977 in California, Brett Oppenheim grew up in a family of real estate experts. His father and grandfather, both worked in this industry. Brett attended the University of California. There he earned his degree in Political Science. After graduation, Brett worked in various law firms. And ultimately, he became a part of his family business.
Brett’s love for real estate was in his blood. Hence he quickly rose through the ranks of his family’s business. He became one of the youngest brokers to be appointed a vice president at the firm. Thanks to his skills and dedication. Eventually, he co-founded the Oppenheim Group in 2014 with his brother Jason. It has since become one of the top real estate firms in Los Angeles.
Now, it’s time to dive into Brett’s net worth and explore the sources of his income.
How much is Brett Oppenheim Net Worth?
As of 2023, Brett Oppenheim’s net worth is estimated to be around $50 million. This is an impressive amount, considering his primary profession as a real estate broker. Brett’s income has grown substantially over the years, thanks to his work with Oppenheim Group, which has become one of the top real estate firms in Los Angeles.
Key Points to Know About Brett Oppenheim
Net Worth | $50 million |
Full Name | Brett Oppenheim |
Born | April 12, 1977 |
Birthplace | Palo Alto, California. |
Height | 5 feet 10 inches (178 cm) |
Nationality | American |
Profession | Real Estate broker, Investor, and Entrepreneur |
Social Media |
The Sources and Factors driving Brett Oppenheim Net Worth growth
Brett Oppenheim’s net worth is the result of years of hard work and dedication to his profession. He has amassed this wealth from a variety of sources, aside from just as a real estate agent. Here are the details of each source behind his impressive fortune.
Oppenheim Group: One of the Top Real Estate firms
Brett Oppenheim, along with his twin brother Jason Oppenheim, is the founder of the Oppenheim Group. His brother is also a prominent figure in the same industry. Oppenheim Group is a real estate brokerage firm based in Beverly Hills. It was founded in 2014. The Oppenheim Group has since become one of the most successful real estate firms in LA. It has built a portfolio that includes some of the most luxurious properties in the city.
According to reports, the average yearly wage at The Oppenheim Group is $3.67 million. While it’s for the other working agents in there. So we can assume that Brett gets a huge revenue both as a broker and co-founder of the Group.
Again, Brett has attracted well-known clients thanks to his reputation in the field. Orlando Bloom, Dakota Johnson, and Meryl Streep are among them.
Real Estate Sales of Oppenheim Group
Some of Brett’s notable sales include the historic Hollywood Hills estate. It’s the “Elm Residence,” which was listed at $28.5 million. Brett represented both the buyer and the seller in the deal. It was even one of the most expensive residential sales in Los Angeles at the time. He also brokered the sale of the “Hollywood Castle,” a stunning property listed at $43.9 million.
Additionally, Brett Oppenheim also brokered the sale of the “Hollywood Castle,” which was a stunning property listed at $43.9 million. He was part of the Oppenheim Group team that represented the seller in the deal. The sale was one of the most expensive in Hollywood Hills in 2020.
Again, Brett’s sales record has also boosted his overall net worth. As an agent, he earns a notable commission on each property he sells. With so many high-end deals, Brett has significantly increased his wealth just from these commissions.
His Own Brokerage: Oppenheim Real Estate
Brett started his own real estate firm called “Oppenheim Real Estate.” after leaving OppenheimGroup. The company specializes in the sales of luxury properties and operates in many high-end markets. Brett’s work with his firm has allowed him to expand his business ventures. Also, it has diversified his earnings.
Currently, Brett is working on two development projects. One is a $15 million Santa Monica construction project. The other one is a $25 million home in the well-known “Bird Streets” neighborhood of the Hollywood Hills.
Even though he left The Oppenheim Group, Brett still maintains a friendly relationship with his brother Jason. And the two continue to work together on some projects. Brett is also still a part of the “Selling Sunset” cast and appears on the show.
Netflix series: Selling Sunset
Brett’s appearances on the Netflix series “Selling Sunset” have also played a role in increasing his net worth. The show, which follows the lives of real estate agents in Los Angeles, features Brett as one of the main cast members. His appearances on the show have increased his popularity and given him a platform to showcase his skills as a real estate broker.
Additionally, Brett is currently engaged in his new Netflix series, “Selling the OC,” since 2022. The show is expected to further boost his net worth.
Although the cast members’ exact pay is not made public, it is for sure that they earn a notable amount per episode.
Other Investments
Over the years, Brett has also made several smart investments. And these too have helped raise his net worth. One of his most notable investments was in a startup called Mira. It produces a handheld device to measure a person’s blood pressure, heart rate, and other vital signs.
The startup has since been acquired by Johnson & Johnson. Again, his investment is believed to have yielded significant returns.
FAQ
What is the split at the Oppenheim Group?
In a 2020 interview with CNBC, Brett discussed the Oppenheim Group Commission Split. He revealed that the Oppenheim Group operates on a 70/30 commission split, with the listing agent earning 70% of the commission. While the brokerage firm earns the remaining 30%.
Why did Brett leave The Oppenheim Group?
According to Christine Quinn, Brett has formally left The Oppenheim Group. It is due to open his own brokerage.
Where does Brett Oppenheim work now?
As mentioned above, Brett Oppenheim now runs his own real estate firm called Oppenheim Real Estate. It locates in the Hollywood Hills.
Bottom Line
To sum up, Brett Oppenheim is one of the most booming real estate agents working today. And his impressive wealth reflects his success, both as a real estate broker and entrepreneur. Also, his TV appearances and other ventures have contributed as well to his net worth greatly. With his passion and drive, Brett Oppenheim net worth will only continue to grow in the future.