Michael Darby is an Australian American real estate entrepreneur who is the creator of the company known as Monument Realty. In addition to his work, many people know his wife Ashley Darby who is a part of the cast of the popular reality show The Real Housewives of Potomac. The year 20212 is the date Michael Darby’s net worth is estimated at around $20 million.
Darby was raised living in Melbourne in Australia and continued his education at Melbourne’s University of Melbourne where he earned an undergraduate degree in Construction Engineering and Business Development.
Michael Darby is currently married to Ashley Darby who is well famous for her role on the reality show The Real Housewives of Potomac. The couple engaged after four years of marriage. Despite the fact that they are close to three decades apart in terms of age they’ve been able to work their relationship out.
They also have two sons, known as Dean Michael Darby and Dylan Matthew Darby. Michael is also frequently seen in the reality series with which a lot of viewers from all over the world have been able to recognize the actor.
He also has been a part of the executive board of directors of the DC Building Industry Association. In addition, Michael is part of many charities, among which is his participation with his participation in the Real Estate Games which is an athletic competition helping to raise funds for the Juvenile Diabetes Research Foundation (JDRF).
Michael Darby’s Career
Although he’s native to Australia his professional career has been centered around the Washington region. After gaining invaluable knowledge through his role as vice-president of a company named Elkridge and later, he moved on to work at CarrAmerica and also was involved in major projects.
After having gained knowledge in the field of real estate through various assignments and also completing completed his studies in the area, Michael decided to start his own business known as Monument Realty in 1998. Darby was a major role in the development of the company from the ground up into an enterprise worth millions of dollars throughout the time.
According to the website of the company, it is reported that the company has built more than 6.5 million square feet worth of land during the past two decades since its inception and has raked millions of dollars in revenues from these projects.
The company is now recognized for its knowledge across a wide range of areas in the field of real estate, including retail leasing, financing and asset management, and construction management.
According to the clients, Michael and his firm have worked with in the past, Darby has earned a reputation for his ability to generate value even in difficult situations that would have otherwise been ignored by similar companies. But, he has performed admirably even in these situations, which has earned his company and himself millions throughout the years.
The company is also known for being the first to introduce the concept of building new homes located in the SW Waterfront region in 2002. Since then, numerous others have followed the massive technology boom that happened. Other projects include the renovation of the Southern Railway Building and the Victor Building.
In addition, some of the most important buildings such as The Columbia Center, The Odyssey Condominium along with Half Street have also been constructed with the help of the vision and experience that is possessed by Michael and his firm.
Michael Darby’s Net Worth
At the time of writing, Michael Darby has an estimated net worth of $20 million. The majority of his income comes from real estate transactions as well as the business venture known as Monument Realty.