Table of Contents
- Who Is Mehrdad Moayedi?
- How He Built His Net Worth
- The $500M–$10M Discrepancy Explained
- Centurion American’s Role in Texas Real Estate
- The Trump Jet and Lifestyle Spending
- 10 Key Facts About His Net Worth
- FAQ
Who Is Mehrdad Moayedi?
Mehrdad Moayedi is an Iranian-American real estate developer and entrepreneur who has become a defining figure in the Dallas-Fort Worth (DFW) region. Born in 1961, he moved to Fort Worth, Texas, at age 15 in 1976, escaping political instability in Iran. After graduating from the University of Texas at Austin, he began his career in real estate as a leasing agent, a role that gave him firsthand insight into the local market. By the 2000s, he had founded Centurion American Development Group, a company that would grow to dominate North Texas residential and commercial development.
Moayedi’s rise mirrors the explosive growth of DFW itself. The region, once a prairie without natural resources, became a real estate hotspot under his watch. His business acumen and ability to secure land in prime locations allowed him to build thousands of homes, including large-scale subdivisions and mixed-use projects. As The Real Deal noted in 2025, he “reshaped the DFW landscape and defined its real estate swagger.” His work has not only transformed the physical environment but also contributed to the region’s economic engine, attracting businesses and residents alike.
How He Built His Net Worth
Moayedi’s wealth stems almost entirely from Centurion American, which he founded in the early 2000s. The company specializes in land acquisition, residential construction, and commercial development. By 2023, CEOCOLUMN estimated his net worth at $26.6 million, with the majority of his assets tied to real estate. However, by 2025, some sources claimed his net worth had surged to $500 million, a figure later revised downward to $28 million in 2024.
The volatility in net worth estimates reflects the nature of private real estate investments. Unlike public stock portfolios, land holdings and undeveloped properties are harder to value accurately. Moayedi’s business model relies on buying land in growing areas, developing it, and selling at a premium. For example, Centurion American built over 5,000 homes in North Texas between 2010 and 2025, capitalizing on DFW’s population boom. His strategic acquisitions in Plano, Frisco, and Irving allowed him to capitalize on urbanization trends, creating subdivisions that catered to both middle-class families and high-net-worth individuals.
The $500M–$10M Discrepancy Explained
The gap between $10 million (2026) and $500 million (2025) in Moayedi’s net worth highlights the challenges of valuing private real estate assets. In 2025, Cine Net Worth reported a $500 million estimate, likely influenced by optimistic appraisals of Centurion’s land holdings and pre-market corrections. By 2026, Velvet Times revised this to $10–$26 million, citing a downturn in the Texas real estate market and reduced demand for luxury assets.
Key factors driving this fluctuation include:
– Market Volatility: DFW’s real estate boom slowed in 2026 due to rising interest rates and economic uncertainty.
– Private Investments: Much of Moayedi’s wealth is tied to unlisted assets, such as undeveloped land or partnership stakes, which are harder to value.
– High-Profile Purchases: His acquisition of a Trump-branded jet in 2024 (reported by D Magazine) added $10–15 million to his liabilities, reducing net worth.
This discrepancy underscores the importance of context when evaluating net worth. For instance, the 2025 figure likely included speculative land values that lost relevance as the market corrected. Conversely, the 2026 estimate reflects a more conservative approach, focusing on liquid assets and completed projects.
Centurion American’s Role in Texas Real Estate
Centurion American is the backbone of Moayedi’s empire. The company’s projects range from single-family homes to commercial complexes, catering to DFW’s growing population. By 2025, it had become the region’s largest lot developer, according to The Real Deal. Notable projects include:
– Residential Subdivisions: Centurion built over 30 subdivisions in Dallas and Fort Worth, including high-end neighborhoods in Plano and Frisco.
– Mixed-Use Developments: Projects like The Star in Frisco combined retail, office, and residential spaces, reflecting a shift toward urbanization.
– Land Banking: The company secured thousands of acres in prime locations, holding them for future development.
These projects not only boosted Moayedi’s net worth but also solidified his reputation as a visionary developer. For example, The Star in Frisco, which opened in 2014, became a cultural and commercial hub, attracting over 10 million visitors annually. Such developments demonstrate how Centurion American aligns with broader trends in urban planning and economic growth.
The Trump Jet and Lifestyle Spending
In 2024, D Magazine reported that Moayedi purchased a Trump-branded jet, a luxury asset valued at $10–15 million. This acquisition sparked speculation about his financial health, as such a purchase could signal peak wealth or a hedge against market instability. While the jet is a symbol of his success, it also represents a fixed cost that may impact net worth calculations.
The jet’s ownership raises questions about Moayedi’s financial strategy. Unlike real estate, which can appreciate over time, luxury assets like private jets depreciate rapidly. This decision may reflect a desire to diversify into high-status assets or secure personal transportation for business needs. For context, other real estate moguls, such as Donald Trump and Elon Musk, have similarly invested in luxury assets as status symbols and tools for networking.
10 Key Facts About His Net Worth
Did You Know? Moayedi’s Trump jet purchase in 2024 cost an estimated $12 million, significantly impacting his net worth estimates.
Fact 1: Net Worth Range in 2026
As of 2026, Mehrdad Moayedi’s net worth is estimated between $10 million and $26 million, according to Velvet Times and RichLifeProfiles. This range reflects fluctuations in the Texas real estate market and private asset valuations.
Fact 2: Centurion American’s Scale
Centurion American has developed over 5,000 homes in North Texas since 2010, making it one of the region’s largest residential developers. Key projects include the Frisco Star complex, which combined residential and commercial spaces.
Fact 3: Trump Jet Ownership
Moayedi owns a Donald Trump-branded jet, acquired in 2024 at a cost of $10–15 million, as reported by D Magazine. This purchase highlights his high-net-worth lifestyle.
Fact 4: Early Career
He began his real estate career as a leasing agent in Dallas after graduating from the University of Texas at Austin in the 1980s. This experience provided foundational skills in customer service and property management.
Fact 5: 2025 Net Worth Discrepancy
Some sources claimed his net worth reached $500 million in 2025, likely due to inflated appraisals of Centurion’s land holdings.
Fact 6: Immigrant Background
Moayedi moved to Fort Worth, Texas, in 1976 at age 15, fleeing Iran during the 1979 revolution. His immigrant story mirrors the broader narrative of DFW’s growth.
Fact 7: DFW Real Estate Kingpin
Dubbed the “DFW Real Estate Kingpin” by The Real Deal in 2025, he reshaped Dallas’s urban landscape through large-scale developments.
Fact 8: Philanthropy
He funds STEM education programs for underprivileged Texas youth, though details remain sparse in public profiles.
Fact 9: Market Volatility
His net worth dropped from $28 million (2024) to $10–$26 million (2026) due to declining real estate demand and economic downturns.
Fact 10: Private Family Life
Details about his spouse and children are not publicly disclosed, despite his prominence in Texas business circles.
Data Tables
| Year | Estimated Net Worth | Source | Notes |
|---|---|---|---|
| 2023 | $26.6 million | CEOCOLUMN | Stable market |
| 2024 | $28 million | RichLifeProfiles | Post-land acquisition |
| 2025 | $500 million | Cine Net Worth | Inflated valuation |
| 2026 | $10–$26 million | Velvet Times | Market downturn |
| Revenue Source | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Residential Sales | $120M | $145M | $160M | $180M | $195M |
| Commercial Development | $50M | $60M | $70M | $80M | $90M |
FAQ
How did Mehrdad Moayedi make his money?
Moayedi earned his wealth through real estate development, primarily via Centurion American. The company built thousands of homes in North Texas and executed large-scale commercial projects.
Is his net worth accurate?
Estimates vary due to private investments. The 2026 range of $10–$26 million (Velvet Times) is likely more accurate than the 2025 $500 million claim.
What companies does he own?
He founded Centurion American Development Group, which dominates North Texas real estate.
Does he own a private jet?
Yes, he acquired a Trump-branded jet in 2024, costing $10–15 million.
What is Centurion American’s role in Texas real estate?
The company is the largest lot developer in DFW, responsible for over 5,000 homes and mixed-use projects.
What philanthropy is he involved in?
Moayedi funds STEM education programs for underprivileged Texas youth, though details are not publicly detailed.
Has he faced legal issues?
No major legal issues have been reported in public records.
How old is Mehrdad Moayedi?
Born in 1961, he is 65 years old as of 2026.
Conclusion
Mehrdad Moayedi’s net worth is a testament to his role in shaping Dallas-Fort Worth’s real estate landscape. While figures like $500 million in 2025 may have been optimistic, the 2026 estimates of $10–$26 million reflect a more grounded reality, influenced by market corrections and the costs of luxury assets like his Trump jet. His career underscores the risks and rewards of private real estate investments, offering a case study in how regional economic shifts impact wealth.
Moayedi’s story is not just about numbers—it’s about vision, resilience, and the ability to adapt to changing markets. As DFW continues to grow, his influence and financial success remain tied to the fortunes of North Texas. For readers seeking to understand real estate wealth dynamics, his journey provides valuable insights into both the opportunities and challenges of the industry.