Sonny Astani — Astani Enterprises Inc.

Founder and Chairman

THE LATEST: Astani, founder of Beverly Hills-based Astani Enterprises Inc., has acquired and developed more than $2 billion in multifamily buildings and condominiums. The company owns and operates around 5,000 units in Southern California and is developing 1,700 units in downtown, Encino and Koreatown valued at more than $500 million. Astani has also been involved in rebuilding Malibu after the 2018 Woolsey Fire.
BACKGROUND: Astani came to the United States from Iran more than 40 years ago. He attended USC and earned a master’s degree in industrial and systems engineering. He is still involved with USC. He is also a member of the Pacific Council for International Policy and a regular lecturer at UCLA’s extension program.
YEARS ON THE LA500: 4
Return to the 2021 edition of the LA500.