He first managed a steakhouse in the early 1970's, before founding his own fashion line in 1976.[3]
He was the manager and chairman of Bebe stores and in 1998, he took the company public.[4] In 2006 Mashouf was worth $1.5 billion USD - resulting in Forbes listing him as the 242nd richest American.[4] By 2007 that has dropped to $1.3 billion USD.[5]
It was announced in 2015 that he was to sell his 59% stake in Bebe Stores.[7] All of Bebe's stores were scheduled to close and liquidate inventory by the end of May 2017.[8]
Philanthropy
In 2005 Mashouf pledged $10 million to his alma mater, San Francisco State University for a performing arts center.[9] The donation was later redirected to the construction of the Mashouf Wellness Center.[10]
Personal life
In 1984, he married Neda Mashouf (née Nobari, or Shafigh-Noubari), who later worked as the former vice chairman and manager of merchandise at Bebe.[11][12][9] In 2006, the couple filed for divorce, and Neda resigned from her position at Bebe.[13] Together they had two children, Daria Mashouf and Iman Mashouf.[14]
In 2017, Mashouf sold his home in Bel–Air in Los Angeles for $30 million USD.[15]
