What is James Khuri's net worth? Inside LA millionaire's wealth as son, 17, is charged in Monique Munoz's death
James expanded his business by taking a step in the global market through Amazon, eBay, Walmart and Mercari
Charges have been filed against James Khuri's 17-year-old son accused of killing 32-year-old Monique Munoz in a car crash in February, Munoz’s family said on Wednesday, April 7. Khuri, who is a millionaire entrepreneur, was recently in the news after the identity of the teenager was revealed. Khuri's teenage son was behind the wheels of a Lamborghini that crashed into Munoz’s Lexus reportedly at a speed of 120 miles per hour.
The Lamborghini smashed into the side of Munoz’s car at the intersection of Olympic Boulevard and Overland Avenue in Los Angeles, killing her on the spot. LAPD officers were summoned to the scene of the tragic accident around 5 pm on February 17, 2021, where they discovered that a teenager was behind the accident. According to the Los Angeles County District Attorney's office, charges were filed on Wednesday, April 7, after the investigation came to an end. The office also stated that it cannot release what the charges are until the teenager has been arraigned, which is scheduled for April 23, 2021, in juvenile court.
Khuri drew a lot of criticism for giving his teenage son the $200,000 Lamborghini as a birthday gift in 2020. As reported by us earlier, Khuri raised many eyebrows after Celeb magazine reported: "Sources tell us that there was an incident in Beverly Hills a few days after the accident, and Khuri was surrounded by armed guards. The incident occurred when an unnamed person screamed, "killer!" at Khuri. Khuri allegedly was laughing and joking like nothing was wrong, his behavior nonchalant and disturbing in the wake of the tragedy his family had just days before been embroiled in."
The website also quoted a source who stated that Khuri could be giving a lot of money into internet marketing to build positive searches around his name, as it was pretty clear by the flood of articles on the web dated from late 2020 to early 2021. He has also reportedly spent money cleaning up on the internet so that nothing about this accident pops up in relation to his name.
In response to Munoz's death, Khuri issued an official apology on his Instagram account: “I am aware that the time it is taking me to communicate this has caused further pain for everyone affected. Knowing that this will never do justice for the family of Monique Munoz, I want to apologize to the Munoz family for the tragic loss of their daughter.” He added, “There are no words I can say to alleviate the pain that you are experiencing. And I realize none of my words or actions will be able to bring back your daughter. Still, I want to offer my support in any way you will allow me to. My family and I pray for the Munoz family.”
What is James Khuri's net worth?
James is a millionaire businessman and the CEO of two companies — FJ Holdings and Khuri Enterprises. While the first one is a trading card distributor, the next one is a real estate firm. Soon after completing his MBA from Simon School of Business at University of Rochester, he ventured into real estate. He started buying New York’s medical buildings and apartment buildings in Los Angeles in 2001. It turned out to be a successful venture for him.
After that he started manufacturing and trading branded cards such as Pokemon, Yu-Gi-Oh! and other sports cards. James expanded his business by taking a step in the global market through Amazon, eBay, Walmart and Mercari.
Khuri has earned a big sum from his two businnesses. Though his exact net worth is unknown, ExactNetWorth predicted that he has a fortune worth over $400M by 2021.