Michael Darby is an Australian-American real estate entrepreneur and the creator of Monument Realty. Apart from his career, he is most known for being the husband of Ashley Darby, a cast member of the renowned reality show The Real Housewives of Potomac.
Childhood
Darby was born and raised in Melbourne, Australia, and received his bachelor’s degree in Engineering Construction and Business Development from the University of Melbourne.
Career
Despite his Australian roots, he has spent the majority of his professional life in Washington, D.C. After gaining valuable experience as the vice-president of the firm Elkridge, he went on to work at CarrAmerica, where he was involved in big projects.
Michael decided to establish Monument Realty in 1998 after gaining experience in the real estate business through these several ventures and his education in this field. Darby has played a key role in building the company from the bottom up into a multimillion-dollar enterprise.
Today, the company is well-known for its expertise in a variety of real estate fields, including financing, retail leasing, asset management, and construction management. Darby is most well-known among the clients with whom Michael and his firm have worked for being able to provide value even in complex situations that might otherwise have gone unnoticed by other organizations.
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However, he has thrived in similar situations as well, generating millions of dollars for both the company and himself over the years. His firm is also renowned for being the first to pioneer the notion of creating new flats in the SW Waterfront area in 2002, and many other companies have subsequently followed suit as a result of the recent IT-boom.
Two of his notable projects were the renovations of the Southern Railway Building and the Victor Building. In addition, notable structures such as the Columbia Center, The Odyssey Condominium, and Half Street have been built as a result of Michael and his company’s vision and expertise.
Personal Existence
Michael Darby is married to Ashley Darby, who is well-known for her appearance in the reality show The Real Housewives of Potomac. They chose to marry after four years together. Despite being nearly three decades apart in age, they have managed to make their relationship work.
Their two sons, Dean Michael Darby and Dylan Matthew Darby were born to them. Michael is also frequently seen on reality shows, allowing many fans from all around the world to recognize him.
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He also served on the board of directors of the DC Building Industry Association. Michael is also involved in a number of charitable endeavors, one of which is his participation in the Real Estate Games, a sports tournament benefiting the Juvenile Diabetes Research Foundation (JDRF).
Michael Darby’s Net Worth
Michael Darby is a wealthy Australian-American real estate developer with a net worth of $20 million. Monument Realty’s principal and co-founder, Michael Darby, is based in Washington, D.C. Since its inception in 1998, the company has created over 6.5 million square feet of real estate.
Darby has worked on a number of notable buildings, including Columbia Center, Half Street, The Odyssey Condominium, and Franklin Square North. He has worked in the Washington region’s construction and development industry for almost a quarter-century and was previously a vice president for Elkridge.
During his time at CarrAmerica, he oversaw development projects such as the Southern Railway Building and the Willard Hotel. Darby’s career began in Australia, where he graduated from the University of Melbourne with a degree in Construction Engineering and Business Development. He has been on the Board of Directors of the DC Building Industry Association and has appeared on Bravo’s reality television series The Real Housewives of Potomac.
What Are the Names of the Couple’s Children?
Ashely and Michael are the parents of two children, Dean Michael Darby, and Dylan Matthew Darby. Dean is three years old, and Dylan will turn one in March 2022. There is a 29-year age difference between Michael, who is 62, and Ashley, who is 33.
The Real Housewives of Orange County star is also the stepmother of her husband’s two adult children, who are 26 and 28 years old. Ashley, who adores her two young sons, routinely posts family photos on Instagram, and her sons undoubtedly acquire their parents’ best qualities.
Prenuptial Agreement Between Ashley and Michael Darby
Prior to meeting Ashley, Michael, a real estate billionaire, was already married with two children. The couple chose to marry after four years of dating. Michael and Ashley signed a prenuptial agreement before their wedding that specified how their assets would be shared in the event of a divorce. Ashley detailed their prenuptial agreement in an earlier episode of ‘RHOP.’
“Our prenup stipulates that if we divorce before three years, I will receive a set lump sum, but if we divorce after three years, I will receive more. I’d get half of it “explains the housewife The pair married in 2014, and their initial contract expired in 2017, after which it was extended for another five years, until 2022. As a result, Ashley is now entitled to half of Michael’s $20 million fortune!