This Bel Air mega-mansion is another collaboration between Niami and Paul McClean. Nile Niami was born on February 25, 1968 in Los Angeles, California. Nile Niami is probably best-known for constructing a 105,000 square-foot spec home in Bel Air dubbed "The One" which he listed for $500 million. She also started the charity clothing business N: Philanthropy. With no buyers in sight, the lender served a notice of default on the property in March 2021. Niami. He was selling a lifestyle, Mr. McClean said. He built condos and reimagined homes in the greater Los Angeles area. He collaborated with architect Paul McClean in many of his projects. Then, around 2008, he met a real-estate broker Drew Fenton who hinted to him about the escalating market of spec homes worth $10 to $15 million. Nile Niami is a real estate developer based in Southern California. Nile Niami is married to Yvonne Niami. In interviews, Nile explained that he made the leap from condo development to ultra-high-end home development in the wake of the 2008 real estate crash which wiped him clean off the map. Nile Niami collaborated with Paul McClean of McClean Design on several occasions. As his career in film came to a close, Nile began working as a real estate developer. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. It broke the previous record that was set in 2021 when The Hearst Estate in Beverly Hills sold at auction for US$63.1 million. He started out as a film producer then transitioned into the real estate development world. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-banner-1','ezslot_5',147,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-banner-1-0'); Niami also placed a West Hollywood spec mansion into bankruptcy in December 2020 when a creditor took control of the mansion. This marks the first of the 50 locations that Nile Niami plans to open. In the year leading up to the auction, the Williamses said, they brought Mr. Niami several offers from Middle Eastern buyers, but he never acknowledged them. Nile Niami is a real estate developer and film producer from the United States. In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 million. A 5,000-square-foot master retreat with its own pool, as well as a two-story library/office with a balcony, LED and black hand-lacquered built-ins from Italy, and water features, are among the other attractions. There is a 4,000 square-foot guest house. A lot of people didnt want to buy a house thats more famous than them, said Aaron Kirman of Compass, one of the agents who worked on marketing the property. Nile created the horror thriller video T.N.T., DNA, which was his 1st action picture in 1997. When you reinvest everything into one Camelot project, it is devastating to see that money vaporize in front of you, Mr. Niami said through his spokespeople. Top 250 Movies Most Popular Movies Top 250 TV Shows Most Popular TV Shows Most Popular Video Games Most Popular Music Videos Most Popular Podcasts. A nightclub, a full-service beauty salon, a wellness center, a 40-seat home theater, a bowling alley, a 10,000-bottle wine cellar, a 30-car garage, and a 400-foot private outdoor jogging track are among the amenities. Nile pushed the spec market into existence, said architect Paul McClean, who was once a frequent collaborator of Mr. Niamis. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'biographyhost_com-medrectangle-3','ezslot_3',114,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-medrectangle-3-0'); Nile Niami was born in Los Angeles, California, in 1968. There are several lenders who are still owned millions and millions of dollars, and they are fighting for their money. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. Dit huis pronkt met een verbluffende mix van moderne architectuur en gedurfde designelementen en . For any Updates Keep Visiting Our Websiteecthehub.com, EC The Hub is the news source for thousands of daily visitors who are looking for General News, Business updates, Entertainment News, Gaming Industry, Technology Friendly. His wife, Yvonne Niami, is also involved in philanthropic efforts. [15] It did not receive an offer and on March 4, 2022, The property was sold at auction for US$127 million, becoming one of the most expensive houses ever sold at an auction in the United States. How much is he worth, exactly? The One is Nile Niamis most ambitious project. Nile Niami is a real estate developer and film producer from the United States. Since its sale, creditors have been fighting over who get paid how much, since the house did not make enough money to pay for everything it owed. This perception was bolstered by Mr. Niamis active social-media presence. A man emerged from a silver Rolls-Royce Ghost, dressed head-to-toe in light-colored linen with a deep tan and dark, slicked-back hair, Ms. Williams said. [1] Early life [ edit] Niami was born in 1968 in Los Angeles, California. Advertising Disclosure: This post may contain affiliate links from our partners, which means that we may receive a small commission if you sign up via these links. After the couple split, Mr. Niami developed a reputation in the real-estate industry as a party boy, according to business associates who worked with him during that period. Nile Niami, a charismatic and ambitious former Hollywood producer who went on to create some of the most extravagant residences in Beverly Hills and Bel Air to sell for profits, designed it. Nile Niami's mega mansion in Bel Air California sold for a record setting $141 million dollars earlier this year, but the story isn't over yet. Links included in this description might be affiliate links. Yvonne Niami was the former spouse of Nile Niami. ], Nick Carter Net Worth [From Backstreet Boy to Business Tycoon], Martin Short Net Worth [Struggling Comedian to Millionaire Superstar], Todd Graves Net Worth [The Man Behind Raising Canes], Kevin Feige Net Worth [Architect of the Marvel Cinematic Universe], Fizz Debit Card [An Honest Review in 2023], Rocket Money vs. Mint [An Honest Comparison], Meet Beagle [Find Lost Money An Honest Review], Film Producer, Land Developer, Restaurateur. Richard Saghian, founder and CEO of Fashion Nova purchased the famous home The One by Nile Niami for $126 million. A judge approved the sale a few weeks later. While he viewed the $500 million price tag as a marketing stunt, Mr. Hankey said, he thought that the property could command $200 million to $250 million. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! Nile Niami is an American millionaire who is both a film producer and a real estate developer. There are several pools and even a moat. Additionally, he built about 30 luxury homes in Los Angeles. McClean uses his years of experience to create visually interesting, modern living areas. Residential Real Estate The One PR. He gained his wealth from his years as a film producer, followed by two decades of work as a real estate developer. Bryce and Brent Niami are their names. During the auction, Ms. Williams said, she was so distracted while driving through the Hollywood Hills that she asked her assistant to take the wheel of her Range Rover. Trending. Nile and Yvonne have two sons,BryceandBrent. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. And hes a smart guy. The duo worked together to create a home for twins Cameron and Tyler Winklevoss. [2] He was raised by a single mother,[3] a special education teacher. 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The next year, Niami produced the horror crime filmResurrectionand the crime-thriller TV movieJustice. However, as Niamis hopes and dwellings grew, so did his losses. He posted Instagram photos and videos of himself drinking Champagne in a pool on the Greek Island of Mykonos, wearing a leopard-print sarong at Nevadas Burning Man, and posing in a Hugh Hefner-style robe during a pajama-themed party at his West Hollywood home. They included citations for loud or unruly gatherings and one for serving alcohol to minors. According to the LA Times, Diddy is followed by wealthy private equity investor Brian Sheth, who has a $38 million property, and boxer Floyd Mayweather, who owns a $25 million remodeled Beverly Hills mansion. He began working as a real estate developer. As of 2022, Nile Niamis personal wealth is equal to $50 million. Despite this major setback, Nile Niami continues to enjoy the lifestyle afforded by his financial success. Be the first to know when new posts come out! He also developed condo complexes. In 1995, he produced the sci-fi thriller filmGalaxies. The home has cracks in and around many of the pools and stonework, as well as symptoms of mold, according to the receivers report and an engineering analysis. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. He produced over a dozen of films, including The Galaxies (1995), The Patriot (1998), and The Watcher (2000). The One is also the most expensive residence ever sold at auction in the United States and the world, surpassing a mansion auctioned in Beverly Park last year for $51 million. Nile began his career as a film producer. He paid rapper as well as singer Sean Combs, also known as P. Diddy, US$ 39 million for one of his custom-built mansions. Because this is a Nile Niami restaurant, he offers an option for the most expensive pizza in Los Angeles, with a price of $3500 called the one. Nile Niami is a well-known American filmmaker who went on to become one of the worlds greatest and most well-known real estate developers. Nile Niami Net Worth is US$ 50 Million as of 2022. More: Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million. Nile Niami was conceived in Los Angeles, California, on February 25, 1968. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. This allows him to blend indoor and outdoor spaces, giving homes a modern, yet natural feel. He mentioned to Nile Niami the growing market for spec houses and apartments valued between $10 & $15 million. He believed high end home owners would be less susceptible to financial crashes and less reliant on bank approvals, and therefore less risky for a developer. Nile Niami made his fortune through film and real estate development. American producer of movies and real estate developer Nile Niami. He had every opportunity to do so over the course of several years of our friendship, but instead waited for a fire-sale auction that he knew would leave me with nothing.. Their boys, Bryce and Brent Niami, were born after they wed. His current dating status and previous relationships are both unknown at this time. If you need legal advice, please contact an attorney directly. Ontwikkeld door voormalig filmproducent Nile Niami en architect Paul McClean, beschikt het Opus-landgoed over zeven slaapkamers, 11 badkamers en een overweldigende eigentijdse sfeer die 20.500 vierkante meter aan luxueuze leefruimte beslaat. Nile Niami specializes in developing extravagant mansions in the LA area that are worth well over $100 million. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. This couple had been married for almost 18 years before they separated and divorced in 2017. However, while the mansion was formerly advertised as the largest in the country, it is no longer the case. The following year, he produced the horror-thriller videoDNA. She is responsible for overseeingthe daily flow of content across EC The Hubs digital channels, as well as editing, writing and managing content for EC The Hubs website and blog. Loving our content? This isnt the first time that a Niami mega mansion has run into difficulties. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Even if the spread sells for its original $500 million asking price, a New Yorker realtor-turned-Italian princess is auctioning a Roman villa this month for $534 million, which is sure to be met. Nile Niami (born February 25, 1968) is an Iraqi American former film producer turned real estate developer, who has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Nile Niami has a net worth of around $50 million. That was partially due to the fact that it was larger than its permits allowed, according to a preliminary report by Vertex, a construction consulting company that was tapped to assess the property in 2021. Niami borrowed most . What do you think Nile Niami net worth? Aiding in the . Our Articles differ from international news to the freshest tools to snippets about viral content. Hankey purposely opted to not place the home into foreclosure because it would have put him on the hook for maintaining the property and covering all liabilities until a buyer was found. Niami cut the asking price up to $85 million in September. He also produced the 2000 mystery-thriller filmThe Watcher. A four-lane bowling alley, a 50-seat movie theater, a putting green, a wellness center and gym, but also a beauty salon, a juice bar, and a tennis court are all advertised as amenities at the residence. Don Hankey, a subprime banking giant from Los Angeles, was the projects largest lender, lending more than $125 million. In addition, he erected a house in Trousdae Estates, a Beverly Hills neighbourhood, with a unique feature: a spinning automobile turntable, similar to those in auto showrooms, thats viewable from the living room., Another of Niles masterworks is his accomplishment in building a gigantic house in Bel Air, which was also designed by Paul McClean and is listed on the real estate market for US$340 million. Sadly, he had to lose his mother in a home assault in 2001. Nile Niami owns The One Bel Air, which he describes as one of the most costly homes in the world. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. Tragically, his mother was murdered by a home invader in 2001. Submit a correction suggestion and help us fix it! The asking price$500 million . The property has a 50-car garage, four lane bowling alley, cigar room, multiplex-size movie theater, private nightclub (complete with VIP section), five elevators and a 10,000-bottle wine cellar. ", "In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires", "7 Things to Know About the Coming $500 Million Mega-Mansion in Bel Air", "Diddy's New $39-Million Mansion Has an Underwater Tunnel", "The World's Largestand America's PriciestHome Is Ready for Its Close-up", "California Dreaming: Record $500 Million Tag on L.A. Home", "This Is America's Biggest, Priciest New Home", "Most expensive home in America defaults on $165 million in debt, heads for sale", "Nile Niami's L.A. Megamansion 'The One' Is Put Into Bankruptcy", "Nile Niami's Bel Air behemoth enters receivership", "A Los Angeles megamansion could sell for $295 million", "Nile Niami's The One Megamansion Sells at Auction for $126M", "So who bought L.A.'s 'The One' mega-mansion? 1St action picture in 1997 verbluffende mix van moderne architectuur en gedurfde designelementen en by Niami. Gatherings and one for serving alcohol to minors around $ 50 million before they separated and in... Obtained a certificate of occupancy, so did his losses home invader in 2001 they included citations for loud unruly... 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy $! Home assault in 2001 Niamis personal wealth is equal to $ 85 million in.... Developing extravagant mansions in the 90210 ZIP Code of Beverly Hills Lists for $ 3.5 million 2022, began! Former spouse of nile Niami is a real estate developer nile Niami, is a American! 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