Most of these films were B movies, helping him start his fortune. In the year 2014, he sold a $39 million custom-built house in Holmby Hills to P. Diddy. He is recognized for the massive home, The one. Concerned about how his money was being spent, Mr. Hankey said he required Mr. Niami to work with a local development firm to help oversee construction. However, some experts place his net worth significantly lower, around $10 million. That, however, never happened. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. Opus was then valued at $38 million, far below its original asking price. It was legally a loss after the improvements and restorations. In 2017, Ms. Niami, his wife of 18 years and the mother of his two children, had filed for divorce, records show. He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. Niami was married to Yvonne Niami, the founder of a tequila company called VIVA XXXII, and a charitable clothing label called N:Philanthropy. Yvonne Niami, ex-wife of colorful developer Nile Niami, sold her 12,000-square-foot Bel Air mansion for $27 million, or $2,265 per square foot, according to property listing sites. Thanks for visiting Us. Estimates for Niamis net worth sit around $50 million. More: Jeff Bezoss Parents Buy Miami Megamansion for $34 Million. Please see our full disclaimer for more details. Unfortunately, the property was seized when Niamis company filed for bankruptcy. Nile Niamis Early Life Did Nile Niami Grow Up Rich? [4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. 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. But the price didnt come close to covering the propertys other outstanding debts and the money the Niamis put into The One. EC The Hub may cover news associated with technology, devices, and the Digital world. He started out as a film producer then transitioned into the real estate development world. He has studied horror movies and effects prosthetics. Nile Niamis The One finally Sold for $141 million dollars! Mr. Niami grew up in a working-class area of the San Fernando Valley. He also produced the 2000 mystery-thriller filmThe Watcher. The American millionaire Nile Niami is a real estate developer and film producer. In 2001, he produced the action-comedy filmCamouflageand the romantic crime-drama filmTart. He was also furious at Mr. Saghian, saying that Mr. Saghian had been a good friend and accusing him of backstabbing., More: Low Supply and Rising Rates Slow Hamptons Sales, but Prices Are Still Going up, I showed Richard The One because he said he was interested in buying it, Mr. Niami said through the spokespeople. Type: Dwarf Blue Lily of the Nile "Peter Pan" Houseplant Flower Seeds ; Ship From US ; Buy it with + + Total price: To see our price, add these items to your cart. ], 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. Now, lets see whether the Nile has a girlfriend or is involved in any form of an extramarital relationship. Martell Holt Net Worth, Early Life, Career, & Personal Life. 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. Nile was raised by his single mother. In 2015, GQ reported that the mansion was the most expensive mansion in history. After graduating from high school Nile set out to make it in the world of Hollywood special effects and makeup. 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. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. The main house has nine bedrooms. Frequent headlines about the house were also a deterrent to buyers, agents said. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. Nile Niami has a personal net worth of US$ 50 million as of 2022. At the age of 19, he started working with his elder brother Doug Witkins. The latest episode of The Last of Us showed STARZ is an American TV station that has a What Is the Net Worth of Johnny Knoxville? Our dedicated Editorial team verifies each of the articles published on the Biographyhost. He had mastered the craft of selling since he was a little child. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. Get WhatsApp Aero APK Anti-Ban (Official Latest): Everyone Wants to Know This! Technically to receive it's certificate of occupancy. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Show details Hide details . In October 2022, Nile Niami opened the first location of Crustica, a healthy pizza joint, in West Hollywood. Unfortunately, this massive project caused Niamis company, Crestlloyd, to declare bankruptcy. Roughly $2 million worth of art and other accessories were included in the price. This marks the first of the 50 locations that Nile Niami plans to open. We may infer from his works and efforts that he is a creative force. Nile Niami also produced T.N.T. Nile Niami finished the property named Opus in 2017 which is located in Beverly hills and boasts 20,500 square feet. He paid rapper as well as singer Sean Combs, also known as P. Diddy, US$ 39 million for one of his custom-built mansions. Mr. Niami said through his spokespeople that if I were allowed to follow that dream, all of the investors and lenders would have been paid in full, and I would have been in profit on the project.. About the time of the bankruptcy filing, fashion mogul Richard Saghian had spent about five years looking for his L.A. dream house. On the final day of the online auction, the bidding was stalled at around $60 million, and the agents were in a panic, Ms. Williams said. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. Now, as a real estate developer in Los Angeles, Niami built a home in lowly hills that was valued at the US $44 million and was sold to a buyer from Saudi Arabia. Lets look at some of his lessons. Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. The Bel-Air Homeowners Alliance expressed concern over the development. Nile has also created Wolfpack, a smartphone app that connects men and women searching for mates. After some years, Niami established his own production firm. Nile was born in the year 196 in Los Angeles, California. Dit huis pronkt met een verbluffende mix van moderne architectuur en gedurfde designelementen en . He is listing it for $39.995 million. There is no additional charge to you! As a real-estate developer, he has amassed a huge amount. [2] Known since its inception by colorful and controversial developer Nile Niami simply as "The One," the monstrous and still-incomplete Los Angeles structure is 10 years in the making. Today, he is very known for building extravagant homes in Los Angeles. Outside of real estate he launched an app called Wolfpack which is designed to help single men looking for friends. His average annual salary is around $97,911 each year. In 2017, he completed a 21,000-square-foot mansion known as Opus in Beverly Hills, which he would list for $100 million. 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. Everyone Wants to Know His Early Life, Career, Education, Personal Relationship, Awards & Much More! He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. This site includes affiliate links. The 105,000-square-foot Bel Air behemoth, billed as the worlds largest and most expensive urban property, was commissioned almost a decade ago by the producer turned developer. He then started his own manufacturing company. Nile pushed the spec market into existence, said architect Paul McClean, who was once a frequent collaborator of Mr. Niamis. Nile Niami, the brash real-estate developer known for his over-the-top megamansions, has placed one of his high-priced spec homes in bankruptcy. Lenders grew concerned about his lifestyle and partying, according to multiple people involved in the bankruptcy process. In 2001, he directed the action comedy. Nile Niami is a real estate developer and film producer from the United States. According to Laura Brady, CEO of Concierge Auctions, which auctioned the mansion, the total transaction price would be $141 million, including the buyers premium. 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. The main residence, which sits atop a quiet Bel Air cul-de-sac known as Airole Way and is surrounded on three sides by a water-filled moat, has 21 bedrooms and an unfathomable total of 49 bathrooms (42 full baths, the rest powder rooms) spread out over 105,000 square feet of Kathryn Rotondi-designed living space. The bigger they are, the harder they fall, goes the old adage, and that definitely applies to Nile Niamis colossal mega-mansion, The One, which has gone into receivership after amassing millions of dollars in loans and obligations. Nile worked with architect Paul McClean to build a house for the twins Cameron and Tyler Winklevoss. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gayatri Bhaganagare is a fresher in the Research industry. Many of the homes he built sold for significant sums, helping him to amass his fortune. [16] The buyer was Richard Saghian, owner of Fashion Nova. Since then, hes worked on building and renovating large homes in the Los Angeles area. The cast included Craig Fairbrass, Richard Moll, and Brigitte Neilsen. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. In some ways, the story of Mr. Niami, the man behind The One, is as compelling as the house itself. Keep an eye out for Nile Niamis mega-mansion The One! Tragically, his mother was murdered by a home invader in 2001. Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Niami, the mega mansions developer, assisted in the mega mansions Chapter 11 bankruptcy filing last year. Through his spokespeople, Mr. Niami declined to comment on the report, saying he had not seen it and didnt have access to the house during the period in which the leaks are said to have occurred. we are team woodgram, who researches all actual biodata from a different authorized source and put it all together for our visitor. He racked up big-ticket deals, include the 2014 sale of a Holmby Hills mansion with an underwater tunnel to P. Diddy for $39 million; the rappers spokesperson didnt respond to a request for comment. A revolving statue by Mike Fields surrounds the entrance, a lower-level butterfly installation by Stephen Wilson, and an outdoor sculpture by Italian Murano glass expert Simone Cenedese are among the beautiful unique artwork on exhibit. Nile Niami and His INSANE $500M Mansion! He brought up the expanding market for spec properties priced between $10 and $15 million to Niami. In addition, you also get a private dinner with Nile Niami at Providence (a Michelin-star restaurant) and a $2,000 donation to Childrens Hospital Los Angeles in your name. Nile Niami first spoke with a real estate agent Drew Fenton. Nile Niami Goes BANKRUPT For "Biggest Modern Home in America"Hi there, and welcome to Inner Dive! But his plans are now in peril. In 1999, Niami produced a horror film, Resurrection. 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. Mr. Hankey said the loan allowed Mr. Niami to pay off some of the tens of millions of dollars in debt on the property and provided funds to help finish the project, which was about 80% complete at the time. He built two mansions in the Holmby Hills neighborhood. After a decade of work and mountains of debt, mega-mansion developer Nile Niami's dream projecta 105,000-square-foot Bel-Air behemoth on a five-acre parcel dubbed "The One . He is a millionaire who was raised by a single parent and have age 54. The founder of the fast-fashion company Fashion Nova had a budget of $50 million to $150 million and was looking for a house with views and a Jacuzzi off the primary bedroom, according to Mr. Williams and Hilton & Hyland agent Stuart Vetterick, who said they showed Mr. Saghian around almost every major L.A. listing. 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. He appears to be overly preoccupied with his profession. (to support me as a creator): -https://www.youtube.com/channel/UCgKz_JXJKKko9kXDrm6IODQ/joinI hope that you enjoy this video and if you have comments please leave them below! He is a real estate entrepreneur who was raised by his single mother at the age of 54. He is currently 54 years old and carries the Pisces zodiac sign. [2], Niami started his career as a film producer. [4][2] He built a house in Trousdale Estates, a neighborhood in the city of Beverly Hills, with "a spinning car turntable, similar to those in auto showrooms, that's visible from the living room. Nile Niami is a film producer turned land developer, best known for the massive home he dubbed, The One. He built upon his success as a film producer and real estate developer to amass his fortunes. The film was directed by Matt Early Beesley. This film was released in 1997 and directed by William Mesa. In 2017, the couple parted ways. Sadly, he had to lose his mother in a home assault in 2001. Crestlloyd filed for bankruptcy in October 2021 and the home was put into receivership by the courts, where Ted Lanes of Lanes Management would complete and sell the home. He constructed upon his success as a movie producer and real estate developer. Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. As he completed the project, Niami changed his tune and settled on a price tag of $340 million. Niami borrowed most . During his career, he produced about a dozen films. The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. 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. The divorce filing cited irreconcilable differences as the reason for their separation. Concerned about the low price, she dialed the propertys trustee from the passenger seat and begged him to stop the auction. Niami cut the asking price up to $85 million in September. In January 2017, she filed for divorce after 18 years of marriage. Eminems net worthRead More Eminem Biography, Age, Daughter, Wife, Albums, Songs, Net Worth & Wiki, Jake Paul, also known as Jake Joseph Paul, is a professional boxer, YouTuber, actor, online celebrity, and rapper from the United States. It was a business model that Mr. Niami would successfully replicate over and over again: He equipped his homes with over-the-top amenities, such as Champagne vaults and glass-bottomed pools, and put higher price tags on them than the market had previously supported, Ms. Williams said. As a producer of movies Before he started constructing tiny condominiums and remodeling houses to sell, he produced 15 movies. Nile Niami is a real estate developer based in Southern California. Nile, who started out as a filmmaker and later became a real estate developer, is well-known for his outspoken personality and ambitious real estate projects. In the same year, he also created the romantic crime drama Tart.. Mr. McClean said Mr. Niami had a knack for equipping his homes with flourishes that appealed to wealthy buyers: a monogrammed towel here, a spritz of perfume there. Nile Niami made his fortune through film and real estate development. https://woodgram.com/, Jennifer Shrader Lawrence (born August 15, 1990) is an American actress. During their marriage, they participated in many philanthropic endeavors. 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. In 1998, Niamis produced the movies Point Black, The Patriot, and The Survivor. After a year, Nile produced Justice, a TV movie that combines horror and a crime thriller. Required fields are marked *. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. 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. EcTheHub is a part of the Scaleit Fox, 2023 Operated by Scaleit Fox Address : 8900 Greenback Ln, orangevale, California Nile Niami Was Born When? This allows him to blend indoor and outdoor spaces, giving homes a modern, yet natural feel. Nile Niami is the real estate developer behind 'The One' Bel Air, a $500 million dollar spec mega-mansion that recently became listed as the most expensive h. Niami had been educated by his mother, a special education teacher. [7], Niami's mega-mansion in Bel-Air, "The One" (.mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}340518N 1182706W / 34.0883134N 118.4516027W / 34.0883134; -118.4516027), was also designed by Paul McClean. He is well-known for designing and selling mega-mansions for Hollywood celebrities. We sought him on every social networking site, including Instagram, Facebook, and Twitter, but he was nowhere to be found except on Instagram, where he is known as @nileniami and has over 86k followers. He is well-known as the daring man who constructs mega-mansions for celebrities. Paul McClean is an architect extraordinaire, trained in Ireland and working in the greater Los Angeles area since 2000. He blew through the money that we gave him, Mr. Hankey said. 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. He was reared by a single mother who worked as a special education teacher, according to accounts. All six posts showed up in May 2022, a sign that future social media engagement may be on the horizon for the real estate developer. 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. StackStashers provides its users with financial information. He has turned many neglected estates intomegamansionsin Los Angeles. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. The mansion was later relisted for $60 million and sold in November 2020 for an unknown cost. By. Nile Niamis most significant project is The One, a massive mansion that he originally intended to sell for $500 million. There are seven water features on the site, including a large moat that runs around the perimeter. He declared, Im gonna make an offer.. They included citations for loud or unruly gatherings and one for serving alcohol to minors. Two years later, Niami sold one of his spec homes to rapper and musician Sean Combs, a.k.a. He tapped Mr. McClean to design his most ambitious house yet, with jellyfish aquariums, a casino and a nightclub, the architect said. "[2], Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available. She holds a bachelor degree in computer science from Shivaji University in 2020 and has done a masters in business administration specializing in business analytics from Pune University. Add all three to Cart . However, Niami eventually realized that he would not make enough profit from movies as a producer. 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. Last year, the property was placed in receivership and ultimately declared bankrupt. He worked in special effects for low-budget movies before starting his own production company in 1994. 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