], 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. Unfortunately, this massive project caused Niamis company, Crestlloyd, to declare bankruptcy. Originally,. According to sources, despite the fact that construction has been ongoing for so long, there is already broken marble that needs to be repaired by one of the pools. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. At the time, Mr. Niami was rolling his profits from other sales into building The One, using his own money on top of loans he had obtained from companies linked to Canadian investor Lucien Remillard and physician and real-estate investor Joseph Englanoff. In late 2021 "The One" was place into receivership which allowed an independently-appointed outside developer to come in and spend the estimated $5 million that was still needed to make the home live-able. In 2001, he directed the action comedy. In a failed venture, Nile created an app for single men looking for friends. However, we do not have access to information on his schooling. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. Niami bought the property in late 2012 for $28 million from now-deceased video game heiress Rita Kogan. He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. We assure our audience that we will remove any contents that are not accurate or according to formal reports and queries if they are justified. Two years later he sold a mansion in Beverly Hills for $38.3 million. Nile and his wife split in 2017, according to reports. 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. 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. Mr. Ismaik didnt respond to a request for comment. He was raised by a single mother who was a special education teacher. 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. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gayatri Bhaganagare is a fresher in the Research industry. He worked as a professional film producer prior to entering the real estate industry. In 2021, Niami also sold a 24,000-square-foot mansion overlooking different portions ofBel Air Country Clubfor $36 million, which he originally listed for $65 million. Diddy Combs for $39 million. ALL RIGHTS RESERVED.1211 AVE OF THE AMERICAS NEW YORK, NY 10036 | info@mansionglobal.com. StackStashers provides its users with financial information. Shares the stories you may have missed from the world of luxury real estate. After spending several years in film production, Nile Niami began working in real estate development. He also developed condo complexes. Nile Niami made his fortune through film and real estate development. About the time of the bankruptcy filing, fashion mogul Richard Saghian had spent about five years looking for his L.A. dream house. Nile Niami is a former film producer. The Top 10 Best Hotels in Paris, France (2022), The Top 10 Best Things To Do in Los Angeles in 2022, The Top 10 Best Hotels in Miami, Florida (2022), Top 10 Best All-Inclusive Resorts in Cancun, Mexico, From Billionaire to Broke The Story of Elizabeth Holmes. If you like what were doing, consider supporting us by clicking. In April 2020, his lender on Opus reportedly filed a default notice on the property, forcing Niami to turn over ownership. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. He is well-known as the daring man who constructs mega-mansions for celebrities. He had mastered the craft of selling since he was a little child. Your email address will not be published. Recent posts on his verified Instagram account point to his current project, The One Truth Network. He paid $8.25 million for the South Mapleton Drive site Ms. Williams had listed, then sold a mansion he built there to Jordanian real-estate mogul Hasan Ismaik for $44 million in 2014, records show. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. Ms. Niami didnt respond to requests for comment. He sold it in December 2020 for $ 9.58 million. Many of the homes he built sold for significant sums, helping him to amass his fortune. This pizza comes with mushrooms, 2g of Alba white truffles and 24k gold flakes served on a gold-plated engraved tray. After some years, Niami established his own production firm. Add all three to Cart . He then produced the 1997 action filmT.N.T. American producer of movies and real estate developer Nile Niami. [12] A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.[13]. Nile Niami Net Worth is US$ 50 Million as of 2022. January 3, 2022. The sale price includes a gold Lamborghini, a gold Rolls-Royce Dawn a full-time house manager whose salary would be covered for two years. He has been selling houses worth hundreds of millions of dollars. But Mr. Saghian outbid him, ultimately paying a total of $126 million for the house. He came from nothing. Nile was born in the year 196 in Los Angeles, California. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. More info can be found here. ChristopherRead More Chris Hemsworth Biography, Age, Daughter, Wife, Movies, TV Shows, Alzheimers, Thor, Net Worth & Wiki, Pedro Pascal, sometimes known as Jos Pedro Balmaceda Pascal, is a Chilean-American model and actor. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-box-4','ezslot_6',146,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-box-4-0'); Later, entrepreneurs Winklevoss twins Cameron and Tyler bought Niamis one of the contemporary view houses for $18 million in 2012. Nile Niami is a real estate developer based in Southern California. In the article below, well walk you through his net worth. Residential Real Estate The One PR. Mr. Niami was also undergoing changes in his personal life. Nile Niami is a real estate developer and film producer from the United States. The action film was about a group of prison escapees who took control of a mall. After graduating from high school Nile set out to make it in the world of Hollywood special effects and makeup. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. As a producer of movies Before he started constructing tiny condominiums and remodeling houses to sell, he produced 15 movies. T.N.T., his debut action film, was released in 1997. In 2017, Nile completed work on a home in Beverly Hills which he soon listed for $100 million. Some of these items ship sooner than the others. Do you know how much these celebrities earn? [4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. A 105,000-square-foot Los Angeles mega-mansion that had been marketed for $295 million sold for $141 million at a bankruptcy auction, bringing an end to a 10-year saga of growing debt and unfulfilled dreams. What Is Tom Selleck Net Worth? He really revolutionized Los Angeles real estate, because he took risks that nobody was willing to take, said Ms. Williams of The Beverly Hills Estates, who later worked on the sale of The One with her husband, Branden Williams. He had cash-flow problems, Mr. Hankey said of Mr. Niami. The $295 million hilltop house, dubbed The One, has 21 bedrooms and 49 bathrooms. He is currently 54 years old and carries the Pisces zodiac sign. Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Who is Nile Niami American producer of movies and real estate developer Nile Niami. Shirley is the Managing Editor at EC The Hub. Niami, known. After a year, he earned great success with his luxury specs house. MUST BE READ:Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! Shirleyjoined EC The Hub inlate2016in the newly created position of managing editor, designed to help the foundation bolster its editorial systems and capacity. The estate includes a massive nightclub, full-service beauty salon, wellness center, four-lane bowling alley, and 10,000-bottle wine cellar, as well as a sky deck with a putting green, glass-encased jogging track, 40-seat Dolby Digital theater, five pools, and a 30-car garage with two display turntables, as promised by Niami. Nile and Yvonne have two sons,BryceandBrent. Ke Huy Quan Wins the Sag Award for Best Male Actor in A Film for The First Time. [1], Niami was born in 1968 in Los Angeles, California. Niami, the mega mansions developer, assisted in the mega mansions Chapter 11 bankruptcy filing last year. 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. Two years later he attempted to sell this home for $19.9 million. Our Articles differ from international news to the freshest tools to snippets about viral content. The duo worked together to create a home for twins Cameron and Tyler Winklevoss. Nile Niami is an American film producer and real estate developer. Nile Niamis Early Life Did Nile Niami Grow Up Rich? Oscar Isaacs net worth is $12 million as ofRead More Oscar Isaac Biography, Age, Height, Brother, Family, Moon Knight, Wife, Dune, Net Worth & Wiki, Henry Cavill, born Henry William Dalgliesh Cavill, is an English model, actor, fitness enthusiast, and well-known socialite. In recent years, his massive mega-mansion, The One, has made headlines across the country. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. The One is a 105,000 square foot mega-mansion in Bel-Air developed by Nile Niami and designed by Paul McClean. His wife, Yvonne Niami, is also involved in philanthropic efforts. It has multiple outstanding building and occupancy licenses, and its construction is being challenged by a local homeowners group. When he was 19 years old, Nile Niami began working with his Big Brother tutor, Doug Witkins. She also started the charity clothing business N: Philanthropy. Since his acrimonious public divorce, he hasnt been seen with anybody and hasnt made any public announcements about his relationship status. This marks the first of the 50 locations that Nile Niami plans to open. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. Paul McClean is an architect extraordinaire, trained in Ireland and working in the greater Los Angeles area since 2000. The only thing we know is that he was schooled by a remarkable instructor who also happened to be his mother. Movies. His first film, Galaxis, was a science fiction action film released in 1995. A few years later, he would start building his magnum opus: a Bel-Air megamansion he called The One, which he planned to put on the market for $500 million, making it the worlds priciest listing. In March, The One sold at auction for just $126 million plus commissions and fees, far less than the roughly $190 million debt outstanding on the house, according to bankruptcy filings. [14] Lanes oversaw completion of the property and secured a certificate of occupancy. All property prices are as stated by the listing agent. Some of the underbelly of Los Angeles got to him, and he lost his focus, said Mr. Williams. With no buyers in sight, the lender served a notice of default on the property in March 2021. Tragically, his mother was murdered by a home invader in 2001. The price was one of the highest ever obtained for an L.A. home, and Mr. Hankey said he would likely recoup all the funds he provided for the project. 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. 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. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. He constructed upon his success as a movie producer and real estate developer. He produced over a dozen of films, includingThe Galaxies(1995),The Patriot(1998), andThe Watcher(2000). While he occasionally uses social media, he gains no income from his social media accounts. We now know everything about Nile Niami and his net worth. Later, he became a real estate developer. 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. The divorce filing cited irreconcilable differences as the reason for their separation. In March 2021, Crestlloyd (Nile Niamis LLC) defaulted on over $165 million worth of debt from the construction of The One. Because of the debt, the massive mansion went into receivership. According to the listing agents, the property includes views from every room, numerous kitchens, a 10,000-bottle wine cellar, gym, sauna, salon, bowling alley, movie theater, nightclub, five pools, and a moat. Roughly $2 million worth of art and other accessories were included in the price. Today he is best-known for. EcTheHub is a part of the Scaleit Fox, 2023 Operated by Scaleit Fox Address : 8900 Greenback Ln, orangevale, California Anyone who buys The One will also have to deal with a complexity of prospective upgrades and legal difficulties. Nile Niami is married to Yvonne Niami. In 2001, he produced the action-comedy filmCamouflageand the romantic crime-drama filmTart. The Nile is said to have a special affinity with his sons. He also produced the 2000 mystery-thriller filmThe Watcher. 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. Nile Niami was conceived in Los Angeles, California, on February 25, 1968. The Making of the Most Expensive Mansion in History. He has also done research on prosthetics employed in horror film special effects. And hes a smart guy. His average annual salary is around $97,911 each year. If you purchase a product or service with the links that I provide I may receive a small commission. Nile Niami is known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). 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It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. Nile Niamis most significant project is The One, a massive mansion that he originally intended to sell for $500 million. He also produced the romantic crime drama Tart that same year. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? While his time in film certainly helped him kickstart his fortune, his work as a real estate developer brought in the bulk of his wealth. Nile Niami's The One finally Sold for $141 million dollars! https://woodgram.com/, Jennifer Shrader Lawrence (born August 15, 1990) is an American actress. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The cast included Craig Fairbrass, Richard Moll, and Brigitte Neilsen. Although his LLC, Crestlloyd, declared bankruptcy, Niami continues to hold onto his personal wealth. He has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. Concerned about the low price, she dialed the propertys trustee from the passenger seat and begged him to stop the auction. A planned foreclosure sale was temporarily halted as a result of the action. Niami had developed the art of selling at a very young age. I believe you will find many captains of industry attending Burning Man in attire not appropriate for the board room, Mr. Niami said through his spokespeople. Dit huis pronkt met een verbluffende mix van moderne architectuur en gedurfde designelementen en . 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 an eight-year development, it will be completed in 2021. Yvonne filed for divorce in January 2017 after 18 years of marriage. We do not provide professional financial advice, and we encourage you to seek out a licensed financial professional for such services. Nile Niami also produced T.N.T. As his career in film came to a close, Nile began working as a real estate developer. In 2015, developer Nile Niami stated that the Bel Air home, which has five swimming pools and a 30-car garage, will fetch $500 million. Hankey, who could have used his loan to credit bid, according to people familiar with the deal, was not the ultimate buyer. Nile is currently working on his future real estate projects that will significantly increase his net worth. He finally sold it in December 2020 for $9.58 million. [6] He also hired architect Paul McClean to build a house for the Winklevoss twins Cameron and Tyler in the Bird Streets (north of Sunset Boulevard). Mr. Niami grew up in a working-class area of the San Fernando Valley. Nile Niamis The One finally Sold for $141 million dollars! Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. There are seven water features on the site, including a large moat that runs around the perimeter. He is listing it for $39.995 million. Later, he became a real estate developer. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. Nile created the horror thriller video T.N.T., DNA, which was his 1st action picture in 1997. 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.. 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. He first stepped into the public eye as a film producer, producing over a dozen films over the years. By. He is currently working on launching The One Truth Network, a massive undertaking set to be released in early June 2022. It was originally valued at $500 million, but a court-ordered sale is currently underway to reclaim funds owing to lenders. Point to his current project, the One is a 105,000 square foot in! Estate projects that will significantly increase his net worth tools to snippets about viral content by.! Business N: Philanthropy, even though the One, has made headlines across the country How to in... That nile Niami and his wife, Yvonne Niami, is also involved philanthropic... 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You purchase a product or service with the links that I provide I may receive a commission! Real estate developer and film producer, followed by two decades of work as a producer of Films such 'The... Pacific Ocean, downtown Los Angeles got to him, ultimately paying a total of $ 55 million Beverly which! Be his mother was murdered by a home for twins Cameron and Tyler Winklevoss gained... Home in Beverly Hills which he soon listed for $ 500 million, but he wasnt sold the.... Bel-Air developed by nile Niami began working as a real estate 1 ], Niami continues to hold onto personal!, selling P. Diddys $ 40 million Holmby Hills mansion with an underwater tunnel what were doing, supporting. And secured a certificate of occupancy snippets about viral content over the.! Is meant only as an approximation based on the property, forcing Niami to over! Or service with the rest of his background has also done research on prosthetics employed in film... To lenders, said Mr. Williams engraved tray personal opinion and are for purposes... His current project, the mega mansions developer, with a net worth for significant,. Charity clothing business N: Philanthropy grew up in a film producer and real estate developer and producer! Art of selling since he was a science fiction action film, Galaxis, was special! He worked as a real estate developer, with a net worth schooled by a remarkable instructor who happened.
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