He began working as a real estate developer. He paid rapper as well as singer Sean Combs, also known as P. Diddy, US$ 39 million for one of his custom-built mansions. After some years, Niami established his own production firm. The massive house is over a hundred thousand square feet, making it one of the biggest personal homes in the United States. In the years that followed, he would go on to produce the movies Terminal Force in 1995, DNA in 1996, T.N.T. in 1997, Point Blank, The Patriot, The Survivor, Resurrection, The Watcher, and both Camouflage and Tart.. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. He is very well known as the daring man who builds big mansions for celebrities. [12] A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.[13]. Tom Hiddlestons net worth is $40million as of 2023. He later rejected a $50 million offer from Chinese billionaire William Ding, and Niamis lender took ownership of the property in February 2020. 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 price includes a gold Lamborghini, a gold Rolls-Royce Dawn a full-time house manager whose salary would be covered for two years. In a September 2021 interview about "The One" in the LA Times, Nile said "I'm getting sued by everybody. Henry Cavills net worth is $50 million asRead More Henry Cavill Biography, Age, Height, Wife, Movies, Witcher, Girlfriend, Superman, Net Worth & Wiki, Tom Hiddleston, born Thomas William Hiddleston, is a British model and actor. In January 2017, she filed for divorce after 18 years of marriage. 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. 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. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. The divorced couple has two sons, Bryce and Brent. Nile Niami is well-known as a professional realtor. Around that time, he began buying small homes in the San Fernando Valley as a side business, fixing them up and flipping them, he told The Wall Street Journal in 2018. Nile was born in the year 196 in Los Angeles, California. A planned foreclosure sale was temporarily halted as a result of the action. When bidding finished on March 3, a Los Angeles mega-mansion that was the largest U.S. residence to ever put up for auction sold for $141 million, including fees. Concerned about the low price, she dialed the propertys trustee from the passenger seat and begged him to stop the auction. Mr. Saghian and Mr. Niami had first met a few years earlier, when Mr. Niami gave Mr. Saghian a tour of The One. He has been selling luxury homes worth hundreds US$ 100 million. After Marc Andreessens $177 million purchase of a Malibu compound last year and Jeff Bezos $165 million acquisition of the historic Jack Warner Estate in Beverly Hills, this is the third most expensive home ever sold in Los Angeles. The Nile set wanted to succeed in the field of Hollywood special effects and makeup after finishing high school. As a result, he became well-known within the real estate sector fast. It entailed living in the mansion and holding boxing fights and charity galas in which celebrities such as Michael Jackson and Whitney Houston would perform via hologram. The case included Jurgen Prochnow and Mark Damascus. During L.A.s Covid-19 lockdowns in 2020, eight citations were issued for illegal parties at properties owned by Mr. Niami, according to the Los Angeles Police Department. 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. He collaborated with architect Paul McClean in many of his projects. 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. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. 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. For years, spec developer Nile Niami has teased "The One" a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. 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. 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. Technically to receive it's certificate of occupancy. all Biography and data about your favorite person are correct. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. Loving our content? 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. [16] The buyer was Richard Saghian, owner of Fashion Nova. Frequent headlines about the house were also a deterrent to buyers, agents said. He started his own production company a few years later. This first film received many negative reviews. For many buyers, it was too large, more like an office park than a private residence. Nile Niami's Skyline Development announced it is looking for new investors to raise $250 million for a bid prior to a Friday hearing during which a Bankruptcy Court judge will consider whether. His first film, Galaxis, was a science fiction action film released in 1995. Niami initially thought that no one would buy such expensive spec homes, but he would eventually find monumental success through his luxury spec homes over the years. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. 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. Shares the stories you may have missed from the world of luxury real estate. He started out as a film producer then transitioned into the real estate development world. Otherwise, the lender could force a sale of the famous property, the report said. The asking price$500 million . Nile Niami Was Born When? Opinions shared in these videos are my personal opinion and are for entertainment purposes only. She worked as a special education teacher during the day and owned a bar at night in Burbank. He is best known for constructing a 105,000 sq. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. Today he is best-known for. Nile Niami is a real estate developer and film producer from the United States. Our dedicated Editorial team verifies each of the articles published on the Biographyhost. 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. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. Niami initially thought that no one would buy such expensive spec homes, but he would eventually find monumental success through his luxury spec homes over the years. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. Nile is currently working on his future real estate projects that will significantly increase his net worth. 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. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. Later, he became a real estate developer. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. 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Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Niami sold a Bel Air megamansion at 627 Carcassonne Road for $36 million, a few days after he unloaded the one next door for the same price, according to Dirt. More: Jeff Bezoss Parents Buy Miami Megamansion for $34 Million. Nile Niami owns The One Bel Air, which he describes as one of the most costly homes in the world. After done his high school, He wanted to succeed as a makeup artist and Hollywood special effects in the film industry. T.N.T., his debut action film, was released in 1997. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. Nile Niami finished the property named Opus in 2017 which is located in Beverly hills and boasts 20,500 square feet. In 2001, she was tragically killed during a home invasion. 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. However, Nile Niami has a verified Instagram profile, where hes shared only six posts. [1] Early life [ edit] Niami was born in 1968 in Los Angeles, California. The following year, he produced the horror-thriller videoDNA. Your email address will not be published. A Match Made in Heaven by Chance: Chapter 56 Release Date Revealed, Fans of The Last of Us Will be Crushed by Pedro Pascals Sad Instagram Post. Nile Niami trains skilled individuals. 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. The house had a $400,000 Lucite-bottom swimming pool and a custom-made 24-foot gold giraffe skeleton sculpture in a glass box. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. He also built a 14,000-square-foot house for himself just above the Sunset Strip. 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. His average annual salary is around $97,911 each year. I (Scott Edward) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Unfortunately, Nile could not complete construction of "The One" even after borrowing a reported $165 million from various lenders, notably car finance billionaire Don Hankey who chipped in at least $106 million over several financing rounds. This marks the first of the 50 locations that Nile Niami plans to open. The home made waves with its enormous size and $500 million price tag. Nile has also created Wolfpack, a smartphone app that connects men and women searching for mates. Nile Niami planned to list the roughly 105,000-square-foot L.A. megamansion for $500 million. During their marriage, they participated in many philanthropic endeavors. Thank you for supporting my channel. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. He came from nothing. His mother was a special education teacher who also owned a bar in Burbank where she would work at nights. During his career, he produced about a dozen films. Please see our full disclaimer for more details. Add all three to Cart . Mr. Niami was also undergoing changes in his personal life. 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. Many of the homes he built sold for significant sums, helping him to amass his fortune. Most significantly, McClean helped Niami to design The One.. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! Yvonne Niami made real estate news when she sold her Bel Air mansion for $27 million in mid-2022. This films title varies around the world, in some places renamed A.D.N. As of 2022, Nile Niamis personal wealth is equal to $50 million. Both properties are about the same. Niami had been educated by his mother, a special education teacher. MUST BE READ:What Is the Net Worth of Johnny Knoxville? She handed him the heavy roll of architectural plans that had been drawn up for the site, which he slammed down on the hood so hard she said she feared had dented it. 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. In 1998, he was also a producer of the motion pictures Point Black, The Patriot, and The Survivor. He seemed to be more into following the divorce. They included citations for loud or unruly gatherings and one for serving alcohol to minors. Richard Saghian, founder and CEO of Fashion Nova purchased the famous home The One by Nile Niami for $126 million. Paul McClean is an architect extraordinaire, trained in Ireland and working in the greater Los Angeles area since 2000. MUST BE READ:Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! He is listing it for $39.995 million. He spoke of having holograms of entertainers like Whitney Houston, Michael Jackson and Elvis Presley entertain crowds at these events. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. 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. Niami told reporters at the time that he was working on a deal. 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. Book a private zoom call through this link: -https://scottedward.youcanbook.meCONTACT ME for house tours, video ideas, sponsorships, or just to say hi: -scottedwardllc@gmail.com BECOME A CHANNEL MEMBER! Niami bought the property in late 2012 for $28 million from now-deceased video game heiress Rita Kogan. According to Laura Brady, CEO of Concierge Auctions, which auctioned the mansion, the total transaction price would be $141 million, including the buyers premium. A judge approved the sale a few weeks later. 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. If you purchase a product or service with the links that I provide I may receive a small commission. Martell Holt Net Worth, Early Life, Career, & Personal Life. He has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. The Nile is said to have a special affinity with his sons. Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! Nile Niami began his career as a director by directing a number of Bollywood films. In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 million. In 2015, Niami also launched an app called Wolfpack, which he designed to help single men look for friends. Nile Niami was conceived in Los Angeles, California, on February 25, 1968. 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. In 2015, Nile Niami spent US$9.5 million on Scooter Brauns home. Before he went into real estate development, he filmed roughly 15 films. Nile Niami is a former film producer. Required fields are marked *. However, Niami eventually realized that he would not make enough profit from movies as a producer. However, while the mansion was formerly advertised as the largest in the country, it is no longer the case. Movies. More: Modern Miami Home on the Venetian Islands With Lots of Natural Materials. In 2000, he produced the thriller movie The Watcher. In the same year, he created the action comedy film Camouflage. Also, he produced a romantic crime drama titled Tart in 2001. 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. However, some experts place his net worth significantly lower, around $10 million. 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 Niami, who is sometimes referred to as the king of the Los Angeles megamansion, at his West Hollywood home. Previously, he was married toYvonne Niami. Around this time, Mr. Niami started saying that he didnt want to sell The One at all, Mr. Kirman said, instead proposing turning it into a high-end events venue that would host boxing matches or even the Academy Awards. Tragically, his mother was murdered by a home invader in 2001. WHAT WE DID: Secured global press opportunities of the property during the construction over 3 years ago until its recent completion when the price was $500 . Unfortunately, this massive project caused Niamis company, Crestlloyd, to declare bankruptcy. His mom, who raised him alone, was a special education teacher. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Nile Niami is known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). Divorced couple has two sons, Bryce and Brent was listed for $ 100 million included! Net worth is $ 40million as of 2022 who raised him alone, was a affinity! 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