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. There is no additional charge to you! And one more thing.. His largest and most famous build, a house called The One, has been the topic of many front-page news reports in 2021 and 2022. [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 Niamis Early Life Did Nile Niami Grow Up Rich? Nile Niami is married to Yvonne Niami, who is very involved in Philanthropy. Niami reportedly rejected a $50 million offer for the home from Chinese billionaire William Ding. For the optimum Mansion Global experience, please turn off any ad blockers and refresh this page. His mother worked nights at the Burbank bar she owned while still teaching special education. Thanks for visiting Us. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. Before he moved to real estate development, he produced roughly 15 movies. He then became a real estate developer. However, while the mansion was formerly advertised as the largest in the country, it is no longer the case. But Mr. Saghian outbid him, ultimately paying a total of $126 million for the house. After two years, he sold rapper and singer sean combs (P. Diddy), one of his specs mansions for US$ 39 million. Niami later produced D.N.A., a science fiction horror and action film. He also talked about launching a cryptocurrency based around The One, a bank called The One, and a television network called The One Truth Network. His mother was a special education teacher who also owned a bar in Burbank where she would work at nights. Nile Niami Goes BANKRUPT For "Biggest Modern Home in America"Hi there, and welcome to Inner Dive! He has been selling luxury homes worth hundreds US$ 100 million. This film was released in 1997 and directed by William Mesa. Pedro Pascals net worth is $10 million as of 2023.Read More Pedro Pascal Biography, Age, Wife, Movies, TV Shows, Last Of Us, GOT, Partner, Mandalorian, Net Worth & Wiki, Oscar Isaac, born Oscar Isaac Hernandez Estrada in Guatemala City, is a Guatemalan-American actor and producer. She also started the charity clothing business N: Philanthropy. The lender gave Niami 90 days to repay the loan. Unfortunately, the property was seized when Niamis company filed for bankruptcy. 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. To report about any issues in our articles, please feel free toContact Us. Choose items to buy together. They spent about four hours one evening exploring the house. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Tragically, his mother was murdered by a home invader in 2001. Nile Niami is married to Yvonne Niami. He has been selling houses worth hundreds of millions of dollars. Instead of selling the massive home for $340 million as planned, it was sold at auction to recoup some of the debt incurred by Niamis company. 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. Nile Niami is well-known as a professional realtor. In 2001, she was tragically killed during a home invasion. Do you know how much these celebrities earn? Not feeling like reading today ? While he occasionally uses social media, he gains no income from his social media accounts. Lenders grew concerned about his lifestyle and partying, according to multiple people involved in the bankruptcy process. 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. He also commissioned architect Paul Mcclean to design a home in the Bird Streets for the Winklevoss twins Cameron and Tyler (north of Sunset Boulevard). This couple has two kids. Now, lets see whether the Nile has a girlfriend or is involved in any form of an extramarital relationship. Today he is best-known for. Niamihasa net worth of $50 million, according to Celebrity Net Worth, as of August 2021. He has two boys, Bryce and Brent, with whom he appears to have a close relationship. 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. He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. In the ensuing years, he created the horror-thriller video DNA. 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. He is listing it for $39.995 million. He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. 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. Niami had developed the art of selling at a very young age. His app, Wolfpack, is no longer available. In July 2021, the 3.8-acre property was placed in court-ordered receivership by Los Angeles County Superior Court. 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.. Additionally, he built about 30 luxury homes in Los Angeles. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. In "Empress of the Nile," Lynne Olson tells the story of Christiane Desroches-Noblecourt, the archaeologist who broke into a notoriously misogynistic men's club: Egyptology. As a result, he became well-known within the real estate sector fast. In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 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. The main house has nine bedrooms. His wealth as a real estate developer is enormous. Frequent headlines about the house were also a deterrent to buyers, agents said. Nile worked with architect Paul McClean to build a house for the twins Cameron and Tyler Winklevoss. McClean uses his years of experience to create visually interesting, modern living areas. Nile Niami has a net worth of around $50 million. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. If you purchase a product or service with the links that I provide I may receive a small commission. By 2018, records show, Mr. Niami had at least five unsold spec homes on his books and was carrying hundreds of millions of dollars in debt. Leave your comments down below! This pizza comes with mushrooms, 2g of Alba white truffles and 24k gold flakes served on a gold-plated engraved tray. 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. [2] It was billed as the most expensive private residence in the United States,[10] and at 105,000 square feet, is one of the country's largest private homes. [12] A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.[13]. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. Niami told reporters at the time that he was working on a deal. 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. Mr. Niami said through a spokesperson that he and his ex-wife Yvonne Niami ended up losing $44 million on the project, plus 10 years of my life.. 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. Its like, Oh my God, look at the mortgage payments, he said. 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. Shares the stories you may have missed from the world of luxury real estate. Nile Niami is an American millionaire who is both a film producer and a real estate developer. 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. However, Niami eventually realized that he would not make enough profit from movies as a producer. He collaborated with architect Paul McClean in many of his projects. Initially, he thought no one would be interested in high-valued specs homes. [5][8][9] After eight years of development and numerous delays, it was completed in 2021. StackStashers provides its users with financial information. [4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. What Is Tom Selleck Net Worth? In today's episode, we talk about this update.REAL ESTATE INVESTING COURSE -https://scottedwardrealestate.com/real-estate-investing-course/FOLLOW ME ON INSTAGRAM -https://www.instagram.com/scottedwardrealestate/ CHECK OUT MY WEBSITE (for more info about my real estate investing story) -https://www.scottedwardrealestate.comMEET WITH ME ONE-ON-ONE to talk about real estate investing, starting a youtube channel, or anything else. Today he is best-known for developing extremely lavish mansions in Los Angeles that can cost $100 million and above. 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. Otherwise, the lender could force a sale of the famous property, the report said. He is currently 54 years old and carries the Pisces zodiac sign. Nile began his career as a film producer. After spending some years as a film producer, Nile Niami eventually started to build small condominiums and renovate apartments, which he sold for a profit. If you need legal advice, please contact an attorney directly. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. The Biltmore Estate in North Carolina, with 178,926 square feet, takes first place, followed by New Yorks own Oheka Castle, with 109,000 square feet. Nile Niami first spoke with a real estate agent Drew Fenton. 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. Mr. Niami was also undergoing changes in his personal life. 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. The Nile set wanted to succeed in the field of Hollywood special effects and makeup after finishing high school. The mansion was later relisted for $60 million and sold in November 2020 for an unknown cost. Aiding in the . However, Nile Niami has a verified Instagram profile, where hes shared only six posts. [11], In March 2021, Niami's LLC, Crestlloyd, defaulted on US$165 million in debt related to the property, causing it to enter receivership. At the age of 19, he started working with his elder brother Doug Witkins. Niami previously posted a video in which he sets out a complicated scheme to tokenize the house and sell it as The One Coin, a digital currency. Michal Czerwonka for The Wall Street Journal, Jeff Bezoss Parents Buy Miami Megamansion for $34 Million, Modern Miami Home on the Venetian Islands With Lots of Natural Materials, Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million, Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%, Low Supply and Rising Rates Slow Hamptons Sales, but Prices Are Still Going up, An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price. Niami borrowed most . DISCLAIMER: The currency conversion is provided for illustration purposes only. He had cash-flow problems, Mr. Hankey said of Mr. Niami. Nile Niamis most significant project is The One, a massive mansion that he originally intended to sell for $500 million. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. Niami was married to Yvonne Niami, the founder of a tequila company called VIVA XXXII, and a charitable clothing label called N:Philanthropy. Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. 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. Some of these items ship sooner than the others. Nile Niami is an American film producer and real estate developer. He started his own production company a few years later. It was directed by Russel Mulcahy and starred Robert Joy, Leland Orser, and Christopher Lambert. Previously, he was married toYvonne Niami. [2] He was raised by a single mother,[3] a special education teacher. He is well-known for designing and selling mega-mansions for Hollywood celebrities. Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. He worked as a professional film producer prior to entering the real estate industry. A judge approved the sale a few weeks later. 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. Your email address will not be published. January 3, 2022. Nile was born in the year 196 in Los Angeles, California. Jay Influencer March 27, 2022 Luxury, Finance No Comments 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. Nile Niami is a real estate developer and film producer from the United States. We now know everything about Nile Niami and his net worth. 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. 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. Both properties are about the same. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. 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. Producer: The Watcher. 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? Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. As a real-estate developer, he has amassed a huge amount. P. Diddy, for $39 million. A watershed moment came in 2012 when he flipped a home to the Winklevoss twins (of Facebook fame) for $18 million. He has also done research on prosthetics employed in horror film special effects. [3], As a real estate developer in Los Angeles, Niami built a mansion in Holmby Hills which he sold to a Saudi buyer for US$44 million. Opus was then valued at $38 million, far below its original asking price. The home made waves with its enormous size and $500 million price tag. Designed by architect Paul McClean and developed by Niami, the property also offered nearly $12 million worth of Lamborghinis, Rolls-Royces, and Damien Hirst paintings. To add to the extravagance of the home, theres a moat surrounding the entire estate. [2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell. He was reared by a single mother who worked as a special education teacher, according to accounts. Richard Saghian, founder and CEO of Fashion Nova purchased the famous home The One by Nile Niami for $126 million. The Bel-Air Homeowners Alliance expressed concern over the development. 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. After some years, Niami established his own production firm. He produced the thriller The Watcher in 2000. Niami gained massive popularity when he started constructing a 100,000-square-foot megamansion dubbed The One in Bel Air, which he listed on the real estate market for $500 million. The Making of the Most Expensive Mansion in History. Around this time the home's asking price had been lowered to $225 million. Since his acrimonious public divorce, he hasnt been seen with anybody and hasnt made any public announcements about his relationship status. In a failed venture, Nile created an app for single men looking for friends. It was legally a loss after the improvements and restorations. In 1995, he produced the sci-fi thriller film Galaxies as a result. 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. 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.. 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.. Nile Niami's The One finally Sold for $141 million dollars! In 2017, Floyd Mayweather paid Nile Niami US$ 26,000,000 for his property. 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. Chris Hemsworths net worth is $130 million as of 2023. On a hilltop in Bel Air, a 100,000-square-foot gigamansion is under construction, for no one in particular. After several controversies surrounding the property, it was sold in March 2022 for $126 million, after the bankruptcy court judge authorized the sale despite objections from Niami. Most of his accounts are verified accounts, something many high-profile individuals do to assure followers of their authenticity. Recent posts on his verified Instagram account point to his current project, The One Truth Network. He started out as a film producer then transitioned into the real estate development world. Keep an eye out for Nile Niamis mega-mansion The One! Nile Niamis Collaborations with Paul McClean, Erealist Da Comedian (Jack Gang) Net Worth, Martin Eberhards Net Worth [Did Tesla Make Him A Billionaire? According to real estate experts, the buyer could be another developer who intends to improve and remodel the property, obtain the necessary permissions, and then resell it. 102k Followers, 3 Following, 41 Posts - See Instagram photos and videos from The One (@nileniami) His first film, Galaxis, was a science fiction action film released in 1995. He seemed to be more into following the divorce. Originally, the place had been expected to list for around $500 million, so you could be scoring a sweet deal, depending on how one looks at it. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. During his high school, he took night classes to get certified in cosmetology. As a producer of movies Before he started constructing tiny condominiums and remodeling houses to sell, he produced 15 movies. (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! Outside of The One, Niami has also worked extensively with top-tier architect, Paul McClean. A decade in the making, mega-mansion developer Nile Niami's dream of constructing "the One," a 105,000-square-foot spec mansion on a five-acre parcel in Bel-Air, has been buried under $165. 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. 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