After a year, he earned great success with his luxury specs house. All information on this site should be used for informative and educational purposes only. Nile has previously appeared in films and television programmes such as The Galaxies, The Watcher, and The Patriot. As of 2022, his net worth was approximately $50 million. But Mr. Niami soon found himself facing more competition amid a glut of spec homes. Mr. Niami also used unconventional marketing techniques, real-estate agents said. Yvonne Niami was the former spouse of Nile Niami. Niami. After some years, Niami established his own production firm. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. [2], Niami started his career as a film producer. 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. He collaborated with architect Paul McClean in many of his projects. By the onset of the pandemic in 2020, Mr. Niami still hadnt completed The One. Be the first to know when new posts come out! How much is he worth, exactly? Over the years his flips got more and more expensive. Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. However, Nile Niami has a verified Instagram profile, where hes shared only six posts. He began working as a real estate developer. Im not that sensitive of a personIve been in this business a long time and I can handle myselfbut I started crying.. He built condos and reimagined homes in the greater Los Angeles area. Nile Niami is an American film producer and real estate developer. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. Mr. Saghian hadnt made an offer, the agents said, but as the auction loomed in early 2022, they convinced him to see it again. Bryce and Brent Niami are their names. All property prices are as stated by the listing agent. Nile Niami is a former film producer. Niami had developed the art of selling at a very young age. He was born and raised in the San Fernando Valley in Los Angeles. 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. Niami had been educated by his mother, a special education teacher. He is currently 54 years old and carries the Pisces zodiac sign. Nile pushed the spec market into existence, said architect Paul McClean, who was once a frequent collaborator of Mr. Niamis. 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. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. Tom Hiddlestons net worth is $40million as of 2023. ft. spec home The One which Niamis listed for US$ 500 million. 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. 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. A judge approved the sale a few weeks later. And while the Williamses said they had been working for several years to find a buyer, the house had never officially been on the market. 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. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. Nile Niamis net worth is calculated based on his income from his time in film and his years as a real estate developer. 1968 saw the birth of Nile Niami in Bel Air, Los Angeles, California. The guy was Nile Niami, then an up-and-coming developer in his early 40s with ambitious plans in the L.A. spec-home space. After getting married in the late 1990s, he and Ms. Niami began eyeing bigger and bigger homes. 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. ], 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. In 2020, Opus defaulted by the lender and force Nile to turn over ownership of the property. As a result, he became well-known within the real estate sector fast. However, we do not have access to information on his schooling. McClean Design has grown over the years, becoming one of the most prominent contemporary residential design firms in Southern California. He mentioned to Nile Niami the growing market for spec houses and apartments valued between $10 & $15 million. The house is also poised to create history as the most expensive home in the world ever to sell at auction, according to marketing materials. and in others renamed Genetic Code. 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. 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. Similarly, after three years, in 2017, he sold a $26 million mansion to Floyd Mayweather. 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. He worked in special effects for low-budget movies before starting his own production company in 1994. In recent years, his massive mega-mansion, The One, has made headlines across the country. Previously, he was married toYvonne Niami. Nile Niami continues to work as a real estate developer to this day. And one more thing.. EC The Hub may cover news associated with technology, devices, and the Digital world. 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. As his career in film came to a close, Nile began working as a real estate developer. Outside of The One, Niami has also worked extensively with top-tier architect, Paul McClean. The home has a grand total of 7 bedrooms, and 11 bathrooms and even featured a champagne vault. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. In 2017, Nile completed work on a home in Beverly Hills which he soon listed for $100 million. This perception was bolstered by Mr. Niamis active social-media presence. The Making of the Most Expensive Mansion in History. According to Laura Brady, CEO of Concierge Auctions, which auctioned the mansion, the total transaction price would be $141 million, including the buyers premium. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. As his producing career rose, Nile began making real estate investments, flipping cheap homes in LA's suburbs. During his high school, he took night classes to get certified in cosmetology. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. Nile Niami is an American film producer and real estate developer. In a failed venture, Nile created an app for single men looking for friends. 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. 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. Frequent headlines about the house were also a deterrent to buyers, agents said. 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. StackStashers provides its users with financial information. His mom, who raised him alone, was a special education teacher. Richard Saghian, founder and CEO of Fashion Nova purchased the famous home The One by Nile Niami for $126 million. As a real estate developer, he earned a huge amount. Estimates for Niamis net worth sit around $50 million. He is a millionaire who was raised by a single parent and have age 54. Otherwise, the lender could force a sale of the famous property, the report said. Most of these films were B movies, helping him start his fortune. Lenders grew concerned about his lifestyle and partying, according to multiple people involved in the bankruptcy process. After two years, he sold rapper and singer sean combs (P. Diddy), one of his specs mansions for US$ 39 million. Nile Niami is married to Yvonne Niami. 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. Nile Niami is a real estate developer based in Southern California. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. Choose items to buy together. 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. Niami borrowed most . Two years later, Niami sold one of his spec homes to rapper and musician Sean Combs, a.k.a. In 2015, Nile Niami spent US$9.5 million on Scooter Brauns home. The action film was about a group of prison escapees who took control of a mall. Mr. Saghian and Mr. Niami had first met a few years earlier, when Mr. Niami gave Mr. Saghian a tour of The One. Today, he is very known for building extravagant homes in Los Angeles. It was a very competitive bidding process, Brady added We had a strong field of bidders, with bidders from multiple countries. Brady said, declining to comment on the buyer, who is anticipated to be identified in the coming days to the bankruptcy court. Mr. Niami grew up in a working-class area of the San Fernando Valley. In the year 2014, he sold a $39 million custom-built house in Holmby Hills to P. Diddy. Nile Niami trains skilled individuals. He is a real estate entrepreneur who was raised by his single mother at the age of 54. 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. The lender gave Niami 90 days to repay the loan. As a producer of movies Before he started constructing tiny condominiums and remodeling houses to sell, he produced 15 movies. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. He also produced the romantic crime drama Tart that same year. He had mastered the craft of selling since he was a little child. In October 2021, after issuing Mr. Niami several extensions on his loans, Mr. Hankey filed to foreclose on The One. Unfortunately, this massive project caused Niamis company, Crestlloyd, to declare bankruptcy. A 105,000-square-foot Los Angeles megamansion known as "The One" sold at a bankruptcy auction for $141 million. In 1999, Niami produced a horror film, Resurrection. Niamihasa net worth of $50 million, according to Celebrity Net Worth, as of August 2021. In January 2017, she filed for divorce after 18 years of marriage. David Cronenberg also had a cameo role in the film as a priest. Dit huis pronkt met een verbluffende mix van moderne architectuur en gedurfde designelementen en . Who is this guy? Ms. Williams said she recalls thinking when he announced such a quick decision. Niami had perfected the art of selling from a young age. Two years later he sold a mansion in Beverly Hills for $38.3 million. Add all three to Cart . if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'biographyhost_com-medrectangle-4','ezslot_7',115,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-medrectangle-4-0'); In 1998, he produced filmsPoint Black,The Patriot, andThe Survivor. If you purchase a product or service with the links that I provide I may receive a small commission. Not feeling like reading today ? The The mansion became the most expensive private residence in the United States and one of the most expensive homes in the world. 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. Sadly, he had to lose his mother in a home assault in 2001. 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. Shirley is the Managing Editor at EC The Hub. He would go on to produce the films "Terminal Force" in 1995, "DNA" in 1996, "T.N.T". It sold for only $126 million, a price significantly lower than originally projected. 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. Shirleyjoined EC The Hub inlate2016in the newly created position of managing editor, designed to help the foundation bolster its editorial systems and capacity. 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 2001, he directed the action comedy. Niami, known. The massive house is over a hundred thousand square feet, making it one of the biggest personal homes in the United States. Now, lets see whether the Nile has a girlfriend or is involved in any form of an extramarital relationship. Earlier this year, the financial woes of Mr. Niamis signature project reached a climax, ending a saga that had captivated L.A. real-estate observers for a decade. 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. It has multiple outstanding building and occupancy licenses, and its construction is being challenged by a local homeowners group. 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. 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. The One has nine bedrooms, multiple kitchens, an entire nightclub, a bowling alley, a complete gym, and a home theater with fifty seats. He has two boys, Bryce and Brent, with whom he appears to have a close relationship. According to the report, Niami borrowed $82 million from Hankey Capital in 2018 to build the megamansion, but his debt soared to more than $110 over the three years. [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. Ms. Niami didnt respond to requests for comment. Nile Niamis The One finally Sold for $141 million dollars! He then produced the 1997 action filmT.N.T. [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. Opus was then valued at $38 million, far below its original asking price. 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. Today he is best-known for. Menu. Nile Niami is an American film producer as well as real estate developer, who build and sold million-dollar mansions. This Bel Air mega-mansion is another collaboration between Niami and Paul McClean. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. Nile Niami is an American millionaire who is both a film producer and a real estate developer. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. Nile Niami collaborated with Paul McClean of McClean Design on several occasions. While many in the real-estate industry now view Mr. Niamis troubles as a cautionary tale, Mr. Williams said he would never count the developer out. A watershed moment came in 2012 when he flipped a home to the Winklevoss twins (of Facebook fame) for $18 million. 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 $165. 95662, United States. He has been selling luxury homes worth hundreds US$ 100 million. In the ensuing years, he created the horror-thriller video DNA. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. Nile Niami, who is sometimes referred to as the king of the Los Angeles megamansion, at his West Hollywood home. He sold it in December 2020 for $ 9.58 million. Niami bought the property in late 2012 for $28 million from now-deceased video game heiress Rita Kogan. 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 2017, he completed a 21,000-square-foot mansion known as Opus in Beverly Hills, which he would list for $100 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. The creator of the tequila company VIVA XXXII is his ex-wife. Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. With perhaps one exception, these violations were not caused by me, he said. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. Today he is best-known for developing extremely lavish mansions in Los Angeles that can cost $100 million and above. The entire property sits on an impressive acre. He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. This marks the first of the 50 locations that Nile Niami plans to open. They had been married for almost 18 years before splitting up and getting divorced in 2017. Technically to receive it's certificate of occupancy. 102k Followers, 3 Following, 41 Posts - See Instagram photos and videos from The One (@nileniami) 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. Later, he became a real estate developer. Tragically, a house invader killed his mother in 2001. Bryce and Brent Niami are the names of Niles kids. He began his career as a film producer before moving into real estate development. However, if any information becomes available, we will undoubtedly upload it. 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. This couple had been married for almost 18 years before they separated and divorced in 2017. The 105,000-square-foot Bel Air estate, known as "The One," was placed into receivership and is expected to be relisted at a lower price. [3] The construction attracted unease from the Bel-Air Homeowners Alliance,[4] whose chairman, Fred Rosen, suggested it was so big it should have been "considered a commercial project", subject to more restrictive regulations. [17], Niami purchased Scooter Braun's Bel Air house for US$9.5 million in July 2015. Nile Niami also produced T.N.T. Hes passionate about helping connect modern living with the surrounding natural features of a property. Both properties are about the same. But Mr. Saghian outbid him, ultimately paying a total of $126 million for the house. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. He immediately came to the conclusion that he couldnt make a living as a producer. This couple has two kids. [16] The buyer was Richard Saghian, owner of Fashion Nova. 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