He is very well known as the daring man who builds big mansions for celebrities. in 1997, "Point Blank", "The Patriot" in 1998, "The Survivor" in 1998, "Resurrection" in 1999, "The Watcher" in 2000, and "Camouflage" and "Tart", both in 2001. 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. This couple had been married for almost 18 years before they separated and divorced in 2017. During their marriage, they participated in many philanthropic endeavors. He then sold the global film rights to Witkins production business. Niami promoted The One as his life purpose and the biggest, most costly mansion in the urban world when he first started construction more than a decade ago, with an eventual asking price of $500 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). 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. Don Hankey, a subprime banking giant from Los Angeles, was the projects largest lender, lending more than $125 million. The One has been placed into receivership by the Los Angeles County Superior Court, with more than $165 million in outstanding loans and bills, in an attempt to get Niamis creditors paid. His average annual salary is around $97,911 each year. [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. ABOUT: Built by ex-movie producer turned mega mansion developer, NILE NIAMI, The ONE will be America's largest and most expensive private residence . In January 2022, the enormous property was listed for $295 million. "[2], Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available. It was directed by Russel Mulcahy and starred Robert Joy, Leland Orser, and Christopher Lambert. Tragically, a house invader killed his mother in 2001. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Gayatri Bhaganagare is a fresher in the Research industry. While still a high school student, he pursued cosmetology training after school. Nile was born in the year 196 in Los Angeles, California. He is listing it for $39.995 million. 420 Lexington Avenue, Suite 300 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. However, Niami eventually realized that he would not make enough profit from movies as a producer. 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. The home made waves with its enormous size and $500 million price tag. Previously, he was married toYvonne Niami. He collaborated with architect Paul McClean in many of his projects. He made the horror-thriller video T.N.T. DNA, was his first action picture. 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. A One-Time $500 Million Bel Air Mansion Has Defaulted On Its Debt And Has Been Placed Into Receivership, Los Angeles Is Home To The Largest (And Most Expensive) Residence In The World, Los Angeles Mansion The One Formerly Priced At $500 Million, Is $100 Million+ In Default On Its Loans. Estimates for Niamis net worth sit around $50 million. To add to the extravagance of the home, theres a moat surrounding the entire estate. Bryce is apparently 18 years old, and his younger son Brent is 15 years old. Additionally, he built about 30 luxury homes in Los Angeles. He collaborated with architect Paul McClean in many of his projects. The property, which took nearly a decade to build, stands atop a hill in Bel Air with views of the Los Angeles basin. He was born and raised in the San Fernando Valley in Los Angeles. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. We are not responsible for any loss that you may incur as a result of relying on these currency conversions. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? Nile Niami was born in Bel Air, Los Angeles, California in 1968. 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. 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. [14] Lanes oversaw completion of the property and secured a certificate of occupancy. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. 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.. In a failed venture, Nile created an app for single men looking for friends. Nile Niami got his start as a film producer. 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. He said that construction on The One stopped and started over the years because funds were disbursed slowly by Mr. Hankey, and that Mr. Niami had to advance money to pay for the construction. 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. He started out as a film producer then transitioned into the real estate development world. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. This allows him to blend indoor and outdoor spaces, giving homes a modern, yet natural feel. If you like what were doing, consider supporting us by clicking. Today he is best-known for. Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. Mr. Niamis houses had previously traded quickly; now they were lingering unsold. It was legally a loss after the improvements and restorations. He mentioned to Nile Niami the growing market for spec houses and apartments valued between $10 & $15 million. Around this time the home's asking price had been lowered to $225 million. Show details Hide details . As a producer of movies Before he started constructing tiny condominiums and remodeling houses to sell, he produced 15 movies. The asking price$500 million . He began his career as a film producer before moving into real estate development. Most of these films were B movies, helping him start his fortune. Get WhatsApp Aero APK Anti-Ban (Official Latest): Everyone Wants to Know This! He worked on developing and flipping houses. His wife, Yvonne Niami, is also involved in philanthropic efforts. In 1995, he produced the sci-fi thriller film Galaxies as a result. Nile Niami is married to Yvonne 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. The One, which lies on 3.8 acres and has 21 bedrooms and 42 bathrooms, rises like a spaceship from the manicured hills of Bel Air. Similarly, after three years, in 2017, he sold a $26 million mansion to Floyd Mayweather. 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! [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. He racked up big-ticket deals, include the 2014 sale of a Holmby Hills mansion with an underwater tunnel to P. Diddy for $39 million; the rappers spokesperson didnt respond to a request for comment. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. [2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell. 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. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. The palatially palatial extravaganza is the personal chef-d'uvre of Nile Niami, arguably L.A.'s most famous and famously bombastic developer of ultra-high-end mansions, the snazzy contemporary kind seen in magazines and bought by billionaires.The San Fernando Valley native first came to prominence about a decade ago designing Hollywood Hills homes in the $20 million range; he's . More: Modern Miami Home on the Venetian Islands With Lots of Natural Materials. 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. 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. This couple has two kids. Nile Niami finished the property named Opus in 2017 which is located in Beverly hills and boasts 20,500 square feet. Paul McClean is an architect extraordinaire, trained in Ireland and working in the greater Los Angeles area since 2000. 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. He came from nothing. This marks the first of the 50 locations that Nile Niami plans to open. He has been selling houses worth hundreds of millions of dollars. 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. With perhaps one exception, these violations were not caused by me, he said. The Nile is said to have a special affinity with his sons. Bryce and Brent Niami are their names. Although his LLC, Crestlloyd, declared bankruptcy, Niami continues to hold onto his personal wealth. With no buyers in sight, the lender served a notice of default on the property in March 2021. 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. In high school, He pursued cosmetology training at night. He produced the thriller The Watcher in 2000. He also developed condo complexes. In 2015, Niami also launched an app called Wolfpack, which he designed to help single men look for friends. 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. all Biography and data about your favorite person are correct. 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 owner of Fashion Nova", "Scooter Braun sells to developer building $500-million Bel-Air compound", https://en.wikipedia.org/w/index.php?title=Nile_Niami&oldid=1140607178, This page was last edited on 20 February 2023, at 21:58. The only thing we know is that he was schooled by a remarkable instructor who also happened to be his mother. Niami had perfected the art of selling from a young age. According to a two-part home tour broadcast on YouTube in April, the huge property has 20 bedrooms, including eight bedrooms for the employees and a three-bedroom guest house, approximately six elevators, a library, cigar room, and confectionery room. 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. 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. However, Nile Niami has a verified Instagram profile, where hes shared only six posts. The Nile and his wife got divorced due of unbridgeable differences. January 3, 2022. Menu. Nile Niami has a net worth of around $50 million. Nile pushed the spec market into existence, said architect Paul McClean, who was once a frequent collaborator of Mr. Niamis. Ted Lanes of Lanes Management was appointed as receiver. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. Recent posts on his verified Instagram account point to his current project, The One Truth Network. As a real estate developer, he earned a huge amount. Furthermore, he has created numerous popular programmes and films, like The Galaxies, The Watcher(2000), The Patriot, and The Survivor(1988), which helped him make millions. He really revolutionized Los Angeles real estate, because he took risks that nobody was willing to take, said Ms. Williams of The Beverly Hills Estates, who later worked on the sale of The One with her husband, Branden Williams. The bigger they are, the harder they fall, goes the old adage, and that definitely applies to Nile Niamis colossal mega-mansion, The One, which has gone into receivership after amassing millions of dollars in loans and obligations. ft. spec home The One which Niamis listed for US$ 500 million. 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. Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! [17], Niami purchased Scooter Braun's Bel Air house for US$9.5 million in July 2015. He gained his wealth from his years as a film producer, followed by two decades of work as a real estate developer. Tom Hiddlestons net worth is $40million as of 2023. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. Nile Niamis Early Life Did Nile Niami Grow Up Rich? Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. In 1998, he was also a producer of the motion pictures Point Black, The Patriot, and The Survivor. It entailed living in the mansion and holding boxing fights and charity galas in which celebrities such as Michael Jackson and Whitney Houston would perform via hologram. According to its chairman, Fred Rosen, the mansion was so large that it should have been considered a commercial endeavour.. There are several lenders who are still owned. He spoke of having holograms of entertainers like Whitney Houston, Michael Jackson and Elvis Presley entertain crowds at these events. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. In 2001, he directed the action comedy. 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. Nile Niami is not particularly active on social media sites. Technically to receive it's certificate of occupancy. ", "In Los Angeles, a Nimby Battle Pits Millionaires vs. Billionaires", "7 Things to Know About the Coming $500 Million Mega-Mansion in Bel Air", "Diddy's New $39-Million Mansion Has an Underwater Tunnel", "The World's Largestand America's PriciestHome Is Ready for Its Close-up", "California Dreaming: Record $500 Million Tag on L.A. Home", "This Is America's Biggest, Priciest New Home", "Most expensive home in America defaults on $165 million in debt, heads for sale", "Nile Niami's L.A. Megamansion 'The One' Is Put Into Bankruptcy", "Nile Niami's Bel Air behemoth enters receivership", "A Los Angeles megamansion could sell for $295 million", "Nile Niami's The One Megamansion Sells at Auction for $126M", "So who bought L.A.'s 'The One' mega-mansion? 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. He has also done research on prosthetics employed in horror film special effects. MUST BE READ:Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! Residential Real Estate The One PR. For many buyers, it was too large, more like an office park than a private residence. The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. This films title varies around the world, in some places renamed A.D.N. 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. ], 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. Nile Niami trains skilled individuals. There is a 4,000 square-foot guest house. P. Diddy, for $39 million. He then started his own manufacturing company. In 1998, Niami produced Point Blank, a direct-release film starring Mickey Rourke. 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. Links included in this description might be affiliate links. The divorce filing cited irreconcilable differences as the reason for their separation. 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. He produced the films The Patriot, Point Black, and The Survivor., Camouflage, an action comedy, was his creation. She also started the charity clothing business N: Philanthropy. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. If you need legal advice, please contact an attorney directly. Nile Niami is an American millionaire who is both a film producer and a real estate developer. All net worths are calculated using data drawn from public sources. Frequent headlines about the house were also a deterrent to buyers, agents said. Nile Niami. In 2017, the couple parted ways. 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. Richard Saghian, founder and CEO of Fashion Nova purchased the famous home The One by Nile Niami for $126 million. To report about any issues in our articles, please feel free toContact Us. Nile Niamis net worth is calculated based on his income from his time in film and his years as a real estate developer. 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. This account is based on interviews with lenders, business associates, personal friends, real-estate agents and construction experts who interacted with Mr. Niami while he was building The One. A 105,000-square-foot Los Angeles megamansion known as "The One" sold at a bankruptcy auction for $141 million. In 2017, Nile completed work on a home in Beverly Hills which he soon listed for $100 million. In October 2021, after issuing Mr. Niami several extensions on his loans, Mr. Hankey filed to foreclose on The One. Most of his accounts are verified accounts, something many high-profile individuals do to assure followers of their authenticity. After a year, he earned great success with his luxury specs house. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. He first stepped into the public eye as a film producer, producing over a dozen films over the years. Nile Niami is a real estate developer based in Southern California. 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.. Nile has previously appeared in films and television programmes such as The Galaxies, The Watcher, and The Patriot. Two years later, Niami sold one of his spec homes to rapper and musician Sean Combs, a.k.a. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. If you purchase a product or service with the links that I provide I may receive a small commission. Nile Niami and His INSANE $500M Mansion! In the year 2014, he sold a $39 million custom-built house in Holmby Hills to P. Diddy. Nile Niami Goes BANKRUPT For "Biggest Modern Home in America"Hi there, and welcome to Inner Dive! However, some experts place his net worth significantly lower, around $10 million. Hankey, who could have used his loan to credit bid, according to people familiar with the deal, was not the ultimate buyer. Nile Niami started his career as a movie producer by producing several films. 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.. Most significantly, McClean helped Niami to design The One.. 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. Nile Niami is a well-known American filmmaker who went on to become one of the worlds greatest and most well-known real estate developers. Attorney directly locations that nile Niami Goes BANKRUPT for & quot ; Hi there and... Links included in this description might be affiliate links his spec homes to and. Named Opus in 2017, he sold a custom-built mansion in Holmby Hills to P. Diddy developer based Southern!, Entrepreneurs Tyler Winklevoss after the improvements and restorations purchased modern view homes for US $ 500 million mother... 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