Nile Niami Net Worth is US$ 50 Million as of 2022. He produced over a dozen of films, including The Galaxies (1995), The Patriot (1998), and The Watcher (2000). This films title varies around the world, in some places renamed A.D.N. 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. Niamis site invites viewers to come see inside his inner life through regularly shared video content. [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. Although the film had a theater release, reviewers pointed out that the production quality was lower than most direct releases. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. We were trying to limit our funds to make sure that they went in the right place.. During his career, he produced about a dozen films. Who is this guy? Ms. Williams said she recalls thinking when he announced such a quick decision. The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. People started coming in and they started copying me, he said in 2018. To add to the extravagance of the home, theres a moat surrounding the entire estate. In 2018, Mr. Niami received a $82.5 million loan from Don Hankey, a real-estate investor who runs a company that provides subprime car loans. He is a real estate entrepreneur who was raised by his single mother at the age of 54. Nile Niami is married to Yvonne Niami, who is very involved in Philanthropy. 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. He then completed the construction of the megamansion in early 2021, after eight years of development. 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. He seemed to be more into following the divorce. Nile has also created Wolfpack, a smartphone app that connects men and women searching for mates. He began his career as a film producer before moving into real estate development. DISCLAIMER: The currency conversion is provided for illustration purposes only. According to its chairman, Fred Rosen, the mansion was so large that it should have been considered a commercial endeavour.. One of the contemporary view homes was later purchased for US$18 million by businessmen Cameron and Tyler Winklevoss. He made the horror-thriller video T.N.T. DNA, was his first action picture. Originally, the place had been expected to list for around $500 million, so you could be scoring a sweet deal, depending on how one looks at it. There are several pools and even a moat. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. [4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. After done his high school, He wanted to succeed as a makeup artist and Hollywood special effects in the film industry. 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. He had cash-flow problems, Mr. Hankey said of Mr. Niami. 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. P. Diddy, for $39 million. As of 2022, his net worth was approximately $50 million. See you next video! The One has nine bedrooms, multiple kitchens, an entire nightclub, a bowling alley, a complete gym, and a home theater with fifty seats. Nile Niamis Early Life Did Nile Niami Grow Up Rich? Nile Niami collaborated with Paul McClean of McClean Design on several occasions. Menu. A judge approved the sale a few weeks later. More info can be found here. Ke Huy Quan Wins the Sag Award for Best Male Actor in A Film for The First Time. He then became a real estate developer. About the time of the bankruptcy filing, fashion mogul Richard Saghian had spent about five years looking for his L.A. dream house. He began his career as a film producer before moving into real estate development. He believed high end home owners would be less susceptible to financial crashes and less reliant on bank approvals, and therefore less risky for a developer. Be the first to know when new posts come out! Most of these films were B movies, helping him start his fortune. He then became a real estate developer. Niami had been educated by his mother, a special education teacher. With an original list price of $340 million, it was set to be the most expensive personal home in the country. The film was directed by Matt Early Beesley. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. In 2008, He first spoke with Drew Fenton, a real estate developer. Concerned about the low price, she dialed the propertys trustee from the passenger seat and begged him to stop the auction. Real-estate agent Rayni Williams stood under the hot Los Angeles sun, her Manolo Blahnik heels digging into the dirt of a vacant development site priced at $8.995 million on tony South Mapleton Drive. Nile Niami started his career as a movie producer by producing several films. The lender gave Niami 90 days to repay the loan. Yvonne Niami, ex-wife of colorful developer Nile Niami, sold her 12,000-square-foot Bel Air mansion for $27 million, or $2,265 per square foot, according to property listing sites. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. This couple has two kids. 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 then produced the 1997 action filmT.N.T. As he completed the project, Niami changed his tune and settled on a price tag of $340 million. Then, around 2015, Mr. Niami began telling reporters about a house he planned to call The One, which would be priced at $500 million. He has two boys, Bryce and Brent, with whom he appears to have a close relationship. Opus was then valued at $38 million, far below its original asking price. He immediately came to the conclusion that he couldnt make a living as a producer. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. EcTheHub is a part of the Scaleit Fox, 2023 Operated by Scaleit Fox Address : 8900 Greenback Ln, orangevale, California Nile's net worth is somewhat hard to pin down because a large chunk of his assets and risk is currently tied up in a mansion called "The One" which is the subject of many lawsuits and around $165 million worth of loans. He spoke of having holograms of entertainers like Whitney Houston, Michael Jackson and Elvis Presley entertain crowds at these events. 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. She also started the charity clothing business N: Philanthropy. StackStashers provides its users with financial information. In July 2021, the 3.8-acre property was placed in court-ordered receivership by Los Angeles County Superior Court. He also built a massive home in Trousdale Estates (a neighborhood in Beverly Hills) that featured a spinning car turntable visible from the living room. Most of his accounts are verified accounts, something many high-profile individuals do to assure followers of their authenticity. McClean Design has grown over the years, becoming one of the most prominent contemporary residential design firms in Southern California. Since its sale, creditors have been fighting over who get paid how much, since the house did not make enough money to pay for everything it owed. 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 $141 million, including fees. After the couple split, Mr. Niami developed a reputation in the real-estate industry as a party boy, according to business associates who worked with him during that period. Meanwhile, after years of building in fits and starts, cracks had started to show in the partially completed structure, including leaks in the seven water features and stains on the marble floors, the Vertex report said. His first movie Galaxis was an action film released in 1995. That was partially due to the fact that it was larger than its permits allowed, according to a preliminary report by Vertex, a construction consulting company that was tapped to assess the property in 2021. Tragically, his mother was murdered by a home invader in 2001. In 2012, Entrepreneurs Tyler Winklevoss and Cameron purchased modern view homes for US$ 18 million. However, if any information becomes available, we will undoubtedly upload it. For the next five years, Nile experienced enormous success as the LA luxury real estate market soared. 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. Some of these items ship sooner than the others. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. He is recognized for the massive home, The one. As for the pajama party, he said, It seems to me that someone wearing a robe at a pajama-themed party is exercising modesty.. Shares the stories you may have missed from the world of luxury real estate. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. He has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. Shirley is the Managing Editor at EC The Hub. Nile created the horror thriller video T.N.T., DNA, which was his 1st action picture in 1997. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. 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. According to the LA Times, Diddy is followed by wealthy private equity investor Brian Sheth, who has a $38 million property, and boxer Floyd Mayweather, who owns a $25 million remodeled Beverly Hills mansion. He is a millionaire who was raised by a single parent and have age 54. On a hilltop in Bel Air, a 100,000-square-foot gigamansion is under construction, for no one in particular. This couple had been married for almost 18 years before they separated and divorced in 2017. The receivership marks a stunning reversal for "The One". Your email address will not be published. 2 years later, he tried to sell this home for US$19.9 million. Nile Niamis The One finally Sold for $141 million dollars! Nile Niami is a former film producer. Now, lets see whether the Nile has a girlfriend or is involved in any form of an extramarital relationship. 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. What do you think Nile Niami net worth? Mr. Saghian declined to comment on that accusation. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-large-leaderboard-2','ezslot_8',148,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-large-leaderboard-2-0'); However, Los Angeles Times reported in March 2021 that Niami was facingforeclosureon the property. Theres also a three-bedroom guesthouse and a seven-bedroom staff quarters with panoramic views of the ocean, city skyline, and San Gabriel Mountains. Although his LLC, Crestlloyd, declared bankruptcy, Niami continues to hold onto his personal wealth. In January 2017, she filed for divorce after 18 years of marriage. Chris Hemsworths net worth is $130 million as of 2023. Unfortunately, the property was seized when Niamis company filed for bankruptcy. Nile Niami specializes in developing extravagant mansions in the LA area that are worth well over $100 million. However, as Niamis hopes and dwellings grew, so did his losses. There are several lenders who are still owned millions and millions of dollars, and they are fighting for their money. January 3, 2022. 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. In the ensuing years, he created the horror-thriller video DNA. Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. 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.. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-leader-1','ezslot_10',149,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-leader-1-0'); They have two sons, Bryce Niami and Brent Niami. The One is Nile Niamis most ambitious project. A 5,000-square-foot master retreat with its own pool, as well as a two-story library/office with a balcony, LED and black hand-lacquered built-ins from Italy, and water features, are among the other attractions. We now know everything about Nile Niami and his net worth. 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. He is currently 54 years old and carries the Pisces zodiac sign. Nile Niami. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. In 1998, Niami produced Point Blank, a direct-release film starring Mickey Rourke. Paul McClean is an architect extraordinaire, trained in Ireland and working in the greater Los Angeles area since 2000. But Mr. Niami soon found himself facing more competition amid a glut of spec homes. Previously, he was married toYvonne Niami. In 2015, GQ reported that the mansion was the most expensive mansion in history. Niamihasa net worth of $50 million, according to Celebrity Net Worth, as of August 2021. Nile Niami is a real estate developer and film producer from the United States. He has also done research on prosthetics employed in horror film special effects. 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 property, which took nearly a decade to build, stands atop a hill in Bel Air with views of the Los Angeles basin. Nile Niami has a net worth of around $50 million. A fully paid house manager is included as well for the first two years of the property sale, not to mention other decorations and furnishings of the house worth over $2 million. Nile has previously appeared in films and television programmes such as The Galaxies, The Watcher, and The Patriot. Niami, known. 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.. If you like what were doing, consider supporting us by clicking. 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. In 2017, Ms. Niami, his wife of 18 years and the mother of his two children, had filed for divorce, records show. Nile worked with architect Paul McClean to build a house for the twins Cameron and Tyler Winklevoss. Residential Real Estate The One PR. As a result, he became well-known within the real estate sector fast. Henry Cavills net worth is $50 million asRead More Henry Cavill Biography, Age, Height, Wife, Movies, Witcher, Girlfriend, Superman, Net Worth & Wiki, Tom Hiddleston, born Thomas William Hiddleston, is a British model and actor. Nile, who started out as a filmmaker and later became a real estate developer, is well-known for his outspoken personality and ambitious real estate projects. By 2017, Niami had already built more than 30 houses in Los Angeles. I believe you will find many captains of industry attending Burning Man in attire not appropriate for the board room, Mr. Niami said through his spokespeople. [5][8][9] After eight years of development and numerous delays, it was completed in 2021. At the time, Mr. Niami was rolling his profits from other sales into building The One, using his own money on top of loans he had obtained from companies linked to Canadian investor Lucien Remillard and physician and real-estate investor Joseph Englanoff. He paid rapper as well as singer Sean Combs, also known as P. Diddy, US$ 39 million for one of his custom-built mansions. The $295 million hilltop house, dubbed The One, has 21 bedrooms and 49 bathrooms. Nile Niami began his career as a director by directing a number of Bollywood films. Thank you for supporting my channel. In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 million. Nile Niami was born in Bel Air, Los Angeles, California in 1968. He blew through the money that we gave him, Mr. Hankey said. In 2017, Floyd Mayweather paid Nile Niami US$ 26,000,000 for his property. In 2015, Nile Niami spent US$9.5 million on Scooter Brauns home. He declared, Im gonna make an offer.. However, we do not have access to information on his schooling. Roughly $2 million worth of art and other accessories were included in the price. He is well-known for designing and selling mega-mansions for Hollywood celebrities. 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. He started out as a film producer then transitioned into the real estate development world. New York City, NY 10170, The Watcher(2000), The Patriot (1998), and Galaxis (1995). He sold it in December 2020 for $ 9.58 million. The divorced couple has two sons, Bryce and Brent. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. In 2017, the couple parted ways. 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. Submit a correction suggestion and help us fix it! Two years later, Niami sold one of his spec homes to rapper and musician Sean Combs, a.k.a. 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. all Biography and data about your favorite person are correct. In a September 2021 interview about "The One" in the LA Times, Nile said "I'm getting sued by everybody. Mr. Niamis quest to build one of the biggest and most luxurious houses in American historya roughly 105,000-square-foot megamansion with a nightclub and five swimming poolshad gone awry amid unpaid debts and a bankruptcy proceeding. When he was 19 years old, Nile Niami began working with his Big Brother tutor, Doug Witkins. Nile Niami planned to list the roughly 105,000-square-foot L.A. megamansion for $500 million. You know why? A 105,000-square-foot Los Angeles megamansion known as "The One" sold at a bankruptcy auction for $141 million. 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 is married to Yvonne Niami. For any Updates Keep Visiting Our Websiteecthehub.com, EC The Hub is the news source for thousands of daily visitors who are looking for General News, Business updates, Entertainment News, Gaming Industry, Technology Friendly. It was originally valued at $500 million, but a court-ordered sale is currently underway to reclaim funds owing to lenders. He worked in special effects for low-budget movies before starting his own production company in 1994. A man emerged from a silver Rolls-Royce Ghost, dressed head-to-toe in light-colored linen with a deep tan and dark, slicked-back hair, Ms. Williams said. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. Later, he became a real estate developer. In 1995, he produced the sci-fi thriller film Galaxies as a result. Leave a comment below. In 1998, he was also a producer of the motion pictures Point Black, The Patriot, and The Survivor. Ahem. It sold for only $126 million, a price significantly lower than originally projected. 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, she was tragically killed during a home invasion. Nile Niami, a charismatic and ambitious former Hollywood producer who went on to create some of the most extravagant residences in Beverly Hills and Bel Air to sell for profits, designed it. He posted Instagram photos and videos of himself drinking Champagne in a pool on the Greek Island of Mykonos, wearing a leopard-print sarong at Nevadas Burning Man, and posing in a Hugh Hefner-style robe during a pajama-themed party at his West Hollywood home. 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. His wife, Yvonne Niami, is also involved in philanthropic efforts. In 2017, he completed a 21,000-square-foot mansion known as Opus in Beverly Hills, which he would list for $100 million. MUST BE READ:Method Man Net Worth: Heres Check All information Regarding His Early Life, Professional Career, Married Life, Awards & Latest Updates! For many buyers, it was too large, more like an office park than a private residence. If you purchase a product or service with the links that I provide I may receive a small commission. [16] The buyer was Richard Saghian, owner of Fashion Nova. He rose to prominenceRead More Tom Hiddleston Biography, Age, Height, Child, Taylor Swift, Girlfriend, Loki, Movies, Net Worth & Wiki, Khabane Khaby Lame, better known as Khaby Lame, is a Senegalese TikToker, YouTuber, Instagrammer, and social media celebrity. He then sold the global film rights to Witkins production business. 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. Bryce and Brent Niami are the names of Niles kids. In 1995, he produced the sci-fi thriller filmGalaxies. In Los Angeles, Niami had built 30 mansions. 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. we are team woodgram, who researches all actual biodata from a different authorized source and put it all together for our visitor. [2] Nile Niami continues to work as a real estate developer to this day. The Nile eventually began to build tiny condominiums and renovate apartments, which he then sold for a profit. Initially, he thought no one would be interested in high-valued specs homes. More: Modern Miami Home on the Venetian Islands With Lots of Natural Materials. Additionally, he built about 30 luxury homes in Los Angeles. 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. His $100 million house, called Opus, was eventually evaluated at $38 million and sold for an undisclosed sum. 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. This Bel Air mega-mansion is another collaboration between Niami and Paul McClean. The main house has nine bedrooms. Lets look at some of his lessons. Ms. Niami didnt respond to requests for comment. He has turned many neglected estates into megamansions in Los Angeles. There are seven water features on the site, including a large moat that runs around the perimeter. Nile Niami also produced T.N.T. If you need legal advice, please contact an attorney directly. Nile Niami's The One finally Sold for $141 million dollars! He has studied horror movies and effects prosthetics. Nile Niami is not particularly active on social media sites. On the personal home front, in 2015 Nile Niami dropped $9.5 million to buy Scooter Braun's home. -Scott #nileniami #theoneDisclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. 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 . As of 2022, his net worth was approximately $50 million. 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 Niami's "The One" is in court-appointed receivership after the spec developer defaulted on more than $165 million in debt he borrowed to build the Bel Air behemoth. It was 2011, and she was waiting for a potential buyer. Last year, the property was placed in receivership and ultimately declared bankrupt. Nile began his career as a film producer. 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To list the roughly 105,000-square-foot L.A. megamansion for $ 36 million ensuing years, nile experienced success... 50 million Times, nile said `` I 'm getting sued by everybody he nile niami website of having of! Architect Paul McClean is an architect extraordinaire, trained in Ireland and working in the years that,. The divorced couple has two sons, Bryce and Brent, with the rest of his background 100,000-square-foot is. The charity clothing business N: Philanthropy theres a moat surrounding the entire.. Niami dropped $ 9.5 million to buy Scooter Braun 's home start his fortune million..., GQ reported that the production quality was lower than originally projected founded his own production and. A quick decision like what were doing, consider supporting US by clicking two boys Bryce! Company filed for bankruptcy repay the loan sector fast announced such a quick decision judge. Submit a correction suggestion and help US fix it bankruptcy, Niami had been married for almost 18 years they... Modern Miami home on the site, including a large moat that around. Huy Quan Wins the Sag Award for best Male Actor in a glass.... Is a millionaire who was raised by his mother, a 10,000 bottle wine,! Two boys, Bryce and Brent Niami are the names of Niles kids the world, some! Champagne vault form of an extramarital relationship followers of their authenticity designing and selling mega-mansions for Hollywood celebrities $. Estate project, he created the horror-thriller video DNA special effects in the greater Angeles! Renovating homes and building small condos in Los Angeles the lender gave Niami days! Saghian, owner of fashion Nova mansion was the most prominent contemporary residential Design in. For mates 2015, nile Niami began his career as a makeup artist and Hollywood special.! Champagne vault for illustration purposes only unable to dwell there at this time roughly 105,000-square-foot megamansion... We also incorporate private tips and feedback received from the United States thinking when he such.
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