Nile Niami is an American film producer as well as real estate developer, who build and sold million-dollar mansions. To add to the extravagance of the home, theres a moat surrounding the entire estate. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. Leave a comment below. Nile Niami is an American film producer and real estate developer. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Get WhatsApp Aero APK Anti-Ban (Official Latest): Everyone Wants to Know This! [2] He was raised by a single mother,[3] a special education teacher. Frequent headlines about the house were also a deterrent to buyers, agents said. Mr. Niami had purchased the site in 2012 for $28 million, according to property records. The duo worked together to create a home for twins Cameron and Tyler Winklevoss. 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. Yvonne Niami was the former spouse of Nile Niami. Later, he became a real estate developer. Despite this major setback, Nile Niami continues to enjoy the lifestyle afforded by his financial success. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 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. He is currently 54 years old and carries the Pisces zodiac sign. -Scott #nileniami #theoneDisclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Niami told reporters at the time that he was working on a deal. The Nile is of American nationality, and based on his looks, he appears to be of mixed white ancestry. 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, 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. 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 lender gave Niami 90 days to repay the loan. During their marriage, they participated in many philanthropic endeavors. The Bel-Air Homeowners Alliance expressed concern over the development. 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. Over the years his flips got more and more expensive. We do our best to keep offers up-to-date. During his career, he produced about a dozen films. Technically to receive it's certificate of occupancy. However, we do not have access to information on his schooling. He then started his own manufacturing company. [2] Check out the video about The One instead: Nile Niamis The One : The largest new mansion in America sells for $141 million at auction. A multiday online auction was scheduled for March of 2022. Submit a correction suggestion and help us fix it! Nile Niami Was Born When? 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. Niamis debt had risen to over $190 million. He started out as a film producer then transitioned into the real estate development world. 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. Before he moved to real estate development, he produced roughly 15 movies. It was technically a loss after the cost of renovations and improvements. we are team woodgram, who researches all actual biodata from a different authorized source and put it all together for our visitor. She worked as a special education teacher during the day and owned a bar at night in Burbank. In 2001, he directed the action comedy. In 2017, Ms. Niami, his wife of 18 years and the mother of his two children, had filed for divorce, records show. Lets look at some of his lessons. However, some experts place his net worth significantly lower, around $10 million. Since his acrimonious public divorce, he hasnt been seen with anybody and hasnt made any public announcements about his relationship status. 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. Nile Niami is a real estate developer and film producer from the United States. Many of the homes he built sold for significant sums, helping him to amass his fortune. As of 2022, Nile Niamis personal wealth is equal to $50 million. The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. He would go on to produce the films "Terminal Force" in 1995, "DNA" in 1996, "T.N.T". While still a high school student, he pursued cosmetology training after school. He got off to a good start, selling P. Diddys $40 million Holmby Hills mansion with an underwater tunnel. ft. spec home The One which Niamis listed for US$ 500 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. As a film producer, he has created several popular films such as The Galaxies, The Watcher, in 2000, The Survivor, in 1988, The Patriot and more. All property prices are as stated by the listing agent. 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? Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Nile Niami was born in Bel Air, Los Angeles, California in 1968. In the ensuing years, he created the horror-thriller video DNA. As a result, he became well-known within the real estate sector fast. He has been selling houses worth hundreds of millions of dollars. Nile Niamis Early Life Did Nile Niami Grow Up Rich? Even if the spread sells for its original $500 million asking price, a New Yorker realtor-turned-Italian princess is auctioning a Roman villa this month for $534 million, which is sure to be met. Suddenly, a new bidder entered the fray, placing a bid of $90 million: Mr. Saghian had changed his mind. 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 . During his high school, he took night classes to get certified in cosmetology. 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. 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. 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. During L.A.s Covid-19 lockdowns in 2020, eight citations were issued for illegal parties at properties owned by Mr. Niami, according to the Los Angeles Police Department. Nile Niami is currently living a single life. 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. 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. The Nile and his wife got divorced due of unbridgeable differences. Nile Niami is a former film producer. If "The One" sells for a significant amount over its debt load, Nile could theoretically make out with millions. The hammer price is nearly $60 million less than the houses total debt, implying that numerous lenders may still lose money on the property. In Los Angeles, Niami had built 30 mansions. This perception was bolstered by Mr. Niamis active social-media presence. Otherwise, the lender could force a sale of the famous property, the report said. Mr. Niami grew up in a working-class area of the San Fernando Valley. The One is a 105,000 square foot mega-mansion in Bel-Air developed by Nile Niami and designed by Paul McClean. The home made waves with its enormous size and $500 million price tag. She handed him the heavy roll of architectural plans that had been drawn up for the site, which he slammed down on the hood so hard she said she feared had dented it. The The mansion became the most expensive private residence in the United States and one of the most expensive homes in the world. The entire property sits on an impressive acre. He first stepped into the public eye as a film producer, producing over a dozen films over the years. His first film, Galaxis, was a science fiction action film released in 1995. 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. Nile Niami is a real estate developer based in Southern California. It was 2011, and she was waiting for a potential buyer. [2][4][5] He produced 15 films, many of them B movies, before he started building small condominiums and renovating homes to sell. [4] He built another house in Holmby Hills, which was purchased by musician Sean Combs for US$39 million in 2014. He dubbed the 20,500 square-foot spec home "Opus". Who is Nile Niami married to? Niami borrowed tens of millions of dollars over the years to fund the massive project. 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. Hankey, who could have used his loan to credit bid, according to people familiar with the deal, was not the ultimate buyer. Nile Niami specializes in developing extravagant mansions in the LA area that are worth well over $100 million. 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. He produced over a dozen of films, including The Galaxies (1995), The Patriot (1998), and The Watcher (2000). 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. Nile Niami and His INSANE $500M Mansion! [3] The residential property features nine bedrooms, multiple kitchens, a nightclub, four-lane bowling alley, salon, gym, 50-seat theater, a running track, a 50-car underground garage, and a moat. This isnt the first time that a Niami mega mansion has run into difficulties. [16] The buyer was Richard Saghian, owner of Fashion Nova. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. 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. He produced the films The Patriot, Point Black, and The Survivor., Camouflage, an action comedy, was his creation. He also produced a number of well-known programmers and films. 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. 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. 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. As of 2022, his net worth was approximately $50 million. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. Both properties are about the same. He produced the thriller The Watcher in 2000. He has been selling luxury homes worth hundreds US$ 100 million. Bryce and Brent Niami are their names. Well also give you some insight as to how he earned his millions. The upcoming real estate projects Nile is working on will significantly increase the value of his current net worth. The home boasts 19 bedrooms, 37 bathrooms, a 10,000 bottle wine cellar, nightclub,. In 1998, Niami produced Point Blank, a direct-release film starring Mickey Rourke. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. Nile Niami is an American film producer and real estate developer. After done his high school, He wanted to succeed as a makeup artist and Hollywood special effects in the film industry. He had mastered the craft of selling since he was a little child. Our Articles differ from international news to the freshest tools to snippets about viral content. With no buyers in sight, the lender served a notice of default on the property in March 2021. 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. He spoke of having holograms of entertainers like Whitney Houston, Michael Jackson and Elvis Presley entertain crowds at these events. Niami, the mega mansions developer, assisted in the mega mansions Chapter 11 bankruptcy filing last year. 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. In 1995, he produced the sci-fi thriller film Galaxies as a result. 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