When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. It seemed to intrigue Mr. Saghian, Mr. Vetterick said, but he wasnt sold. 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. In 2008, He first spoke with Drew Fenton, a real estate developer. Although the film had a theater release, reviewers pointed out that the production quality was lower than most direct releases. Nile Niami was born on February 25, 1968 in Los Angeles, California. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. He worked in special effects for low-budget movies before starting his own production company in 1994. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. For the next five years, Nile experienced enormous success as the LA luxury real estate market soared. 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.. He grew up dirt poor in LA's San Fernando Valley. 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. More: Jeff Bezoss Parents Buy Miami Megamansion for $34 Million. There are several kitchens. 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. In April 2020, his lender on Opus reportedly filed a default notice on the property, forcing Niami to turn over ownership. 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. 1968 (exact age and birthday undisclosed), Producer of Films such as 'The Galaxies,''The Patriot,' and'The Watcher'. 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. Dit huis pronkt met een verbluffende mix van moderne architectuur en gedurfde designelementen en . Nile Niami was born in Bel Air, Los Angeles, California in 1968. In March 2021, Crestlloyd (Nile Niamis LLC) defaulted on over $165 million worth of debt from the construction of The One. Because of the debt, the massive mansion went into receivership. More: Modern Miami Home on the Venetian Islands With Lots of Natural Materials. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. In 2017 he sold a home to Floyd Mayweather for $26 million. Niamis site invites viewers to come see inside his inner life through regularly shared video content. Nile Niami got his start as a film producer. Niami reportedly rejected a $50 million offer for the home from Chinese billionaire William Ding. The property, which took nearly a decade to build, stands atop a hill in Bel Air with views of the Los Angeles basin. However, while the mansion was formerly advertised as the largest in the country, it is no longer the case. He was born and raised in the San Fernando Valley in Los Angeles. ", "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? In April 2021, Chinese businessman Louis Hsieh bought Niamis Carcassonne Road 28,000-square-foot mansion for $36 million. He dubbed the 20,500 square-foot spec home "Opus". In the year 2014, he sold a $39 million custom-built house in Holmby Hills to P. Diddy. He was selling a lifestyle, Mr. McClean said. He sold it in December 2020 for $ 9.58 million. 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. Nile Niami, is a well-known American film producer and real estate developer, with a net worth of $55 million. 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. Show details Hide details . Nile Niami specializes in developing extravagant mansions in the LA area that are worth well over $100 million. The entire property sits on an impressive acre. Nile began his career as a film producer. 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. 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. Ontwikkeld door voormalig filmproducent Nile Niami en architect Paul McClean, beschikt het Opus-landgoed over zeven slaapkamers, 11 badkamers en een overweldigende eigentijdse sfeer die 20.500 vierkante meter aan luxueuze leefruimte beslaat. -Scott #nileniami #theoneDisclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Nile Niami was born on 25 February 1968, his age is 54 years old as of 2022. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? It broke the previous record that was set in 2021 when The Hearst Estate in Beverly Hills sold at auction for US$63.1 million. 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 may infer from his works and efforts that he is a creative force. 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. 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. 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. we are team woodgram, who researches all actual biodata from a different authorized source and put it all together for our visitor. Most significantly, McClean helped Niami to design The One.. 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. Anyone who buys The One will also have to deal with a complexity of prospective upgrades and legal difficulties. Producer: The Watcher. 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. 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. If "The One" sells for a significant amount over its debt load, Nile could theoretically make out with millions. (1997), The Patriot (1998), The Survivor (1998), Justice (1999), The Watcher (2000), Tart (2001) and Camouflage (2001). More: Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million. In 2014 he sold a custom-built mansion in Holmby Hills to P. Diddy for $39 million. The creator of the tequila company VIVA XXXII is his ex-wife. Outside of The One, Niami has also worked extensively with top-tier architect, Paul McClean. Our Articles differ from international news to the freshest tools to snippets about viral content. Thank you for supporting my channel. Later, Niami founded his own production company and produced over a dozen films, many of them were straight-to-video B movies. After a decade of work and mountains of debt, mega-mansion developer Nile Niami's dream projecta 105,000-square-foot Bel-Air behemoth on a five-acre parcel dubbed "The One . Nile Niamis Early Life Did Nile Niami Grow Up Rich? Since then, hes worked on building and renovating large homes in the Los Angeles area. 420 Lexington Avenue, Suite 300 He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. 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. The sale brings one of the most controversial high-end real estate projects ever to a finish, at least for the time being. In 2017, the couple parted ways. Ted Lanes of Lanes Management was appointed as receiver. 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. According to Laura Brady, CEO of Concierge Auctions, which auctioned the mansion, the total transaction price would be $141 million, including the buyers premium. Estimates for Niamis net worth sit around $50 million. Once valued at US$500 million, "The One" was formally listed for sale in January 2022 at an asking price of US$295 million. He also built a 14,000-square-foot house for himself just above the Sunset Strip. In 2017, he completed a 21,000-square-foot mansion known as Opus in Beverly Hills, which he would list for $100 million. All information on this site should be used for informative and educational purposes only. 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. 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. Nile and his wife split in 2017, according to reports. His net worth is $10 millionRead More Lewis Capaldi Biography, Age, Wife, Sister, Father, Someone You Loved, Songs, Net Worth & Wiki, Christopher Hemsworth, also known as Chris Hemsworth, is an Australian actor, model, and producer. However, we do not have access to information on his schooling. Nile Niami is an American film producer and real estate developer. During his high school, he took night classes to get certified in cosmetology. Nile Niami made his fortune through film and real estate development. Chris Hemsworths net worth is $130 million as of 2023. Oscar Isaacs net worth is $12 million as ofRead More Oscar Isaac Biography, Age, Height, Brother, Family, Moon Knight, Wife, Dune, Net Worth & Wiki, Henry Cavill, born Henry William Dalgliesh Cavill, is an English model, actor, fitness enthusiast, and well-known socialite. 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. He has turned many neglected estates intomegamansionsin Los Angeles. A 105,000-square-foot Los Angeles megamansion known as "The One" sold at a bankruptcy auction for $141 million. In 2015, Niami also launched an app called Wolfpack, which he designed to help single men look for friends. Niami. He blew through the money that we gave him, Mr. Hankey said. 2 years later, he tried to sell this home for US$19.9 million. The One was a hard sell, according to agents who toured the property. The Nile eventually began to build tiny condominiums and renovate apartments, which he then sold for a profit. Another obstacle was that Mr. Niami hadnt obtained a certificate of occupancy, so the house couldnt be legally lived in. A planned foreclosure sale was temporarily halted as a result of the action. Nile Niami owns The One Bel Air, which he describes as one of the most costly homes in the world. Since then, he's worked on building and renovating large homes in the Los Angeles area. Sitting on one acre, the home has 7 bedrooms, 11 bathrooms and a champagne vault. Be the first to know when new posts come out! Before he began constructing little condominiums and remodeling houses for resale, he produced . 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. (Theyre extremely close to receiving the certificate of occupancy; the city and the Bel Air homeowners association are still negotiating; its all about money at the end of the day, a source said.). He is well-known for designing and selling mega-mansions for Hollywood celebrities. Add all three to Cart . In 1995, he produced the sci-fi thriller filmGalaxies. 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 also produced the 2000 mystery-thriller filmThe Watcher. In 2020, Opus defaulted by the lender and force Nile to turn over ownership of the property. He later rejected a $50 million offer from Chinese billionaire William Ding, and Niamis lender took ownership of the property in February 2020. As of 2022, his net worth was approximately $50 million. Our dedicated Editorial team verifies each of the articles published on the Biographyhost. It is meant only as an approximation based on the latest information available and should not be relied upon for any other purposes. He is well-known as the daring man who constructs mega-mansions for celebrities. The film was directed by Matt Early Beesley. His education, parents, siblings, and other family members are still unknown, along with the rest of his background. Nile Niami is a fo. The One is Nile Niamis most ambitious project. Leave your comments down below! 1968 saw the birth of Nile Niami in Bel Air, Los Angeles, California. [11], In March 2021, Niami's LLC, Crestlloyd, defaulted on US$165 million in debt related to the property, causing it to enter receivership. Everyone Wants to Know His Early Life, Career, Education, Awards & Much More! Niamis debt had risen to over $190 million. 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His mom, who raised him alone, was a special education teacher. Nile Niami is a former film producer. After graduating from high school Nile set out to make it in the world of Hollywood special effects and makeup. The Nile and his wife got divorced due of unbridgeable differences. One was sold to a Saudi buyer for $44 million and the other was sold to musician Sean P. 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! For years, spec developer Nile Niami has teased "The One" a 100,000-square-foot mega-mansion in Bel-Air that he hoped to sell for $500 million. The Making of the Most Expensive Mansion in History. Niami, the mega mansions developer, assisted in the mega mansions Chapter 11 bankruptcy filing last 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. and in others renamed Genetic Code. He also produced a number of well-known programmers and films. 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. In a September 2021 interview about "The One" in the LA Times, Nile said "I'm getting sued by everybody. He collaborated with architect Paul McClean in many of his projects. all Biography and data about your favorite person are correct. 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. Yvonne Niami was the former spouse of Nile Niami. We do our best to keep offers up-to-date. The massive house is over a hundred thousand square feet, making it one of the biggest personal homes in the United States. That, however, never happened. The Nile is of American nationality, and based on his looks, he appears to be of mixed white ancestry. More: Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%. [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. He came from nothing. The Nile set wanted to succeed in the field of Hollywood special effects and makeup after finishing high school. 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. The Pacific Ocean, downtown Los Angeles, and the San Gabriel Mountains can all be seen from here. Im not that sensitive of a personIve been in this business a long time and I can handle myselfbut I started crying.. 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