It was technically a loss after the cost of renovations and improvements. And hes a smart guy. He started his own production company a few years later. Since then, he's worked on building and renovating large homes in the Los Angeles area. 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. Nile Niami's The One finally Sold for $141 million dollars! In the same year, he also created the romantic crime drama Tart.. The asking price$500 million . Nile Niami and His INSANE $500M Mansion! Niamis site invites viewers to come see inside his inner life through regularly shared video content. 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 January 2017, she filed for divorce after 18 years of marriage. Menu. He was reared by a single mother who worked as a special education teacher, according to accounts. New York City, NY 10170, The Watcher(2000), The Patriot (1998), and Galaxis (1995). [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. 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 home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. Nile Niami trains skilled individuals. There is no additional charge to you! Nile Niami continues to work as a real estate developer to this day. By 2017, Niami had already built more than 30 houses in Los Angeles. A listing video for one of his properties featured female models, covered in gold paint, wearing black lingerie and chain mail; another model swam naked in the pool. Nile Niami is an American millionaire who is both a film producer and a real estate developer. More info can be found here. He worked as a professional film producer prior to entering the real estate industry. However, Nile Niami has a verified Instagram profile, where hes shared only six posts. Mr. Niami also used unconventional marketing techniques, real-estate agents said. Nile Niami is known for The Watcher (2000), The Patriot (1998) and Galaxis (1995). ABOUT: Built by ex-movie producer turned mega mansion developer, NILE NIAMI, The ONE will be America's largest and most expensive private residence . We welcome all corrections and feedback using the button below. Please see our full disclaimer for more details. Today he is best-known for developing extremely lavish mansions in Los Angeles that can cost $100 million and above. By the onset of the pandemic in 2020, Mr. Niami still hadnt completed The One. He is currently 54 years old and carries the Pisces zodiac sign. T.N.T., his debut action film, was released in 1997. Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. Nile Niami finished the property named Opus in 2017 which is located in Beverly hills and boasts 20,500 square feet. Technically to receive it's certificate of occupancy. Furthermore, even though The One already finds a buyer, they are unable to dwell there at this time. 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. David Cronenberg also had a cameo role in the film as a priest. [12] A foreclosure sale scheduled for October 2021 was halted when Crestlloyd filed for Chapter 11 bankruptcy.[13]. Niami cut the asking price up to $85 million in September. A watershed moment came in 2012 when he flipped a home to the Winklevoss twins (of Facebook fame) for $18 million. 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! In 2017, the couple parted ways. 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. Since then, hes worked on building and renovating large homes in the Los Angeles area. 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. More: Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%. 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. [2] He was raised by a single mother,[3] a special education teacher. ], 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. He then produced the 1997 action filmT.N.T. To add to the extravagance of the home, theres a moat surrounding the entire estate. 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. Ted Lanes of Lanes Management was appointed as receiver. He then learned about special effects prosthetics for horror films. 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. Nile Niami was born in Bel Air, Los Angeles, California in 1968. He is well-known for designing and selling mega-mansions for Hollywood celebrities. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. However, we do not have access to information on his schooling. Because this is a Nile Niami restaurant, he offers an option for the most expensive pizza in Los Angeles, with a price of $3500 called the one. Movies. The home has a grand total of 7 bedrooms, and 11 bathrooms and even featured a champagne vault. Nile Niami was conceived in Los Angeles, California, on February 25, 1968. The Nile set wanted to succeed in the field of Hollywood special effects and makeup after finishing high school. Nile Niami was born in 1968 and is currently residing in Los Angeles, California. Mr. Niami disputed that characterization through his spokespeople: I can honestly tell you I gave it 200% effort., Delivers the most important property news around the world to your inbox each weekday, COPYRIGHT 2023 MANSION GLOBAL. 102k Followers, 3 Following, 41 Posts - See Instagram photos and videos from The One (@nileniami) His average annual salary is around $97,911 each year. (to support me as a creator): -https://www.youtube.com/channel/UCgKz_JXJKKko9kXDrm6IODQ/joinI hope that you enjoy this video and if you have comments please leave them below! [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. 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. 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. Keep an eye out for Nile Niamis mega-mansion The One! 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. We do not provide professional financial advice, and we encourage you to seek out a licensed financial professional for such services. During his career, he produced about a dozen films. 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. [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. He is best known for constructing a 105,000 sq. As a real estate developer, Niami started renovating homes and building small condos in Los Angeles. The sale price includes a gold Lamborghini, a gold Rolls-Royce Dawn a full-time house manager whose salary would be covered for two years. 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. As a result, he became well-known within the real estate sector fast. 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. As he completed the project, Niami changed his tune and settled on a price tag of $340 million. Michal Czerwonka for The Wall Street Journal, Jeff Bezoss Parents Buy Miami Megamansion for $34 Million, Modern Miami Home on the Venetian Islands With Lots of Natural Materials, Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million, Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%, Low Supply and Rising Rates Slow Hamptons Sales, but Prices Are Still Going up, An Artists Gallery-Like Villa in Ibiza, Spain, Designing a Kids Room With Practicality and Style, Palm Beach Is Still HotJust Take This Property Asking Three Times Its April 2021 Sale Price. After graduating from high school Nile set out to make it in the world of Hollywood special effects and makeup. However, while the mansion was formerly advertised as the largest in the country, it is no longer the case. We commit to cover sensible issues responsibly through the principles of neutrality. He worked on the horror picture Resurrection and the crime thriller TV movie Justice the following year. The American millionaire Nile Niami is a real estate developer and 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. 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. Niami was married to Yvonne Niami, the founder of a tequila company called VIVA XXXII, and a charitable clothing label called N:Philanthropy. We do our best to keep offers up-to-date. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. Check out the video about The One instead: Nile Niamis The One : The largest new mansion in America sells for $141 million at auction. Similarly, after three years, in 2017, he sold a $26 million mansion to Floyd Mayweather. 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. In 2015, GQ reported that the mansion was the most expensive mansion in history. 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. 2 years later, he tried to sell this home for US$19.9 million. He mentioned to Nile Niami the growing market for spec houses and apartments valued between $10 & $15 million. He then started his own manufacturing company. 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. Recent posts on his verified Instagram account point to his current project, The One Truth Network. Show details Hide details . Frequent headlines about the house were also a deterrent to buyers, agents said. Nile Niami (Photo by Araya Diaz/Getty Images). Today, he is very known for building extravagant homes in Los Angeles. But Mr. Niami soon found himself facing more competition amid a glut of spec homes. In Los Angeles, Niami had built 30 mansions. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. "[2], Niami launched Wolfpack, a mobile app for single men looking for friends;[2] it is no longer available. Mr. Saghian and Mr. Niami had first met a few years earlier, when Mr. Niami gave Mr. Saghian a tour of The One. His first film, Galaxis, was a science fiction action film released in 1995. 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. We may infer from his works and efforts that he is a creative force. While still a high school student, he pursued cosmetology training after school. 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. His $100 million house, called Opus, was eventually evaluated at $38 million and sold for an undisclosed sum. In October 2021, after issuing Mr. Niami several extensions on his loans, Mr. Hankey filed to foreclose on The One. Nile Niami is well-known as a professional realtor. He is best known today for constructing lavish homes in Los Angeles that can cost up to US$ 100 million. Outside of real estate he launched an app called Wolfpack which is designed to help single men looking for friends. The house had a $400,000 Lucite-bottom swimming pool and a custom-made 24-foot gold giraffe skeleton sculpture in a glass box. 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. 95662, United States. He is recognized for the massive home, The one. After spending several years in film production, Nile Niami began working in real estate development. 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. Because I don't have any money.". Michal Czerwonka for The Wall Street Journal 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. 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He produced over a dozen of films, including The Galaxies (1995), The Patriot (1998), and The Watcher (2000). The property, which took nearly a decade to build, stands atop a hill in Bel Air with views of the Los Angeles basin. 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. 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. 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. 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. [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). He started out as a film producer then transitioned into the real estate development world. Shares the stories you may have missed from the world of luxury real estate. It was written by Nick Davis and directed by William Mesa. Nile has previously appeared in films and television programmes such as The Galaxies, The Watcher, and The Patriot. In 1998, he was also a producer of the motion pictures Point Black, The Patriot, and The Survivor. After some years, Niami established his own production firm. Your email address will not be published. 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. Both properties are about the same. And one more thing.. 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. In 1995, he produced the sci-fi thriller filmGalaxies. He immediately came to the conclusion that he couldnt make a living as a producer. In 2015, Niami also launched an app called Wolfpack, which he designed to help single men look for friends. 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. Nile Niami, who is sometimes referred to as the king of the Los Angeles megamansion, at his West Hollywood home. When he was 19 years old, Nile Niami began working with his Big Brother tutor, Doug Witkins. He built two mansions in the Holmby Hills neighborhood. The One is Nile Niamis most ambitious project. 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. Has a grand total of 7 bedrooms, and we encourage you to seek out a licensed professional! To P. Diddy the country, it is no longer the case verified Instagram profile, where hes only! Is known for constructing lavish homes in the Holmby Hills to P. Diddy Niami the growing market spec... N'T have any money. ``, NY 10170, the Watcher, and 11 bathrooms and featured. Techniques, real-estate agents said 2 years later price of $ 340 million mansion was advertised. 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