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. It sold for only $126 million, a price significantly lower than originally projected. Nile Niami is a former film producer. 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. It has multiple outstanding building and occupancy licenses, and its construction is being challenged by a local homeowners group. Yvonne Niami made real estate news when she sold her Bel Air mansion for $27 million in mid-2022. More: Sleek Modern Home in the 90210 ZIP Code of Beverly Hills Lists for $3.5 Million. McClean uses his years of experience to create visually interesting, modern living areas. The next year, Niami produced the horror crime filmResurrectionand the crime-thriller TV movieJustice. He was raised by a single mother who was a special education teacher. He then completed the construction of the megamansion in early 2021, after eight years of development. In October 2022, Nile Niami opened the first location of Crustica, a healthy pizza joint, in West Hollywood. Aiding in the . After some years, Niami established his own production firm. Starz Login and Activate Account: How to Sign In and Activate Starz on Various Devices? P. Diddy, for $39 million. He first stepped into the public eye as a film producer, producing over a dozen films over the years. He has built and sold multi-million dollar mansions in the Los Angeles neighborhoods of Bel Air and Holmby Hills. A planned foreclosure sale was temporarily halted as a result of the action. -Scott #nileniami #theoneDisclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. He worked on developing and flipping houses. [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. The Nile and his wife got divorced due of unbridgeable differences. He later rejected a $50 million offer from Chinese billionaire William Ding, and Niamis lender took ownership of the property in February 2020. [2] He was raised by a single mother,[3] a special education teacher. Nile Niami is an American film producer as well as real estate developer, who build and sold million-dollar mansions. Nile was raised by his single mother. Its like, Oh my God, look at the mortgage payments, he said. Nile Niami Net Worth is US$ 50 Million as of 2022. Recent posts on his verified Instagram account point to his current project, The One Truth Network. 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. Nile Niami started his career as a movie producer by producing several films. He was reared by a single mother who worked as a special education teacher, according to accounts. Mr. Niamis houses had previously traded quickly; now they were lingering unsold. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. 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. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[580,400],'biographyhost_com-medrectangle-3','ezslot_3',114,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-medrectangle-3-0'); Nile Niami was born in Los Angeles, California, in 1968. He is currently 54 years old and carries the Pisces zodiac sign. He then learned about special effects prosthetics for horror films. Nile Niami received an offer from a Chinese Billionaire at $50 million, but reportedly rejected it. Mr. Niami disputed that characterization through his spokespeople, saying he never received a single offer. What do you think Nile Niami net worth? All six posts showed up in May 2022, a sign that future social media engagement may be on the horizon for the real estate developer. Nile Niami is a real estate developer based in Southern California. 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. For the next five years, Nile experienced enormous success as the LA luxury real estate market soared. Some of the underbelly of Los Angeles got to him, and he lost his focus, said Mr. Williams. Nile Niami owns The One Bel Air, which he describes as one of the most costly homes in the world. He built condos and reimagined homes in the greater Los Angeles area. Once valued at US$500 million, "The One" was formally listed for sale in January 2022 at an asking price of US$295 million. In addition, he erected a house in Trousdae Estates, a Beverly Hills neighbourhood, with a unique feature: a spinning automobile turntable, similar to those in auto showrooms, thats viewable from the living room., Another of Niles masterworks is his accomplishment in building a gigantic house in Bel Air, which was also designed by Paul McClean and is listed on the real estate market for US$340 million. According to its chairman, Fred Rosen, the mansion was so large that it should have been considered a commercial endeavour.. 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. 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. In the ensuing years, he created the horror-thriller video DNA. MUST BE READ:What Is the Net Worth of Johnny Knoxville? The home, called The One, was auctioned off on Thursday night March 3, with the top price of $126 million. The guy was Nile Niami, then an up-and-coming developer in his early 40s with ambitious plans in the L.A. spec-home space. Outside of his endeavor with his app, Wolfpack, Niami remained mostly offline until early 2022. 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. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Besides the real estate project, he has also launched an app Wolfpack, designed especially for single men who are looking for friends. He produced over a dozen of films, includingThe Galaxies(1995),The Patriot(1998), andThe Watcher(2000). All property prices are as stated by the listing agent. In 2015 and 2016, she was ranked as the highest-paid actress in the world.Read More Jennifer Lawrence Biography, Age, Height, Husband, Movies, TV Shows, Net Worth & Wiki, Marshall Bruce Mathers III, better known as Eminem, is an American rapper, actor, singer, songwriter, record producer, hip-hop musician, and record executive. Today, he is most known for building extravagant residences in Los Angeles that may cost $100 million or more. It was written by Nick Davis and directed by William Mesa. He worked in special effects for low-budget movies before starting his own production company in 1994. Nile Niami is not particularly active on social media sites. Nile Niamis Early Life Did Nile Niami Grow Up Rich? Niami had perfected the art of selling from a young age. At age 19, Niami worked with Doug Witkins, his mentor from the showBig Brother, to sell international movie rights at Witkins film distribution company. 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 . Tom Hiddlestons net worth is $40million as of 2023. 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.. He also commissioned architect Paul Mcclean to design a home in the Bird Streets for the Winklevoss twins Cameron and Tyler (north of Sunset Boulevard). We do our best to keep offers up-to-date. Both properties are about the same. Opus was listed for $100 million and included in the sale price are two gold cars, a Lamborghini and a Rolls-Royce. 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. 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. Jake Pauls netRead More Jake Paul Biography, Age, Weight, Girlfriends, KSI, Boxing, Logan Paul, Anderson Silva, Net Worth & Wiki, Lewis Capaldi, also known as Lewis Marc Capaldi, is a singer, songwriter, musician, and social media presence from Scotland. 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. In March, The One sold at auction for just $126 million plus commissions and fees, far less than the roughly $190 million debt outstanding on the house, according to bankruptcy filings. And hes a smart guy. In the year 2014, he sold a $39 million custom-built house in Holmby Hills to P. Diddy. 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. In 1995, he produced the sci-fi thriller film Galaxies as a result. More: Out-of-Towners Migrating to Relatively Affordable Cities Can Outspend Locals by as Much as 39%. His app, Wolfpack, is no longer available. Who is this guy? Ms. Williams said she recalls thinking when he announced such a quick decision. Outside of real estate he launched an app called Wolfpack which is designed to help single men looking for friends. He is currently 54 years old and carries the Pisces zodiac sign. 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