What is Nile Niami Net Worth?
| Net Worth: | $500 million |
|---|---|
| Source of Wealth: | Real Estate Developer and Film Producer |
| Date of Birth: | February 25th, 1968 |
| Country of Origin: | United States |
| Last Updated: | 2024 |
Nile Niami Net Worth: Nile Niami is an American real estate developer and former film producer with an estimated net worth of $500 million. He produced about 15 B films before he transitioned into real estate. Nile began his real estate career by building and selling small condos, renovating houses, and putting them up for sale.
Nile worked with architect Paul McClean on The One mega-mansion in Bel-Air. Paul designed the mansion. He also built and sold an estate in Holmby Hills for $44 million to a Saudi buyer.
The real estate developer has sold homes to top personalities and celebrities. He sold a mansion to the Winklevoss twins, Cameron and Tyler, 2012 for $18 million. He also sold a home to P. Diddy in 2014 for $39 million. The custom-made mansion is located in Holmby Hills. In 2014, he sold a Beverly Hills mansion for $38.3 million. In 2017, Nile sold a home for $26 million to Floyd Mayweather.
Early Life
Nile Niami was raised by a single mom, whom Nile later lost to a tragic home invasion in 2001. She was a special education teacher. Niami was born in Los Angeles on the 25th of February, 1968.
Niami started as a film producer, producing B-list films before he moved on to real estate. He also made an app called Wolfpack for single men and women who needed friends. This business venture failed, and the app was removed from app stores.
He builds condominiums and mansions and renovates houses in places like Los Angeles, Trousdale Estates, and Holmby Hills. The home in Trousdale Estates features a spinning car turntable visible from the living room. He has an impressive clientele, including Sean “P. Diddy” Combs, who sold a mansion for $39 million, and a Saudi client to whom he sold an estate for $44 million. He has also worked with architects such as Paul McClean, who he worked with to build a house for Tyler and Cameron Winklevoss.
Career
Nile Niami started as a film producer before venturing into real estate development. As a film producer, he produced at least 15 B films. He is also the creator of an app called Wolfpack. The app pairs men and women. Sadly, this venture crashed sooner than expected. He began his real estate business by building and selling small condos, renovating buildings, and putting them up for sale.
Niami builds and sells homes in Los Angeles, Bel Air, and Holmby Hills neighborhoods. He sold houses to famous personalities like P Diddy, who sold a mansion in Holmby Hills for $39 million in 2014. He also sold a property to a Saudi Arabian buyer for $44 million. He sold property north of Sunset of Boulevard to the Winklevoss twins, Tyler and Cameron. Paul McClean designed the mansion.
One of his masterpieces in Bel Air, The One, was also designed by the architect Paul McClean. The huge property was in development for years and received complaints from the Bel Air Homeowners Alliance. The chairman of the association, Fred Rosen, had complained about the project’s size. The property is listed for $340 million in the real estate market.
Niami also built a home in Trousdale Estate in Beverly Hills. The home features a unique “spinning automobile turntable, similar to those in auto showrooms, viewable from the living room.”
Nile Niami net worth is estimated to be $500 million as of 2024.
Career Highlights
- Nile was a film producer before becoming a real estate developer. In Bel-Air, he built The One, America’s most expensive private residence.
- Nile renovated a mansion, Opus, and put it up for sale at$100 million. The villa is located in Beverly Hills.
Personal Life
The real estate developer was previously married to Yvonne Niami, but they split in 2017. They have two sons together; Brent and Bryce. Nile is currently single.
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Awards & Achievements
Nile Niami is a renowned real estate developer in Los Angeles. He started as a film producer producing B films before venturing into real estate. He began by building and selling condos and renovating homes for sale. He made 15 films as a producer.
He has worked with architect Paul McClean on the One mega-mansion in Bel-Air. Paul designed the mansion. Nile also built and sold an estate in Holmby Hills for $44 million to a Saudi buyer.
Nile Niami Net Worth
Nile Niami net worth is estimated to be $500 million. Nile Niami is a renowned American real estate developer known for building and selling real estate properties in Los Angeles, Bel Air, and Holmby Hills. He was a film producer before he transitioned to real estate. Nile produced at least 15 B movies as a film producer.
He started his real estate business by building and selling small condos and renovating houses for sale before moving on to luxurious mansions. One of his notable real estate works is The One, a mega-mansion designed by Paul McClean, located in Bel Air.
Real Estates
The real estate developer has sold homes to top personalities and celebrities. He sold a mansion to the Winklevoss twins, Cameron and Tyler, 2012 for $18 million. He has also sold a home to P. Diddy in 2014 for $39 million. The custom-made mansion is located in Holmby Hills. In 2014, he sold a Beverly Hills mansion for $38.3 million. In 2017, Nile sold a home for $26 million to Floyd Mayweather.
Nile’s real estate business has also recorded some losses, including the loss he made after he sold the home he bought from Scooter Braun. Nile had purchased the house in 2015 for $9.5 million and tried to sell it off for $19.9 million after proper renovations. He later sold it for a paltry sum of $9.58 million in 2020.
Nile was a film producer before he veered into real estate. He started by building and selling small condos and renovating homes for sale in Los Angeles. Nile began selling luxury homes in 2008 after the real estate market crash. Because he believed state-of-the-art homeowners would be less affected by these types of crashes, he chose to go into building and selling these types of homes. As his business expanded, his flips became more expensive, and he became a successful luxury real estate developer.
Nile Niami net worth is estimated to be about $500 million. this is inclusive of his wealth in real estate
Notable Nile Niami’s Quotes
Life Lessons to Learn From Nile Niami's Success
Here are some significant lessons to learn from Nile's life;
1. Don't Give Up
Nile started as a film producer before venturing into real estate. He also created an app that failed after a while but didn't give up.
2. Make Wise Decisions
Nile transitioned to selling state-of-the-art homes after the real estate market crashed. He was wise enough to decide after he analyzed that homes like these would be less affected by crashes.
3. Start Small
He built from the ground up. He first started by building and selling small condos and renovating houses for sale.
Frequently Asked Questions - Nile Niami's Net Worth
What is Nile Niam's Ethnicity?
Nile Niami is a former movie producer and real estate developer well-known for building and selling mansions in Bel Air and Holmby Hills in Los Angeles. He is an Iraqi American.
How Old is Nile Niami?
The real estate developer is 55 years.
How Can I Reach Nile Niami?
To speak to Nile Niami for press inquiries, contact Brooke Cockrell (brooke@creativepitchgroup.com)
What is the Origin of the Name, Niami?
Niami is a name common in Asia, where about 51% of the word is found. 45% is located in Southeast Asia, and another 45% in Malayo-Arabic Southeast Asia.
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Final Thoughts
Nile Niami is a renowned American real estate developer known for building and selling luxury homes in Bel Air and Holmby Hills of Los Angeles. He was a film producer who made about 15 B movies, such as The Patriot, TNT, and Terminal Force. These movies were popular Hollywood movies.
As of 2024, Nile Niami net worth is estimated to be $500 million.