Nile Niami Net Worth $ 50 Million
Bel Air, Los Angeles, California, United States
|Film Producer, Real Estate Developer
Nile Niami is a real estate developer and film producer. He has produced many critically acclaimed films and has developed megamansions in Holmby Hills and Bel Air. Here’s his biography and details surrounding his personal life and how he makes a living.
Nile Niami’s Early Life
Nile Niami was born in 1968, in Bel Air, Los Angeles, California, United States. He was raised in extreme poverty by a single mother in Los Angeles’ San Fernando Valley. His mother worked as a special education teacher. In 2001, she was disastrously murdered by a home invader.
Nile Niami’s Career
Initially, Nile started out as a film producer and was dedicated to his goals. He produced a total of fifteen films, many of them B movies. The Nile initially went all out to make a name for himself in the world of Hollywood makeup and special effects.
He eventually established his own production company and went on to produce the following films: Terminal Force (1995), DNA (1996), T.N.T (1997), Point Blank, The Patriot (1998), The Survivor (1998), Resurrection (1999), The Watcher (2000), Camouflage (2001) and Tart (2001).
With the money he realized from his filmmaking career, Nile Niami started constructing small condominiums and renovating apartments which he put on sale for extra profits.
As a real estate developer running his operations in Los Angeles, Nile built a house in Holmby Hills, which he sold to American rapper Sean Combs for $39 million in 2014.
He built another mansion in Holmby Hills and sold it to a Saudi buyer for the sum of $44 million. He also hired skilled architect Paul McClean to build a home in Bird Streets (north of Sunset Boulevard) for the Winklevoss twins. He sold a home to Floyd Mayweather in 2017 for $26 million.
The Nile also built a mansion in Trousdale Estates, a neighborhood in Beverly Hills, with a spinning car turntable, comparable to those in car showrooms, that is visible from the living room.
According to the real estate developer, he has constructed a megamansion in Bel Air that was also designed by Paul McClean. This mansion was listed for $500 million on the real estate market. After five years of development, the house was finished in the spring of 2018.
The construction of such a megamansion attracted agitation from the Bel-Air Homeowners Alliance. It is considered the most expensive private residence in the entire United States, and at 100,000 square feet, it is one of the largest homes in the United States.
Chairman of the Bel-Air Homeowners Alliance Fred Rosen suggested the mansion was so large it should have been considered a commercial project, subject to restrictive housing regulations. The 100,000 square-foot home in Bel Air dubbed “The One” is the most expensive private residence in America, and one of the most expensive houses in the world.
The property has a 10,000-bottle wine cellar, a four-lane bowling alley, a 50-car garage, a private nightclub, and five elevators.
Niami is the creator of the mobile app Wolfpack. It is an application for single men looking to make friends and get connected with other people.
Niami has always been known for his quietness and private ways of living his life. Apart from details of his profession, he ensures to keep other sensitive topics away from the media. To date, there is nothing known about this man’s relationships, parents, or marriages.
There are also no details of his children if any. He has revealed his hobbies as reading and working.
Nile Niami Net Worth
Niami has made his wealth through his career as a film producer and also his involvement in the real estate business. Initially entering the professional phase of his life as a film producer, he produced a total of 15 films and successfully ran his own film production company before he took a huge leap in his career and entered the real estate development world where he found immense success and gained recognition.
Many sources peg Nile Niami net worth at $50 million. He is famous for developing extremely luxurious mansions with his 100,000 square-foot home in Bel Air dubbed “The One” and considered one of the most expensive private residences in the world listed at $500 million. Most of the homes he develops cost $100 million and above.
As his producing career rose, he began making progress in the real estate business and started making real estate investments, flipping low-priced homes in the suburbs of Los Angeles. His personal home is a $9.5 million mansion he bought from Scooter Braun in 2015.