Sam Nazarian

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Sam Nazarian
Sam Nazarian.JPG
Born 1975 (age 38–39)
Tehran, Iran
Residence Las Vegas, Nevada[1]
Ethnicity Persian
Citizenship American
Alma mater Beverly Hills High School, New York University, University of Southern California
Occupation Founder and CEO, SBE Entertainment Group
Years active 2002–present
Net worth Increase US$ 200 million
Website
sbe Entertainment Group

Sam Nazarian (Persian: سام نظریان‎) is an Iranian-American businessman and the founder, Chairman and CEO of SBE. Nazarian's career began in the tech industry with a wireless company he co-founded and later sold. In 2001, Nazarian joined the real estate market. It was during this phase of his career that Nazarian began to see a demand for a different approach to hospitality.

He is a member of the Southern California Institute of Architecture's Board of Directors and a supporter of the Beverly Hills Education Foundation. In July 2009, Los Angeles Mayor Antonio Villaraigosa appointed Nazarian to the Board of Airport Commissioners of Los Angeles World Airports.

Nazarian studied at New York University and the University of Southern California, and currently resides in Las Vegas.[1]

Biography[edit]

Early life[edit]

Nazarian was born in Tehran in 1975. Nazarian family immigrated to the United States following the Iranian Revolution. Son of wealthy Qualcomm co-founder Younes Nazarian. Sam was raised in Los Angeles, California. He attended Beverly Hills High School and later studied at New York University and the University of Southern California. Nazarian is of Persian Jewish descent.

His first entrepreneurial venture was in 1998, when he founded Platinum Wireless, a telecommunications business specializing in the distribution of Nextel software. Within one year of its founding, Platinum Wireless was the number one Nextel distributor in Southern California. He then started in real estate by diversifying his family's assets into real estate holdings, beginning with the establishment of 3Wall Development in 1999.

Hospitality[edit]

His company SBE owns several Los Angeles nightclubs and lounges.

Restaurants[edit]

He has secured partnerships with Philippe Starck and chefs Katsuya Uechi, José Andrés and Michael Mina. His partnership with Katsuya and Starck resulted in the restaurant Katsuya, with various locations in California. XIV, in partnership with Chef Michael Mina, opened on the Sunset Strip in October 2008.[2] (XIV closed in August 2011.) Nazarian opened The Bazaar with José Andrés, which is in the SLS Hotel in Beverly Hills, in 2008.[3] SBE is also invested in hamburger chain Umami Burger.[4]

Hotels[edit]

In 2007, SBE acquired the Sahara Hotel & Casino.[5] He has also invested in several other hotels.[5]

Producer[edit]

Nazarian has served as executive producer for the films Waiting..., Down in the Valley, Five Fingers, The Last Time, Pride, Mr. Brooks and College.

Honors[edit]

In 2006 Nazarian was the youngest executive to be named one of the "Top 100 Most Powerful People in Southern California" by West,[6] the Los Angeles Times Magazine, and was named among "The Influentials.".[7] He has also been featured and quoted in The New York Times, The Wall Street Journal, Newsweek, People, Fortune, W, Variety and The New Yorker.[citation needed] He is an active member of the Southern California Institute of Architecture's Board of Directors,[8] and a supporter of the Beverly Hills Education Foundation.

References[edit]

External links[edit]