Sam Nazarian net worth
Sam Nazarian Net Worth: Sam Nazarian is an Iranian/American businessman and entrepreneur who has a net worth of $150 million. Despite his much larger net worth, he remains one of the youngest and most powerful executives in America, and was recently named one of the “100 Most Powerful People in Southern California” by the Los Angeles Times.
Nazarian’s path to business fame began when he moved to the United States after the Iranian Revolution. In his new home in Los Angeles, California, he used his parents’ wealth to start his first business at the age of 23. By 1979, Platinum Wireless was the No. 1 distributor of Nextel software in Southern California. After that, Nazarian founded SBE, which went on to become one of the top hotel companies in the United States. It handles everything from hotels, nightclubs, restaurants and even real estate. In 2007, Nazarian (through his company SBE) even dabbled in casinos by buying the Sahara Hotel and Casino. As if that wasn’t enough, Nazarian has recently ventured into the film industry, serving as executive producer on films such as “Waiting for…”, “Mr. Brooks” and “University.” Sam Nazarian is clearly a good businessman with an eye for diversification and eclectic investing.
