Sam Nazarian

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Sam Nazarian
سام نظریان
Born1975
Tehran, Iran
OccupationFounder, Chairman and CEO, SBE
 
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Sam Nazarian
سام نظریان
Born1975
Tehran, Iran
OccupationFounder, Chairman and CEO, SBE

Sam Nazarian (Persian: سام نظریان‎, born 1975 in Tehran, Iran) is an Iranian-American entrepreneur. Nazarian is the Founder, Chairman and Chief Executive Officer of SBE, a Los Angeles based luxury hospitality, real estate development and lifestyle company which includes hotel, restaurant, nightlife, casino and real estate divisions.[1] Nazarian divides his time between residences in Los Angeles, Las Vegas,[2] New York and Miami.

Biography[edit source | edit]

Early life[edit source | edit]

Nazarian's 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. Sam attended Beverly Hills High School and later studied at New York University and the University of Southern California. He 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 entered the world of real estate by diversifying his family's assets into real estate holdings, beginning with the establishment of 3Wall Development in 1999. Under Sam's guidance 3Wall quickly became one of Southern California's largest owners of multi-family housing.

Hospitality[edit source | edit]

His SBE owns several Los Angeles nightclubs and lounges:Create, Greystone Manor, Emerson, Hyde, XIV, Colony, Eden, MyHouse, MyStudio and The Abbey. He owns each club outright without other investors.[3] These venues continue to see a high level of popularity and celebrity patronage, as well as being frequently visited by the characters of HBO's Entourage.[3] Nazarian made an appearance as himself greeting the main characters of the show in the episode "No Cannes Do". Nazarian's SBE brand has also been featured on episodes of The Hills.

Restaurants[edit source | 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 locations in Brentwood, Hollywood, Glendale, downtown Los Angeles and downtown San Diego. XIV, in partnership with Chef Michael Mina, opened on the Sunset Strip in October 2008.[1] (XIV closed in August 2011.) Nazarian opened The Bazaar with José Andrés, which is integrated into SLS Hotel in Beverly Hills, in 2008.[4] SBE is also invested in hamburger chain Umami Burger.[5]

Hotels[edit source | edit]

In 2007, SBE acquired the Sahara Hotel & Casino.[6] he has also invested in several other hotels, such as Viceroy hotels and resorts; Chamberlain West Hollywood; Sheraton Delfina Santa Monica; Sheraton Gateway LAX, and Hilton Garden Inns in resort locales in Southern California and Florida.[4].[6]

Producer[edit source | 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 source | edit]

In 2006 Nazarian was honored as the youngest executive to be named one of the "Top 100 Most Powerful People in Southern California" by West,[7] the Los Angeles Times’ Magazine, and was named among "The Influentials" in Los Angeles magazine.[8] 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. He is an active member of the Southern California Institute of Architecture's Board of Directors,[9] and a generous supporter of the Beverly Hills Education Foundation.

References[edit source | edit]

  1. ^ a b "SBE Corporate". 
  2. ^ http://www.lvrj.com/business/welcome-home-sbe-exec-closes-escrow-on-8-5-million-las-vegas-residence-169822476.html
  3. ^ a b Verini, James (July 29, 2006). "SMALL HOURS; Enjoy his clubs while you can; Sam Nazarian keeps his many places trendy by constantly reinventing them". Los Angeles Times. p. E1. 
  4. ^ "The Bazaar at SLS Beverly Hills, Rendered". 
  5. ^ Gelt, Jessica (August 11, 2011). "Umami Burger's brand sizzles with SBE backing". Los Angles Times. Archived from the original on June 7, 2013. 
  6. ^ a b "Wharton Biography of Sam Nazarian". 
  7. ^ WEST, The Power Issue. August 13, 2006. 
  8. ^ "The 122 Most Influential People in LA". Los Angeles Magazine. December 2009. 
  9. ^ "Curbed LA". 

External links[edit source | edit]