2.06.2008
Sam Nazarian: The Man, The Myth, The Legend
If we could pick the King of Hollywood, Sam Nazarian's name would certainly be on our short list. Just this week Business Week magazine profiled the Emperor of Cool. At 32 years of age the LA native owns four night clubs, two highly successful sushi restaurants and a movie production company. The scary part is that Sam seems to just be getting started building his empire.Nazarian has now set his sights on the hotel industry. He aims to open boutique hotels in LA and Miami Beach early next year. Also on the drawing board are plans to rework the Sahara Hotel and Casino in Las Vegas. Yet Sam Nazarian will probably always be known as the guy who started celebrity hangouts Hyde and Privilege.
Instead of treating his nightclubs as a short term investment, Nazarian focused on building them as long term brands. Sam owns each club outright, and remodels and renovates them every once in a while to keep them fresh. Nazarian also bought some of the biggest promoters in town in order to keep their clients coming back to his clubs. The lodging industry offers Sam a completely different challenge. We look forward to seeing if he can achieve the same level of success with his hotels.
A PimpWiz Exclusive by Scott Bernstein
Labels: Sam Nazarian, Scott Bernstein
