SBE (company)
| Sam Nazarian | |
|---|---|
 |
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| Born | 1975 (age 42–43) Tehran, Iran |
| Residence | Beverly Hills, California |
| Citizenship | American |
| Alma mater | University of Southern California |
| Occupation | SBE Entertainment Group |
| Spouse(s) | Emina Cunmulaj |
| Parent(s) | Younes Nazarian |
| Relatives | Izak Parviz Nazarian |
| Website | SBE.com |
Sam Nazarian (born 1975) is an Iranian-American businessman, investor and philanthropist. He is the Founder, Chairman and CEO of SBE Entertainment Group.
Nazarian was born to a Persian Jewish family in Tehran in 1975. The Nazarian family immigrated to the United States following the Iranian Revolution. He is the son of Younes Nazarian who made a fortune along with his brother Izak Parviz Nazarian as an early investor in Qualcomm. He was raised in Beverly Hills, California where he attended Beverly Hills High School and later studied at the University of Southern California.
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 became one of Southern California's largest owners of multi-family housing.
SBE owns several Los Angeles nightclubs and lounges: Create, Greystone Manor, Emerson, Hyde, XIV, Colony, Eden, MyHouse, MyStudio and The Abbey. As clubs tend to wane in popularity quickly, Nazarian typically only keeps his clubs open for eight months to a year, closes them for extensive renovations, and then reopens them (often under a new name, preferably short) to keep the brand fresh. SBE generally owns each of its venues outright giving it the flexibility to quickly adjust to the vagaries of the market. 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. 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. Nazarian owns the Hyde Lounge at Staples Center in Los Angeles and he also owns the Hyde at AmericanAirlines Arena in Miami. In 2014, SBE agreed to lease the top two floors of 5900 Wilshire, a skyscraper in Los Angeles, CA.
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