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Article: Hollywood's New Moguls; Superrich Sidney Kimmel and Sam Nazarian are out to shake things up in Tinseltown. But will the old guard shake them down before they get the chance?
- Article from:
- Newsweek
- Article date:
- March 19, 2007
- Author:
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Byline: Johnnie L. Roberts
They're hardly descendants of pioneering Hollywood bosses like the Warner brothers and Louis B. Mayer. Nor are they Murdochs or Redstones, the current titans of media and entertainment. But Sidney Kimmel and Sam Nazarian--two "high-net-worth individuals" you've probably never heard of--are already showing they can spend like any mogul worth his Ferrari. Last week, Kimmel plopped down $40 million for Johnny Carson's Malibu estate, a few days after Nazarian bought the famed Sahara Hotel & Casino in Vegas, where the Rat Pack once roamed.
Yes, there are rules for living like a mogul. But Nazarian, 31, co-owner of Element Films, ...
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