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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?
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Newsweek
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March 19, 2007
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Copyright informationCOPYRIGHT 2007 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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, and Kimmel, 78, ...
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