Founder and Chief Executive, sbe Entertainment Group
THE LATEST: Nazarian’s SBE is a leading developer, manager and operator of high-end hotels and restaurants worldwide. In October 2018, SBE sold a 50% stake in the company to AccorHotels for nearly $320 million. Nazarian remains in place as CEO, and the deal gives SBE 29 hotels and 180 restaurants and entertainment venues around the world.
BACKGROUND: SBE’s brands include SLS Hotel & Residences, Delano, Mondrian, The Redbury, HYDE Hotel & Residences and The House of Originals. In addition, SBE’s Disruptive Restaurant Group subsidiary oversees Katsuya by Chef Katsuya Uechi, Umami Burger, Cleo, Fi’lia, Carna by Dario Cecchini, Leynia and Diez y Seis by Chef José Icardi, HYDE Lounge, S Bar, Doheny Room, Nightingale, Skybar, Bond and Privilege.
WORTH NOTING: Nazarian’s career began in the tech industry with a wireless company he cofounded and later sold. He began moving into development and hospitality in 2001 by diversifying his family’s assets into real estate holdings.
YEARS ON THE LA500: 4
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