Facts of Eddie Nash
How much was Eddie Nash’s Net Worth?
Eddie Nash was a Palestinian-born restaurateur, nightclubs owner, drug dealer, as well as a convicted gangster. He is widely popular as the alleged mastermind of the Wonderland Murders.
Surprisingly, Eddie started his empire from a small simple hot dog stand in late 1950s. He was the biggest nightclub owner in Hollywood in the early 1980s.
Eddie Nash’s Net Worth: Salary, Income Sources, Earnings, and Career
As per Celebrity Net Worth, Nash held an estimated worth over $30 million at the height of his career (which happens to be around $133 million after adjusted inflation as of 2019).
Nash generated his fortunes from his sources like dance clubs, real estates, and others.
Eddie moved to America with less than ten bucks and worked odd jobs for a while. He then opened a hotdog stand Beef’s Chuck in Hollywood Boulevard.
He worked as a cook, waiter, and show runner. Moreover, he even tried his luck at acting in hopes of becoming the next Paul Newman and Warren Beatty, however, his dreams were short-lived.
By the end of 1970s, Eddie owned several restaurants and nightclubs in Los Angeles, California like the P.J.’s club which was renamed to Starwood afterwards, the Soul’d Out Club in Hollywood, the Paradise Ballroom, the Odyssey disco, Ali Baba’s, the Seven Seas, and The Kit Kat strip club.
His clubs attracted diverse groups like gays, Afro-Americans, straights, teenagers, and other audiences.
Moreover, Nash loved adult movies and invested in movies. Then, he also leased office space to several adult-film related business.
Eddie Nash’s Assets, Lifestyle, and Expenses
With a massive net worth of $30 million he surely lived a lavish lifestyle. Although the house and cars detail is not available, he surely owned some branded whips and million dollar mansion.
The list of his expenses included on foods, accommodations, cars, and other things. Eddie had one very expensive habit of spending his fortunes.
As per a reliable source, Nash spent around $1 million per year on drugs; $6 million for massive expenditure on drugs for 6 years. The amount is equivalent to spending $4.5 million per year of $12.3k per day on drugs today.
Friendship with John Holmes
Eddie was friend with adult film star John Holmes who was also a drug addict. Holmes was in debt to a group of drug dealers called the Wonderland Gang, named after the house they lived in Los Angeles. Surprisingly, Nash owned the property.
Despite the friendship they shared, John ditched Nash after he led the Wonderland crew to Nash’s home for robbery.
During the robbery, Nash and his bodyguard were beaten badly and left to die. However, things took a turn, and John was caught red handed with Nash’s stolen rings.
Holmes was beaten by Eddie’s men. His life got spared after he identified the Wonderland gang as the thieves.
Following the summer of 1981, the notorious Wonderland Murders occurred. In the murder, Launius, Miller, Deverell, and Barbara Richardson were found dead at 8763 Wonderland Avenue in Laurel Canyon, Los Angeles.
Nash was sentenced to eight years in prison, however, was released after just two years due to poor health. Later a source claimed, Nash bribed $100,000 to a judge for his release.
In 2000, Nash was arrested under the Racketeer Influenced and Corrupt Organizations Act (RICO) for money laundering operation, drug trafficking, bribing one of the jurors, and conspiring to carry out the Wonderland Murders.
Eddie pleaded guilty for his acts and jury tampering, though he denied the murder plans. In exchange to his plea, Eddie was fined $250,000 and sentenced four and a half year in prison.
Eddie Nash Personal Details: Age, Wife, Death
Born Adel Gharib Nasrallah on 3rd April 1929 in British Palestine, Eddie Nash held dual nationality: American and Israeli. However, the information regarding his ethnic background is not out.
Nash was romantically involved with former lover Mauren Bautista (died on 6 Sept. 1984). The duo shared a son Telesforo who died on 6 September1984.
Eddie Nash’s Death
Nash was suffering from emphysema and several other ailments. He died peacefully at the age of 85 on 9th August 2014.
Eddie is laid to rest at Holy Cross Cemetery located in Culver City.