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All four members changed their minds after hearing from a penitent Nazarian, promising to address any addiction issues he may have and to take time off from running his sprawling hospitality empire."I'm taking off from SBE as a whole," said the 39-year-old billionaire, referring to the company he runs.

"Twenty years of going 100 miles per hour, it takes its toll. I've sought help."Earlier in the week, Nazarian had already stepped away from his chief executive role at the SLS Las Vegas hotel and casino, turning over management to his principal investor, real estate investment firm Stockbridge.

Nazarian was an invited speaker to the popular Iranian-American event "Passing the Torch of Success" in 2009.

His net worth is estimated at $150 Million and his home in the Hollywood Hills, sprawling across 6,000 square feet and cantilevered from a cliff face, embraces a multitude of fantasies of Californian living, from the Rat Pack to David Hockney’s Bigger Splash.

The marble-countered center island kitchen will easily accommodate two private chefs and opens one on side to an octagonal breakfast room and on another to a family room with fireplace and backyard access through French doors.