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Jul 20, 2012 11:39 AM

Top Earning Chefs...Really?

I guess they are using the "Chef" title a bit more loosely that I do.

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  1. One common thread among the ten chefs on our list is that it is no longer enough for a chef to just own restaurants. Restaurant margins, especially at the fanciest locations, are notoriously thin. In order to make real money, chefs need TV shows, merchandise and even magazines.
    LiveRock, this boxed message within the article should clarify the context very easily. No different in any other entertainment biz.

    1 Reply
    1. re: HillJ

      I may be unaware, but I didn't think that Ducasse has merchandise, a magazine or an
      on-going TV presence.

    2. It's easier for the to say, "Chef", than "Food Personality and/or Restauranteur and/or Cooking Product Hawker".

        1. I doubt that list is accurate. I'm sure there are a number of well off "culinary personalities" who prefer to keep their financial status private.

          Guy Fieri worth more than Emeril Lagasse? I doubt it.

          2 Replies
          1. re: ChefJune

            "Guy Fieri worth more than Emeril Lagasse? I doubt it"

            Current income, I think it's possible. He's still making a ton of money, but I dont think he's making as much as he was 10 years ago when he was everywhere on tv and his books were bestsellers. He has a lot of restaurants, but the margins on restaurants are often very thin!

            1. re: twyst

              And Emeril sold his 'brandname' to Martha some years ago.

          2. Please. It's like saying a trust fund baby who gets a $20 million allowance and cooks at a restaurant as a hobby is a top earning chef. If Gordon Ramsay is a top earning chef, why can't his restaurants pay its bills?