Jamie Oliver rakes in a staggering £87,000-a-day despite his restaurant chain Jamie’s Italian going under last year owing £83million.
The popular telly chef, 44, saw his restaurant chain Jamie’s Italian go under last year owing £83 million.
But Jamie is still worth an estimated £100million thanks to his lucrative TV and cookbook deals.
His company Jamie Oliver Holdings Ltd is separate from the failed eateries business and in 2018 turned over a tasty £31.3million.
Around £8.8million of that was profit – up £5.6million on the previous year
The accounts said the highest-paid director picked up a pay packet of £1.8 million.
(Image: PA)
Latest books sent to Companies House reveal: “The Group’s principal activities during the year were developing and producing multimedia programming and artistic and literary creation.”
The figures said £24.8million of the income came from “royalties, endorsements and licensing income”, £6m was from “production income” and around £400,000 was from magazines and “other income”.
Almost £9million was paid out in wages and £2million went to the taxman.
Jamie closed his restaurants in May last year causing job lesses of more than 1,000.
Jamie’s Italian restaurant chain went under last year
He is said to have paid out around £15 million to keep the chain afloat but the true debts of the enterprise are put at around £83million.
Jamie said of the collapse: “We had simply run out of cash. And we hadn’t expected it.
“That is just not normal, in any business. We’re still trying to work it out, but I think that the senior management we had in place were trying to manage what they would call the perfect storm: rents, rates, the high street declining, food costs, Brexit, increase in the minimum wage.
“There was a lot going on.”
Source: Celebrities - dailystar.co.uk
