Current Events

How Much Is Mario Batali Worth?

The chef and restaurateur is the latest high-profile figure to be accused of sexual misconduct.
IMAGE GETTY
Comments

Mario Batali recently announced he is stepping away from his restaurant empire in the wake of sexual misconduct allegations.

The 57-year-old, who owns 22 restaurants, including the prestigious Del Posto and Babbo in New York City, along with three Eataly markets, has not denied the allegations. He apologized and issued a statement that read, in part: "Much of the behavior described does, in fact, match up with ways I have acted."

Prominent chefs like Tom Colicchio and Anthony Bourdain have commented on the situation; Colicchio said "no one should be surprised" and wrote on Twitter, "It was well documented in Bill Buford's book Heat."


Batali on the set of The Chew

The allegations leveled at Batali have earned nationwide attention because he is one of a small handful of top American chefs who is also a household name. He is a prolific entrepreneur, cookbook writer, and even television personality, and Batali's restaurants, books, and television jobs have made him a lot of money.

In 2012, the Batali & Bastianich Hospitality Group, Batali's company with partner Joe Bastianich, reported annual revenues of $250 million. That year, the first branch of Eataly that opened in New York City in 2010 had already paid back its investors and was on track to do $85 million in annual revenue.

Batali himself has a made a lot of money, too—about $25 million, according to celebritynetworth.com.

While Batali remains an owner of his restaurants, his status as a co-host of ABC's daytime food show The Chew is in jeopardy. The network asked the chef to step away from the show "while we review the allegations that have just recently come to our attention," a spokesperson told Eater.

Another television show Batali had in the works, a Food Network reboot of his Molto Mario series, which previously ran from 1996 to 2004, has been halted, Grub Street reports. A spokesperson said, "Food Network takes matters like this very seriously and we are putting relaunch plans for Molto Mario on hold."

ADVERTISEMENT - CONTINUE READING BELOW

Batali is the author of 11 cookbooks, including the James Beard Award-winning Molto Italiano: 327 Simple Italian Recipes and the New York Times bestseller Mario Batali Italian Grill.

Since 1994, Batali has been married to Susi Cahn. They have two sons, Benno and Leo Batali, who have a cookbook of their own.

*This story originally appeared on Townandcountrymag.com
*Minor edits have been made by the Townandcountry.ph editors

Comments
View More Articles About:
About The Author
Sam Dangremond
View Other Articles From Sam Dangremond
Comments
Latest Stories
 
Share
Cheers to the days when beautiful celebrities didn't take themselves too seriously.
 
Share
The 13-bedroom home on "Billionaires Row" is for sale for $135 million. If it achieves the asking price, it would be the most expensive house sale in Palm Beach history.
 
Share
The Princess's mother loved that Eugenie was able to make a statement with her dress.
 
Share
Her son's name, which was reportedly revealed over the weekend, is a nod to Prince William as well.
 
Share
 
Share
This year, give a gift that's (almost) as glamorous as her.
 
Share
From the spectacular dishes at our 61 partner restaurants to our fabulous guests who partied way past midnight at Sage.
 
Share
In a quest to become as eco-friendly as possible, the Prince has discovered a new level of luxury transit.
 
Share
Take a peek inside the most sought-after suite at this fabulous Croatian retreat.
 
Share
The golden-haired founder of Steps Dance celebrates a milestone.
 
Share
Prince Charles laid a wreath at the Cenotaph in honor of those who have died in war.
 
Share
The Palace just released this sweet photo of Louis and his grandpa Prince Charles.
Load More Articles
CONNECT WITH US