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Jamie Oliver rakes in £87k a day despite 1,000 staff losing their jobs at his diner chain
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express.co.ukThe TV chef's Jamie's Italian business collapsed into administration, which resulted in 1,000 job losses. But Jamie, 44, is still valued at £100million because of his book sales and TV deals.
His company Jamie Oliver Holdings Ltd is a separate entity from the failed chains and turned over £31.3million in 2018. Nearly £8.8million of that was profit, which was up £5.6million from the year before.And the figures showed he earned £24.8million from "royalties, endorsements and licensing income".The company paid out close to £9million in wages and £2million went towards taxes.The chain was reduced from 25 restaurants to three in May 2019.It is believed that Jamie paid at least £13million to save the restaurants.
Read more on express.co.uk
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