14 Jamie & Juliette Oliver
Media & Restaurants, £200m
A new £10m London home has been added to Jamie Oliver’s growing property empire. The eight-bedroom house in the heart of Hampstead’s luvvie-land, complements his £7m home three miles away in Primrose Hill and a country manor near his childhood home of Clavering. But the celebrity chef, whose latest Channel 4 series, Jamie’s Super Food, is being aired, should have no trouble with the mortgage. It was reported in June 2015 that Oliver was looking to sell a stake in his restaurant empire to the 3i private equity group that would value the whole operation at £200m. Jamie Oliver Holdings, the publishing and TV arm of the celebrity chef’s business empire, actually saw its profits fall in 2013 from £9.8m to £6.2m. Lower book sales and a slow down in TV production were blamed for the fall. Over at the separate Jamie’s Italian, which operates 39 restaurants in the UK and nine internationally, turnover rose to £101.8m though heavy investment hit profitability and profits in 2013 fell by over a quarter from £7.8m to £5.6m. Starting to cook at the age of eight in his parents’ pub, the young Oliver enrolled at Westminster Catering College after school and during the summer worked at The Starr restaurant in Dunmow. Fresh from college he earned his stripes at Antonio Carluccio’s trendy Neal Street restaurant in Covent Garden and quickly moved on to become assistant chef at London’s River Cafe, where he was spotted by a TV producer filming a documentary there. A string of cook books and TV programmes followed. By 2012 he had shifted 10m books worth £126m. With the likely £200m valuation of the business, Oliver should easily be worth that sum with his property assets and the value of his brand name. His wife Jools’ business interests in her Jool’s Enterprises (net assets nearly doubling in 2013 to £95,000) also bolsters a £200m valuation.