Alain Passard Highest-Paid Chef in the World
- By Carol Kearney
- Paris
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It's been a rough year for the chef, but at least he has his millions of dollars to ease the pain. 68-year-old Alain Passard has taken the No. 1 spot on People With Money’s top 10 highest-paid chefs for 2024 with an estimated $82 million in combined earnings.
UPDATE 23/12/2024 : This story seems to be false. (read more)
Alain Passard tops annual list of highest-paid chefs
In 2022 it looked like the chef’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (December 22) that Passard is the highest-paid chef in the world, pulling in an astonishing $82 million between November 2023 and November 2024, a nearly $50 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The French chef has an estimated net worth of $245 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Passard Burger” chain) in Paris, a Football Team (the “La Guerche-de-Bretagne Angels”), has launched his own brand of Vodka (Pure Wonderpassard - France), and is tackling the juniors market with a top-selling perfume (With Love from Alain) and a fashion line called “Alain Passard Seduction”.
The ranking is significant for many Alain fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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