Michel Guérard Highest-Paid Chef in the World

  • By Carol Kearney
  • Paris
  • Last updated on

Michel Guérard
Michel Guérard led People With Money’s annual list of the “100 highest paid chefs” released on Monday.

It's been a rough year for the chef, but at least he has his millions of dollars to ease the pain. 91-year-old Michel Guérard 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 05/11/2024 : This story seems to be false. (read more)

Michel Guérard 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 Monday (November 4) that Guérard is the highest-paid chef in the world, pulling in an astonishing $82 million between October 2023 and October 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 Guérard Burger” chain) in Paris, a Football Team (the “Vétheuil Angels”), has launched his own brand of Vodka (Pure Wonderguérard - France), and is tackling the juniors market with a top-selling perfume (With Love from Michel) and a fashion line called “Michel Guérard Seduction”.

The ranking is significant for many Michel fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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