It's been a rough year for the chef, but at least she has her millions of dollars to ease the pain. 73-year-old Paula Deen has taken the No. 1 spot on People With Money’s top 10 highest-paid chefs for 2020 with an estimated $96 million in combined earnings.
UPDATE 12/08/2020 : This story seems to be false. (read more)
Paula Deen tops annual list of highest-paid chefs
In 2018 it looked like the chef’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Tuesday (August 11) that Deen is the highest-paid chef in the world, pulling in an astonishing $96 million between July 2019 and July 2020, a nearly $60 million lead over her 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 American chef-television host has an estimated net worth of $275 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Deen Burger” chain) in Washington, a Football Team (the “Albany Angels”), has launched her own brand of Vodka (Pure Wonderdeen - US), and is tackling the juniors market with a top-selling perfume (With Love from Paula) and a fashion line called “Paula Deen Seduction”.
The ranking is significant for many Paula fans, who have been waiting for her triumphant return to the glory days for what seems like a lifetime.
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