Jamie Oliver’s restaurant business went into administration earlier this week, with more than 1,000 jobs lost.
The celebrity chef boasted a net worth was a staggering £240million last year – the majority of which came from his cookbook sales and chains of restaurants – including Jamie’s Italian, Fifteen and Barbecoa.
And the 43-year-old gave fans a glimpse into his luxurious lifestyle with wife Jools Oliver, and their five children, just before his empire crumbled.
The pair – who share Poppy Honey Rosie, Daisy Boo Pamela, Petal Blossom Rainbow, Buddy Bear Maurice and River Rocket Blue Dallas – share a Grade II listed mansion in Hampstead Heath.
Their sprawling property – worth an estimated £8.9million – boasts seven bedrooms, an idyllic back garden and a huge playroom for the kids, complete with an indoor treehouse.
If all that’s not enough, the celebrity chef installed a kitchen stocked with everything he could ever possibly desire.
Which must be quite handy when coming up with new recipe ideas for his cookbooks.
On top of all this, the couple recently splashed out another £6million on a 16th Century mansion in Essex at the beginning of the year.
According to Hello Magazine, the six-bedroom farmhouse and converted stables – which is across a 70-acre estate.
It has been reported the chef is planning to use the stables to film shows and hold his own masterclasses.
Jamie made headlines earlier this week over the news he is preparing to close a string of his restaurants, as his empire goes into administration.
He called in KPMG to handle the insolvency process, with all but three of his restaurants closing and more than 1,000 jobs at risk.
However, some of his staff claim they were only made aware of the situation on the day it was announced in the news.
While others state they found out their jobs were in trouble in an email sent from their boss.
‘I’m absolutely devastated that we have had no choice but to put our much-loved UK restaurants into administration, which means the fate of Jamie’s Italian UK, Fifteen London and Barbecoa is now in the hands of an administrator, who will be responsible for the operations of these restaurants and their future,’ it read.
‘I appreciate how difficult this news is for everyone affected and I want to assure you that I have explored every possible avenue available and exhausted all options over the past months to try and save this business.
‘I have personally invested everything I could to try and turn things around. Once it became clear that an administration was our only option, I personally made sure that I was able to pay everyone’s salary to date, so none of you are left out of pocket for the great work you’ve done.
‘Everyone has tried so hard to support this wonderful business, but the well-publicised struggles of the casual dining sector and decline of the UK high street, along with soaring business rates amongst other things, have meant this storm was just too great for us to overcome.
‘Although I can’t physically be with everyone around the country today, I wanted to take a moment to thank you all for putting your hearts and souls into our restaurants.’
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