Carlo Cracco, a revered Italian chef, is known for his exquisite Italian cuisine that has earned him the nickname of ‘the king of Italian cuisine’. Cracco has been a judge on famous culinary competitions like MasterChef Italia and Hell’s Kitchen and hosts his own cookery shows. He earned four Michelin stars in his career and is the owner of exclusive restaurants in Milan serving delicate dishes like Peppered Clams and Risotto with Black Squid Ink. According to Forbes, Cracco earned around €7 million in 2019, positioning him as one of the highest-earning chefs in the world.
Antonino Cannavacciuolo is another Italian chef making headlines in the industry. Cannavacciuolo is the proud owner of two 2-star Michelin restaurants, Villa Crespi in Cannero Riviera and Antonino Cannavacciuolo Restaurant in Novara. His expert blend of Italian and French cuisines resonates with most of his guests, landed him in Forbes’ list of highest-earning chefs in the world netting around €4.2 million annually. Additionally, he has served as the head chef of the two-star Michelin restaurant in Verona and hosted several television shows like MasterChef Italia and Hell’s Kitchen, among others.
But, how do chefs like Cracco and Cannavacciuolo earn so much money? The answer is simple; as chefs, they own high-end restaurants, cater to elite clients, host cooking shows, and endorse various brands. According to reports, the average restaurant’s revenue in the US can range anywhere from $250,000 to $3 million annually. With their exclusive restaurants, Cracco and Cannavacciuolo cater to high-paying customers and earn millions of euros annually through their culinary prowess. In addition to owning restaurants, many chefs are turning into entrepreneurs and opening their trademark culinary lines, which increase their revenue streams.
Cooking shows and product endorsements are another way chefs like Cracco and Cannavacciuolo earn a substantial amount of money. Television programs like MasterChef and Hell’s Kitchen attract millions of viewers around the world. The chefs, therefore, become popular and earn even more money than through their restaurants. The winners of the cooking shows also get access to sponsorship deals, making a fortune through their passion for cooking.
In conclusion, chefs like Carlo Cracco and Antonino Cannavacciuolo are earning more than ever, thanks to their culinary skills. Their high-end restaurants and global recognition through TV shows and product endorsements guarantee a steady income stream. But, let’s not forget it’s not just Cracco and Cannavacciuolo that are earning a fortune through culinary skills. The industry has witnessed a surge of young talented chefs building their empires and earning millions of dollars using their culinary skills. Cooking is not just about the passion; it can be a lucrative business with many making a fortune from it.