Bobby Flay Net Worth: $20 Million. Bobby Flay is an American celebrity chef, restaurateur, and reality television personality. The Food Network staple has an estimated net worth of $20 million. Here is all you should know about his fame and fortune.
Bobby Flay Net Worth: How He Began
Bobby was born Robert William Flay on December 1, 1964, in New York. He grew up in Upper East Side of Manhattan. Bobby, from a very young age, showed great interest in cooking. After he returned from school, he’d spend hours in the kitchen making snacks and most times helped his mom with the grocery list. At 8 years old, Bobby requested from his dad an Easy-Bake Oven for Christmas which he received.
Flay’s passion for cooking soon overshadowed his academic performances and at the age of 17, he dropped out of high school. Thereafter, he began working in restaurants including a pizza parlor and a Baskin-Robbins ice cream shop.
Bobby’s dad Bill Flay was also involved in the restaurant business, though as an administrator. He was a manager at the famous Joe Allen Restaurant in Theater District, Manhattan, New York. When a worker at the restaurant called in sick, Bobby’s dad immediately ordered him to fill-in the position.
Bobby’s role of salad making at the famed restaurant soon turned into a full-time job. His boss and owner of the restaurant Joe Allen was so impressed with Bobby’s skills that he offered to pay his tuition at the French Culinary Institute. He graduated with a degree in culinary arts in 1984.
Subsequently, Bobby worked for a handful of other restaurants in New York notably for restaurateur Jonathan Waxman whose signature use of southwestern spices rubbed off on Bobby. Bobby took a brief hiatus from the kitchen to work on Wall Street.
Bobby Flay Net Worth: Success And Rise To Stardom
In 1991, Bobby’s mastery of southwestern cuisine landed him a job as an executive chef at restaurateur Jerome Kretchmer’s Mesa Grill. Bobby soon became a part owner of the restaurant which received much critical acclaim. A year later in 1992, Mesa Grill won the much coveted New York Magazine Award of Best restaurant of the Year.
The following year 1993, came with more success, Bobby received an Outstanding Graduate Award from his Alma mater. He also opened his second New York restaurant “Bolo Bar and Restaurant” which enjoyed much success until its closure on December 31, 2007.
Flay went on to open several other successful and popular restaurants. The Mesa Grill Las Vegas opened its doors in 2004 and the Bahamas location was opened in 2007. The original Mesa Grill opened in 1991, shut its doors in December 2013 following rent increment.
Flay also owns Bar Americain in Midtown Manhattan and Bobby Flay Steak in Atlantic City, New Jersey. Perhaps his must successful venture is his burger chain “Bobby’s Burger Palace” which opened its first location in Lake Grove, Long Island on July 15, 2008. BBP now has at least 19 locations in 11 states across the US.
Bobby Flay Net Worth: Food Network Shows
Bobby Flay’s success is greatly linked to his popularity on Television where he also takes top dollar. He made his debut appearance on the Food Network in 1994 and has since been a staple. Flay has hosted over a dozen cooking shows and specials on the Food Network and Cooking Chanel. They include Beat Bobby Flay, Bobby’s Dinner Battle, Boy Meets Grill, The Best Thing I Ever Ate and Brunch @ Bobby’s.
Bobby also stars on “Iron Chef America” which has been running since 2005.
Bobby Flay Net Worth: Other Ventures
In addition to overseeing his numerous restaurant chains and hosting several shows on The Food Network, Flay makes money from the sales of his own merchandise including cookbooks of which he has written at least a dozen. He also markets his own line of signature spices, dishes, sauces, and cookwares. In 2012 Forbes estimated his yearly earnings at $9 million.
An avid horse racer, Flay owns investments in Thoroughbred horse racing. He owns several graded stakes race winner horses including More Than Real, and Creator both of which have won prestigious races.
Bobby Flay has been married and divorced three times. His first marriage was to chef Debra Ponzek in 1991, they divorced two years later in 1993. He then married Kate Connelly in 1995 and divorced 3 years later in 1998. His third marriage was to actress Stephanie March in 2005, they divorced 10 years later in 2015. Flay’s marriage to his second wife Connelly produced a daughter named Sophie.
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