Buddy Valastro’s net worth is one of the highly discussed topics about him at the moment and the reason is pretty obvious. Buddy Valastro has established himself as one of the most influential figures in the culinary industry in America, having risen from very little to become a highly recognizable face on television. A reality TV star, Buddy is the star attraction of Cake Boss, an American television reality TV series which has been on the air for several seasons, gaining a lot of attention and launching Buddy Valastro to the spotlight.
Fans of the Cake Boss show have been fascinated by the dexterity with which Buddy Valastro handles matters concerning the creation and decorations of cake designs. He is also admired for his relationship with his family members who also appear on the show and ensure that the cake business is kept running smoothly. Buddy Valastro’s success as a baker and reality TV star is what has attracted questions about his net worth as fans are curious about whether or not he is rich. So, what is Buddy Valastro’s net worth at the moment and how did he go about making his money? Let’s find out.
How Buddy Valastro Rose To Prominence
Buddy Valastro, whose real name is actually Bartolo Valastro Jr., was born on the 3rd of March 1977 in Hoboken, New Jersey and grew up in urban Hoboken. Buddy was born to a father identified as Buddy Valastro Sr., and a mother called Mary W. Tubito. Even though he is an American man, Buddy is also of Italian origin because both his parents were born in Italy but immigrated to the US as kids before they met and got married. Buddy has four sisters called Grace, Mary, Maddalena, and Lisa and he is very fond of them.
Buddy’s father bought a bakery called Carlo’s Bake Shop and built it into a reputable bakery which was sought after by many people when Buddy was just a little boy. As time went on, Buddy’s father made him work in the bakery so he could gain some knowledge of the business. He started as a dishwasher then rose through the ranks to become a baker just like his father.
When Buddy Valastro turned 17 years old, his father passed away and he took over as the new chief of the Carlo’s Bake Shop. He had to drop out of school at this point so he could concentrate on the business. Buddy has always been a very industrious person right from his days as a child and he took his position as the chief baker very seriously. Aided by the entire family, Buddy turned Carlo’s Bake Shop into a nationally recognized cake bakery.
As the Carlo’s Bake Shop continued to find immense success, Buddy Valastro’s fame soared and he soon began to appear in TV shows. In 2007, he made appearances on the Food Network Challenge, a competitive cooking series as a guest mentor. In 2009, the Cake Boss TV series was launched, featuring Buddy Valastro and his entire family members as they go about their day to day affairs, baking cakes, making deliveries and relating with each other. The show has gained a lot of attention, leading to the expansion of the Carlo’s Bake Shop to several new locations.
Buddy Valastro’s Net Worth
Apparently, Buddy Valastro’s net worth is quite a huge amount at the moment, considering the growth of his family-owned cake business and the success of the Cake Boss reality TV show which features himself and his family. So, what is Buddy Valastro’s net worth?
At the moment, Buddy Valastro’s net worth has been pegged at approximately $10 million by different sources. This does not come as a surprise at all and it is expected that the figure will increase with time as he keeps making advancements and bringing new innovations to his bakery business.
How The ‘Cake Boss’ Made His Money
Buddy Valastro makes money from different channels; he rakes in most of his money from his bakery, the Carlo’s Bake Shop which he inherited from his father and which is now run by the entire family with him as the supervisor. Today, the bakery has become immensely popular, earning the family a lot of income.
Buddy also makes money from his appearances on the Cake Boss TV series which features his family working in and around the Carlo’s Bake Shop. Apart from baking cakes, Buddy is also into event planning. As a matter of fact, in June 2014, the baker launched an event planning and catering company which he called Buddy V’s Events and this company serves as a major source of income for the reality star.
Buddy Valastro has also partnered with different companies to create a variety of foods. In 2016, he became the official brand ambassador for Whole Earth Sweetener Co. after he partnered with the company on a campaign. The baker has also collaborated with a number of companies to create Buddy Valastro Foods, a new company of his which launched in 2018 to focus on providing ready-to-use fondant, buttercream icing, and Italian Biscotti cookies. The baker is undoubtedly doing very well.