4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

Jamie Oliver is the World’s richest chef. You may read at other sites that Rachael Ray, Wolfgang Puck, Gordon Ramsey, Nobu Matsuhisa, Alain Ducasse, Paula Deen, and Mario Batali are among the richest. However, none of them even come close to Jamie Oliver in terms of  net worth. In fact, their combined net worth is still less than Jamie Oliver’s net worth. Even if you’re not necessarily a big fan of cooking shows, you might recognize Jamie Oliver as the outgoing Brit that is always stirring something in a pot or chopping home-grown basil. Well, apart from being cute pleasant to the eye, Oliver also happens to be the riches chef in the world, worth a whopping $170 million according to the Daily Mail.

You may be interested in starting a business. But what has made Jamie Oliver such a wealthy man? Though nobody’s is denying his unmatched cooking skills, we’re betting that Mr. Oliver also has a keen business sense. Following, we would like to present you with a list we have compiled of the top 4 business strategies that have turned Oliver into the world’s richest chef. Before going through this list, please check out our articles about 7 most profitable businesses you could start, 10 most profitable franchises in 2014, and most profitable small businesses.

Jamie Oliver World's Richest Chefs

No. 4: Take advantage of your opportunities

Back in 1997, Oliver was working as a pastry chef when BBC executives discovered him at The River Café and offered him a TV Deal. While getting your own TV show is a great opportunity in itself, Oliver decided to make the most of his lucky break. Thanks to his appearances on the Naked Chef Show and his increased exposure, he took advantage of the publicity generated to also advertise his cookbook, which became a best seller in the UK soon after.

No. 3: Expand your influence

By 2000, Oliver was already a household name. 3 years of successful TV appearances and several bestselling books made him one of the most recognizable names in international cuisine. However, Oliver had no reason to settle so he signed an endorsement deal with one of the biggest companies in the UK – Sainsbury; a deal set to last 10 years through which Oliver amassed $2 million in profit per year.

No. 2: Give something back

Any successful entrepreneur should take the time and put in the effort to give something back to the community. This is precisely what Oliver had in mind in 2005 when he started a campaign designed to encourage Britain’s schoolchildren to ditch their bad eating habits and focus on making healthier food choices. His campaign – Feed Me Better – generated an impressive feedback not only from the public and the media, but also from the UK government who rapidly involved itself in the matter. His movement was so impressive that by the end of the year he was voted as the Most Inspiring Figure of 2005 by viewers of UK’s Channel 4.

No. 1: There really is no limit to how much you can achieve

The most important business lesson that anyone can learn from Jamie Oliver is that you really have no limits to how much you can achieve. During the past 17 years, Oliver went from the cute chef on BBC to the wealthiest man in the industry. Through constant determination and perseverance, Oliver managed to always move forward. Thus far, Oliver has 15 best selling cookbooks, his own company – Sweet as Candy – and a chain of restaurants featuring more than 30 venues. And by the looks of it, he isn’t planning on retirement just yet.