![]() ![]() “They both have budgets, they're creative in different ways. From London to Ibiza - New York to L.A, you will find this swanky restaurant and hotel group all around the world. De Niro co-founded with celebrity chef Nobuyuki “Nobu” Matsuhisa and film producer Meri Teper.ĭe Niro makes comparisons between his passions of acting and hospitality. But did you know he owns 46 restaurants and 13 luxury hotels? On the back of a single up-market Japanese-Peruvian fusion restaurant called, Nobu in 1994, Nobu Hospitality was founded in 2009 and has grown into a mini empire. ![]() ROBERT DE NIROĭe Niro is one of the most recognisable actors in the world. Money’s no issue for the biggest name in modern Basketball, with an estimated net worth of US$500 million. Prospective franchisees will also be required to have a minimum of $500,000 (£377k) in liquid funds to develop each franchise point. Overall, it will cost between $319,800 and $858,000 (£241k-£647k) to get a franchise restaurant up and running. For starters, there’s an initial franchise fee of $30,000 (£22.6k). You don’t have to be an all-star to start up your own Blaze pizza franchise, but it’s not cheap. It’s believed today that James owns 19 of the company’s pizza outlets. Within 5 years, LeBron’s stake in the business was reported to have grown to $35 million (£26m). Since then, the company has since become one of the fastest-growing food chains in the United States. The basketball legend invested $1 million (£749k) in Blaze Pizza in 2012. NBA legend and actor, LeBron James apparently loves pizza just as much as he loves basketball. Here are 12 celebrities you probably didn’t know invested in franchises: LEBRON JAMES Celebrity cooperation hasn’t just served as an endorsement for their own franchise points, rather it has proven to boost the entire networks profitability and even company share price. It would seem that the hospitality industry, in particular the fast-food industry, is the business of choice with some big names looking to not just diversify their business portfolios – but create franchising empires. The difference when buying a franchise is that you are buying a proven business-model with the added know-how and support aimed to make your business point as successful as possible. Business failure has come to some of the biggest names in the world such as Brittany Spears, Nicky Hilton, Lindsay Lohan, Pharrell Williams and even the big man, Hulk Hogan. These types of businesses require outrageously large sums of money to set-up and market, and have been seen to fail time and time again. We’ve seen in the past that some celebrities like to use their fame to start their own businesses such as restaurant and hotel chains, as well as clothing, perfume and cosmetic lines. In this article we’re going to look at what celebrities have invested their own money into successful franchises. ![]() Celebrities from the entertainment and sports worlds might be paid a lot of money for their talents, but making that wealth work for them long-term is a whole different ball game. ![]()
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