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Robert De Niro's London restaurant business took furlough cash to help out-of-work staff...
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Miloch
Feb 15, 2021, 12:05:31 PM2/15/21
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...despite Hollywood star being worth around £360million
more at
https://www.dailymail.co.uk/news/article-9262307/Robert-Niros-London-restaurant-business-took-furlough-cash.html
*De Niro, 77, co-founded the high-end Nobu chain with chef Nobu Matsuhisa
*The Hollywood Goodfellas star has an estimated £360million fortune
*Nobu guests have included Cheryl Cole, Brad Pitt, Kate Moss and Tom Cruise
Hollywood heavyweight Robert De Niro’s celebrity-loved Nobu London restaurant
has used taxpayer' money to furlough staff during the pandemic - despite his
£360million fortune.
Goodfellas star De Niro, 77, co-founded the high-end Nobu chain with celebrity
chef Nobu Matsuhisa and film producer Meir Teper in 1994.
The trio now co-own scores of Nobu restaurants and hotels across five
continents.
London's branches have played host to hundreds of celebrities over the years
including Cheryl Cole, Brad Pitt, Kate Moss, Tom Cruise, Elton John and Naomi
Campbell.
TaxPayers’ Alliance CEO John O’Connell said: “Justifiably, the Government cast a
wide net to catch everyone who could be affected by this coronavirus crisis.
“But recipients should keep in mind that this money ultimately comes from
taxpayers, and support should only be sought if it’s really needed.”
Nobu London Ltd has claimed furlough money to cover 80 per cent of temporarily
laid off workers’ wages, according to a Government list published on January 26.
The company's latest accounts are made up to December 2019 and were published in
September.
Its annual accounts state: “The restaurant has been closed since March 21, 2020,
as a result of the Covid-19 pandemic in the UK, and reopened on May 6 2020 to
operate in providing a limited restaurant service that can be operated by the
company under the recommended health and safety guidelines imposed during the
Covid-19 pandemic such as food take away service.
“Also on July 8, 2020 the company reopened its in-house dining service to guests
that can be operated under social distancing rules during the Covid-19 pandemic.
“The directors therefore expect to report a significant decrease in
profitability due to materially reduced revenues in 2020.”
De Niro is just the latest wealthy celeb to be slammed for taking furlough cash
taxpayers will eventually have to pay back.
Guy Ritchie and former Rugby ace Mike Tindall - who is married to the Queen’s
granddaughter Zara Tindall - both enraged the public after their firms claimed
furlough cash.
Other stars like Ed Sheeran - who owns Bertie Blossoms restaurant in posh
Notting Hill, north-west London - have won praise for not taking state handouts.
Despite his enormous reported wealth, De Niro has complained of cash flow
problems recently.
Divorce proceedings in July heard how the actor slashed his ex-wife Grace
Hightower’s monthly American Express limit from $100,000 to $50,000.
De Niro reportedly said the Covid-19 pandemic has forced him to “dramatically”
cut spending.
One of his lawyers Caroline Krauss reportedly said that the plight of the Nobu
chain had put De Niro under financial pressure.
De Niro and Nobu London Ltd have been approached for comment.
*
more at
https://www.dailymail.co.uk/news/article-9262307/Robert-Niros-London-restaurant-business-took-furlough-cash.html
*De Niro, 77, co-founded the high-end Nobu chain with chef Nobu Matsuhisa
*The Hollywood Goodfellas star has an estimated £360million fortune
*Nobu guests have included Cheryl Cole, Brad Pitt, Kate Moss and Tom Cruise
Hollywood heavyweight Robert De Niro’s celebrity-loved Nobu London restaurant
has used taxpayer' money to furlough staff during the pandemic - despite his
£360million fortune.
Goodfellas star De Niro, 77, co-founded the high-end Nobu chain with celebrity
chef Nobu Matsuhisa and film producer Meir Teper in 1994.
The trio now co-own scores of Nobu restaurants and hotels across five
continents.
London's branches have played host to hundreds of celebrities over the years
including Cheryl Cole, Brad Pitt, Kate Moss, Tom Cruise, Elton John and Naomi
Campbell.
TaxPayers’ Alliance CEO John O’Connell said: “Justifiably, the Government cast a
wide net to catch everyone who could be affected by this coronavirus crisis.
“But recipients should keep in mind that this money ultimately comes from
taxpayers, and support should only be sought if it’s really needed.”
Nobu London Ltd has claimed furlough money to cover 80 per cent of temporarily
laid off workers’ wages, according to a Government list published on January 26.
The company's latest accounts are made up to December 2019 and were published in
September.
Its annual accounts state: “The restaurant has been closed since March 21, 2020,
as a result of the Covid-19 pandemic in the UK, and reopened on May 6 2020 to
operate in providing a limited restaurant service that can be operated by the
company under the recommended health and safety guidelines imposed during the
Covid-19 pandemic such as food take away service.
“Also on July 8, 2020 the company reopened its in-house dining service to guests
that can be operated under social distancing rules during the Covid-19 pandemic.
“The directors therefore expect to report a significant decrease in
profitability due to materially reduced revenues in 2020.”
De Niro is just the latest wealthy celeb to be slammed for taking furlough cash
taxpayers will eventually have to pay back.
Guy Ritchie and former Rugby ace Mike Tindall - who is married to the Queen’s
granddaughter Zara Tindall - both enraged the public after their firms claimed
furlough cash.
Other stars like Ed Sheeran - who owns Bertie Blossoms restaurant in posh
Notting Hill, north-west London - have won praise for not taking state handouts.
Despite his enormous reported wealth, De Niro has complained of cash flow
problems recently.
Divorce proceedings in July heard how the actor slashed his ex-wife Grace
Hightower’s monthly American Express limit from $100,000 to $50,000.
De Niro reportedly said the Covid-19 pandemic has forced him to “dramatically”
cut spending.
One of his lawyers Caroline Krauss reportedly said that the plight of the Nobu
chain had put De Niro under financial pressure.
De Niro and Nobu London Ltd have been approached for comment.
*
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