Win tickets to the ATP finals
Bolstered by his increasing popularity in foreign markets, he enjoyed a record income and his company made a profit of nearly £7.2m.
He is now effectively a global brand, offering his laddish, accessible cooking tips from Japan to South America. His books have been translated into 23 languages and sold 12.2m copies.
As his success has grown, Oliver has expanded his business interests, investing in new media ventures, property and food companies. He also has a significant income from advertising, which includes being the public face of Sainsbury’s.
“He is one of the most successful young entrepreneurs in Britain,” said Philip Beresford, compiler of The Sunday Times Rich List.
“He is already on the list of richest people under 30, and it will be interesting to see how long it takes for him to make it on to the main list of the 1,000 richest people in Britain.”
Oliver’s holding company, Sweet as Candy, declared a trading profit of £7.2m last year, which included income from international sales of his books, television shows and sales of cookware, as well as property investments.
Oliver and his wife Jools were paid £1.4m in share dividends, plus a further £457,101 in salaries and pension contributions.
The couple’s rise has been phenomenal. It is only six years since Oliver first appeared on television, yet their income for 2004 is more than double that of 2003.
The entrepreneurial chef first discovered his financial flair when he was 11 years old, leasing lockers from fellow pupils at school and selling sweets out of them.
He managed to build this ad-hoc stock warehouse to a total of six lockers and was soon making £30 a week. The income ensured he always got the latest expensive trainers before anyone else.
He started cooking at his father’s pub in Saffron Walden in Essex and later worked at the critically acclaimed River Cafe in London.
The chef, who trades on his cheeky chappie image, is now in high demand for product endorsements and advertising campaigns. Tefal cookware is promoted by him and Royal Worcester tableware also bears his signature.
One of his cherished projects has been Fifteen, the London restaurant that trains underprivileged youths as chefs. The restaurant is on track to make a profit this year. Oliver has also set up eight companies covering a variety of enterprises, from a venue hire business to an upmarket bakery.
Although he said he always wanted a stay-at-home wife to support his upward trajectory, this year Jools has also stepped into the showbusiness spotlight.
She has written a book entitled Minus Nine to One: The Diary of an Honest Mum, which chronicles the family’s domestic existence, complete with tips about the diet the couple favour for their daughters Poppy, three, and Daisy, two.
Oliver’s most successful overseas markets are Australia, Germany and Holland. “The books and films are becoming global,” said his spokesman Peter Berry. “He is now in demand in places such as Argentina and Brazil, as well as Hungary and Poland where there was never previously much interest in food and cooking shows.”
The chef’s companies will probably enjoy even greater financial success this year.
His campaign to expose poor-quality school meals has raised his profile even further and he has been credited with spurring improvements in menus.
Industry sectors news at a glance. Interactive heatmap, video and podcast
Everything the Business Traveller needs to know to make a better trip
Get ready for the winter sports season, with our resort guides and snow reports
We are backing British business, what is the confidence of the nation and what businesses are succeeding?
Growing demand for energy, oil that is harder to reach and the rise of carbon dioxide emissions. We examine the energy challenge
Enjoy further reading from Travel to Fashion, Business to Sport, discover more
Shortcuts to help you find sections and articles
36-month car lease
on contract hire for
£359.99 plus VAT pm
12 months for the price of 11 and a 5% discount.
Offer ends 31/11/09
The UK's leading alternative to showroom finance.
Finance packages tailored to your needs.
Minimum loan of £15,000
Car Insurance
£12,578 per annum
The Independent Housing Ombudsman
London
Competitive
Barclaycard
27 & 28 November 2009
Birmingham
Wood Mackenzie
London
For sale with Winkworth.
See your free Experian credit report beforehand
Book now & save over £100pp.
11 cool resorts, lowest prices... Early Booking offers 15 Nov.
20% off selected Azores holidays taken in October with Sunvil Discovery
Get covered on your travels with a superb range of policies at great prices. Visit InsureandGo.com
World Class Golf, Spa and preferential Beach Club. Private estate overlooking West Coast
Villas from £275 per night inclusive of Golf
Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times, or place your advertisement.
Times Online Services: Dating | Jobs | Property Search | Used Cars | Holidays | Births, Marriages, Deaths | Subscriptions | E-paper
News International associated websites: Globrix Property Search | Milkround
Copyright 2009 Times Newspapers Ltd.
This service is provided on Times Newspapers' standard Terms and Conditions. Please read our Privacy Policy.To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here.This website is published by a member of the News International Group. News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. VAT number GB 243 8054 69.