American chef and restaurateur
#26 in Chefs today
As of 2024, Michael Symon has a net worth of $10 million. According to Forbes, Symon earns $30,000 salary per episode through his television shows such as The Chew & Iron Chef.
Assets and Investments
Chef Michael Symon owns 15 real estate properties. Half of these are used for his restaurant business, while the others are residential houses that he rents out.
Symon also holds $2 million in stock market investments, including shares in Tesla, Microsoft, Nvidia, and Boeing. Additionally, Symon recently bought a 100-acre vineyard in California.
Michael Symon Cars
Michael Symon owns a fleet of 7 luxury and sports cars. His most expensive purchase is the McLaren GT which cost him $310,000. Symon also owns a Lamborghini Aventador.
House
Symon bought a 5-bedroom luxury villa in Beverly Hills, California, for $7.1 million in cash. He also spent an additional $300,000 to build a bowling alley, home theater, and gaming room in the home.
Michael Symon Net Worth
Net Worth | $10 Million |
Annual Income | $5 Million |
Salary | $30,000 per episode |
Inheritance | $175,000 |
Bank Balance | $880,000 |
Wealth Timeline
Early Career (1990s-2000s):
In the 1990s, Michael Symon started working in various restaurants and building his skills. He earned around $50,000 to $80,000 a year during this time.
Restaurant Expansion (2000s-2010s):
As Symonโs reputation grew, he opened several successful restaurants. His income during this period ranged from $500,000 to $1 million annually.
Television and Media (2010s):
In the 2010s, Symon became a popular TV chef, which brought him more opportunities such as Chew. He earned between $1.5 and $3 million a year from TV shows, book deals, and endorsements.
Real Estate and Investments (2010s-2020s):
Symon started investing in real estate and the stock market. This diversified his income to about $2 to $4 million a year from these investments.
Vineyard and Luxury Assets (2020s-present):
Recently, Symon bought a large vineyard and luxury properties. His income has increased to $3 to $5 million annually, thanks to these high-value investments and assets.
Wife and Marriage
Michael Symon is married to Liz Shanahan. They tied the knot in 1995. Before their marriage, Liz was involved in the food industry and worked in various restaurants.