Robert De Niro Considers Selling Famous Sushi Chain

Robert De Niro may be looking to cash out his stake in celebrity sushi chain Nobu, according to press reports. The actor teamed up with famed sushi chef Nobuyuki Matsuhisa to open 16 locations of the posh eatery in cities such as South Beach, Florida, Malibu, California, Tokyo, Japan and Las Vegas, Nevada. Owners of the celebrity hot spot have been meeting with executives from chain companies such as Starwood Hotels and PF Chang’s to help finance even further expansion. A source tells New York magazine part of the thinking between the partners is, “They’ve had a great run, and it wouldn’t be such a bad idea to cash out.” The company is estimated to be worth $250 million, and De Niro is said to own approximately 30 percent. more…

Leave a Reply

You must be logged in to post a comment.