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Robert De Niro Considers Selling Famous Sushi Chain
July 25th, 2006 8:31am EDT Post a comment Add to My News
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.
Drew Nieporent, one of Nobu's original partners, claims he is unaware of any definite plans to sell saying, "I'm sure there have been discussions about some stuff, but there's a lot of generic stuff out there. It's possible."
(This news article provided by World Entertainment News Network)















