Gordon Ramsay has lost £60m during the pandemic
The celebrity chef initially thought that it would be over "in a couple of weeks"
The COVID-19 pandemic has hit everyone in the hospitality industry very hard. Absolutely nobody has been immune from it, not even the wealthiest and most high-profile chefs and restaurants. One high-profile individual who has been seriously affected by the pandemic is Gordon Ramsay, who revealed very recently that he has lost £60m so far as a result of pandemic-inflicted closures.
The celebrity chef, who owns 18 restaurants in London alone as well as countless more across the world, has had to close all of his UK restaurants as a result of pandemic restrictions. It's no surprise, then, that his businesses have suffered losses that are so huge it's almost impossible to imagine them!
"Having been through so much with the 2008 financial crash, then terrorist attacks and 9/11, when Covid first hit, we all thought it would be over and done with in a couple of weeks," Ramsay said speaking to The Sun. "In December we had £10m-worth of reservations wiped out overnight, and as of 19 March last year to 3 February this year we've suffered £57.5m of turnover down. I'm in it."
Whilst Ramsay has been able to make use of the government furlough scheme since March 2020 to save hundreds of jobs associated with his businesses, he initially came under a lot of critiscism when he had to make large numbers of his staff redundant. It's not something he took lightly, as in the conversation he had with The Sun he stated that "Since 1998, when I started, I have always put my money back into the business. I've never been greedy, I've always been very, very generous."
"I get criticised for being wealthy, but the responsibility on my shoulders - the livelihoods at stake - is huge. I feel that pressure enormously, and the impact of all this has been devastating and incredibly costly."
Ramsay is currently the host of the new BBC quiz show Bank Balance, intended to be a BBC-produced rival to shows such as The Chase and Who Wants To Be A Millionaire. It was also reported last August that he was planning to open 50 new restaurants across the UK. The first of those, Gordon Ramsay Burger in Harrods, opened in late 2020.