Celebrity Chef Mario Batali Gives up ALL His Restaurants Stakes

Celebrity Chef Mario Batali Gives up ALL His Restaurants Stakes

Celebrity chef Mario Batali “is now fully divested” from the restaurants that made him famous.

The now-former partner, Joe Bastianich, announced the news via a letter. Continue on to see what he said…

Bastianich, his sister Tanya Bastianich Manuali and other one-time partners of Batali bought out his stake in their restaurant empire after Batali was accused by several women of sexual misconduct.

We previously reported that Mario Batali apologized and stepped away from day-to-day business responsibilities.

As for criminal charges, Batali was never charged since police in New York closed several cases for lack of evidence.

Joe Bastianich and Tanya Bastianich Manuali said in a letter to employees, which reads as follows:

We wanted to let you all know that Mario is now fully divested from our businesses. This week, we acquired all of his interests in our restaurants.

The buyout was first reported by the New York Times which, along with Eater. The chef’s partners conceded in their letter it had been a “challenging year.”

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Carla Roberts