Money From sweet to sour: Reality TV chef Adriano Zumbo's dessert business goes into administration

08:31  02 august  2018
08:31  02 august  2018 Source:   dailymail.co.uk

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Adriano Zumbo . Adriano Zumbo is one of Australia’ s most celebrated patissiers. This country boy’ s first taste of the sweet life was raiding the lollies and cake mix from his parent’ s Coonamble supermarket.

Zumbo ' s Just Desserts is an Australian baking reality competition television program on the Seven Network. The program was developed by the creators of My Kitchen Rules.

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Australia's answer to Willy Wonka, Adriano Zumbo, has been forced to watch his empire built on sweet treats crumble into voluntary administration.

Administrators held a creditors meeting with the reality TV chef on Wednesday where it was revealed his debts could soon amass $10 million.

Zumbo, however, was reported to have $8 million worth of assets, inclusive of equipment and company-owned property, Good Food reported.

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Adriano Zumbo (born 1981) is an Australian pâtissier and chef , known for his difficult desserts on MasterChef Australia. He has been called the " sweet assassin", "Patissier of Pain"

Starring: Adriano Zumbo , Rachel Khoo. Genres: TV Shows, Food & Travel TV , Reality TV , Competition Reality TV . Australia' s best amateur dessert makers compete to impress celebrated pastry chef Adriano Zumbo in this mouthwatering series.

Adriano Zumbo.© AAP Image Adriano Zumbo. Administrators appointed to companies directed by Zumbo, made up of landlords and trade creditors, confirmed his eight Sydney and Melbourne eateries would remain open.

Zumbo built his business empire off the back of appearances on Masterchef and his own cooking show on Channel Seven, Zumbo's Just Desserts.

a close up of food: Administrators held a creditors meeting with the reality TV chef on Wednesday where it was revealed his debts could soon amass $10 million© Provided by Associated Newspapers Limited Administrators held a creditors meeting with the reality TV chef on Wednesday where it was revealed his debts could soon amass $10 million He opened Melbourne high-tea salon, Fancy Nance, in 2016, and recently faced start-up delays on $500,000 high-tech macaron-making machine.

The dessert king also recently sold his luxurious Balmain home for $1.7 million.

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Zumbo ' s Just Desserts . 109,463 likes · 1,220 talking about this. Adriano Zumbo goes in search for Australia’s sweetest home cooks. TV Show. Zumbo ' s Just Desserts shared My Kitchen Rules's video. · December 5, 2017 ·.

The winner will be going straight into the Immunity Challenge, which means he/she will not be Team Challenge. 8 ( Sweet Week). Adriano Zumbo . To compete against Shui Ishizaka, the current Young Chef of 2018, Chloe had the advantage of selecting her choice of ten ingredients to cook in 75 minutes.

The exact reason for his company's financial collapse is not known.

a box filled with different kinds of donuts: Administrators appointed to companies directed by Zumbo, made up of landlords and trade creditors, confirmed his eight Sydney and Melbourne eateries would remain open© Provided by Associated Newspapers Limited Administrators appointed to companies directed by Zumbo, made up of landlords and trade creditors, confirmed his eight Sydney and Melbourne eateries would remain open

Reports suggested an investor could be interested in bailing Zumbo out of the deep, with the anonymous identity rumoured to have eyes on his innovative products like his sweet opus, the V8 Vanilla cake and darker chocolate V8 Diesel.

Daily Mail Australia has contacted Zumbo for comment.

Zumbo made headlines in January last year after going public with his girlfriend, Nelly Riggio, who was a contestant on My Kitchen Rules.

He came under fire in May last year for allegedly ripping off his staff and treating them poorly.

The world-famous patissier was accused of withholding superannuation from his staff, not paying them their proper rates and failing to pay them for overtime.

a cake with fruit on a plate: Zumbo made headlines in January last year after going public with his girlfriend, Nelly Riggio, who was a contestant on My Kitchen Rules© Provided by Associated Newspapers Limited Zumbo made headlines in January last year after going public with his girlfriend, Nelly Riggio, who was a contestant on My Kitchen Rules

Darrell Lea expands products in turnaround triumph for once-struggling company .
One of Australia's oldest confectionery companies, Darrell Lea, is planning to expand into ice cream and muffins six years after it nearly went under. It also could be floated on the stock exchange in a few years' time. It also could be floated on the stock exchange in a few years' time.

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