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Who is Susi Cahn?
Susi Cahn was born in the United States of America, and is a businesswoman, but perhaps best known for being the wife of chef television personality chef Mario Batali, who is recognized from being featured in “Iron Chef America”, which aired on the Food Network channel.
The Net Worth of Susi Cahn
How rich is Susi Cahn? As of late-2018, sources estimate a net worth that is over $1 million, earned through success in business. Her wealth has also been elevated thanks to the success of her husband, who has a net worth estimated at $13 million. As she continues her endeavors, it is expected that her wealth will also continue to increase.
Susi was born into a family of mixed ethnicity as she is of Russian Jewish descent through her father, and Hungarian through her mother. Her parents were both founders of the luxury fashion brand Coach, Inc., a company which would turn into a large multi-million dollar empire. Her parents joined the company in the 1940s, and would then become the owners after more than a decade, using a leveraged buyout to gain control. The company proved very successful and started to earn millions of dollars under their care before they eventually sold it to the Sara Lee Corporation for $30 million.
While little is known about the childhood and education of Susi, later on she would develop a similar business perspective as her parents, and established Coach Dairy Goat Farm which became a supplier of dairy for numerous restaurants around the country. When she became associated with her husband Batali, the company became the main supplier of all of his restaurants around the country. With the accumulated wealth of her parents and the success of her own business, her net worth increased significantly.
Husband – Mario Batali
Some of the locations of his restaurants include New York City, Westport, New Haven, Boston, Los Angeles, and Las Vegas. One of his restaurants has a Michelin star, and he co-hosted the show entitled “The Chew” for several years. He is a critic of the natural gas extraction method commonly known as fracking, and is a part of the Chefs for the Marcellus which aims to protect New York from the effects of that kind of extraction.
In 1992, Cahn and Batali met at a food event which would be the precursor to a long relationship. After two years of being together, the two married on a beach in the Caribbean, but their reception was held six months afterwards to accommodate more people, with the reception including mariachi as well as zydeco bands. Buckets of ice cream sandwiches were also served as opposed to a wedding cake, which featured during the wedding six months earlier. They now have two children and have been together for over 23 years.
They also own numerous properties aside from their businesses, with a permanent residence located in Greenwich Village, Manhattan, New York City. They also have a summer home located in Northport, Michigan at Traverse Bay.
In 2017, a restaurant news website called “Eater” released an article stating that four women have come forward accusing Mario of sexual misconduct and harassment. After the article was released, more women started coming forward, and the issue led to him taking a leave of absence from his management duties. He was also asked to temporarily step aside from “The Chew” as he tackles the issue. However, he was soon removed from the show with the co-hosts announcing that the misconduct issue was the reason for his removal.
The allegations also caused his show “Molto Mario” to withhold production while the company Target started to remove his signature products from their stores. More sexual allegations would come forward through the show “60 Minutes”, and the number of issues have caused the New York Police Department to look into the accusations. While Batali has admitted to what some would call inappropriate behavior, he has denied the allegations of harassment, and says that he is remorseful for his past actions, apologizing to all to whom he has caused offence. Three of his restaurants in Las Vegas have now closed with the Las Vegas Sands Corporation ending its association with him. The issue has also apparently affected his marriage, though no public statements have been made by Cahn regarding their relationship.