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Networth and Chill with Your Rich BFF

The Financial Recipe for Restaurant Success with Mario Carbone

Networth and Chill with Your Rich BFF

Vivian Tu

News, Business, Careers, Business News, Entrepreneurship

4.41.6K Ratings

🗓️ 28 May 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

On this episode of Networth and Chill, Vivian sits down with renowned chef and restaurateur Mario Carbone to explore the financial recipe behind building a culinary empire. Learn how Mario transformed his passion for Italian-American cuisine into multiple successful restaurant ventures, including the acclaimed Carbone brand that has redefined fine dining across major cities. Mario shares the financial strategies that helped him navigate the notoriously challenging restaurant industry. Whether you're an aspiring entrepreneur or simply curious about the business side of the food world, this episode reveals how culinary vision combined with smart financial planning can create lasting wealth.  Follow the podcast on Instagram and TikTok! Got a financial question you want answered in a future episode? Email us at [email protected] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Rich and I met the very first day of culinary school. There was a financial crisis of 2008.

0:05.0

We were like, listen, if either one of us wants to be an entrepreneur right now, we pool our resources together.

0:11.0

His family had a little bit of money saved and my family had a little bit of money saved.

0:15.0

A nerve-wracking amount, like all of it. We're a couple of kids that have no proven track record.

0:19.0

I remember a few landlords taking less money from somebody else to not take a chance on us.

0:24.6

Finally, one day he called me and he's like, I'm standing in front of it.

0:27.6

And I was like, where are you?

0:28.6

He's like, I'm on Mulberry imprint.

0:30.6

I was like, the most bastardized Italian-American street possible.

0:34.6

That's where you want to make this break.

0:35.6

We're going to fail.

0:57.0

What's up, Rich Friends? Welcome back to another episode of Net Worth and Chill with me, your host, Vivian 2, aka Your Rich BFF and your favorite Wall Street Gurley. And there is nothing I love more in this world than food. Eating, a good meal out.

0:59.0

And a lot of that stemmed from a weekly tradition with my husband.

1:04.0

When we first started dating each other, we were also just beginning our love affair with New York City.

1:09.0

And every single weekend, we'd pick a

1:12.0

spot in a new neighborhood, we'd never explored before, we'd walk around, we'd get to know

1:16.6

each other, and share a delicious meal. And over time, we developed a few favorite spots,

1:22.8

places that would become, you know, our friends' favorites, And also, growing up, a good meal out was always a way to reward great work or a celebratory moment.

1:34.3

But now that I have my own money, sometimes just making it to Friday is reason for celebration.

1:41.3

As a Miami and New York City girlie, there is no staple

1:45.7

bougie restaurant more iconic than carbone. I can literally taste the cheese and

1:52.9

meats that I get before all of my food shows up right now. I'm starting to

...

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