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Robert De Niro’s London Nobu Restaurant Took Coronavirus Relief Program Loans
breitbart ^ | 15 Feb 2021 | WARNER TODD HUSTON

Posted on 02/16/2021 8:06:12 AM PST by MarvinStinson

Despite being worth an estimated $500 million, actor Robert De Niro took coronavirus money from the government to pay for expenses at his various restaurants across the globe, including his London-based luxury restaurant Nobu.

The Daily Mail reported on De Niro’s expensive London eatery, Nobu, to which celebrities flock when they are in the U.K.’s capital city. According to the paper, the 77-year-old star took enough government relief money to cover 80 percent of the high-end restaurant’s operating costs.

The government report notes: “The restaurant has been closed since March 21, 2020, as a result of the Covid-19 pandemic in the U.K., and reopened on May 6, 2020, to operate in providing a limited restaurant service that can be operated by the company under the recommended health and safety guidelines imposed during the Covid-19 pandemic.”

Nobu told the government that it expected “a significant decrease in profitability due to materially reduced revenues in 2020.”

John O’Connell, the CEO of the watchdog group Taxpayers’ Alliance, reminded readers that the relief money, while helpful to struggling companies, “ultimately comes from taxpayers, and support should only be sought if it’s really needed.”

In light of how much Nobu’s owner is worth, critics, like O’Connell, question why taxpayers should have to step in to pay his employees when it seems likely that De Niro could easily afford the costs out of pocket.

De Niro was also reported as having accepted 14 loans totaling upwards to $28 million in coronavirus relief funding from the Trump administration’s Paycheck Protection Program (PPP). De Niro was recently reported as lamenting the need to slash his spending. It was also reported that he cut ex-wife Grace Hightower’s American Express limit from $100,000 to $50,000 a month.

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Culture/Society
KEYWORDS: crook; deniro
De Niro was also reported as having accepted 14 loans totaling upwards to $28 million in coronavirus relief funding from the Trump administration’s Paycheck Protection Program (PPP).
1 posted on 02/16/2021 8:06:12 AM PST by MarvinStinson
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To: MarvinStinson

2 posted on 02/16/2021 8:06:55 AM PST by MarvinStinson
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To: MarvinStinson



3 posted on 02/16/2021 8:08:59 AM PST by z3n
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To: MarvinStinson

4 posted on 02/16/2021 8:09:04 AM PST by MarvinStinson
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To: z3n


5 posted on 02/16/2021 8:13:30 AM PST by MarvinStinson
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To: MarvinStinson

6 posted on 02/16/2021 8:15:20 AM PST by MarvinStinson
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To: MarvinStinson

Cheapskate bassturd.....................


7 posted on 02/16/2021 8:19:37 AM PST by Red Badger (SLEAZIN' is the REASON for the TREASON .................................)
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To: MarvinStinson

Dinero is a very small man in more ways than height. And such a hypocrite.


8 posted on 02/16/2021 8:19:58 AM PST by falcon99 (qu)
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To: MarvinStinson

Those shoes are just pitiful aren’t they?


9 posted on 02/16/2021 8:20:34 AM PST by Califreak (2020-The Year of the Potemkin Election)
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To: MarvinStinson

Cue the Munster’s theme.


10 posted on 02/16/2021 8:21:12 AM PST by Vaquero ( Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you. )
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To: Red Badger

Were ANY PPP funds intended for foreign usage????


11 posted on 02/16/2021 11:37:40 AM PST by ridesthemiles ( )
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