Posted on 03.07.08 9:44AM under Artist, Jimmy Buffet
Jimmy Buffet was announced as the 7th richest rock star of 2006 by the Rolling stone magazine. His gross earning for the year 2006 was $56 million that came from his annual musical tour, chain of restaurants, stores and other ventures like Satellite Radio. Buffet is earning a good amount as royalty for the records released by his recording company Mailboat Records. Buffet has collectively named his business ventures as Margaritaville Holdings and the headquarters is presently located at Palm Beach, Florida. Margaretville cafes and stores is a chain of restaurants opened by Jimmy in 1987. Now, the chain has 16 branches and three more branches are coming up within next year.
Another restaurant chain co- owned by Buffet is Cheeseburger in Paradise. The first one was opened in Indianapolis in 2002 and now the chain of restaurants has sprung up in about 40 locations across 18 states in the United States. Another business of Jimmy Buffett is the internet radio station called Radio Margaritaville which started its service in 1999 and is also broadcast as a satellite radio channel on the Sirius network on channel 31. Margaritaville Casino Resort is the latest business venture of Jimmy Buffett that has commenced its work last year and will be ready by the spring of 2010.
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