With Billionaire and Twiga, Briatore aims for one hundred million in revenues – Corriere.it

In 2023 the company of Flavio Briatore and Francesco Costa (with 50% each) confirms the development path with an estimated total revenue of 100 million. Already present in six countries with 20 restaurants in Europe, the United Kingdom and the Middle East and 1,100 employees, the group starting this summer will also see the Billionaire brand in the Principality of Monaco. The Majestas group, owner of the Billionaire, Twiga and Crazy Pizza brands, as well as licensee with Cipriani Monte Carlo, Cova Monte Carlo and Cova Doha, of the two Cipriani and Cova brands, saw a recovery in 2022 with total revenues of 80 million euros and an EBITDA of 25%.

In 2023 the company of Flavio Briatore and Francesco Costa (with 50% each) confirms the development path with an estimate of total revenues of 100 million. Already present in six countries with 20 restaurants in Europe, the United Kingdom and the Middle East and 1,100 employees, the group starting this summer will also see the Billionaire brand in the Principality of Monaco, the result of a partnership with the Monegasque Socit des Bains de Mer .

Our brands Billionaire and Twiga, born over twenty years ago, together with Crazy Pizza born in 2019, continue to represent innovative concepts never seen before in the panorama of luxury dining and entertainment. Thanks also to the acquisition of the prestigious licensed brands, Cipriani and Cova Montenapoleone, we have strengthened ourselves and today we can affirm that Majestas is one of the first groups in the world in this sector, the only one of Italian origin, among the many international ones, comments Briatore and adds that Now we want to continue with this development in a particularly happy phase for the sector, evaluating new international partnership operations.