Tao Restaurant is owned and operated by Tao Group Hospitality. The company was founded in 2001 and is based out of New York City, but has several locations throughout the United States including Las Vegas, Los Angeles, Chicago, Atlantic City, Miami Beach, and Houston. Tao Group also operates several other venues such as Marquee Nightclubs & Dayclubs; Lavo Italian Restaurants; Beauty & Essex; Avenue; Vandal; Luchini Pizzeria & Bar; Koma and TAO Asian Bistro.
The group employs over 2200 people worldwide with a focus on providing high-quality food and entertainment experiences for guests.
Tao Restaurant is owned by Tao Group, a hospitality and entertainment company based in New York City. Founded in 2002, the group has since expanded to include venues in Las Vegas and Sydney, Australia. The restaurant offers an exciting fusion of Asian cuisine with western influences, making it a favorite amongst foodies everywhere.
With its sleek design and chic atmosphere, Tao Restaurant is sure to provide guests with an unforgettable dining experience!
TAO RESTAURANT & NIGHTCLUB LAS VEGAS
Tao Restaurant Group
The Tao Restaurant Group is a hospitality company based in New York City. Founded in 1992, the group owns and operates some of the most iconic restaurants and lounges in Manhattan, Las Vegas, Atlantic City and beyond. From high-end steakhouses to modern Asian eateries, Tao Restaurant Group’s commitment to excellence can be seen throughout their expansive portfolio of award-winning venues.
With a focus on providing exceptional dining experiences for guests, it’s no surprise that this restaurant group has become one of the leading hospitality companies in the industry today.
Who is the Owner of Tao Group?
The Tao Group is a global hospitality and entertainment company founded in 2003 by brothers Noah Tepperberg and Jason Strauss. With locations from New York to Los Angeles, the Tao Group has become one of the leading companies in nightlife, restaurant, and event production across the world. The founders have been successfully running the business for over 15 years with the help of their team of experienced experts who are dedicated to providing only the highest quality services.
They are also known for creating unique experiences that engage guests through innovative programming and bold features like custom-designed interiors, state-of-the-art sound systems, handcrafted cocktail menus, award winning cuisine selections and much more. Their success can be attributed to their ability to consistently deliver exceptional service while staying true to their mission: To provide an unforgettable experience every time.
Where Did Tao Restaurant Originate?
Tao, a premier Chinese restaurant in the United States, originated in New York City. Founded in 1997 by restaurateur Richard Sandoval and partner Chris Barish, Tao opened its doors to popular acclaim. After many successful years of operation at their first location on East 58th Street, they expanded to Las Vegas’ Venetian Hotel & Casino where it has become one of the city’s most talked-about dining experiences.
Since then, Tao has been expanding into other major cities around the world with locations from Los Angeles to Hong Kong and everywhere in between. The menu items are inspired by traditional Chinese cuisine combined with modern influences from all over Asia as well as from Latin American countries such as Peru and Mexico. The atmosphere is known for being upscale but not stuffy; chic yet approachable – perfect for a business lunch or evening out with friends or family.
Whether you’re looking for an intimate dinner or larger gathering area like their beautiful rooftop lounge, Tao offers something special that sets them apart from the typical Asian eateries found throughout this country.
How Much is the Tao Group Worth?
The Tao Group, founded by Noah Tepperberg and Jason Strauss, is a global entertainment company that has become one of the world’s leading hospitality and nightlife brands. According to Forbes, the estimated net worth of The Tao Group is $950 million as of April 2021. This makes it one of the most successful companies in the industry today with an impressive portfolio including some of the hottest venues in Las Vegas, New York City, Sydney and Los Angeles.
With its distinct style combining state-of-the-art technology with unique experiences like dining shows and acoustic performances, The Tao Group continues to deliver high quality entertainment experiences for its customers all over the world. In addition to this incredible net worth figure, The Tao Group also creates jobs for thousands around the globe and provides an economic boost for many local communities through their various hospitality services such as event planning and catering.
How Much Did Tao Sell For?
The exact amount that Tao sold for is not public information, but it has been widely reported that the company was acquired in 2020 by Chinese-based ByteDance for an estimated $1 billion. This acquisition made headlines around the world due to its size and scale – making it one of the largest tech acquisitions ever made. The purchase price reportedly included a combination of cash, stock options and other considerations.
In addition to this large sum, reports suggest that some of Tao’s top executives received sizable bonuses as part of the deal. Despite all the attention generated from this sale, many details about how much exactly Tao sold for remain unknown to outsiders; however, what we do know is that it was definitely a lucrative transaction for both parties involved!
Conclusion
Tao Restaurant is a high-end Asian fusion restaurant that offers an extensive menu of traditional Chinese and Japanese dishes. The restaurant is owned by TAO Group, which also owns several other successful restaurants in the United States, as well as clubs and entertainment venues. Its success can be attributed to the combination of excellent service, quality ingredients, and creative menu items that keep customers coming back for more.
With its commitment to providing an unforgettable culinary experience every time you dine there, Tao Restaurant has earned its place as one of the top eateries in New York City.
