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What is Peter Thomas' net worth? 'RHOA' star Cynthia Bailey's ex faces eviction after being accused of not paying employees

An employee from Peter Thomas' restaurant Bar One had previously revealed that he failed to pay workers in order to settle debts with the IRS

GEORGIA, ATLANTA: In 2022, Peter Thomas found himself in the middle of serious drama while appearing on 'The Real Housewives of Potomac'. However, this wasn't his first time facing issues on reality TV. Some viewers might remember him due to his past relationship with Cynthia Bailey on 'The Real Housewives of Atlanta'.

Moving forward to 2023, the 62-year-old American entrepreneur is facing a lawsuit for eviction related to his Miami restaurant called Bar One. The lawsuit was filed by Bentley Bay Retail LLC, and it's not the first legal trouble he's encountered concerning his restaurants. With all these lawsuits and controversies surrounding his business ventures, many are curious about Peter's net worth. So let's take a look into it. 

Peter Thomas' early life and education

Thomas, a restaurateur and entrepreneur, gained fame through his role alongside Cynthia Bailey on the popular Bravo reality series 'The Real Housewives of Atlanta'. Hailing from the beautiful island of Jamaica, Thomas has an intriguing family background. His father, known as Thadeus Thomas or Tommy, ran a bar on 12 Gordon Town Road during the early '70s. It was in this bar that Thomas spent time and honed his business acumen. His mother Eugene Thomas, lovingly called Miss Cherry, remains a bit of a mystery as Thomas prefers to keep his childhood life private, making it challenging to uncover many details about his past.

Peter Thomas' career

Thomas kicked off his career in the hip-hop industry in the '90s, where he thrived as a music PR and artist manager. Through his efforts, renowned names like Dr. Dre and Snoop Dogg found their way to the UK music scene. Alongside these accomplishments, he organized numerous events and concerts throughout the decade, establishing himself as a key player in the entertainment world.

During this time, fate placed Thomas at a significant moment in history when he became one of the last individuals to see the legendary Notorious B.I.G. alive, just before the rapper's tragic murder in 1997. This experience, coupled with years of business management expertise, inspired him to venture into entrepreneurship. Thomas began with a single restaurant, but he later expanded, creating a chain of restaurants in various locations. Today, he owns and operates several successful restaurants and high-end bars, although they are wrapped in controversies and lawsuits. 

What is Peter Thomas' net worth?

As reported by The Richest, Peter's current net worth stands at $3 million, which he earned through his successful career as an entrepreneur and restaurateur. Additionally, he owns a few upscale bars and restaurants that have contributed to his financial success.

Why is Peter Thomas facing an eviction notice?

Thomas made a court appearance to address the potential eviction of his Miami restaurant, Bar One, over alleged unpaid rent, as reported by RadarOnline.com. According to court documents obtained by the same source, Thomas responded to the lawsuit filed by Bar One's landlord, Bentley Bay Retail. The company claimed that they had a lease agreement dating back to 2018, a year before Bar One opened, and alleged that Thomas owed them a substantial sum of $442,000, covering rent, utility charges, sales taxes, and other outstanding costs from July 2022 to March 2023. Bentley Bay further stated that the checks provided by Thomas for payment were returned due to insufficient funds.

Coincidentally, just a few weeks prior, an employee from Bar One revealed that he failed to pay workers in order to settle debts with the Internal Revenue Service (IRS). The Shade Room reported that multiple employees came forward with similar claims, stating they had not received their full payments on time. Both the head chef and the manager of the eatery accused Thomas of non-payment, noting that whenever they attempted to cash their checks, they bounced back due to insufficient funds in the account.