During a regular West Hollywood city council meeting on Monday, August 21, 2023, Mayor Pro Tempore John Erickson assessed that La Boheme’s parent company, Global Dining, Inc is worth $3o billion dollars, to point out that the restaurant located at 8400 Santa Monica was not a small business after La Boheme’s CEO Lucian Tudor stated that he had to let his busboys go due to the $19.08 minimum wage, but the real value is actually $31 million.
“Ultimately, La Boheme is owned by Global Dining Group, which is worth 4.4 billion yen based in Japan, which is $30 billion in United States currency,” said Mayor Pro Tem Erickson. “It’s owned by a global dining corporation, and they let 20 buspeople go.”
In an open letter to the press on Friday, Lucian asked that the Mayor Pro Tem correct the Public Record of the August 21st meeting that La Boheme’s Parent Company was worth 30 billion. “The sound bites came from Japanese Stock Exchange,” he said. “Unfortunately, they were not accurate. When converted from Yen, the real value was not 30B but 31M dollars. Again, we ask the Public Record to be corrected.”
Mayor Pro Tem Erickson apologized via an email today, which he shared on his social media platforms. He said he would correct the record that Global Dining, Inc is worth $31 million dollars. “At our August 21 Council Meeting, after 11pm, during our comments, I incorrectly stated that the worth of Global Dining Inc (which owns @labohemeweho) is worth $30 billion vs it’s actual worth of $30 million…I was busy converting Japanese Yen to USD at a late hour when my eyes were very tired,” he said. “I apologize for this oversight and again will correct the record that the correct # is $31 million. All the best, John.”
Lucian Tudor responded: “Hi John, Thank you for your response. I understand and I hope we’ll have a chance in a near future to discuss our challenges with you and come up with creative solutions. Regards, Lucian.”
Mayor Pro Tem Erickson added in his tweet that accountability is important. “While the local blogosphere’s sensationalism of this makes me question people’s actual priorities, it’s nice to see we can work together for our business & workers.”