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Who owns Chippendales today?

WELCOME to Chippendales, a dark story behind the famous all-male strip club that started in Los Angeles, premiered on Hulu on November 22, 2022.

Chippendales rose to fame with its all-male strip shows and continues to be a popular performance throughout the world.

The Chippendales dancers perform at the Rio Hotel & Casino on June 14, 2014
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The Chippendales dancers perform at the Rio Hotel & Casino on June 14, 2014Credit: Getty Images

Who owns Chippendales now?

The iconic Los Angeles club was started by Indian entrepreneur Somen 'Steve' Banerjee.

With the immense success of the club, Chippendales spread to multiple locations throughout the US.

It even has its own theater at the Rio All-Suite Hotel & Casino in Las Vegas.

With Banerjee's death in 1994, record producer Lou Pearlman bought the Chippendales band.

Read More on Chippendales

Pearlman unfortunately also went to prison for fraud and died during his time in jail on August 19, 2016.

With Pearlman's death, Chippendales has been purchased by Kevin Denberg and other New York investors.

"Kevin Denberg and several other investors purchase the Chippendales and begin a new model for the sexiest live show in the world," reads the website.

"Denberg and his team reinvigorate the brand and the industry. Their changes garner the attention of the women of Generation Y.

"Chippendales proves their ability to adapt to the changing wants of their female audience. The titillation is about to take on the new millennium."

What happened to the Chippendales owners?

Steve Banerjee, the original owner and creator of Chippendales, bought and reformed the club in the late 70s.

It rose to immense success and the club eventually became a brand and dance group of its own.

The Chippendales eventually spread across the US and Europe, before things went downhill in the 90s.

In 1993, Banerjee was in prison awaiting trials for various offenses such as murder and racketeering.

Banerjee was found dead in his cell on October 23, 1994, after hanging himself.

What is a Chippendales dancer?

Chippendales, deriving from Chippendales-style furniture that was in the club, is a dance group famous for its all-male striptease performances.

Chippendales guided the form of stripping as a media entertainment and performs in more than 25 cities across the nation.

They also tour across the world, including Europe, Asia, South Africa, and Central and South America.

Read More on The US Sun

Read More on The US Sun

Steve's son, Christian Banerjee, also created his own brand called Strippendales in Huntington Beach, California.

The website reads: "Whether you’re planning a bachelorette party, paint & sip night, birthday party, or just a ladies’ night out… we have you covered! Honestly, do you even need to have a reason?"

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