Kobir Ahmed - director of Johnny Banqueting Ltd which operates the city's Johnny Spice eatery in Queen Street - was caught on CCTV flytipping in 2016.
He admitted ditching eight bags of household waste, cardboard and a piece of wood in Shaw Road, next to the tip, when he appeared at Wolverhampton Magistrates' Court on Thursday.
Wolverhampton Council cabinet member, Councillor Steve Evans, said: “Fly-tipping is a lazy and selfish act, which costs taxpayers a lot of money to clean-up.
“In this case, rubbish has been deliberately dumped and within an eye shot of the Shaw Road tip which is nothing but pure laziness.
“I believe Mr Ahmed thought he had got away with it – but we have caught up with him."
Ahmed, aged 45, of Queen Street, Wolverhampton, admitted his offending when he was brought to the court on a separate matter.
He was handed a four-week prison sentence, suspended for 12 months, and a one-month electronic curfew between 7pm and 6am.
He was also ordered to pay £890 costs, a £60 victim surcharge.
Councillor Evans added: “As a council, we make it our priority to keep our city clean and tidy and will not tolerate this behaviour.
“I am pleased with the result and the hard work has been carried out by our Public Protection team that has bought the offender to justice.
“I strongly encourage anyone who may know of others who take part in this selfish act, to get in touch and help us put a stop to fly tipping.”