Fashion designer Stella McCartney took nearly £2.7m in salary from her eponymous company in the year to the end of 2020, a rise of £220,000 on the previous year, despite the business taking almost £850,000 in furlough money, says The Guardian.
Sales at Stella McCartney Ltd fell 26 percent to £28.4m during those 12 months, with the company recording a pre-tax loss of £31.4m.
French luxury-goods conglomerate LVMH, which bought a minority stake in 2019, also provided McCartney’s label with loans worth £26.3m in 2020, taking it’s total lent to the business to around £66m.
Former England footballer David Beckham could receive around £200m from the sale of a 55 percent stake in his management business, DDB Ventures, to Authentic Brands Group, which owns clothing brands Reebok and Juicy Couture, says The Mail on Sunday.
Since 2013, when his football career ended, Beckham has built up a portfolio of commercial interests, including deals with Addidas, life insurer AIA, and wtatch brand Tudor.
The company paid out £14.5m in dividends in 2019, up from £11.1m a year earlier.
Alan Sugar, host of the BBC’s The Apprentice, paid himselfa £390m dividend last year through his holding company, Amshold-“one of the biggest pay cheques ever handed to a British boss”, says the Daily Mail.
A salary of £502,000 was also paid to the highest-paid director (likely to be Sugar).
Amshold recorded a £47m pre-tax profit last year, on turnover of £79m.
Kris Paterson is a writer for WhatJobs.com