British boss earns bonus of £828 million in 2020

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Mathew Moulding CEO of THG
Mathew Moulding CEO of THG Credit: THG

MATT MOULDING CEO of the Hut Group (THG) an e-commerce company which operates over 100 international websites selling fast-moving consumer goods and its own brand of beauty products has just received a bonus.

It was based on share performance which had to reach a certain level over 15 days and having achieved this, he has been granted shares in the company valued at around £828 million (€983 million).

He set the company up in 2004 with an initial investment of £500,000 (€550,000) and this year he is one of the best paid bosses in the world whilst other companies go bust.

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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.

Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.

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