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).

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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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