Martin Lewis

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  • wavelets
    wavelets Posts: 1,164 Forumite
    Combo Breaker First Post
    edited 15 February 2019 at 9:56PM
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    islandman wrote: »
    You may not appear within this forum of yours so often Martin, but I'm sure many of us still think of you as watching over us, but I would like to say, how sad it was to read of your personal health problem.

    There will be many who share my concern I'm sure.

    For heavens sake, however frustrating it is, do be guided by your medical team.

    Ideally it may well be a shortlived problem.

    It's not Martin's, and hasn't been since 2012 when he sold it for an estimated £87m
    https://www.bbc.co.uk/news/business-18295587

    Actually he's made a lot more out of it than that.
    The original sale which saw him receive an immediate £60m included 22.1m shares (worth £25m at the time) in new owner, moneysupermarket.com.
    To be fair, he immediately gave 4.75m of those shares to the Charities Aid Foundation., leaving him with 17.35m

    But 3 years later, he sold about half his holding for £25.2m, leaving him with 8.35m shares, representing just a 1.5% holding in moneysupermarket.com
    The charity also sold the bulk of it's holding for £12m
    https://www.theguardian.com/business/2015/jul/31/saving-expert-martin-lewis-sells-25m-moneysupermarket-shares

    Martin now concentrates his efforts on his TV & radio career.
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