terminal7 wrote:Not sure who you are quoting
BBC News website.
Are you saying Lady Green was not the recipient of this tax free payment? Or that payment was not made? Or that the scale quoted is inaccurate?
T7
None of the above.
That dividend didn't create the (majority of the) wealth. It merely transferred it. Before the payment they owned a large stake in a company, after the dividend they owned a large stake in a company that was worth approx. £1.2bn less than before.
Consider selling your house with the proceeds paid as cash into your current account. Your wealth pre and post the house sale aren't radically different. Someone (from the BBC perhaps) making a report suggesting you are now "rich" because you have lots of cash, isn't really describing the situation. It happens all the time and just shows the poor reporting of business/finance stories in the media (even in the business ones where they should know much better).
Now all sorts of allegations can be made against him, and the type of person he was/is (not hugely pleasant for those that actually met him will attest), but mostly what is reported about him, and his wrongdoings aren't actually that accurate.
My crossing of paths with him was short, somewhat remote, being through an intermediary, but he was hugely successful at what he did, and didn't care particularly if he ruffled some feathers on the way to that success.