Terry Smith pockets £8m as Fundsmith profits soar
For 12 months to March 2017
Terry Smith
Well-known fund manager Terry Smith took home £8.1m during the 12 months to March 2017, as his company Fundsmith reported profits jumped to £14.2m over the period, according to new figures published this week.
According to accounts on Companies House, Fundsmith's profits for the year soared from £2.8m reported for the previous 12-month period. Turnover almost doubled from £41.6m to £81.7m compared to the...
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