Nixon's £14m windfall from Moneysupermarket

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The Independent Online

The founder of the financial comparison website Moneysupermarket.com, Simon Nixon, is £14m wealthier today after the firm – which he stopped running in 2008 though he still owns a majority stake – paid out a special £20m dividend to shareholders on top of its interim dividend. The 3.93p per share handout was possible because of double-digit growth in revenue and profits, according to chief executive officer Peter Plumb.

"We have had a great six months," he said. The website invested heavily in technology and marketing in the six months to 30 June. It spent £2.7m improving technology and £5.2m in offline marketing, such as sponsoring the TV reality show Britain's Got Talent.

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