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Evening Standard

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Simon Hunt

Lastminute.com founder Martha Lane Fox set to pocket over $2 million as Musk U-turns on buying Twitter

Lane Fox Twitter Inc. Martha Lane Fox Elon Musk Parag Agrawal Lastminutecom

Martha Lane Fox
(Picture: Getty)

Lastminute.com founder Martha Lane Fox is set to pocket more than $2 million from the sale of Twitter to Elon Musk.

Lane Fox, who sits as a crossbench peer in the House of Lords, holds 34,000 Twitter shares and 4500 restricted stock units, according to the firm’s most recent proxy statement. She stands to make $2.1 million (£1.8 million) if shares are sold at $54.20 each per the terms of billionaire Musk’s takeover offer.

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