Music mogul Simon Cowell did not give himself a single penny due to a fall in profits in 2022.
The creator of X Factor and Britain’s Got Talent, 63, saw profits of Syco Holdings Ltd drop from £31.88 million in 2021 to £2.27 million and it came at a cost as 19 members of staff lost their jobs.
Despite the slump in profits, the company's value still increased by £4m to £83.16m so you do not need to work about his financial situation just yet. In 2021, a dividend of £45.35m was paid out of the accounts proving that he could afford to go through the year without a salary.
