£50m windfall at The White Company
Figures show founder of The White Company and her husband took in £50 million in dividends last year
Cashing in: Chrissie Rucker
The founder of The White Company and her husband took in £50 million in dividends last year, the figures showed.
Chrissie Rucker benefited from the company’s recent success after the home furnishings and fashion chain’s profits rose 6 percent to £33 million.
The British businesswoman received an estimated £25 million of the record dividend in 2022. A further £5.1 million was handed over to the highest paid director in pay and benefits.
Rucker’s husband Nicholas Wheeler – the man behind shirtmaker Charles Tyrwhitt – also got £25 million from the dividend.
The White Company posted a turnover of £276 million last year. Rucker, 55, has expanded the business to about 50 stores since it launched in 1994 as a 12-page mail-order catalog.
The dividend of £50 million from The White Company, included in the company’s latest filings with Companies House, was paid to Bectin Limited, a company wholly owned by Rucker and Wheeler.