Clive's Top Earner Gets $60 Million

May 15 2012 | 1:20pm ET

Clive Capital's highest paid employee had to do with less than half as much in compensation last year, as the firm's profit also fell by roughly half.

That employee—presumably founder Christian Levett, although Clive did not identify him in the Companies House filing today—took home US$60.8 million in the 12 months to the end of February. In the prior 11 months, the employee earned US$135 million.

All told, Levett and Clive's other directors, Richard Boland and Elizabeth Holstein, were paid US$82.5 million in the year to February. The three received US$168 million in the 11 months prior.

Clive's profits dropped from US$167.5 million to $79.5 million in the period, which included last May, when Clive lost some US$400 million on bad oil bets.


In Depth

Bob Doll's Ten Market Predictions For 2016

Jan 7 2016 | 9:37pm ET

Well-known market strategist Robert Doll has published his annual list of ten predictions...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedge Fund Marketing - Making the Most of Your Salesperson

Jan 20 2016 | 8:11pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth takes a close...