Shamed ad boss Sor­rell takes £39m hit

Daily Mail - - News -

DIS­GRACED ad­ver­tis­ing boss Sir Martin Sor­rell had £39mil­lion wiped from his for­tune after he was forced out of the firm he ran for 32 years.

He was paid £200mil­lion be­tween 2010 and 2016 but faced al­le­ga­tions of per­sonal mis­con­duct and the im­proper use of com­pany funds when he re­signed from WPP last month. Sir Martin, 73, saw his

wealth drop from £495mil­lion to £456mil­lion, tak­ing him from 258th to 285th.

Last week at a con­fer­ence in New York, Sir Martin pledged to start over again fol­low­ing his oust­ing and in­sisted he has no in­ten­tion of re­tir­ing. He said he is ‘go­ing to start again’, adding: ‘I’m not go­ing into vol­un­tary or in­vol­un­tary re­tire­ment.’

Quit: Sir Martin and wife Cris­tiana

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