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Poor Jim Mellon - Master Investor blows another half a million, accounts just out

By Tom Winnifrith | Wednesday 6 October 2021


 


You may remember that Rivington Street had the chance to dramaticaly improve its finances by selling the t1ps businesses, including Master Investor, to Nigel Wray for half a million quid back in 2012. A deal was signed and agreed and then poor Jim Mellon was persuaded that this busines,s which had always been profitable with me in charge, would be so much more profitable if left in the hands of Richard “Gollum” Gill and a clown called Mark Robertson rather than useless old TW.  Sadly for Jim he believed Gollum et al.  It started losing cash at once and that dragged Rivinton over the edge. Nine years later we have the latest accounts for what is now the Master Investor Group which is wholly owned by Jim. Ouch.

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