Jersey-based play.com is a market leader in online Vat-free DVD sales in the UK. The company is run and largely owned by Goulding and Simon Perrée (qv). It is worth £400m. Sunday Times Rich List valued the stakes held by Goulding and Perrée at £160m each.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2011 |
Sale of Asset |
Sale of Play.com, the pioneering exploiter of a VAT loophole that made it one of the UK’s largest online retailers, to Japanese internet services company Rakuten |
$31,660,000 |