Simon Cowell did not pay himself any wages at the end of 2020 after his company lost profits of almost £30million, it has emerged.The 61 year old's former entertainment company SimCo Ltd, from which he stepped down from in September, reported profits of £5.8million between October 2019 and March 2020.This is down almost £30million from the six months beforehand, when the company behind Britain's Got Talent and The X Factor made £34.6million.
Paperwork filed at Companies House for the music mogul's company shows that neither Simon nor SimCo's new directors William Rowe and Michael Smith pocketed from it's tough year.
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