BRITAIN’S second biggest lottery winners are launching their own investment fund.
Joe and Jess Thwaite won a £184million Euromillions jackpot in 2022.
SplashBritain’s second biggest lottery winners Joe and and Jess Thwaite are launching their own investment fund[/caption]
Now they are investing some of their wealth in a business they hope will make them even richer.
They have founded a company called Issodola, a combination of the first two letters of their children’s names.
It will invest clients’ money in stocks and other securities and will be run by wealth managers Evelyn Partners, which looks after PM Rishi Sunak’s tax returns.
A prospectus by Evelyn Partners warns: “Investors should only consider investing in the Company if they understand the risks involved including the risk of losing all capital invested.
“Investors should be seeking no capital guarantee and be able to bear losses up to their full investment.”
“The company seeks to provide capital growth over the long term (at least 5 years).”
Issodola has Joe, 50, and Jess, 46, from Gloucester, as its sole directors.
Investors must put down an initial £500,000 and stump up annual fees of £46,000.
Their jackpot was trumped by a £195million UK win months later.