Published 18:06 IST, April 18th 2020

Anna Wintour to get 20% cut in her million dollars annual salary due to COVID-19 pandemic

Anna Wintour, Vogue US artistic director popular for her unique hairstyle and oversized shades will receive a 20% pay cut in her annual million dollars salary.

Reported by: Aishwarya Rai
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Popular American celeb Anna Wintour is recently making helines for her magnanimous net worth and salary. Reportedly  editor-in-chief/ artistic director of Vogue US is set to get a 20% cut from her two million dollars annual pay. This decision is taken to overcome financial crisis, due to unprecedented coronavirus pandemic situation.

Source: Anna Wintour Instagram 

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Anna Wintour to get a 20% deduction in Salary, kw why

Anna Wintour is counted amongst richest people in  Fashion Industry on a global level. She has been a part of Vogue since 1988 and is a major contributor to company's impeccable success. Well as per reports, Anna Wintour's annual salary is somewhere above 2 million US dollars. 

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Source: Anna Wintour Instagram 

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w, with ecomy of US also affected in wake of coronavirus pandemic, all employees in of Vogue United States who come in  bracket of  $10K salary will get pay cut by a whopping 20%. This list also includes Anna Wintour's name. Hence Vogue's artistic director will witness a pay cut of 20% from her salary. news about Anna Wintour's surreal net worth and salary broke in year 2005, and it was reported that 15 years earlier she earned $2 million per year. We are certain that w her annual pay is way more than that. As per a leing daily, Anna Wintour's net worth in 2019 was $35 million.  

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Apart from Anna Wintour,  entire board of directors Vogue US will also experience pay cuts in ir respective take-home salaries by 20% for 2020. In fact, Roger Lynch, company CEO, in an official anuncement, also stated that he will take only 50% of his full salary from May onwards for 2020. Reportedly, step is taken by manment board to overcome losses suffered and ensure smooth functioning of firm henceforth. 

 

18:06 IST, April 18th 2020