The oil giant Vitol Group distributes record $10.6 billion dividends to its traders.
Last year, the aftermath of the energy crisis continued to bring huge wealth to global commodity traders, as Vido Group distributed a record $10.6 billion in dividends to its executives and senior employees through stock repurchases. According to audited annual accounts, the company has distributed over $31 billion in dividends to its partners over the past decade, and its net profit of $8.7 billion for the year exceeded the total profits of its four major competitors. As of June this year, Vido Group has spent an additional $1.7 billion on stock repurchases by 2025 and reinvested some profits in assets such as oil wells, refineries, and renewable energy sources.
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