Sir Chris Hohn: the man who earned £1 million a day

The hedge fund manager paid himself Britain’s biggest salary in 2020: a staggering £343 million. But does he embody the banker’s bonus run wild, or something more?

In 2020, a year when many were feeling the sting of the global Covid pandemic and scrimping by on furlough, Sir Chris Hohn, a hedge fund manager, paid himself a daily salary 9,000 times greater than the average UK salary and 1,700 times greater than Boris Johnson’s yearly wage packet.

While Johnson did little to deserve a Christmas bonus, Hohn’s earnings are on another level entirely. At £940,000 per day, the hedge fund manager’s pay packet was stratospheric. Otherworldly. The thing of fantasy.

Hohn’s total £343m payday is believed to be the largest annual amount ever paid to a single person in Britain and comes after his Children’s Investment fund (TCI) recorded a 66% jump in profit during the previous fiscal year.

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