The very private life of the man on Britain s biggest salary Rupert Neate Wealth correspondent
Hedge fund manager Sir Chris Hohn once made a point of telling a high court judge that he was an “unbelievable moneymaker”. This week Hohn proved his point – definitively – when it was revealed that he paid himself just shy of £1m-a-day last year.
Hohn collected $479m (£343m) in annual dividend payments from his The Children’s Investment (TCI) fund in the biggest ever personal payday in the UK after doubling profits at his Mayfair hedge fund, run from an office a couple of doors down from Louis Vuitton’s flagship store.
As well as making money and picking boardroom fights, Hohn, who was once chancellor Rishi Sunakâs boss at TCI, is one of the nationâs biggest philanthropists.
He has pumped more than £4bn into his personal childrenâs charity. And in recent years he has taken on a second cause: the climate crisis, promising to use his fundâs $30bn of investments to âforce change on companies who refuse to take their environmental emissions seriouslyâ.
Well known in the City and on Wall Street as one of the most aggressive activist investors, it came as little surprise to Hohnâs friends that he was not prepared to wait for governments to take action on climate change.
British hedge fund manager Sir Christopher Hohn pays himself record millions 9news.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 9news.com.au Daily Mail and Mail on Sunday newspapers.