Hedge Fund Boss Pays Himself £200m Despite Fund’s Profits Falling

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  1. dealmaker

    dealmaker

    Hedge Fund Boss Pays Himself £200m Despite Fund’s Profits Falling (The Guardian)
    The billionaire hedge fund manager Sir Chris Hohn paid himself £200m last year, slightly more than his Children’s Investment (TCI) fund made in profit. Hohn, the son of a Jamaican car mechanic who emigrated to Britain in the 1960s, collected $261m (£200m) in dividend payments in 2018 from the activist hedge fund he set up in 2003, according to filings at Companies House on Wednesday. Hohn is the sole shareholder.