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Billionaire hedge fund manager Sir Chris Hohn takes a £55m pay cut



Billionaire hedge fund manager Sir Chris Hohn takes a £55m pay cut after pocketing a £270m dividend the previous year

By City & Finance Reporter for the Daily Mail

Published: 16:13 EST, 9 December 2018 | Updated: 16:16 EST, 9 December 2018

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Billionaire  fund manager Sir Chris Hohn
Billionaire  fund manager Sir Chris Hohn

Billionaire fund manager Sir Chris Hohn

Billionaire hedge fund manager Sir Chris Hohn has taken a 20 per cent pay cut – to £215 million.

He pocketed the dividend after profits at The Children’s Investment Fund surged 30 per cent to £278 million in the year to the end of February.

Hohn paid himself a dividend of £270 million the previous year.

The 52-year-old is one of Britain’s most prolific philanthropists and was knighted four years ago. 

He was at the centre of a boardroom battle at the London Stock Exchange in 2017, leading a revolt against chairman Donald Brydon after chief executive Xavier Rolet was ousted.

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