One of Finland’s richest men, Anders Wiklöf, was fined €121,000 for driving 50mph in a 30mph zone.
He was also given a 10-day driving license suspension.
In Finland, speeding fines are calculated based on the person’s daily disposable income, usually half their daily wage.
Finland was the first Nordic nation to introduce the income-based “Day Fine” system in 1921, and several European nations have followed suit since.
It was not the first time Wiklöf has been caught speeding.
In 2018, he was fined €63,680 for speeding, and in 2013, he received a €95,000 fine – together amounting to €279,000 over the last decade.
Wiklöf said he hoped the fine – equivalent to half his disposable income over 14 days – would be spent usefully.
“I heard the government wants to save €1.5bn on healthcare in Finland, so I hope that my money can fill a gap there,” Wiklöf told Nya Åland, the main newspaper for the Åland Islands, an autonomous Finnish region in the Baltic Sea.
Switzerland, which operates a similar income-based system, is believed to have imposed the highest ever traffic fine: Sfr3,600 a day for 300 days, or about €1.1m for a Swedish motorist caught driving at 290km/h between Berne and Lausanne.
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