The £574m payout is believed to be the highest annual amount ever paid to one person in Britain

The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits.

The payout from the Mayfair-based hedge fund, where the prime minister, Rishi Sunak, worked between 2006 and 2009, is the biggest ever collected by Hohn and believed to be the highest annual amount ever paid to one person in Britain. It equates to more than £1.5m a day.

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