Telegraph – David Harding earned an income of £87m last year from Winton Capital Management, the investment firm he founded in 1997, and paid an annual tax bill of £34m – enough to fund the salaries of 1,500 newly-qualified teachers.
But the 51-year-old admitted that he was not “whiter than white” and had paid an overall rate of just 39pc in the last financial year, as he makes the majority of his money from dividends rather than salary, which are taxed at a lower rate. Mr Harding currently owns 56pc of Winton Capital Management.
