76-year-old multimillionaire fined $142,000 for a single speeding offense says he ‘totally regrets’ it
Published on Feb 11, 2026 at 4:04 PM (UTC+4)
by Ben Thompson
Last updated on Feb 11, 2026 at 4:04 PM (UTC+4)
Edited by
Emma Matthews
This 76-year-old multimillionaire has admitted that he regretted speeding, after a single speeding offense left him on the hook for $142,000.
Anders Wiklöf had been driving 18.6mph over the speed limit in his native Finland.
Unfortunately for him, Finland calculates tickets as a percentage of the offender’s income.
As the CEO of a company worth more than $400 million, Wiklöf was left with a considerable fine to pay.
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Why this multi-millionaire ended up paying $142,000 for a speeding offense
Anders Wiklöf claimed that the speed limit had changed ‘suddenly’ from 43mph to 31mph when he was flashed at 50mph.
This is Wiklöf’s third time getting a speeding fine – he’d been charged approximately $113,000 in 2013 and approximately $75,000 in 2018.
Given his income and previous offenses, the multimillionaire was given a harsher fine – and had his driving license suspended for 10 days.
Under the Finnish system, fines for traffic infringements are based on both the severity of the offense and the offender’s income.
Police can check the income based on a central taxpayer database.
A ‘day fine’ is calculated based on the offender’s daily disposable income – measured at about half of their daily net income.
And the more somebody is over the speed limit, the higher their fine becomes.
Despite the expense and negative publicity that have undoubtedly come with this speeding offense, Wiklöf has been remarkably candid about it.
“I really regret the matter,” he told Nya Åland, a newspaper for the Åland Islands.
“I had just started slowing down, but I guess that didn’t happen fast enough. It’s how it goes.”
It was his hope that the Finnish government would spend his money – the equivalent of 14 days of income for him – wisely.
“I have heard the government wants to save €1.5bn [$1.78bn] on healthcare in Finland, so I hope that my money can fill a gap there,” he said.
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Traffic fines don’t spare anyone, even the ultra-rich
Wiklöf should count himself lucky in some sense, as his fine is a mere drop in the bucket compared to the most expensive speeding tickets of all time.
And being uber-rich doesn’t spare you from paying a fine, even if it’s not done in a progressive way like in the Nordic countries.
One billionaire received a speeding ticket for driving his C8 Corvette on his own island.
Even government ministers aren’t exempt, as the Transport Minister of Türkiye found out the way the hard way.
A lot of money can be generated from issuing fines.
In the UK, one speed camera racked up $3.1 million from a single spot.
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Following stints at LadBible, The Sun, The New York Post, and the Daily Mail, Ben joined the team full-time in February 2025. In his role as Senior Content Writer, his sparkling copy, the ability to sniff out a good story at 100 paces, and a GSOH quickly led to him becoming an integral and invaluable member of the writing staff.
