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    Driver slapped with $129,544 speeding fine for going 20 mph over the limit; Here’s why


    If time is money, his time had better be worth a lot.

    A wealthy Finnish man who was ticketed for driving 20 mph over the speed limit has been issued a $129,544 fine for the infraction.

    Anders Wiklöf was caught going 82 kph (51 mph) in a 50 kph (31 mph) zone in the Aaland Islands.

    Speeding ticket fines are pegged to a driver’s income in Finland, based on half of their daily estimated disposable income.

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    Finland’s speeding fines are pegged to a person’s income. (Michael Bodmann/iStock)

    “I really regret the matter,” Wiklöf told a local Aaland newspaper.

    Wiklöf is the chairman of an eponymous holding company that has a net annual revenue of $375 million, Luxury Launches reported.

    finland road sign

    Anders Wiklöf was caught doing 82 kph in a 50 kph zone. (oyaboya/iStock)

    The 76-year-old has been cited for speeding before and was fined $68,176 in 2018 and $102,000 in 2013.

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    Despite the huge amount Wiklöf paid for the latest ticket, it is far from a world record.

    Anders Wiklöf has been levied high speeding fines several times. (Selçuk Karabiyik)

    A driver in Switzerland, which has a similar system for calculating fines, was clocked doing 180 mph on a public road and had to pay $1 million.

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    The unidentified motorist told police officers, “the speedometer must have been on the blink,” according to Swiss Info.

    The Associated Press contributed to this report



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