Driver Goes 20 MPH Over The Limit; Gets Slapped with a $129,000 Speeding Ticket
It is fair to admit that almost everyone has received a speeding ticket before. Maybe you were going 5 miles over the limit. Or maybe you had a long, empty stretch of road all to yourself and you wanted to squeeze out every ounce of power at your command. However, speeding is a risky choice when driving on public roads, and sometimes we have to pay the price with a speeding ticket. But across the pond, fines go from 0-to-60 rather quickly.
In Finland, Speeding Tickets Make You Pay Up
However, one businessman in Finland found out just how hefty of a fine he has to pay for doing 20 mph over the speed limit. 76-year-old Anders Wiklof was doing 50 mph in a 30 mph zone (which equates to 82 kph in a 50 kph zone in Europe). While this doesn’t necessarily sound too bad, it isn’t good either. Unfortunately for Wiklof, speeding is an offense that is taken very seriously in Finland. According to the official report, Wiklof received a fine of $129,675 and a 10-day suspension on his license.
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Why Was His Speeding Ticket Over $120k?
Now why exactly is this man’s speeding ticket set at such a huge amount? With that kind of money, you could just buy two new cars.
This is due to Finland implementing its Day-Fine System in 1921 in which one’s fine is calculated in proportion to their annual income. Basically, the more money you make, the higher your fine is. Denmark, Estonia, France, Germany, Sweden, and Switzerland also utilize this payment method.
At this point, you’ve probably gathered by now that due to Wiklof’s $120k fine, he makes quite a bit of dough as a businessman. In fact, he is one of the wealthiest people in Finland. How wealthy is he? Wealthy enough to have his name on display at the Wiklof Holding Arena football stadium.
This speeding ticket isn’t the first time Wiklof has had to pay a large fine for. In 2018, he received a $76,371 (63,680 Euros) speeding ticket while on his way to present a prize at a local art museum. Another time in 2013, he had to pay $125,343 (95,000 Euros) speeding ticket for doing 47 mph in a 30 mph zone.
Wiklof says the speed limit of the road he was driving on had dropped right before he was pulled over by police. But for someone with a net worth of over $130 million, these speeding tickets are likely nothing more than a drop in the bucket.