TCI Fund Management founder Sir Chris Hohn paid himself an $81.6m dividend in the year to 31 March 2025, as revenues at the firm climbed sharply amid another strong year of investment performance, according to a report by Financial News London.
The report cites filings at UK Companies House as revealing that TCI’s turnover rose to $1.02bn, up from $844m the previous year. The increased profitability also coincided with a significant rise in charitable donations from the firm, which climbed to almost $800m over the same period.
The dividend represents an increase on the $53m payout Hohn awarded himself in 2024, though remains well below the $346m distribution recorded in 2023. The latest payment further reinforces Hohn’s status as one of the UK’s wealthiest hedge fund managers, with Forbes estimating his net worth at $9.2bn.
TCI delivered another standout year of returns in 2025, posting gains of around 27%, according to the Financial Times. The firm, which manages close to $80bn in assets, benefited from successful equity positions including GE Aerospace, Airbus and French defence and engine manufacturer Safran.
The performance placed TCI among the top-performing equity hedge funds in a year when the strategy broadly outpaced peers. Industry data from HFR shows equity hedge funds returned more than 15% on average through November 2025, buoyed by strong equity markets and elevated single-stock dispersion.
Other prominent equity-focused managers also delivered strong results. Bill Ackman’s Pershing Square finished the year up 20.9%, while High Ground Investment Management returned 39.4%, outperforming the S&P 500.