# City bonuses mean more millionaires

- Link: https://fundraising.co.uk/2000/12/18/city-bonuses-mean-more-millionaires/
- Published: 2000-12-18T00:00:00+00:00
- Author: Howard Lake

Christmas bonuses in the City of London this month could produce 200 multi-millionaires
and a couple of thousand people receiving one million pounds. Some estimates suggest
that at least 6,000 people will receive at least £250,000. At Goldman Sachs for 
example, £4.45 billion could be shared amongst 15,000 people, with the majority 
going to the 165 managing directors of the bank.

Some of these recipients will have received similar bonuses in the past, so these
figures do not suggest new millionaires. Whether any of this income is donated to
charity is not known.

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