Property tycoon David Kirch is celebrating his 70th birthday by giving everyone on the island of Jersey where he lives aged 70 or over £100 for Christmas.
One in 10 of Jersey’s 88,000 population is over 70, meaning Kirch’s payout to pensioners will total around £1m.
Kirch said: “I reached 70, which was not an entirely welcome prospect, but decided against hosting a lavish party. Instead I wanted to share the occasion with all other Jersey residents who will have reached this milestone.