A $350 speeding ticket means something very different for the driver of a $400,000 Ferrari and the driver of a $4,000 Nissan. The Ferrari driver might barely notice the ticket, while the Nissan driver might have to put off major maintenance because of the cost. Hardly seems fair, does it? Well, several countries in northern Europe have decided to do something about it. And as a result, one of the richest men in Switzerland just got hit with a $110,000 fine for driving 48 mph down a residential street. The anonymous defendant didn’t bother contesting the decision.

We don’t know this speed demon’s name, or even what he was driving. But we do know police caught him driving 48 mph in a 31 mph zone. We also know that eight years ago, Switzerland hit him with a fine up to $85,000. But he only paid $12,400 because he was on his best behavior behind the wheel for the next two years.

A second ticket for deca-millionair driver

The prosecutor realized this street racer is a French national and one of Switzerland’s wealthiest residents. Switzerland’s 24 Heures news reported he’s worth hundreds of millions of dollars. So the prosecutor tallied up the maximum possible fine and hit the driver with a $110,000 ticket.

Will this decamillionaire pay the entire ticket? Probably not. It is essentially a probation deal where he owes $12,300 up front and will have to pay the rest if he’s caught speeding again in the next two years. Will losing this fraction of his net worth keep his foot off the gas pedal? We’ll just have to wait and see.

This is not the highest traffic ticket in Switzerland’s history. When a millionaire was clocked racing 85 mph through a 50 mph zone in his Ferrari Testarossa in 2010, he was fined $290,000. That was just one of the four most expensive speeding tickets ever.