Bob Diamond Upset at Missing Forbes Billionaire List

Bob Diamond ‘expects to achieve billionaire status within two years’. Following the publication of the Forbes billionaire list, Mr Diamond, Barclays CEO said ‘I think my non-appearance in the billionaires list will silence the critics who think that £24m is an excessive bonus payment. I’m certain that Barclays shareholders and remuneration committee will recognise that being a billionaire is a reasonable expectation for taking on such a demanding role, and in line with compensation for similarly qualified roles. I look forward to a bonus in excess of £250m next year to ensure that I can sustain my commitment to the company.’ Sources close to Diamond say he is ‘gutted’ to miss out on the billionaires list and that morale in the exec team is so low that they are all having a duvet day.

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