Obviously not. Krieg's was 17 million berries. Arlong's was 20 million. Luffy's was 30 million.

From K-F's translation of episode 45:

Captain: So, it seems to me, that what you are saying is that they won't be defeated by simply dispatching a military force.

Different Captain: Correct. Since their formation and subsequent defeat of Captain Axe-Hand Morgan, they have been quite active. Clown Buggy, 15 million. Pirate Fleet Leader Don Krieg, 17 million. And Mermen Pirate Leader, "Saw Nosed Arlong", 20 million. Keeping in mind that the average bounty in East Blue is 3 million, these are big-league pirates that are worth over 10 million. And he's taken all of them out. The initial price on his head will be 30 million berries, which is a record figure, but a reasonable one. It would be wisest to take care of them quickly. To pluck this seed of evil before it takes root.