Pakistani-origin British billionaire Sir Anwar Pervez, who founded the Bestway Group, slid to the 50th spot from his previous 42 on the Sunday Times Rich List 2020 after accruing losses of £432 million amid the coronavirus pandemic, it has emerged.
Britain's wealthiest people have lost tens of billions of pounds in the coronavirus pandemic as their combined annual wealth fell for the first time in a decade, according to the Sunday Times report.
The newspaper, which has produced the respected annual ranking of the country's 1,000 wealthiest people since 1989, found the past two months had resulted in the super-rich losing £54 billion ($65bn, 60bn euros).
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