Philip Green's wealth has shrunk as Arcadia's fortunes have faded
over 3 years in The guardian
Tycoon and wife had estimated fortune of £4.9bn in 2006 but it has fallen to about £950m
Nils Pratley: Green should do honourable thing by staff
Timeline: the rise and fall of Philip Green
No one except Sir Philip Green, his wife, Lady Tina Green, and their accountants know exactly how rich the self-crowned “king of the high street” actually is. But there is one thing in which everyone can be certain: the Greens are far less rich than they once were.
The couple, who own the Arcadia retail empire which collapsed into administration on Monday, were reportedly the UK’s fifth richest people in 2006 with an estimated fortune of £4.9bn, according to the Sunday Times rich list for that year. Continue reading...
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