Some have lost up to £6billion since last year, according to the Sunday Times Rich List.
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The combined wealth of the UK’s 1,000 richest people has plummeted for the first time since the 2009 crisis.
At least 63 have used the Government’s taxpayer-funded furlough scheme for staff.
They include Sir Jim Ratcliffe, who co-owns The Pig hotel chain and is worth £12billion, and the Primark-owning Weston family — worth £10.5billion.
But vacuum cleaner tycoon Sir James Dyson topped the list for the first time after his wealth grew by £3.6billion to £16billion.
There were a record 25 female billionaires on this year’s list.
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List compiler Robert Watts said: “Ever since the financial crisis of 2008-9, Britain’s wealthiest people have become richer and richer.
“Covid-19 has called time on their golden period. This year’s rich list paints a picture of Britain on the brink of calamity – two months after lockdown and already billions of pounds have been wiped out.
“You may not like the super-rich, but it is hard to deny that our economy will need the jobs they create and the taxes they and their companies pay if we are to escape a prolonged recession that causes further misery to millions.”
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