Britain’s super-rich have lost more than £54BILLION thanks to the coronavirus crisis

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BRITAIN’S super-rich have lost more than £54billion in two months thanks to the pandemic.

Some have lost up to £6billion since last year, according to the Sunday Times Rich List.

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Sir Jim Ratcliffe, who co-owns The Pig hotel chain and is worth £12billion, has used the Government’s taxpayer-funded furlough scheme for staff
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Sir James Dyson topped the rich list for the first time after his wealth grew by £3.6billion to £16billion
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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.

The Primark-owning Weston family, worth £10.5billion, also used the government furlough scheme
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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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