Sir Philip Green and Lady Tina Green have lost £433 million over the last year, according to the Sunday Times Rich List. However, the couple will still be ranked as the fifth-richest UK couple when the List is published on May 7, with a combined wealth of £2.79 billion.
Sir Philip and Lady Green were the only couple listed whose wealth has dropped over the last 12 months, possibly due to the £363 million Sir Philip has paid towards the pension hole at BHS, the iconic UK shopping giant that went bust in April, 2016.
While Lady Green is a Monaco resident, Sir Philip maintains his UK residency.
The retail mogul has faced a barrage of hostility and a Parliamentary enquiry from members of the British House of Commons for his alleged role in the demise of BHS, which employed 11,000 people across the UK and funded pensions for 22,000.