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U.K.’s Richest Lose $5.5 Billion on Britain’s Vote for Brexit, Bloomberg

Beyoncé Knowles,   Sir Philip Green and Cara Delevingne attend the Topshop Topman New York City flagship

 

Britain’s 15 wealthiest citizens had $5.5 billion erased from their collective fortune Friday after the country voted to leave the European Union. Britain’s richest person, Gerald Grosvenor, led the decline with a loss of $1 billion, according to the Bloomberg Billionaires Index. He was followed by Topshop owner Philip Green, fellow land baron Charles Cadogan and Bruno Schroder, majority shareholder of money manager Schroders Plc.

Read the full story at Bloomberg, by Devon Pendleton

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