The latest Sunday Times Rich List has been published and has seen the number of billionaires in the UK fall from 151 to 147 with almost two thirds seeing their net wealth either stagnate or fall in the past year as the impact of COVID-10 takes hold.

For the 1000 entrants in the 2020 Rich List (minimum net worth of £120 million), their total wealth has fallen over three and a half percent to £742.6 billion whilst the total wealth of the UK’s billionaires fell £34 billion from 2019.  

Among those that have seen a large fall in their fortune are Viscount Rothermere (owner of the Daily Mail) who saw his wealth fal...