All but one of Anders Holch Povlsens four children have died after series of explosions

Mon 22 Apr 201916.02 BSTFirst published on Mon 22 Apr 201910.53 BST

Three children of the billionaire fashion tycoon behindAsoshave been killed in the Sri Lanka terrorist attacks.

Anders Holch Povlsen is Denmarks wealthiest man with anet worth of $7.9bn (6.1bn), according to the business magazine Forbes, and is believed to be the largest landowner in Scotland after buying a string of historic estates.

He and his wife, Anne Storm Pedersen, hold an estimated 80,000 hectares (200,000 acres) of the Highlands, andplan to rewild the landscapeto preserve it for future generations.

Thebombings at churches and luxury hotelsacross Sri Lanka on Easter Sunday killed at least 290 people. An investigator said seven suicide bombers had taken part in the attacks.

Jesper Stubkier, the communications manager for Holch Povlsens wholesale clothing business, Bestseller, said: I can confirm that three children have been killed. We have no further comment and we ask that the familys privacy is respected at this time.

The spokesman declined to comment on which of Holch Povlsens four children had died, or whether other members of the family had been visitingSri Lanka.

Holch Povlsen is best known in the UK for being the largest shareholder inAsos. His 26.7% stake in the group, mostly built during a spell of share-buying between 2010 and 2012, is worth about 866m.

ThoughAsoss stock market valuehas halved since March 2018, Povlsen has made a substantial profit from the investment, with his holding worth about double what he paid for it, according to calculations made by the Guardian.

Polvsens fortune includes his ownership of the Bestseller fashion business which was founded by his parents, includes brands such as Vero Moda and Jack & Jones, and sold more than 40m of products to Asos last year. He took over the business when he was 28.

He also has a string of investments in land and property. The Povlsens have acquired five country sports estates between Ben Loyal and Eriboll, close to the village of Tongue in the Highlands, as well as several stalking estates further south such as Glenfeshie, the couples home in the Cairngorms. Many include luxury holiday and hunting lodges for rent.

Through one of his UK companies, Polvsen also owns Berkertex House, a commercial property on Oxford Street in London, which he acquired in 2014 for 105m.

He has also been touted as one of the tycoons who could cause the Shard to lose its title as the tallest skyscraper in western Europe. This year, Povlsen announced plans for a320-metre (1,050ft) skyscraper, nicknamed Bestseller Tower, which is expected to be built in Brande, a town of 7,000 people in rural Jutland.

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