Green has agreed to write a £363m cheque to fund the pensions of former BHS staff, having initially offered £80m. The saga of the collapsed high street giant is not his only headache. Last year we valued his stake in the Arcadia retail group, owner of Topshop, Topman, Burton, Dorothy Perkins and Miss Selfridge, at £1.9bn. We clip that by £350m to £1.55bn this year owing to falling sales, reduced assets and a ballooning pension deficit. We lower Monaco-based Green, 65, and his wife Lady Tina, 67, to £2.787bn.
The plummeting fortunes of Sir Philip Green and Mike Ashley
Relative values: A Life in the Day: Sir Philip Green and his daughter