British billionaire businessman Sir Philip Green is estimated to have lost his billionaire status after his fortune has reportedly halved in just one year.
The retail tycoon's net worth is believed to have plummeted due to a pension black hole in his empire.
The Sunday Times published its Rich List and has Sir Philip's fortune free-falling £1.05 billion in a year to £950 million.
But the plummet still leaves Sir Philip and his wife Tina at 156th on the list, down from joint 66th just 12 months earlier.
The Arcadia Group - which includes Topshop, Burton and Dorothy Perkins - was valued as worthless in this year's list, as the company tries to cope with a pension debt of £565 million.
The couple's stake in the company last year was valued at £750 million, while the compilers removed £300 million from their worth to allow the shoring up of the deficit.
With his fortune peaking at almost £5 billion in 2007, it is the first time in almost two decades that Sir Philip has not been listed as a billionaire.
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