I would be surprised if he could lay his hands on say 5-10 million with ease. To raise more he would have to sell companies etc. and maybe get 50p to the pound.
Take yourself say your house is worth £250,000 and you have £10,000 in the bank. That means you are worth £260,000.
However thatís paper money unless you have paid off your mortgage and credit cards etc.
In any case the figure quoted of say 3Billion may now be only worth 1.5 Billion due to the fall in the markets. Oh my heart bleeds for him !
But still he is a load of xyz. He could well afford to help his staff but does he only have around 50% of the company so others should contribute, but I doubt it.
I would doubt that it would be possible to find out his worth, there will be assorts of companies, shell companies etc.
Add creative accounting !! And I saw some of that when I was working. Letís call it cooking the books.
High finance is a very dirty game that governments have great difficulty in unraveling.
Phillip Green comes to mind.
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