Danish Retail Billionaire Loses 3 Children in Sri Lanka Attacks

Danish Retail Billionaire Loses 3 Children in Sri Lanka Attacks
Bestseller-owner Anders Holch Povlsen and his wife Anne Holch Povlsen as they arrive at the celebration of the 50th birthday of Crown Prince Frederik of Denmark in Royal Arena in Copenhagen, Denmark, on May 27, 2018. Tariq Mikkel Khan/AFP/Getty Images
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Three children of retail billionaire Anders Holch Povlsen were killed in the attacks in Sri Lanka on Sunday, April 21, according to a spokesperson for his company.

The Danish entrepreneur owns clothing company Bestseller, which is the biggest shareholder in British fashion retailer Asos with a stake of over 26 percent. He also owns a 10 percent stake in German online retailer Zalando.