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Tycoons' fortunes tumble as richest man loses £20bn

A cluster of the world�s richest tycoons have seen their personal fortunes shattered by the financial meltdown � with one magnate reported to have lost £7m an hour at the height of the crisis.

A cluster of the world's richest tycoons have seen their personal fortunes shattered by the financial meltdown - with one magnate reported to have lost £7m an hour at the height of the crisis.