He raised billions of euros from investors during the boom to turn his company into a finance and industrial conglomerate.

Before the pandemic the industrial conglomerate was trading near highs of £17.50 but its shares plunged as the virus began to have an impact, falling as low as 814p.

Shares in the industrial conglomerate initially rose before executives announced the unexpected departure of its chief financial officer.

Between 1983 and 1991, the strategy was to act as a wide-ranging industrial conglomerate, with a particular focus on mining and metals.

Private industries commercials were permitted with no fee; initially all the commercials of industrial conglomerates were tax-free with no additional charges.