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William Stern (businessman)

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William Stern
Vilmos György Stern

(1935-07-02)2 July 1935
Budapest, Hungary
Died21 March 2020(2020-03-21) (aged 84)
NationalityHungarian, British
Known forOwner of Stern Group, Britain's then biggest bankruptcy with debts of £118 million in 1973
SpouseShoshana Stempel (Freshwater)

William George Stern (born Vilmos György Stern, 2 July 1935 – 21 March 2020)[1] was a Hungarian-born British businessman. He was known as the owner of the British Stern Group of companies. When the company fell in 1973, Stern became Britain's biggest bankrupt with debts of £118 million.[2][3][4] Stern was the reason for the creation of Britain's first Policyholders' Protection Act.[5]

He died on 21 March 2020 from COVID-19.[6]

References[change | change source]

  1. "USC Shoah Foundation". USC Shoah Foundation. Archived from the original on 2011-11-26. Retrieved 2021-01-01.
  2. "Not-so-hard times for the celebrity bankrupts". Evening Standard. 17 August 2001. Archived from the original on 17 May 2008.
  3. Charles, James (25 June 2008). "The 10 worst property investments ever". The Times. UK. Archived from the original on 7 July 2010. Retrieved 30 March 2020.
  4. "Stern declared bankrupt". Montreal Gazette. 2 June 1978.
  5. "Stern reminders of earlier property crashes". The Daily Telegraph. UK. 9 December 2007.
  6. "'Devastating': vicar and headteacher among latest UK coronavirus victims". The Guardian. 23 March 2020. Retrieved 23 March 2020.