The billionaire fashion tycoon behind online clothing retailer Asos lost three of his four children in the Sri Lanka terror attacks.

Anders Holch Povlsen, 46, is Denmark’s wealthiest man and is believed to be the largest landowner in Scotland after buying a string of historic estates.

He and his wife Anne hold an estimate 200,000 acres of the Scottish Highlands, and had planned to rewild the landscape to preserve it for future generations, according to a Guardian report from earlier this year.

Jesper Stubkier, communications manager for Mr Holch Povlsen’s wholesale fashion business Bestseller, said the couple had lost three children in the Easter Sunday attacks.

A spokesperson confirmed three of the ASOS billionaire's children were killed in the attacks. Credit: PA

He told the Press Association on Monday: “I can confirm that three children have been killed.

“We have no further comment and we ask that the family’s privacy is respected at this time.”

He declined to comment on the identity of the children or whether other members of the family had been visiting Sri Lanka.

It is also unknown in which of the series of blasts the sibilings lost their lives.

According to Forbes, Mr Holch Povlsen has a net worth of £6.1 billion.