William Stern, businessman
William George Stern ‑ a businessman most notable as the owner of the British Stern Group of companies – died of Covid-19 on 21 March 2020.
When the British Stern Group of companies collapsed in 1973, Stern became Britain's biggest bankrupt with debts of £118 million. The uninsured losses sustained by thousands of investors led directly to the creation of Britain's first Policyholders' Protection Act. He died during the Covid-19 pandemic due to complications brought on by Covid-19.
He was born Vilmos György Stern or Ze’ev HaKohen Stern in Budapest, the youngest of three children of Chaim Stern, who owned a textile factory supplying goods to the Hungarian government.
When Hungary was invaded by Nazi Germany in March 1944, Stern along with hi...