We all dream of one day being rich enough to buy ourselves anything we wish for; yet money cannot buy it all. Billionaire ASOS tycoon now knows this after having lost three of his four children in Sri Lanka Easter suicide attacks by Islamist terrorists that killed 290 persons.

A spokesman for Povlsen, confirmed the deaths but did not say which of the four children had been killed. The billionaire had been on holiday with his family for the Easter holidays but he, his partner, and one of his children survived.

Just days before the devastating attacks, one of Povlsen’s children, Alma, shared a holiday snap of her siblings Astrid, Agnes and Alfred, next to a pool.

Sri Lankan officials have blamed a little-known Islamist group called National Thowheed Jamaath (NTJ) for the terrorist attacks, adding that the organization had ‘international help’, raising fears that ISIS was involved.

Islamist extremist material has been recovered from a hotel room allegedly used by the suspects in the Sri Lanka hotel bombings, MailOnline can reveal.

The seven bombers co-ordinated their attacks targeting five-star hotels and churches on Easter Sunday in an apparent deliberate attempt to target westerners and Christians.

Our heart goes out to this family, who is undoubtedly beoken in so many ways. May their angel kids rest in peace!