The death of Richard Cousins, 58, the multi-millionaire CEO of catering firm Compass has resulted in a £41 million payment of most of his fortune to Oxfam.

Mr Cousins died with his two sons, his fiancee and her daughter and his pilot when their plane plunged into the Haweksbury river near Sydney, Australia on New Year’s Eve last year. A year before this he had inserted a “common tragedy clause” into his will, which meant that if he were to be killed with his immediate family, which he was the charity would receive most of his fortune.

Earlier this year, and after Mr Cousins had died, senior Oxfam executives were found to be using Oxfam money to pay for prostitutes in Haiti, resulting in thousands of cancelled donations.