Jesper Stubkier, Bestseller’s communications manager, confirmed the deaths.
“We ask you to respect the privacy of the family and we therefore have no further comments,” Stubkier said.
Danish media reported that Povlsen was vacationing in Sri Lanka with his family at the time of the bombings, which took place at multiple hotels and places of worship.
Bloomberg reports that Povlsen is Denmark’s wealthiest person and is thought to be the largest landowner in Scotland. The outlet reports his net worth is $5.7 billion.
The Associated Press, citing Sri Lanka’s minister of tourism John Amaratunga, reports that 39 foreign tourists were killed in the bombings.
Authorities have so far arrested 24 suspects in the attacks, which they say were carried out by seven suicide bombers, according to NBC News.
The Associated Press reports that a Sri Lankan government official said the bombers were part of a domestic militant group named National Thowfeed Jamaath.
The bombings shattered ten years of peace after the end of a civil war on the island nation.
WATCH BELOW: Across the globe, vigils have been held for those who've lost their lives.