Combined wealth of Scotland's billionaires grows as cost-of-living crisis hits public

Anders Holch Povlsen saw an increase of £500m since last year

SCOTLAND'S 10 billionaires saw their combined wealth grow over the last year, the Sunday Times Rich List 2022 has revealed.

The richest person in Scotland is fashion tycoon Anders Holch Povlsen, who owns popular brand ASOS. He is worth around £6.5 billion and saw an increase of £500 million since last year, the newspaper said.