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Daily Record
Daily Record
National
Daniel Morrow

Scotland's rich list revealed as 10 billionaires are wealthiest people of 2022

The richest people in Scotland have been named - featuring 10 the country's wealthiest billionaires.

In the latest edition of The Sunday Times Rich List, Anders Holch Povlsen, who is the owner of Danish retailer Bestseller and has a 25 per cent stake in ASOS, was named Scotland’s richest individual for 2022.

The 49-year-old has amassed a personal fortune of £6.5billion - which is up by £500million compared to last year.

Holch Povlsen is now also Scotland’s largest landowner, with more than 220,000 acres.

The top ten wealthiest people in Scotland have a combined fortune of £23.054billion - with more than a quarter of this in the hands of Holch Povlsen.

Anders Holch Povlsen was named Scotland’s most wealthiest individual for 2022 (Ritzau/PA Images)

Greenock brothers Sandy and James Easdale, who were both former directors of Rangers Football Club, are the wealthiest newcomers to the list - with a £1.363billion fortune based on transport and property acquisitions.

JK Rowling was named 12th on the list as the Harry Potter author and Edinburgh resident added £30million to her fortune, making her worth £850 million.

Bristol-born Rowling, 56, continues to make large charitable donations, including £6.7million last year from her Volant Trust.

Sandy and James Easdale, who were both former directors of Rangers Football Club, are the wealthiest newcomers to the list (PA Wire)

Robert Watts, the compiler of The Sunday Times Rich List, said: “Scotland's richest people have fared less well than those elsewhere in the UK, with half of this year's 10 Scottish billionaires seeing their fortunes fall over the past year. The combined wealth of the country’s 10 billionaires is still up, at nearly 2 per cent on 2021.

“As the economy continues to work through the damage wrought by the pandemic, surging inflation and the disruption to markets caused by the war in Ukraine are now making the business environment difficult.”

The study found that there is now a record 177 billionaires in the UK this year - which is a rise of six from 2021.

JK Rowling was 12th on the Scottish list (Getty Images)

All of the UK billionaires combined are worth £655.122 billion - up by 9.4 per cent in the past year.

The 250 richest people in the UK are worth a combined £7110.723 billion.

Top 10 wealthiest people in Scotland

Scotland

Rank

Name

Source of Wealth

2022 Wealth

Wealth increase/ decrease

1

Anders Holch Povlsen

Fashion: Bestseller and Asos

£6.5bn

Up £500m

2

Glenn Gordon and family

Spirits: William Grant & Sons

£3.395

Down £200m

3

Kiran Mazumdar-Shaw and John Shaw and family

Pharmaceuticals: Biocon

£2.496bn

Down £446m

4

Sir Ian Wood and family

Oil services and fishing

£1.819bn

No change

5

Mohamed Al Fayed and family

Retailing: Harrods

£1.699bn

Down £1m

6

Mahdi al-Tajir

Metals, oil, and water: Highland Spring

£1.685bn

Down £2m

7

The Thomson family

Media: D C Thomson

£1.585bn

Up £314m

8

Sandy and James Easdale

Transport and property

£1.363bn

New entry

9

Lady Philomena Clark and family

Car sales: Arnold Clark

£1.267bn

Up £126m

10

Trond Mohn and Marit Mohn Westlake and family

Industry

£1.245bn

Down £14m

You can read the full Sunday Times Rich List 2022 here or in the print edition, which will be released on Sunday, May 22.

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