Billionaires are 10 a penny in Scotland
Annual list reveals record number of super-rich
Scotland has more billionaires than ever before, according to the latest rich list.
The Sunday Times Rich List, which reveals the 1,000 richest people across Britain, include a record number of 11 billionaires with connections to Scotland.
A whisky family topped the list in Scotland with the owners of William Grant & Sons Distillery worth nearly £3bn.
Chairman Glenn Gordon, the great-great-grandson of its founder, runs the distillery in Moray. The family’s wealth has grown £ 202 million in the past year making them worth £2.57 billion.
Kiran Mazumdar-Shaw, the Indian pharmaceutical entrepreneur, and her Glaswegian husband John Shaw came second. They are worth £ 1.76 billion and grew their company by £606 million this year.
The Aberdeen oil tycoon and philanthropist Sir Ian Wood is third and is worth £1.71 billion. He transformed his father’s fishing business into a multinational company.
Emirati businessman Mahdi al- Tajir, who owns water company Highland Spring, is fifth. He is worth £ 1.67 billion and spends his time between London and his 18,000 acre Perthshire estate.
The Thomson family, owners of Scottish publishing house DC Thomson, are sixth and worth £ 1.35 billion. They helped build Dundee’s reputation for “jute, jam and journalism” and created The Sunday Post, The Dandy and The Beano.
Robert Watts, who compiled the list, said: “This is now largely a group made of self-made individuals, with people like Sir Ian Wood growing billion- pound businesses through their vision.”
Eighth is the family of car dealer Sir Arnold Clark. Sir Arnold Clark started his business now worth £1.18 billion in 1965 by buying a Morris Ten Four for £70 which he restored and sold on for a profit.
Glenfiddich is part of the Grant family
Second: Kiran MazumdarShaw