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The 13 richest people in Scotland

Biocon

Kiran Mazumdar-Shaw.

There are now a record 10 billionaires in Scotland, according to the Sunday Times 2017 Rich List.

Some of those fortunes derive from international businesses portfolios, while some of those come from sources closer to home.

The fortunes of those at the very top derive partly from the things Scotland is best-known for: whisky and Highland Spring water among them.

Some of those who make the list were born in Scotland, while others have since moved there — the country’s huge estates providing a magnet for billionaires from all corners of the world.

Take a look at the 13 wealthiest people who made this year’s list.

13. Lord Laidlaw: Net worth — £795 million. Scottish-born Laidlaw, who now lives in Monaco, made his fortune after buying a US small publisher in 1973 and turning it into the Institute for International Research, the world’s largest conference organiser.

T=11. Jim Mellon: Net worth — £920 million. Mellon made a huge amount of money in German property and is also one of the biggest property owners on the Isle of Man. He also supported the Brexit campaign.

T=11. Sir Brian Souter and Ann Gloag: Net worth — £920 million. The sibling pair made their money after founding Scottish-based bus company Stagecoach. They subsequently founded train company South West Trains and coach operator Megabus, both of which have operations across the UK.

10. Jim McColl: Net worth — £1.07 billion. McColl made his fortune after transforming an ailing engineering firm, Clyde Blowers, into one of the largest private engineering groups in the UK. McColl retains a £1.02 billion stake in the Clyde Blowers, which is worth £1.7 billion.

9. Sir Arnold Clark and family: Net worth — £1.1 billion. Clark made his billion-pound fortune from car dealerships. He started buying and selling cars in 1954 and built it into an empire. Arnold Clark Automobiles is now the largest independent family-run car dealership in the world, with over 300 branches. Clark also owns “The Drum,” a yacht previously owned by singer Simon Le Bon (pictured).

T=7. John Shaw and Kiran Mazumdar-Shaw: Net worth — £1.15 billion. She founded biotech and pharmaceutical company Biocon, which was sold to Unilever, then again to ICI. She and John Shaw — now her husband — chair the business, and Shaw sits on the board after he bought it back in 1998.

T=7. Philip Day: Net worth — £1.15 billion. Day lives in Cumbria, England, but made his fortune from a retail portfolio which includes Scottish-based clothes company Edinburgh Woollen Mill and Cardiff-based clothes chain Peacocks.

6. The Thomson family: Net worth — £1.285 billion. The Thomson family derive their wealth from family firm DC Thomson, the international publisher which owns racing newspaper The Sunday Post and numerous comics, including the Beano.

5. Sir Ian Wood and family: Net worth — £1.6 billion. Wood was one of the main beneficiaries of the North Sea oil boom which occurred when oil was discovered off the coast of Scotland in the 1970s. He turned a small fishing company into an international energy services company worth £3.17 billion. He is known for his frugality.

4. Trond Mohn and Marit Mohn Westlake: Net worth — £1.62 billion. The sibling pair live in London but were born in Scotland. They previously owned Norweigan firm Framo, the industrial giant which makes cargo pumps for tanker ships, and sold the firm in £1.1 billion in 2014.

3. Mahdi al-Tajir: Net worth — £1.67 billion. Bahrain-born Al-Tajir’s international business portfolio includes stakes in oil, gas, and property firms. He owns Scottish mineral water company Highland Spring, and has a 24,000-acre estate in Perthshire, Scotland.

2. Mohamed Al Fayed and family: Net worth — £1.7 billion. Al Fayed is best-known for his ownership of department store Harrods and the Paris Ritz hotel. He spends a large part of his time in Scotland, where he owns a 65,000-acre estate in the Highlands and wears a kilt.

1. The Grant Gordon family: Net worth — £2.370 billion. The richest family in Scotland made its fortune from the world-famous Glenfiddich whisky brand, which is now run by the fifth-generation descendants of its founder, William Grant.

Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.

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The 13 richest people in Scotland

The 13 richest people in Scotland

More from Thomas Colson:

13. Lord Laidlaw: Net worth — £795 million. Scottish-born Laidlaw, who now lives in Monaco, made his fortune after buying a US small publisher in 1973 and turning it into the Institute for International Research, the world’s largest conference organiser.

T=11. Jim Mellon: Net worth — £920 million. Mellon made a huge amount of money in German property and is also one of the biggest property owners on the Isle of Man. He also supported the Brexit campaign.

T=11. Sir Brian Souter and Ann Gloag: Net worth — £920 million. The sibling pair made their money after founding Scottish-based bus company Stagecoach. They subsequently founded train company South West Trains and coach operator Megabus, both of which have operations across the UK.

10. Jim McColl: Net worth — £1.07 billion. McColl made his fortune after transforming an ailing engineering firm, Clyde Blowers, into one of the largest private engineering groups in the UK. McColl retains a £1.02 billion stake in the Clyde Blowers, which is worth £1.7 billion.

T=7. John Shaw and Kiran Mazumdar-Shaw: Net worth — £1.15 billion. She founded biotech and pharmaceutical company Biocon, which was sold to Unilever, then again to ICI. She and John Shaw — now her husband — chair the business, and Shaw sits on the board after he bought it back in 1998.

T=7. Philip Day: Net worth — £1.15 billion. Day lives in Cumbria, England, but made his fortune from a retail portfolio which includes Scottish-based clothes company Edinburgh Woollen Mill and Cardiff-based clothes chain Peacocks.

6. The Thomson family: Net worth — £1.285 billion. The Thomson family derive their wealth from family firm DC Thomson, the international publisher which owns racing newspaper The Sunday Post and numerous comics, including the Beano.

4. Trond Mohn and Marit Mohn Westlake: Net worth — £1.62 billion. The sibling pair live in London but were born in Scotland. They previously owned Norweigan firm Framo, the industrial giant which makes cargo pumps for tanker ships, and sold the firm in £1.1 billion in 2014.

3. Mahdi al-Tajir: Net worth — £1.67 billion. Bahrain-born Al-Tajir’s international business portfolio includes stakes in oil, gas, and property firms. He owns Scottish mineral water company Highland Spring, and has a 24,000-acre estate in Perthshire, Scotland.

2. Mohamed Al Fayed and family: Net worth — £1.7 billion. Al Fayed is best-known for his ownership of department store Harrods and the Paris Ritz hotel. He spends a large part of his time in Scotland, where he owns a 65,000-acre estate in the Highlands and wears a kilt.

1. The Grant Gordon family: Net worth — £2.370 billion. The richest family in Scotland made its fortune from the world-famous Glenfiddich whisky brand, which is now run by the fifth-generation descendants of its founder, William Grant.

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The 13 richest people in Scotland

More from Thomas Colson:

13. Lord Laidlaw: Net worth — £795 million. Scottish-born Laidlaw, who now lives in Monaco, made his fortune after buying a US small publisher in 1973 and turning it into the Institute for International Research, the world’s largest conference organiser.

T=11. Jim Mellon: Net worth — £920 million. Mellon made a huge amount of money in German property and is also one of the biggest property owners on the Isle of Man. He also supported the Brexit campaign.

T=11. Sir Brian Souter and Ann Gloag: Net worth — £920 million. The sibling pair made their money after founding Scottish-based bus company Stagecoach. They subsequently founded train company South West Trains and coach operator Megabus, both of which have operations across the UK.

10. Jim McColl: Net worth — £1.07 billion. McColl made his fortune after transforming an ailing engineering firm, Clyde Blowers, into one of the largest private engineering groups in the UK. McColl retains a £1.02 billion stake in the Clyde Blowers, which is worth £1.7 billion.

T=7. John Shaw and Kiran Mazumdar-Shaw: Net worth — £1.15 billion. She founded biotech and pharmaceutical company Biocon, which was sold to Unilever, then again to ICI. She and John Shaw — now her husband — chair the business, and Shaw sits on the board after he bought it back in 1998.

T=7. Philip Day: Net worth — £1.15 billion. Day lives in Cumbria, England, but made his fortune from a retail portfolio which includes Scottish-based clothes company Edinburgh Woollen Mill and Cardiff-based clothes chain Peacocks.

6. The Thomson family: Net worth — £1.285 billion. The Thomson family derive their wealth from family firm DC Thomson, the international publisher which owns racing newspaper The Sunday Post and numerous comics, including the Beano.

4. Trond Mohn and Marit Mohn Westlake: Net worth — £1.62 billion. The sibling pair live in London but were born in Scotland. They previously owned Norweigan firm Framo, the industrial giant which makes cargo pumps for tanker ships, and sold the firm in £1.1 billion in 2014.

3. Mahdi al-Tajir: Net worth — £1.67 billion. Bahrain-born Al-Tajir’s international business portfolio includes stakes in oil, gas, and property firms. He owns Scottish mineral water company Highland Spring, and has a 24,000-acre estate in Perthshire, Scotland.

2. Mohamed Al Fayed and family: Net worth — £1.7 billion. Al Fayed is best-known for his ownership of department store Harrods and the Paris Ritz hotel. He spends a large part of his time in Scotland, where he owns a 65,000-acre estate in the Highlands and wears a kilt.

1. The Grant Gordon family: Net worth — £2.370 billion. The richest family in Scotland made its fortune from the world-famous Glenfiddich whisky brand, which is now run by the fifth-generation descendants of its founder, William Grant.

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