THERE is a quartet of ultra-high net-worth individuals we have chosen to omit from the list. In the case of Tom Hunter, David Murray, Sir Angus Grossart and Chris Gorman it is impossible for us to make an accurate assessment of their income because of the labyrinth of company structures that have been created.
OUR accounting period for the list was 1 August 2002 to 1 August 2003. Where company entries have not been published for this period, we have determined income from the most recent set of accounts in the public domain.
THE opportunist theft last month of Leonardo’s Madonna of the Yarnwinder from the Duke of Buccleuch’s Drumlanrig Castle, in Dumfries & Galloway, illustrates the precarious financial position of Scotland’s aristocracy. While the Duke sits on the largest private estate in Britain, last valued at £282 million and peppered with valuable works of art - the Leonardo was estimated to be worth £40 million - he cannot afford to install an adequate security system.
MONEY is a many splendoured thing. Never mind biblical ambivalence suggesting that love of it is the root of all evil, everyone’s practical experience dictates that possession of it is a social necessity.
THE average income of Scotland’s top 100 earners has broken the £1 million barrier, a study by The Scotsman can reveal.