Each year, the Rich List special edition of The Sunday Times Magazine reveals the wealth of the 250 richest people in Britain.
The latest edition lists a record 177 billionaires in the UK, up six from 2021. The combined wealth of the UK billionaires is £653.122 billion, up £55.853 billion – 9.4 per cent – on the total wealth of the billionaires in the 2021 Rich List. Overall, the richest 250 in the UK this year are worth £710.723 billion, compared to £658.089 billion in 2021, an 8 per cent rise in a single year.
There are 10 billionaires at the head of the 2022 Scottish Rich List with a combined wealth of £23.054 billion. More than a quarter of this is in the hands of the person topping the list.
Some faces from previous lists have slipped from the top ten, including Monaco-based Jim McColl, 70, head of Clyde Blowers, the East Kilbride engineering operation, now worth £996 million, down £4 million after a fall in the value of investments, who has lost his Rich List billionaire status.
Ranked 12 in Scotland, worth £850 million, is Harry Potter author and Edinburgh resident JK Rowling, who has added £30 million to her personal fortune since 2021.
See the list in full over on The Sunday Times.
. Rich list
Some of the richest people in Scotland - according to the Sunday Times Rich List 2022. Photo: Getty Images
. Anders Holch Povlsen
Anders Holch Povlsen, 49, heads the 2022 Sunday Times Scottish Rich List with a personal fortune of £6.5 billion, up £500 million on last year. He is now Scotland’s largest landowner with more than 220,000 acres. Holch Povlsen is owner of the Danish fashion retailer Bestseller and holds a stake of around 25% in the British online fashion retailer Asos. Photo: Tariq Mikkel Khan / Ritzau Scanpix / AFP) / Denmark OUT via Getty Images
1. Anders Holch Povlsen
Anders Holch Povlsen, 49, heads the 2022 Sunday Times Scottish Rich List with a personal fortune of £6.5 billion, up £500 million on last year. He is now Scotland’s largest landowner with more than 220,000 acres. Holch Povlsen is owner of the Danish fashion retailer Bestseller and holds a stake of around 25% in the British online fashion retailer Asos. Photo: Tariq Mikkel Khan / Ritzau Scanpix / AFP) / Denmark OUT via Getty Images
2. Glenn Gordon and family
Glenn Gordon and family, who made their money in spirits with William Grant & Sons, are worth £3.395 billion, down £200 million from last year. Photo: JPI Media
3. Kiran Mazumdar-Shaw and John Shaw and family
Kiran Mazumdar-Shaw (pictured here) and John Shaw and family are worth £2.496 billion, having made their fortune in pharmaceuticals with their company, Biocon. This is down by £446 million. Photo: Theo Wargo/Getty Images for Time Inc
4. Sir Ian Wood and family
Sir Ian Wood and family's estate has not changed in value since last year, leaving them with £1.819 billion made from oil services and fishing. Photo: Lisa Ferguson