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.