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.
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.
. 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
5. Mohamed Al Fayed and family
Mohamed Al Fayed is an Egyptian-born businessman whose residence and chief business interests have been in the United Kingdom since the late 1960s. Fayed's business interests include ownership of Hôtel Ritz Paris and formerly Harrods department store and Fulham F.C., earning him and his family a net worth of £1.699 billion, down by £1 million from last year. Photo: Pascal Le Segretain/Getty Images
6. Mahdi al-Tajir
Bahraini-Emirati businessman Mahdi al-Tajir, owner of Highland Spring, is worth £1.687 billion, down by £2 million in 2022. He splits his time between his London home or at Keir House, his 18,000-acre Perthshire estate. Photo: Alan Richardson Pix-AR.co.uk
7. The Thomson family
Based in Dundee, the Thomson family heads up media company DC Thomson, with a net worth of £1.585 billion, up by £314 million from last year. Photo: DC Thomson
8. Sandy and James Easdale
Brothers Sandy and James Easdale made their money in transport and property, with a combined net worth of £1.363 billion. They are a new entry to the Scottish Rich List. Photo: Ian MacNicol/Getty images