Former boss of Eagle Star left legacy worth £14m

SIR Denis Mountain, the colourful businessman who become a Highland laird, left a £14 million legacy, it emerged yesterday.

Sir Denis, who died last year aged 76, served as chairman and managing director of insurance giants Eagle Star, and was later one of Britain's foremost cattle breeders.

But new documents reveal he was worth more than 14.5 million when he passed away in October at Aberdeen Royal Infirmary.

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His estate includes a stocks and shares portfolio valued at 10 million, inherited by his three children - Georgina, William and Edward.

They will also share in over 4 million worth of property in Scotland and England, including the family's Delfur Estate, near Rothes in Moray.

Sir Denis was at the helm of Eagle Star Insurance from 1967 until it was bought over by conglomerate British American Tobacco in 1984.

The insurance giant was founded by his grandfather Sir Edward, who began his financial career in 1904 working as a clerk earning 20 per week.

Sir Denis sold Eagle Star in a deal worth 968 million.

He joined the family firm in 1956 after making a name for himself as a skilled negotiator in the marine insurance market.

After retiring from business, he built up a prize-winning herd of Simmental cattle at his Highland estate.

The 250-strong herd was regarded by many experts as one of the finest examples of the breed in the UK.

The financier spent the last 20 years of his life indulging his taste for sport and often went shooting big game in Africa.