The 2024 Sunday Times Rich List has been revealed with Anders Holch Povlsen once again named the richest man in Scotland.
The annual Rich List charts the wealth of the 350 richest people in the UK based on factors including land, property and other assets, with this year’s publication revealing the largest fall in billionaires in the guide’s history.
In spite of this, the individuals and families included in the 2024 edition still hold a combined wealth of £795.361 billion – a figure which is higher than the annual GDP of Poland.
For the third year in a row, Gopi Hinduja and his family top the Sunday Times Rich List with a wealth of £37 billion while some, including Sir Lewis Hamilton and David Moulsdale – the founder of the Glasgow-based laser eye surgery business Optical Express – make their Rich List debuts.
Meanwhile, Danish fashion billionaire Mr Povlsen is once again Scotland’s wealthiest individual as well as being its biggest landowner, with JK Rowling also among the richest Scottish people included on the 2024 Rich List after her wealth increased by £70 million in the last year.
It’s also notable that not all of the wealthiest individuals in Scotland who made the 2024 Sunday Times Rich List are billionaires, as a result of the overall fall in numbers.

5. Lady Philomena Clark and family — £1.581 billion
The owners of motor industry giant Arnold Clark, Lady Philomena Clark and family are worth £1.581 billion – a decrease of £310 million from last year. | JPI Media/John Devlin (Lady Clark) / Adobe Stock (Arnold Clark)

6. Sandy and James Easdale — £1.45 billion
The brothers behind independent bus company McGill’s, Sandy and James Easdale are among Scotland’s wealthiest people with a fortune of £1.45 billion, which is up £25 million from last year. | Getty Images

7. The Thomson family — £1.367 billion
The Thomson family, who are behind media company DC Thomson, have a fortune worth £1.367 billion which is down £90 million from 2023. | Getty Images

8. JK Rowling — £945 million
Harry Potter author JK Rowling’s wealth has increased by £70 million in the past year, with the Edinburgh resident now worth £945 million. | Getty Images