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.

9. Sir Brian Souter and Dame Ann Gloag — £815 million
Sir Brian Souter and Dame Ann Gloag, the founders of Stagecoach Group, share a fortune of £815 million – up £35 million from last year – which sees them make the top ten of Scotland’s richest people. | Getty Images

10. Lord Irvine Laidlaw — £741 million
Finally, the tenth richest person in Scotland is Lord Laidlaw with a personal fortune of £741 million. Originally from Keith in Moray, Lord Laidlaw founded Institute for International Research Ltd (IIR), a conference and training company, as well as building a property company, investing in sustainable energy and maintaining other charitable pursuits. Several buildings have such built as a result of this charity work, including the Laidlaw Music Centre at St Andrews University. | Paul Zanre/Contributed