Seven billionaires on Rich List in Scotland

http://www.bbc.co.uk/news/uk-scotland-27363200

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Scotland has seven billionaires living in the country or with substantial business interests, according to the 2014 Sunday Times Rich List.

The number of billionaires recorded in the list has risen north of the border, from six last year.

The Grant-Gordon whisky family tops the Scottish element of the list with a fortune of £1.9bn.

There are now 104 billionaires based in the UK with a combined wealth of more than £301bn, the list says.

The Grant-Gordon Banffshire distilling family have ousted Mahdi-Al Tajir from the top spot in Scotland.

Al-Tajir, whose interests include a development of luxury homes at Gleneagles, is worth £1.67bn, according to the list.

Sir Brian Souter and Ann Gloag, the siblings who founded the Stagecoach transport empire, have become members of the billionaire club for the first time.

They share a fortune of £1bn - an increase of £270m on last year.

Other Scots on the super-rich list are Sir Ian Wood and family whose £1.32bn fortune comes from oil services and fishing, and the Thomson family, owners of publisher DC Thomson, who are worth £1.2bn.

Former Harrods owner Mohamed Al-Fayed, who owns an estate in the Highlands, is estimated to be worth £1.3bn, while Jim McColl, of engineering business Clyde Blowers has an estimated fortune of £1bn.

The study found that Britain has more billionaires per head of population than any other country, while London's total of 72 sterling billionaires is more than any other city in the world.

Indian-born brothers Sri and Gopi Hinduja top the list of the UK's wealthiest billionaires with a fortune of £11.9bn.

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