Fashion tycoon and bus barons among Scotland's richest people

Fashion tycoon Anders Holch Povlsen has remained the richest person in Scotland for the fifth year in a row, according to The Sunday Times Rich List.

The Danish billionaire saw his fortune grow to an estimated £8.287bn over the last year, up from £7.704bn in 2025.

He is followed by whisky heir Glenn Gordon, industrialist Sir Ian Wood, car retail owner Lady Philomena Clark and transport entrepreneurs Sandy and James Easdale.

Making the list for the first time is developer Peter Hamilton, who created computer software used by the ministry of justice and Microsoft.

Povlsen is chief executive of international clothing retailer Bestseller, which was founded by his father, Troels Holch Povlsen, in 1975. He is also the largest shareholder in online fashion retailer ASOS.

As well as his fashion interests, he is Scotland's largest private landowner and an investor in the SaxaVord Spaceport.

Glenn Gordon and family, of the whisky dynasty, remain in second place with estimated wealth of £4.745bn, down from £6.398bn last year.

Industrialist Sir Ian Wood and family are in third place with an estimated fortune of £1.876bn, down from £1.914bn the year before.

Lady Philomena Clark and family, owners of car retailer Arnold Clark, are in fourth place with an estimated fortune of £1.733bn, up from £1.656bn in 2025.

So-called "bus barons" Sandy and James Easdale are ranked fifth with an estimated fortune of £1.47bn, little changed from last year when it was £1.46bn. They own McGills and Xplore Dundee.

A new entry to the list is Peter Hamilton who saved £1,300 from his job washing dishes in a pub in his teens to buy his first computer and is now in seventh place on the list with an estimated fortune of £1.081bn.

He went on to set up Halo, which uses AI to create software for businesses and is used by the ministry of justice, Microsoft, Red Bull and the University of Cambridge.

According to the list, JK Rowling's wealth has grown by £30m in a year and the Harry Potter author remains in eighth place with an estimated £975m.

Tennis star Sir Andy Murray is the wealthiest Scot under 40 with an estimated fortune of £110m, according to the list. Now retired, he owns Cromlix Hotel in Dunblane.

Topping the UK-wide list are Sanjay and Dheeraj Hinduja with a combined fortune of £38bn.

Sir David Beckham has become the UK's first billionaire sportsman, while Oasis brothers Noel and Liam Gallagher also made the list this year after a sell-out comeback tour.

Robert Watts, compiler of the Sunday Times Rich List, said: "We believe understanding where wealth lies and where it is being accumulated is an important part of a functioning democracy.

"Over the years, our research has told us a lot about our country, charting the way a generation of largely self-made entrepreneurs overtook the old money of the landed gentry.

"We know many of our readers find those rags-to-riches stories of entrepreneurs who started out with little more than a laptop and an idea particularly inspiring."

The UK-wide list found that one in six of the individuals and families who appeared on the list two years ago do not feature this time.

Mr Watts added: "Many foreign billionaires who have been living in the UK drop out because they have moved away.

"We have also seen a strong rise in the number of British nationals now resident in Dubai, Switzerland and Monaco. As UK nationals these people remain on our rich list, wherever they now live."