But there are also many successful individuals, such as Ian Rankin, Lewis Capaldi and Susan Boyle, who call Edinburgh and the surrounding area home all year round.
Businessmen and entrepreneurs top the list of the most wealthy, with eye-watering fortunes, but there are plenty more millionaires who make the list.
From chart-topping singers to bestselling authors, here we look at 15 of the wealthiest people in Edinburgh and the Lothians, in no particular order.
13. KT Tunstull
Edinburgh-born singer-songwriter KT Tunstall is worth around £10 million, thanks to worldwide hits including Suddenly I See and Other. Side of the World Photo: Third Party
14. Sir Tom Farmer
Born in Leith, entrepreneur Sir Tom Farmer founded Kwik Fit and is the former owner of Hiberian Football Club. His estimated worth is around £126 million. Photo: Third Party
15. Irvine Welsh
Welsh said it was important to keep 'an open mind' about a new culture Photo: Third Party
16. Ian Glen
Edinburgh-born Game of Thrones actor Ian Glen, who recenly starred alongside Martin Compston in The Rig, has a net worth of £3 million, according to celebritynetworth. Photo: Third Party