In Scotland, retailer Anders Holch Povlsen held on to the top spot with a net worth of nearly £8 billion – an increase in wealth of £974m from last year.
Sir Ian Wood and JK Rowling also featured in the top 10 list in Scotland with a net worth of £1.91 billion and £945 million respectively.
Robert Watts, compiler of the Sunday Times Rich List, said: “The Sunday Times Rich List is changing. Our billionaire count is down and the combined wealth of those who feature in our research is falling. We are also finding fewer of the world’s super rich are coming to live in the UK.
“Our research continues to find a wide variety of self-made entrepreneurs building fortunes not just from artificial intelligence, video games and new technologies but also mundane, everyday items such as makeup, radiators and jogging bottoms. We know many of our readers find these people and their stories inspiring — especially the many who had tough starts or setbacks to their lives and careers.”
Here is the list of the 10 richest people living in Scotland in 2025.
9. Lord Laidlaw
Lord Laidlaw has an estimated fortune of £730 million - down £11 million from last year. Lord Laidlaw founded the Institute for International Research Ltd (IIR) and sold the company in 2005 for over £750 million. He is the 10th richest person in Scotland and is placed 209th on the UK list | Bruce Thomas
10. Glenn Gordon and family
Coming in at 2nd place on Scotland's rich list 2025 is Glenn Gordon and family who head up William Grant & Sons - the company behind a range of global brands including Drambuie, Glenfiddich and Grant’s. They have a combined wealth of £6.398 billion - an increase of £779m from last year | Google Maps