Investor writes off separation
Mellon says ‘zero’ chance of Scots independence
One of Scotland’s richest men has stated that the chances of Scottish independence are “zero”.
Jim Mellon, once described as Britain’s answer to Warren Buffet, is also betting on the pound to rise against the euro.
In a Tweet this morning he said he was “loading up” ahead of a rise in sterling, and wrote off the SNP’s chances of gaining independence.
The US-based investor who also has homes in Belgium and Ibiza, is valued at more than £850 million and is a friend of UKIP’s Nigel Farage.
Last year, at a presentation in the New Club, Edinburgh, he predicted the break up of the eurozone, claiming the one-size-fits-all policy does not work.
He began his career in finance as a fund manager in Hong Kong.