Rich List

Danish billionaire Povlsen retains Scots richest crown

Asset growth: Povlsen owns the Jenners building and Aldourie Castle

Danish landowner and business leader Anders Povlsen has retained his position at the top of Scotland’s rich list after seeing his wealth balloon by more than £1.2 billion in the past year.

The owner of the Jenners building in Edinburgh also has a 25% stake in online fashion chain Asos which has seen its value rocket after acquiring a number of brands such as Top Shop and Miss Selfridge from Sir Philip Green’s collapsed Arcadia group.

The bulk of Mr Povlsen’s wealth stems from the Denmark-based fashion retailer, Bestseller, which owns the Jack & Jones and Vera Moda brands among others.

Mr Povlsen is a major landowner in Scotland, his interests centred on the 43,000-acre Glenfeshie estate in the Cairngorms. He has 12 further estates in the country and is a prominent advocate for rewilding – allowing native species to become reestablished, including native woodland and animal species. He owns Aldourie Castle in the Highlands.

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