Stuart MacDonald
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THE rise of the no-frills airline sector has seen Tom Dalrymple, the Scottish founder of the Flyglobespan group, become one of the richest people in Britain, according to an extended version of The Sunday Times Rich List published today.
The 63-year-old, whose firm is this year adding services to Cyprus and Canada, has seen his personal worth soar to £75m, making him the joint 1,049th richest person in the UK.
He started the Edinburgh-based company - of which he is executive chairman and sole owner - in 2002, and it now has 21 aircraft serving 70 routes with a turnover of about £280m a year.
Dalrymple is included on a new list of the wealthiest individuals in Britain published on Times Online. On Sunday, The Sunday Times published its annual list of the 1,000 richest people in Britain, with Sir Tom Hunter, the retail tycoon and philantrophist, being the highest placed Scot at 68th with a £1.05 billion fortune.
The new list featuring Dalrymple tracks the worth of the richest people between 1,000th and 2,000th place. It is the most comprehensive roll of Scottish wealth ever published, and shows a total of 159 Scottish-born or Scottish-based entrepeneurs are among the richest 2,000 in the UK.
The highest placed Scottish-based businessman outside the top 1,000 is Ian Scarr-Hall, whose GSH Group, a facilities management company, supplies corporate clients including Ikea and Marks & Spencer. Scarr-Hall, who in 2003 took over Amhuinnsuidhe Castle on the Hebridean island of Harris after he helped fund a community buy-out of the North Harris estate, is placed joint 1,043rd with a £76m fortune. Closely behind him on £75m are Dalrymple, Alan MacDonald, chairman of Dawn Group, the Prestwick-based construction business, and Iain Wotherspoon, who sold his 50% stake in Kilmartin, the Edinburgh property group last year. They are placed 1,049th on the UK list.
New entries on the Rich List courtesy of the extra 1,000 places include Stefan King, the nightclub tycoon who is worth £46m and placed at 1,612th, and David Coulthard, the Formula One racing driver, and his business partner Ken McCulloch, the hotelier, who are both valued at £45m.
Those in the £50m bracket include Willie Haughey, the refrigeration magnate and former Celtic director, Gordon Ramsay, the celebrity chef, Douglas Park, the car dealer, and the Moffat family, founders of the AT Mays travel agents, who last year announced they were giving away more than £50m of their wealth to good causes.
Michelle Mone and her husband Michael, creators of the Ultimo bra range, also make the list with a £40m fortune, the same figure as the family of the late hotel tycoon Sir Reo Stakis, and Ken Cairnduff, the retailer who made his name with the Internationale and Au Naturale stores.
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