Alex Scott and family
Scott, 57, co-founded the Institute for Family Business, where he is life president, and set up the Sandaire wealth management operation in London after leading the £350m sale in 1994 of Provincial Insurance in 1994. He was the Kendal-based insurer's last family chairman. He gives investment advice to well-off families and is a trustee of the Duke of Westminster’s (qv) Grosvenor Estate. A restructuring of the family’s companies showed Sandaire’s parent had assets of nearly £210m, with the Scotts holding a £90m stake.