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Tom Bruce-Jones and family
Timber
Rank 2017
21
Worth
£300m
Rise/fall
£166m
Captain Scott’s exploration vessel Discovery was built in 1901 using timber from James Jones & Sons. The business, based in Stirlingshire, is Scotland’s largest independent sawmill operation, tracing its roots back to the 1830s. Bruce-Jones, 75, is chairman of the company, which also has a foundry and engineering division. The fifth generation of the founding family is now running the £209m enterprise, valued on the basis of £28.5m profits on £132.8m sales in 2015, plus a strong balance sheet showing £171.1m net assets. Dividends and other interests add £10m.