Aberdeen Rich List 2025

GROUP 15

 

53. Doug Milne – MTM Construction – Civil Engineering

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Estimated Net Wealth £22 Million

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At 75 years old, Doug Milne remains the active Managing Director of MTM Construction, a well-established civil engineering company based in Aberdeen. Founded in 1974, MTM Construction began with a modest project: building a small cluster of houses and the surrounding road infrastructure.

Over the decades, Doug Milne has grown MTM Construction into a leading force in the region’s civil engineering sector, specializing in the construction of office blocks, residential housing, roads, and large-scale commercial developments.

The company also holds an extensive portfolio of prime development land, with future plans to construct additional housing and office complexes. As of 2023, MTM Construction reported annual sales exceeding £10 million, with declared profits of approximately £1.7 million.

With a long-standing presence in the construction industry and significant land assets, Doug Milne’s estimated net wealth stands at £22 million.

 

53. Alistair Langlands – WOODGROUP – Investments & Directorships 

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Net Worth £29 Million
 

Alistair Langlands was raised in the northern Scottish town of Forfar. Like many young boys, he initially dreamed of becoming a professional footballer. However, inspired by tales from his two great uncles—who amassed fortunes mining copper in South America during the 1920s—he envisioned launching a business of his own.

After graduating from university, Alistair Langlands joined global accountancy firm Deloitte. His career took a defining turn in 1991 when he became Chief Financial Accountant at WOODGROUP. Langlands joined WOODGROUP at a pivotal time, as the company—under Sir Ian Wood’s leadership—entered an unprecedented phase of expansion driven by the oil boom of the 2000s.

While the foundation was laid by Sir Ian Wood, it was Alistair Langlands who oversaw the most financially successful period in WOODGROUP’s history. In 2011, the company returned £1.08 billion to shareholders and sold its Well Operations division to GE for £1.75 billion.

Since departing WOODGROUP, Langlands has achieved notable success as a CEO-for-hire, building a diverse portfolio of investments and directorships. He served as Chairman of Exova Metals, where he led a £620 million sale to main competitor Element. He also held a directorship at Glacier Energy and played a key role in securing a major investment from private equity firm Averoes.

Alistair Langlands further served as Chairman and Chief Executive of international energy company Three60 Energy, further expanding his influence in the sector.

Estimating Alistair Langlands' net worth is challenging, but it is believed to be around £29 million. He owns a £4 million home in Edinburgh. During his decade-long tenure at WOODGROUP, his salary averaged £440,000 per year. He and Sir Ian Wood also received the largest tranche of share options, with an estimated value of £19 million at the point of sale.

 

27. Graham Wood – Hotels – Bars – Property Development

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Estimated Wealth: £90 million

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Graham Wood, a graduate of Robert Gordon University in Aberdeen, is a prominent figure in the hospitality and property development sectors. He is best known as the owner of The Chester Hotel, widely regarded as the finest luxury hotel in Aberdeenshire.

Beyond hospitality, Graham has a diversified business portfolio. He is a co-founder of Actiph Water, a fast-growing brand in the functional drinks market, and plays a key role in Oak Venture Capital, a private investment firm he operates alongside his brother Garreth Wood and business partner Nic Wood. As of 2024, Oak Venture Capital reported assets valued at £23.4 million, marking it as a significant player in private equity and investment in the UK.

Together with his wife, Gillian Wood, Graham founded the JEllie Foundation, a charitable organisation dedicated to supporting local charities across the North East of Scotland.

 

21. Michael Freeman – CAN Offshore | Oil & Gas Services

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Estimated Wealth: £160m
 

Michael Freeman founded the CAN Group in 1986, building it into one of the leading providers of rope access, maintenance, and asset integrity services for the global oil and gas industry. Headquartered in Aberdeen, CAN Group employs over 1,000 people and generates annual revenues exceeding £100 million.

The company carved out a key niche in the offshore sector by offering specialist inspection and maintenance solutions for hard-to-reach areas on oil platforms and infrastructure. Over time, CAN expanded its capabilities into Asset Integrity Management, helping clients monitor and mitigate the risks of equipment fatigue and failure in harsh offshore environments.

Michael Freeman’s vision and leadership have made CAN Group a cornerstone of the North Sea oil services sector and a trusted name globally in offshore engineering.

 

Rich List Number

Name

Net Worth

 

44

Ricky Simpson – Bars, Nightclubs, Property

£35M

 

29

Johanna Basford – Publishing & Bestselling Author

£90M

 

19

Leslie Benzies – Rockstar Games Visionary | Grand Theft Auto Creator | Video Game Industry Icon

£178M

 

14

Martin Dickie – BrewDog Co-Founder, Brewing Pioneer

£290M

 

7

Klaas Zwaart – Oil & Gas | Motor Racing | Investments

£560M

 

63

Colin Lawson – Transport Logistics

£18M

 

55

Stewart Proctor – Tech Industry – Motor Racing

£22M

 

50

Dan Millard – Oil & Gas Inspection and Integrity Services

£28M

 

45

Stuart Clarkson – Bars – Property Development

£32M

 

6

Dave Cormack – Software & Football

£600M

 

66

Steve Judge – Space Solutions

£10M

 

58

Considine – The Aberdein Considine Family

£20M

 

47

Eddie Anderson – ARR Craib – Transport and Logistics

£30M

 

43

Adrian Taylor & Family –Taylors Industrial Waste

£35M

 

36

Stewart Milne – Housebuilding | Property Development

£45M

 

41

Robert Kidd – Oil & Gas Rental Equipment – ITS (International Tubular Services)

£36M

 

29

Peter Tait – Fishing

£82m

 

16

Roy Macgregor - Global Energy Group

£360m

 

10

Nicky Walker – Walkers Shortbread | Food & Drink

£320m

 

5

Martin Gilbert – Finance, Investment & Consulting

£700m

 

63

Sandy Clark – Finance Expert | Investment Strategist | Corporate Leader

£8m

 

57

Paul Lawrie – Golf

£19m

 

44

Jimmy Buchan – Fishing & Seafood Supply

£32m

 

39

Ian Dunbar – Kirkwood Homes Founder & House Building Pioneer

£38m

 

33

Marshall Family – Marshall Trailers & Agricultural Innovation

£65M

 

26

Ian Suttie – Property and Oil

£90M

 

12

Douglas Craig – Craig Group | Shipping & Offshore Services

£300M

 

9

Alistair Locke – Abbot Group | Motor Fuel Group | Distilleries

£350M

 

3

Trond Mohn – Framo & One Subsea – Oil & Gas - Inheritance

£1100M

 

35

Andy Bird – Inoapps Founder & Software Development Visionary

£48M

 

65

Mike Straughen – Executive Leadership | Management Expert | Non-Executive Directorships

£10M

 

57

Eric Evans – Oil Services | Media | International Trade

£20M

 

54

Alan Massie – Carlton Rock – Property Developer

£22M

 

40

Jim Geddie – Oil & Gas – Apex Tubulars – Motor Racing

£38M

 

32

Bob Drummond – Hydrasun | D2Zero

£80M

 

23

Tommy Dreelan – Oil & Gas | Motor Racing

£150M

 

54

64. Scott Martin – CEO Glacier Energy – Accountancy MBOs

£10M

 

40

59. Mark Cavanagh – XPD8 and Oil Plus Ltd – Property Investment

£19M

 

32

Alistair Thomson – Fishing Rights | Land Investment | Property Development

£35M

 

23

Malcolm Allan – House Building Entrepreneur

£50M

 

25

John Ray – Rigblast | Property | Oil & Gas Services

£100M

 

62

Derek Nicol & Stephanie Nicol – Nicol of Skene – Civil Engineering

£18M

 

18

Doug Duguid – Oil & Gas Services & Renewables

£180M

 

17

Tony Quinn – Pet Food, Confectionery & Motorsport

£260M

 

11

James Watt – BrewDog | Brewing | Beer | Investment

£300M

 

1

Glenn Gordon – Whisky – Glenfiddich – Distilling - Inheritance

£3100M

 

59

Ean Emslie – Commercial Property Rental

£19M

 

38

Maitland Mackie 3 – Ice Cream & Agribusiness

£40M

 

28

Shaun Ross – Founder of Metrol Technology (Photo Unavailable)

£90M

 

22

Sir Jim Milne – Balmoral Group | Hotelier | Property

£158M

 

20

Tom Cross – Oil & Gas | Parkmeade Group

£160M

 

56

Steve Mackie – Prosource – I.T. Software and Corporate I.T. Services

£22M

 

49

John Heiton – OEG Group | Oilfield Equipment Rental

£28M

 

15

Larry Kinch – Oil & Gas Exploration

£285M

 

8

George Maxwell – Eland Oil & Gas | Oil & Gas Exploration

£350M

 

53

Doug Milne – MTM Construction – Civil Engineering

£22M

 

48

Alistair Langlands – WOODGROUP – Investments & Directorships

£29M

 

27

Graham Wood – Hotels – Bars – Property Development

£90M

 

21

Michael Freeman – CAN Offshore | Oil & Gas Services

£160M

 

Steven Ferguson – Ferguson Group, Oil & Gas Logistics

 

Scotoil Graham Davidson Family

 

Mackintosh Plant Hire – Moira, Suzanne, Albert, Gary, and Moira Mackintosh

 

Graeme Bone – Drum Property Group Founder | Prime Four Developer | UK Commercial Real Estate Visionary

 

Conrad Ritchie & The Ritchie Family

 

John Clark – Car Dealership

 

Sir Ian Wood – Fishing & Oil & Gas – Rig Maintenance – Philanthropy