Simon Augustine Fraser, Master of Lovat
(28 August 1939–26 March 1994) was the son of 15th Lord Lovat
and the former Rosamond Broughton. He predeceased his father, and his son Simon inherited the Lordship of Lovat in 1995. He died while hunting.
Simon spent around 3 years in the Scots Guard
, mostly overseas.
During his life, he accumulated an estimated seven million pounds sterling
(£7,000,000) in debts. As a result, upon his father's death in 1995, the family estate of Beaufort Castle
was sold, for around £1,500,000. His son, Simon, has voiced his determination to buy it back.
Simon had business interests in salmon aquaculture and smoking salmon in Maine, USA and Scotland. He was an investor in vineyards in Australia. He had some small interest in oil in North Africa. His debts may have been more a matter of bad timing than poor business insight. In any event if he had lived it is quite possible, by examining his areas of investment in retrospect, that his heavy debt would have been counter-balanced by business asset growth and income. ( source: business associate)
Simon married Virginia Grose, and together they had four children: