Founder of Heriot's Hospital, a splendid educational establishment in his native city, Edinburgh; was a prosperous goldsmith there; did work for Anne of Denmark, consort of James VI. of Scotland; in 1603 removed with the court to London and combining banking with his other business, he amassed a great fortune, and, dying childless, left his property to found and endow the educational institution referred to, and which still bears his name; in 1837 the accumulated surplus funds were utilised in establishing 10 free schools in Edinburgh, which, however, were closed in 1885, and the original Hospital reconstructed as a secondary and technical school, while a portion of the funds was used in subsidising the Heriot-Watt College and in founding bursaries (1563-1624).