Dragons’ Den entrepreneur Duncan Bannatyne plans to donate his £310 million fortune to charity before he dies.

Duncan, a panellist on the BBC2 show, began his entrepreneurial career with a second-hand ice cream van, and went onto build a business empire of health clubs, hotels and a bar.

But the Scot wants others to share in his good fortune. He aims to help charities around the world through his Bannatyne Foundation and is looking for causes to help.

He told The Herald: “It’s my ambition to give away all my money before I die, not after. This means that £310 million should be going to charity, though I hope to make that half a billion by the time I die.

“The foundation was established earlier this year and we’re just looking for things to do. Not just projects in Great Britain, but worldwide.”

He made the pledge while in Glasgow to promote Easterhouse charity Fare, to which he’s already donated money. He said the area reminded him of where he grew up and called for action to tackle the conditions in such communities.

He said: “It very much reminded me of my own childhood and how I was brought up.

“These kids are even more deprived than I was and it shouldn’t be happening now – my childhood was 50 years ago, and this should be stopped now.”

The father-of-six has long been involved in fundraising and was awarded an OBE in 2004 for services to charity.