Save Type Surname (from given name) Usage Scottish Pronounced Pron. /mə.ˈkreɪ/ [key·simplify] Meaning & History From Gaelic Mag Raith meaning "son of Rath", a given name meaning "prosperity" or "grace". Related NamesDetails VariantsMacRae, McCrae, Rae(Scottish) Mag Raith(Scottish Gaelic) Other Languages & CulturesMag Raith(Irish) Categories ballerinos, fortune, isograms, virtues, wealth