Wednesday, April 29, 2009

Ireland's Top 5 Richest People.

The Sunday Times newspaper has published its popular annual Rich List, detailing the top Irish earners and how much they are really worth. One most notable things about the 2009 list is the losses being suffered by the Irish super-rich. In this survey all the Irish born people are eligible.

1. Hilary Weston & Family Retailing (£4,500M)
Weston and family owns Hotel Renfrew stores and Brown Thomas In Ireland & Canada. They have a well connection of Irish and Canadian background. They also own real estate. Galen Sr, owns 63.5% of George Weston,One of north America's Largest Food Processors.







2. Sean Quinn (£2,295m)
He lost £1 Billion by buying 25% Anglo Irish Bank Up as recession proved that it was a wrong decision. He owns Quinns Group which generates about £300m In post-tax profit a year. He Owns Quinn Healthcare, building product companies,landfil sites, glassmaking operations,pubs and hotels.







3. Denis O'brien (£1,734m)
He owns Bermuda-based Digicel Group mobile phone companies, operating in 31 countries which worths £1.2billion. He also owns Independant News & Medis. Across europe which worth around £40m.








4.Dermot Desmond (£1,421m)
He made his fortunes through Finance. His Company IIU Nominees, built a stake of £15 million in the Bank of Ireland and the AIB. He also has 37% stake in celtic football Club.






5.John Dorrance (£1,247m) Dorrance, 59, heads the Irish list for the seventh year even though the falling value of the dollar has knocked £68m off his fortune. As American, he inherited shares in Campbell soup company, the food giant built on his grandfather's innovation condensed soup-in 1989.




Source: Irish Times 2009, 26th April

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