Ireland's Rich List: 101-125
Published 31/03/2010 | 16:34
101. THE WILSON FAMILY
Fred Wilson, who died in February aged 84, was one of the North's most successful industrialists, building the Larne-based FG Wilson electrical engineering firm into a highly successful enterprise. The company was sold for €79m to Emmerson Electric in 1995 and Wilson moved on to other ventures, including a golf buggy business.
102. EILEEN MONAHAN
Sligo solicitor/developer, Eileen Monahan is a member of the Doyle family, owning a near €95m stake in the hotel business. She developed a shopping centre in Sligo but became involved in litigation with Brendan Murtagh's Howard Holdings over projects in Poland and Cork. We assume there are borrowings associated with the projects.
103. KEN CHEEVERS
Stakes in shopping centres in Northern Ireland and the €238m McLaughlin &Harvey civil engineering firm, add to the 73-year-old Antrim man's wealth from car distribution and previous earnings.
104. GEOFF SALTERS FAMILY
Geoff Salters died suddenly in January. He was one of the biggest drinks and goods distributors in Northern Ireland co-owning SHS with Joe Sloan and making a fortune out of the revolting WKD alcopop.
105. HUGH GREEN
Donegal-born Hugh Green is one of the shrewdest investors in New Zealand, holding major stakes in quoted firms Hellaby, Dorchester group and Briscoe.
Green's construction firm Green & Cahill owns large blocks of property and is a serious building firm. The businessman, who is in his 70s, makes an annual trek back to Ireland for the Galway Races
106. LEO CRAWFORD
Crawford led a €390m management buyout at food and drink wholesaler BWG in 2006. The company now manages over 1,000 Spar and Mace stores in Ireland and the UK, generating sales of €1.3bn last year. We assume a large rump of debt associated with the buyout remains, but BWG must be worth close to €500m now.
107. PETER FITZGERALD
€80M INFORMATION TECHNOLOGY
Armagh-based protein microchip firm Randox is 98 per cent controlled by the 59- year-old. Fitzgerald, a keen hunter, rarely takes dividends. Every second of every day 75 tests are carried out globally using Randox products, according to the blurb.
108. PETER SUTHERLAND
Consummate Dublin 4 diplomat cum financier, Sutherland chairs Goldman Sachs International. At one stage it was thought that he owned as much as 0.5 per cent of the company, but the stake is believed to be smaller. Vast bonuses and pay (which averaged out at almost €5m in 2007) add to his previous earnings as former chairman of BP and RBS
109. RONAN LAMBE
Dr Ronan Lambe founded clinical research firm Icon with John Climax in 1990, floating it on Nasdaq. Lambe has sold over €85m worth of shares before tax and retains a small stake. He also has a string of racehorses trained by the legendary Dermot Weld.
110. DAVID O'REILLY
Ballsbridge-born O'Reilly stepped down from huge oil outfit Chevron last Christmas after nearly a decade at the helm. Between shares, options and a really huge salary, he earned close to €90m before tax. He has other assets. His brother John used to be CEO of Paddy Power bookmakers.
111. FRANK O'KANE’S FAMILY
Private jet owning bon viveur Frank O'Kane died suddenly in 2008. Along with his partner Joe Morgan he had built up Mercury Engineering into one of the biggest electrical engineering firms in the country, with sales somewhere north of €400m. O'Kane left an estate of €108m, of which the taxman may get a share.
112. ANDREW CREIGHTON
Ex-plumber Creighton, 48, owns a stake in Belfast property firm Brunswick and in William Ewart, which has shopping malls in London, Edinburgh and Hampshire.
113. JAY MURRAY
Veteran technology investor Jay Murray started off digging trenches for Telecom Eireann and Bord Gais. He changed direction and snagged €30.5m when his sms software firm Aldiscon was bought by Logica in 1997. He was also a big winner when Phone.com spent €240m buying Apion in 1999. He has stakes elsewhere.
114. JOHN NOEL NOONAN
€75M CONTRACT CLEANING
Noonan and family received €90m before tax when his Rathmines-based contract cleaning and facilities management company Noonan Services was taken over in a deal backed by Alchemy Partners.
115. NEIL O'LEARY
What a year it's been for Ion Equity co founder Neil, er, Cornelius O'Leary. He shared €15m from the divvy up of Ustedes and swiftly followed that up by offloading SWS to Bord Gais for about €550m. He took home about €40m from that deal.
O'Leary's private equity firm is also behind Topaz petrol stations (bought for €220m). Topaz had sales of €3bn in 2009 and assets of €384m. The acquisition debt pile is shrinking nicely. Usit and Pillo hotels are also part of the stable.
116. MICHAEL COSTELLO
Tipperary businessman Costello sold his majority stake in generic drug business Pinewood to Indian firm Wockhardt for €113.9m in 2006.
117. KEVIN McHUGH'S FAMILY
Donegal mega fisherman McHugh died in 2006. He left the bulk of his €72m fortune to his family. There were other assets.
118. JOHNNY & PATSY BYRNE
The London-based concrete framework company Byrne Group is owned by the brothers, who were part of the Drumaville consortium that owned Sunderland FC for a period. Byrne Group ha pre-tax profits of €9.1m according to latest accounts.
119. SMYTHS FAMILY
The Galway Smyth family own the eponymous toy store chain. A €14.1m management fee in the good times has somewhat offset dreadful trading conditions. Four brothers own 94 per cent of the company, which has 26 shops in Ireland and 13 in the UK. Many of the premises are owned by the family
120. PINO HARRIS
Robert ‘Pino’ Harris and brother William own Ireland’s Iveco, Hino, Kia and Isuzu franchises. He’s one of the owners of Aristotle Onassis' €65m yacht the Christina O. Harris won a €9m lawsuit against the Revenue Commissioners over tax treatment for the yacht.
121. McCANN FAMILY
€70M FRUIT DISTRIBUTION
Carl and David McCann run the McCann family interests, which spread from major stakes in Fyffes, Total Produce and Blackrock Land International. These stakes are worth about €46m. Large dividends in previous years plus a portfolio of many listed Irish companies as well as large property interests adds to their wealth.
122. NOEL O'CALLAGHAN
Hotelier and developer Noel O'Callaghan owns the Davenport, St Stephen’s Green Alexander and Mont Clare hotels in Dublin, as well as hotels in Annapolis in the US and Gibraltar. The stud farm boss, 60, was also behind the controversial Dublin redevelopment of the KBC bank.
123. McEVADDY BROTHERS
How rich are Des and Ulick McEvaddy? The aviation tycoons’ Omega Aviation refuelling business works closely with the USAF and RAF. The numbers are top secret. The brothers are also developing a €700m airport business park in Germany.
124. JOE MORGAN
Morgan set up Mercury Engineering with the late Frank O'Kane in 1972, with the company becoming one of the country's largest electrical engineering firms.
125. MAUREEN WHEELER
€70M TRAVEL GUIDES
Belfast-born Maureen Wheeler and hubbie Tony re-invented travel guides with Lonely Planet. BBC Worldwide coughed up over €71m for a 75 per cent stake in 2007. The Wheelers have retained a 25 per cent stake.