Ireland's Rich List: 276-300
Published 31/03/2010 | 16:48
276. BRIAN JOYCE
Galway’s Brian Joyce did the rounds of the semi-states and held more non-executive directorships during his career than most people have hot dinners. He is thought to have made a killing when private equity player Capvest bought 57.5 per cent of the Mater Private, in a deal valuing the hospital at about €350m.
Joyce and other investors had bought into the hospital for €41m in 2000.
277. COLIN FARRELL
The former Elephant & Castle waiter and Boyzone reject picked up a Golden Globe for In Bruges last year, but his star has waned. His 2003 movie SWAT was the last to break to $100m mark at the US box office. Farrell owns properties in Dublin 4 and California
278. FRANKIE WHELEHAN
Cork hotelier Frankie Whelehan may have been one of the biggest beneficiaries when Davy private clients and TVC bought a bevy of hotels from his Choice Hotel Group.
279. STEWART KENNY
Stewart Kenny developed Paddy Power into the biggest bookie in Ireland. After a successful flotation in 2000 he stepped down to focus on spiritual matters. The Buddhist has sold close to €15m worth of stock, giving large chunks to charity and his family. He still has a sizable share in the €1.2bn valued bookie.
280. JOHN O'DONNELL
One of the trio behind Triode Investments, which runs the Spar and Mace businesses in Ireland. He owns a luxury apartment at the Four Seasons in Ballsbridge.
281. NICK FURLONG
Furlong sold his Pilton video game and DVD distribution firm to DCC for €23m in 2005, investing some proceeds in property firm Melcorpo. He returned to the rat race as part of the group that spent €32m to buy Xtravision from Blockbuster last year.
282. JOHN McGUCKIAN
€20M INDUSTRY AND MEDIA
McGuckian holds a €5m stake in UTV, and his family have been involved in industry and manufacturing up North for decades. Has stakes in ICG and other listed firms.
283. CORMAC KILTY
€ 19M BIOTECH
Dr Cormac is a leading light of the Irish biotech sector. The Cobh-born zoologist sold pharma Biotrin to Italy’s Diasorin for €25m in 2008, netting about €17m. He has other investments in the sector.
284. HOWARD KILROY
€ 19M BUSINESSMAN
Michael Smurfit's former right-hand man got €13m for his shares when the company was bought by Madison Dearborn. Kilroy, 74, has other investments plus property.
285. BRENDAN GILMORE
€ 19M WAVE ENERGY
Serial entrepreneur Brendan Gilmore, 62, has a stake in OpenHydro, the wave-power firm which has raised €52m from investors in recent years.
286. EARL OF MEATH
€ 18M LANDOWNER
His 800-acre estate on the outskirts of Bray isn't worth what it once was. Plans to build a major retail development on the land are underway. but land sales during the boom will be more than enough to keep the heating on during the cold months
287. DAVID & MARK McMAHON
€ 18M TIMBER
Limerick’s timber tycoons had a torrid year as the property and construction sectors remained paralysed. Their Derevoya holding company turned in a €4.6m loss, as turnover plunged €55m to €144m.
288. PADDY HICKEY
€ 18M PHARMACIES
The pharmacy sector isn't as healthy as it used to be. Slashed margins and falling property prices have hit the sector hard. The Hickey’s chain of chemists had sales of €55m in 2008 but lost €1.3m. Assets and shareholders’ funds of more than €55m were balanced by €39m in debt.
289. JOHN MORRISSEY
€ 18M AIRCRAFT, IT, PROPERTY
The former GPA exec shared a chunk of the €35m that RBS paid for IAMG, his aviation leasing firm, in 2001. He moved to technology and took about €8m from the €81m sale of PC game firm Havok to Intel in 2005. Then the property bug struck. He raised €20m from Bill McCabe's Oyster Group, Lochlann Quinn and others to buy prime Dublin houses and flip them. Recent figures show his Capital D company took a €12m hit on the value of its assets.
290. BRIAN CAULFIELD
€ 18M TECHNOLOGY
45-year-old Northsider Brian Caulfield has sold a bevy of IT companies. He netted about €6m in 2000 when Trintech paid €31m to buy his Exceptis Technologies. Another €7m payment came in 2006, with the sale of Similarity Systems for around €44m. He owns stakes in digital data management firm Putplace and Clavis.
291. JIM BARRY
€ 18M ROADS & ENERGY
Jim Barry roomed with EMPG's Barry O'Callaghan and financier Niall McFadden in London when starting out in finance. He's been at the helm of NTR since 2000, owning a stake worth over €12m. He may have pocketed about €6m during the toll road to solar power firm's “liquidity event”, but a €1.5m loan to collapsed property firm First Equity must rankle.
292. PETER DOLAN
€ 18M PHARMACIES
The ex-pharmacy owner turned property developer owns Jermon Developments, which is active in Eastern Europe.
293. PADRAIG HARRINGTON
€ 18M GOLF
The 38-year-old Rathfarnham man has three majors under his belt — and probably zero cholesterol, after having advertised Flora for so long. His €25m in career earnings plus endorsements and sponsorship deals, have been dented by bad investments. Harrington suggested that his portfolio had shed about 25 per cent. He held a major stake in technology company U4EA, which went into administration last July. Bank of Ireland recently decided not to renew its sponsorship deal with the golfer.
294. RONAN O'CAOIMH
€ 17M PHARMACEUTICALS
Outside his stake in the €75m-valued pharmaceutical firm Trinity Biotech, Bray man O'Caoimh has a wide portfolio of investments, ranging from owning 2 per cent of ferry company ICG to stakes in One51 and IAWS. He was part of the consortium that paid €212m for the Bank of Ireland HQ on Baggot Street in 2006.
295. PAT PLUNKETT
€ 17M OIL
Former ABN Amro banker Plunkett became chairman of Aidan Heavey's Tullow Oil 10 years ago. Their shares soared after huge discoveries in Ghana and Uganda, with Plunkett selling €6m worth of shares. He has a €9.9m stake in the company.
296. DOMINIC CONSIDINE
€ 17M SERVICES
Clareman Considine sold his Loyalty Build firm for €25 and is thought to have netted about €17m from the deal. Domhnall Slattery and hotelier Sean Lyne were also investors.
297. LOUIS WALSH
€ 17M ENTERTAINMENT
Just how smart was Louis Walsh really? Boyzone and then Westlife (let's forget about the Carter Twins) shifted about 55m album sales, plus lots and lots of merchandise — then there’s tour income. We figure Louis got a pretty decent slice.
298. JOHN COUGHLAN & JERRY HEALY
€ 17M TRIBUNALS
Lawyers have bagged €77m in fees since the tribunals started in 1997. This has created 22 millionaires. John Coughlan is the top earner with €8.9m, with fellow Senior Counsel Jerry Healy earning €8.6m.
299. NEIL JORDAN
€ 17M MOVIES
Michael Collins director and Dalkey man Neil Jordan launched a lawsuit against Mazars last year, alleging that he'd lost €750,000 investing in the collapsed ISTC on their advice. Jordan's movie list makes better reading and includes The Crying Game and Interview with A Vampire. A fallow period was reversed when The Brave One took $70m at the box office.
300. GER DOWLING
€ 17M TECHNOLOGY
Marbella-based Dowling hit the jackpot when Zamano paid almost €25m for Red Circle Technologies in 2007. Dowling took home around €12m from the deal, on top of major dividends in previous years. He is understood to have other assets in Spain as well as a text business in the Philippines.