Sunday 22 October 2017

Last year, dancer Flatley (57) put his Castlehyde estate on the market with a price tag of around €30m. He'd spent an estimated €50m renovating the Cork stately home more than the last decade and it features stuff like an earthquake proof garage for his classic car collection and a multi-storey library for his collection of rare books.

He's thought to be considering building a seaside beach villa across the border in Kerry. Flatley is spending most of his time abroad as his entertainment business continues to bring in good money.

The Chicago-born dancer, whose family come from Carlow and Sligo, made his breakthrough starring in Riverdance. He then struck out on his own with the Lord of the Dance show, which has circumnavigated the globe several times.

There are three Lord of the Dance troupes playing shows from the US to China or Bulgaria and the operation now employs 300 people. It's exceptionally high margin, making 41 cent out of every euro spent on tickets. More than 60m people have seen the extravaganza. He even planned to float his Las Vegas-headquartered Unicorn entertainment at one stage to cash in on the popularity.

Flatley is retiring from dancing and becoming an artist. His paintings have already netted him €1m following an exhibition in London last summer. He owns valuable real estate in the Caribbean, New York,

Beverly Hills, London and Villefranche.

He doubled his money on a Knightsbridge home last year, buying it for €4m in 2005 and flipping it for almost €9m. He then spent €22m buying another town house in Belgravia. The 58-year-old is also said to be an investor in Warren Buffett's Berkshire Hathaway, but shares have fallen 10pc in the last year.

Online Editors

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