Saturday 29 April 2017

Younger brother of Michael, Dermot Smurfit pocketed 30m when the family packaging firm was sold to private equity firm Madison Dearborn in 2003. Dermot then went on to build up his own packaging company, Finnish paper firm Powerflute. He banked 47m from selling his 15pc stake when Powerflute was sold last September, again to US private-equity firm Madison Dearborn. There are also investments in timber and financial services.

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