Wednesday 16 August 2017

Chicago-born Flatley, whose parents hailed from Carlow and Sligo, is trying to sell his Castlehyde estate in Cork, which he lovingly restored while adding mod cons that only a multimillionaire could need such as an earthquake-proof garage for his car collection and a multi-storey library for his rare book collection. He spent up to 50m on the work over a decade, according to reports, yet at one stage had reduced the sale price from 30m to 20m. Flatley made his name in Riverdance but then struck out on his own to create Lord of the Dance, which has toured the globe numerous times.

It has been a substantial operation, employing 300 and making profits of up to 40pc on ticket sales, having played to tens of millions. At one stage, there was talk of him floating his Vegas-based Unicorn Entertainment to cash in on its success. He did his final tour last year but continues as creator, producer and choreographer of Lord of the Dance: Dangerous Games.

Nowadays Flatley is creating one-off paintings that sell for up to 340,000, many of which involve him essentially dancing with paint on his feet, or “portraying the fluid movement of dance on canvas”.

From a base in London, he also owns valuable properties in the Caribbean, New York, Beverly Hills and Villefranche. It's believed he has shares in Berkshire Hathaway, which have risen by 20pc in

the past year. The properties and other assets will have increased in value in the

past year too.

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