Wednesday 20 September 2017

Heir to the brewing fortune of the same name, Kildare-born Ned Guinness, also known as Lord Iveagh, has seen the family stake in drinks giant Diageo increase in value by about 62m in the past year.

Said to own a green vintage Rolls Royce from 1928, he is also one of Britain's biggest private landowners, as his vast Elveden estate in Suffolk covers 22,500 acres and grows potatoes and 10pc of all the onions consumed in

the UK.

In recent years, Guinness emerged as a backer of Irish firm Blueface, which provides internet-based phone services to businesses and expanded into the US, Spain, Germany and France last year.

There is also property in Britain and Canada — its British Pacific Properties owns over 2,000 acres and specialises in high-end housing in and around Vancouver, which is likely to have increased in value, as will have any other family wealth and assets.

Online Editors

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