Tuesday 6 December 2016

Judgment shows not even O'Reilly beyond a reversal of fortune

Published 28/06/2014 | 02:30

Tony O’Reilly with Garret FitzGerald and Henry Kissinger
Tony O’Reilly with Garret FitzGerald and Henry Kissinger

There is a real sense of shock among many people that Anthony O'Reilly has found himself on the wrong side of a High Court judgment and been forced to sell so many of his personal assets – including all three of his Irish homes.

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We have seen multi-millionaire developers and others crash spectacularly in the last five years. But many people have held a perhaps naive notion that something like that simply couldn't happen to O'Reilly, that he was somehow beyond all that.

O'Reilly was not only so rich for so long, but he appeared to embody the wealth, power and lifestyle of a billionaire of international standing. His image, his stature, his charm and his confidence create a real air of invincibility about him.

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