Place: 291 Change: + 5
Worth 2015 €30 m (20.00%)
Worth 2014 €25 m
- Industry Entertainment
Mayo pop puppet master Louis Walsh has helped create and launch three of the biggest pop music acts of the last two decades. Boyzone, Girls Aloud and Westlife have sold more than 75m albums between them, with Westlife selling 44m including 11.1m albums in the UK. Walsh will have made a serious wedge from management fees. He also made money out of Jedward. The Maserati Gran Turismo-driving impresario has a big townhouse in Dublin; he also has two apartments – one on the Irish Sea and one in South Beach, Miami. There’s also a valuable art collection. “I’ve a good few Hockneys,” he said recently as well as works by Damien Hirst and Andy Warhol, including an iconic screen print of Chairman Mao. “I have the purple one.”
He briefly owned Elton John’s vintage Rolls Royce before deciding it was too much for Dublin. Walsh got hit in the downturn losing around €10m – but asset values are returning. He also picks up a tidy €1.4m in fees for judging ITV’s X Factor.