Last March, Eddie Haughey — Lord Ballyedmond — perished when his private helicopter crashed at his Norfolk estate. Haughey, born in Louth, was Northern Ireland’s best-known industrialist and perhaps its richest man.
He made his fortune in the animal pharmaceutical business, with his Norbrook laboratories at the forefront of innovation. Sales were good and Haughey assembled a valuable array of assets ranging from a €50m home in London’s Belgrave Square, to castles in Cumbria and Rostrevor. There was also an island on Lake Victoria in Tanzania, a collection of fine vintage cars and a Ferrari as well as art works and antiques.
Haughey’s widow Mary (67) and sons James (34) and Eddie Jr (35) have cemented control of Norbrook, which was widely expected to be sold after his death. Former Sisk boss Liam Nagle was recruited to run the show. Inheritance taxes are likely to have made a dent in the fortune.