Friday 19 January 2018

Political animal Ganley (47)

made his fortune as the Iron Curtain fell, through timber in Latvia and the former Russian republics. The Galway man moved into telecoms building up an extensive broadband empire in Central Europe and Spain before selling out for a bumper cheque.

Rivada, which was born out of the communications difficulties during the 9-11 terror attacks, could dwarf them all as it has a brilliantly smart way of dealing with declining bandwidth space. Facebook and Paypal backer Peter Thiel was one of those who put €50m into the company last year valuing it at €500m. Ganley owns almost 50pc.

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