Monday 9 December 2019

Freddie Linnett and Family

Place: 19 Change: + 1

Freddie Linnett/Hugh Murphy

Freddie Linnett/Hugh Murphy

Worth 2016 €745 m (5.67%)

Worth 2015 €705 m

  • Industry Property

Freddie Linnett (66) was once considered to be the second richest woman in Britain after Queen Elizabeth. Her uncles, Hugh and Paddy Murphy, who came from Armagh, left her a 32pc stake in property group Charles Street, which is a huge landlord in the UK.

She started as the tea lady before rising to the top. Chief executive Hugh and his wife Mary Murphy own around 49.2pc of the shares in the Charles Street (Leicester) holding group, with the extended family holding the remainder.

The company owns six million square feet of property in the UK, which is let out to state and blue-chip tenants, with a rent roll of €50m-plus per year. The company values its properties at €741m.

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