Switzerland-based financier O'Shea made good money from recruitment with his Atlantic Rimec group. He moved into private equity, with his Kerten Group investing in hotels, clothing, property and engineering businesses across Eastern Europe, Africa and Turkey.
It also owns part of Turkey's biggest chocolate maker Elit Cikolata as well as a 10pc stake in Poland's largest car parts maker Fota. In January, Geneva-based O'Shea (50) launched a new business-hotel chain, Cloud 7, focusing on Eastern Europe, the Caucasus and the Middle East. The chain will be geared at "tech savvy" travellers.