Thursday 5 December 2019

Philip O'Doherty

Place: 88 Change: + 5

Philip O'Doherty

Philip O'Doherty

Worth 2016 €163 m (25.38%)

Worth 2015 €130 m

  • Industry Industry

Dubai-based O'Doherty owns most of Donegal manufacturing group E&I, which makes specialist switching gear and power distribution equipment for the energy industry.

It's the biggest manufacturer in Ireland and the UK and has just expanded with a new factory in South Carolina. E&I has exceptionally high margins, making pre-tax profits of €29m in 2014. Derry City FC chairman O'Doherty (55) has bagged the bulk of nearly €63m in dividends paid out over the last four years.

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