Sunday 20 October 2019

Brian McCarthy and Family

Place: 48 Change: + 8

Brian McCarthy and Family

Brian McCarthy and Family

Worth 2019 €360 m (18.03%)

Worth 2018 €305 m

  • Industry Finance

Dublin-born former assistant bank manager Brian McCarthy (74) founded Fexco in Killorglin, Co Kerry in 1981. It employs 2,300 people around the world and owned a large stake in Goodbody Stockbrokers which was sold to Chinese investors for over €150m last year. Fexco also owns a minority stake in Airborne Capital, an aviation leasing firm.

McCarthy's children, Denis and John, now own their father's shareholding in the business, which processes more than €14bn of transactions a year. Its last accounts for 2017 showed a cash pile of €181m, with €314m of accumulated profits. It booked a €19.3m profit on €211.8m of revenues.

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