Tuesday 20 August 2019

Derek Richardson

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Derek Richardson

Derek Richardson

Worth 2019 €60 m (-11.76%)

Worth 2018 €68 m

  • Industry Insurance

Cork-born Monaco-resident Derek Richardson (56) is the main shareholder in Wasps rugby union club and made his money through online insurance. He sold 123.ie to RSA a few years back - netting himself €52.5m. Most recent accounts for the company which controls Wasps and the Ricoh Arena - Wasps Holdings Ltd - show its annual pre-tax losses had doubled and the group was still reliant on support from its millionaire owner Richardson.

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