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Wednesday 13 December 2017

Ed Haughey left €472m in legacies

Businessman's €4m will in Dublin is small change compared with estate left in the north

HIGH VALUE ESTATE: Edward Haughey pictured right in 1996 with his namesake (but no relation), Charles Haughey
HIGH VALUE ESTATE: Edward Haughey pictured right in 1996 with his namesake (but no relation), Charles Haughey
Liam Collins

Liam Collins

The Irish businessman and senator Edward Haughey, who was tragically killed in a helicopter crash in Norfolk in 2014, has left estate valued at more than €4m in the Republic, according to documents filed in the probate office in Dublin last week.

That is dwarfed by the £399m (€468m) value of the estate left in his Northern Ireland will which went to probate three years ago and included his interests in the Norbrook Laboratories, castles in Northern Ireland and England, a trophy home in central London and other investments.

It is likely that the bulk of the estate left in Dublin relates to his elegant town house at No 64 Fitzwilliam Square in Dublin, formerly the home of south county Dublin landowner Sir John Galvin. The house was one of only two private residences in Fitzwilliam Square at the time - the other owned by Sir Anthony O'Reilly. Haughey lavishly renovated the four-storey over-basement town house and restored a large Georgian mural said to date from the 1820s.

Appointed to the Irish senate by Albert Reynolds in 1994 and to a further term by Bertie Ahern, it is said that after attending sittings of the Seanad Eireann he invariably hosted a lavish dinner party attended by socialites and politicians at his Dublin home.

He was conferred with the title of Baron Ballyedmond in the Queen's Honours List of 2004, taking the title from his castle on the shores of Carlingford Lough. Mr Haughey was one of the few people to sit in the upper houses of both parliaments, emulating Guinness heir Lord Iveagh in the 1970s and Lord Longford in the 1950s.

Documents lodged in Dublin last week state that Edward (Enda) Haughey, of Ballyedmond Castle, Restrevor, Co Down, left estate this side of the border valued at €4,317,149, with probate granted to his wife Mary Gordon Haughey.

Born at Kilcurry in Co Louth in January 1944 and educated at CBS Dundalk, he emigrated to America and worked in pharmaceuticals. On his return he sold products door to door before starting Norbrook Laboratories in 1969, which now employs 2,000 people and is one of the largest private veterinary pharmaceutical companies in the world.

In the process he acquired the original family home Carpenham as well as Ballyedmond Castle, Gillingham Hall, near the village of the same name in Norfolk, Corby Castle in Cumbria in the north of England, as well as valuable town houses in Belgrave Square, London and Fitzwilliam Square, Dublin.

Haughey was staying at Gillingham Hall and decided to fly to London in his Augusta/Westland helicopter on March 13, 2014. The helicopter crashed in fog shortly after take-off and Mr Haughey (70), his foreman Declan Small (42) and pilots Carl Dickerson (36) and Lee Hoyle were all killed.

An inquest later heard recordings of one of the pilots saying: "I don't mind telling you I'm not happy about lifting out of here."

Under his original 1984 will, the bulk of the estate went to his wife Baroness Ballyedmond, a solicitor, who has since been appointed vice chairperson of Norbrook Laboratories. The couple had three children, Caroline and Professor James Haughey and Edward Haughey Jnr.

Sunday Independent

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