Seven Gettys sign up for Irish passports
ONE of the world's richest families, the Getty oil dynasty, has been granted seven Irish passports, it has been revealed.In little over 12 months, five family members have been given citizenship.
Irish citizenship is extremely advantageous to US heirs as it is a way of reducing tax liabilities.
Two grandsons of the US billionaire John Paul Getty received passports following an investment in an Irish company four years ago.
One of the grandsons, Mark Harris Getty, is selling his apartment at Sorrento Heights in Dalkey, Dublin tomorrow.
Iris Oifigiul records show this was the residence of Mr Getty although the property has been vacant for the past four years.
Eoghan Ganly, of estate agents Ganly Walters, said the property was ``in need of work''. He added that it was being sold for in excess of £210,000.
In 1995 Christopher Ronald Getty, another grandson, got citizenship and has an address in Ballsbridge, Dublin.
In July of last year Tara Gabriel Getty, also a grandson of the billionaire, received citizenship and has an address in Rathfarnham, Dublin. However, he lives most of the year in South Africa.
In March of this year three more members of the Getty family Gail Harris, Eugene Paul and Aileen got citizenship. In June Ariadne Getty-Williams also received a passport.
All four, who are understood to be youngsters, have an address in Ballinderry, Nenagh, Co Tipperary.
The family fortune was built on the wealth of John Paul Getty. He died in California in 1976 leaving $4bn.