Donal Lynch: From riches to rags for Citywest high-flyer
Their empire may have fallen, but there are signs that the sons of Jim Mansfield are reviving their business interests.
In The Great Gatsby Tom Buchanan contemptuously tells Jordan Baker that wealth alone cannot make someone fit into the upper echelons of society. They must be educated – to Oxford standard – as well. Jim Mansfield and his namesake, Jimmy Jnr, represented the pinnacle of Irish society – in terms of wealth at least – but they did not fulfil the second part of Buchanan's sneering criterion.
Neither were scholars but both had triumphed despite this. Jim, the patriarch, had worked as a farm hand from the age of 14. His flamboyant son and heir, Jimmy Jnr, once told the Commercial Court that he had never read a book and a psychologist's report decreed that he had the reading age of a seven year old.
It was an awkward irony, then, that the final stages of their decline would, this past spring, be marked by the purchase of Jim Mansfield's Citywest school complex by the Department of Education for a 'bargain' €5m. It was the triumph of public service over a once-sexy corporate enterprise; Irish children with crayons instead of rich Saudis with Porsches. Scott Fitzgerald himself couldn't have written a more affecting tragedy.