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Looking at some of the top 10 richest in Ireland
There has been a recent report released by the Irish Independent about the top 10 wealthiest people and their families in Ireland. We looked at the five wealthiest individuals and families in Ireland, how they made their fortune, and the charities that are close to their hearts.
Taking the top spot on this year’s rich list with a combined net worth of €16.1 billion, the family of Pallonji Mistry takes on the role of the highest-net-worth individual. Mistry, the patriarch of the family, is an Indian-born businessman who became an Irish citizen in 2003 after giving up his Indian citizenship. During the 1930s, Pallonji’s father bought a stake in Tata Sons, which stands at 18.9% today. This was the beginning of the Mistry family’s incredible wealth.
As the chairman of the Shapoorji Pallonji Group, Mistry has signed a naming and sponsorship deal with Cricket Ireland for €250,000 per year for a term of 10 years. As a notoriously reclusive individual, Mistry’s section in the book The Moguls of Real Estate, which featured India’s five most successful real estate leaders from 2008 to 2014, lasted only five pages. Despite the fact that Mistry has a 200-acre stud farm and is known for loving horses, it is likely that his interest in Ireland is due to this, and his family has indicated that their interest in Ireland is due to this reason.
A billionaire like Grayken, who has a net worth of €5.75 billion, made his fortune by buying distressed property assets in countries where economic turmoil is raging and then flipping them for a profit. Born in a suburb of Boston, Grayken was a naturalised American citizen who renounced his US citizenship during the 1990s and became a citizen of Ireland. In 2017, Grayken made the largest donation ever made to the Boston Medical Centre, a donation that had never before been made.
As an additional gift, he provided funding for the Grayken Programme in International Real Estate at the Wharton School of the University of Pennsylvania later that year.
This family is worth €7.1 billion. The Weston family owns Primark, Brown Thomas, and Arnotts in Ireland; Loblaw grocery chains in Canada; Selfridges; and Fortnum & Mason in the UK, as well as a retail portfolio that includes the Loblaw grocery chain. Primark’s sales declined from €8.1 billion in 2018 and may be related to the backlash against fast fashion—a pillar of its success—in part.
After moving to Canada in 1974, the Westons founded the Ireland Fund of Canada, a chapter of the Ireland Funds, the global fundraising network that raises funds to support programmes of peace and reconciliation as well as arts and culture, education, and community development throughout Ireland, with Hilary founding the Ireland Fund of Canada in 1979. In addition to co-founding and chairing the Canadian Environment Educational Foundation, she also worked in the field.
In addition to supporting Canadian charities, Galen’s foundation also donates a million Canadian dollars a year to the Fraser Institute, one of the most influential conservative think tanks, which is located in Vancouver and furthers world-class research, offers new ideas, and provides tangible benefits to the communities in which it operates.
It was through Esat Telecom, through which O’Brien built up a fortune of €4.7 billion, that he was able to build up his fortune of €4.7 billion, which he then sold to British Telecom Group in 2000. After that, O’Brien went on to create Digicel, a Caribbean mobile service and entertainment provider that made phones and plans available at lower prices for everyone.
Furthermore, O’Brien is the founder and owner of Communicorp, which is the largest media holding company in Ireland and owns radio stations in the UK and Ireland. He is a patron of the 2003 Special Olympics World Summer Games and serves as one of the directors on the board of Concern Worldwide, which is one of the biggest aid and humanitarian agencies in the country.
One of the most mysterious entrants on this list is Dorrance. He is the grandson of John Thompson Dorrance, an American chemist who discovered the formula for condensed soup and was President of Campbell Soup for 16 years. It is believed that Dorrance III’s wealth of €2.44 billion comes from selling 10.5 percent of his shares in Campbell’s Soup in the 1990s, which led to his having a massive wealth of €2.44 billion.
As a result of his investment in a tree-planting project worth $1.5 million, Dorrance III’s wife, Gundel, was granted a passport when he moved to Ireland around the same time. Gundel is also an honorary director of the Lyford Clay Foundations. The Lyford Clay Foundation is a philanthropic organisation committed to fostering a healthy, prosperous, and peaceful Bahamas by enhancing educational attainment throughout the Bahamas.
Top 10 richest in Ireland
After a number of comprehensive losses and a lucrative detour into boxing, Conor McGregor’s days as an elite MMA fighter appear to be over, having fallen out of the US antidoping pool following a number of comprehensive losses.
Forbes estimates that the 34-year-old Crumlin fighter is worth around $190 million as a result of becoming the most famous name in the UFC during the mid-2010s and leveraging his success into several licencing ventures that have generated $40 million annually in sales.
After retiring from soccer over 15 years ago, Roy Keane continues to be a major presence in the game as a pundit for Sky Sports and ITV, following a spell as Ireland assistant manager during Martin O’Neill’s tenure as Irish manager.
There is no doubt that the outspoken Corkman, 51, is as celebrated as any other Premier League champion or Champions League winner, and his departure from the Ireland squad ahead of the 2002 World Cup remains a topic of national conversation. He is estimated to be worth an estimated €57 million.
The greatest goal scorer in the history of Irish football, Robbie Keane, was a mainstay of the Premier League with Leeds, Tottenham, and Liverpool, as well as Inter Milan, Celtic, and LA Galaxy, and he came of age at a time when television money was rapidly inflating player wages.
It is also worth noting that Keane, 42, is also the most capped player in the history of Irish football, playing 146 matches and scoring 68 goals in 146 matches for Ireland, as well as playing at two European Championships and a World Cup. His estimated net worth is $55 million.
There is no doubt that Rory McIlroy has been on and off the top of the golf world over the past few years, but he is finally back at the top of the rankings, although his wait for another major title is now in its ninth year.
Approximately €160–190 million has been estimated as the net worth of Rory McIlroy, 33, and Forbes reports that the Co Down man earns $41.5 million (€39.7 million) in annual earnings. He won $8.7 million on the PGA Tour in 2022.
As a result of Graeme McDowell’s link with Saudi Arabia’s LIV Tour this year, he has drawn criticism from many areas of the golfing world and has been accused of sports washing by the media, making his fellow golfers uncomfortable supporting Mohammed bin Salman’s regime.
As a golfer from Co. Antrim, 43, the 43-year-old won the US Open in 2010 but had slipped down the rankings in recent years before joining the Breakaway Golf League in 2017. His estimated net worth is $40 million.
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