Ian Kehoe on Business

Ian Kehoe on Business View Gallery
Royal Connaught House in Hertfordshire;

Low-key Coolmore pays €60 million for Justify’s breeding rights

A few weeks ago, this newspaper posed a very simple question: is John Magnier Ireland’s richest man? It was not meant as a rhetorical question. It was based on the scale and scope of his thoroughbred interests at Coolmore, his global property portfolio and his world-class personal art collection.

Putting the pieces of Magnier’s financial jigsaw together, there is an arguable case that his wealth is in excess of any Irish-born tycoon. Last week,...

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