Tycoons: Mr Midas
The year was 2004 and it was a good one for the man acknowledged as Ireland’s richest billionaire. Conservative estimates put Dermot Desmond’s growing fortune at €1.23 billion with no sign of it slowing down
‘My business is private. I don’t have any outside shareholders. I don’t have any bonds. I’m not accountable to anyone, and that’s the way I like to keep it.”
Meet Joe Billionaire, one of the richest Irishmen in the world.
This year was a good one for Dermot Desmond. His London City Airport appreciated by €125 million, to €477 million. He launched a health insurance...
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