Haugheys top north’s Rich List with £1.4bn fortune
Tuesday, 20 May 2014
THE family of the late Dr Eddie Haughey have been named as the richest family in Northern Ireland after the industrialist's wealth rose by over £500m to £1.4bn in the last 12 months.
And the Haugheys have been joined on the annual Sunday Time Rich List by three other prominent businessmen based in the Newry area.
Dr Haughey, also known as Lord Ballyedmond, was one of four men that died when the helicopter they were travelling in crashed yards from the Norbrook owner's Norfolk home in March this year.
He founded Norbrook in 1969 and in 1970 Norbrook began manufacturing of veterinary pharmaceuticals.
The company manufactures several pharmaceutical drugs, the most well-known of which are the antibiotic drugs Noroclav and Betamox, NSAIDs such as Carprieve, Loxicom and Flunixin.
Properties owned by the Haughey family include Ballyedmond Castle in Rostrevor, Corby Castle in Cumbria, Gillingham Hall, Norfolk, Belgrave London and a Georgian house on Dublin's Fitzwilliam Square.
Property tycoon and Quays owner, Gerard O'Hare is number nine on the Northern Ireland list with £150m.
The Times said the 56-year-old businessman's portfolio includes the Fairgreen Shopping Centre in Co Carlow as well as properties in America.
Brian Conlon, founder of First Derivatives, is a new entry as he doubled his fortune to £96m in 12 months.
The 48-year-old has a £90m stake and is the managing director of First Derivatives, the £250m firm he started in Newry.
Glen Dimplex founder, Martin Naughton also appears on the list as the fifth wealthiest man in the republic with a fortune of £1.4bn. He began his business from premises in Newry 41 years ago and Glen Dimplex is now the world's biggest maker of electrical heaters.
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