Sean Quinn
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Seán Quinn (Irish: Seán Ó Cuinn) is an Irish entrepreneur from Derrylin, County Fermanagh, Northern Ireland. http://www.forbes.com/lists/2006/10/DHXK.html He is the richest man in Ireland. The Irish Times Friday March 10 2006. Technically, Quinn shares this position with John Dorrance III, the heir to the Campbell Soup fortune. However, Dorrance is an American who took out Irish citizenship and moved to Ireland in 1994 for tax reasons. Quinn comes from a staunch GAA family in Fermanagh where he and his brother, Peter, played football for Teemore. Peter Quinn became a financial advisor and in 1990 he was elected President of the GAA, Ireland's largest sporting and cultural organisation, in which role he served between 1991-1994. In an interview with Ireland's Sunday Business Post, Seán Quinn attributed his initial success to the contacts he developed through the GAA.
These contacts enabled him to build a company spanning both sides of the Irish border when, in 1973, he borrowed £100 and started extracting gravel from his family farm, washing it and selling it to local builders. The Sunday Business Post 'Quinn direct on health of his empire' December 30 2001 From this came Quinn Cement, and the basis of his wealth. In recent years, however, Quinn has diversified with his Quinn Group playing a leading role in Ireland's hospitality industry, and being an active investor in hotels and pubs abroad, most particularly in the Czech Republic and Great Britain. http://www.quinnhotels.com/ He is also a serious presence in Ireland's glass, radiator and plastics industries with his Quinn Glass, based in Fermanagh, and his Quinn Lite Pac, based in Longford.
In 2005 Quinn added the The De Vere Belfry hotel and golf course to his centrepiece Slieve Russell hotel in Cavan. His Quinn Financial Services wing, founded in 1996, has been particularly successful in challenging the established insurance companies on the island. With its headquarters in Cavan, it made €153 million profit, up 19% on the previous year, on sales of €473 million in 2004. According to the Forbes, Seán Quinn is worth $2.5 billion, making him the 292nd richest person in the world. http://www.rte.ie/business/2006/0310/forbes.html Four Irish make mega rich list In November 2005 the Quinn Group, which is privately owned by the Quinn family, was estimated to be worth between €4 billion and €5 billion. Global Quinn http://archives.tcm.ie/businesspost/2005/11/20/story9822.asp On 18 May 1999 Seán Quinn was awarded an Honorary Doctor of Laws from NUI Maynooth. http://communications.nuim.ie/press/180599.shtml
See Also:List of Irish Business people
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