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Irish Rich List 2019: movers, shakers and record-breakers | Irish Rich List

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Most of Ireland’s richest 300 have seen their wealth soar, but others have lost vast fortunes

Life’s a lottery: Frances and Patrick Connolly hit the jackpotCLODAGH KILCOYNE

Ireland’s most affluent people continue to smash wealth records. The richest 300 are worth €87bn, up 10% from last year’s previous record high of €79bn. While the pace of wealth generation has started to slow slightly, the amount of money needed to join this exclusive club has leapt again, by €5m to €57m. Such has been the rise that the Republic now has one of the world’s highest proportions of euro billionaires among its 4.8m population. There is a billionaire for roughly every 282,000 people, almost twice that found in the US, Kuwait and Sweden.

The number of Irish euro billionaires has risen from 16 to 17, but the trickle-down effect is tempered by the fact that almost half the billionaires are either resident in…

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