O’Leary joins Ireland’s billionaire list
Ryanair’s Michael O’Leary has become Ireland’s latest billionaire, according to the Sunday Independent’s Rich List 2016.
The airline’s chief is now worth €1.08 billion, as Ryanair’s share prices continues to rise on the back of strong passenger numbers.
Earlier this month, it forecast full-year profits to the end of March will reach the upper end of the guided range of €1.17bn-€1.22bn.
It also increased predicted passenger numbers from 105 million to 106 million.
O’Leary, aged 55, is one of 14 Irish billionaires – double the number just five years ago.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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