Tony O’Reilly Net Worth is
Tony O’Reilly Bio/Wiki, Net Worth, Married 2018
Sir Anthony Joseph Francis O’Reilly (created 7 May 1936, Dublin, Ireland), is an Irish businessman and former international rugby union player. He’s famous for his participation in the Independent News & Media Group, which he headed from 1973 to 2009, and as former CEO and Chairman of the H.J. Heinz Company. He was the top investor of Waterford Wedgwood. With six children and 19 grandchildren, and wed into a Greek shipping heiress and horse breeder, he lives mostly in Lyford Cay in the Bahamas, and Kilcullen in Ireland, with regular stays at Glandore.
He pressed the organization to expand into other national markets also to improve its reach in Ireland. In the UK, INM took control of the national broadsheet The Independent in 1995, edging out MGN and Prisa. The organization has over 200 national and regional newspaper and magazine titles in whole, sales of 1.7 billion and profits of 110.7 million. The group has assets of approximately 4.7 billion and debts in the area of 1.3 billion. On Friday 13 March 2009, it had been declared that on O’Reilly’s 73rd birthday, 7 May, he’d step down as both CEO and also an associate of the Board of INM, to be succeeded by his son, Gavin. Additionally, the often-criticized big size of the board will be reduced from 17 to 10, and also would comprise three nominees of Denis O’Brien. These statements were auctioned, and O’Reilly became President Emeritus of the group. The markets responded favorably to the news, particularly to the explicit truce involving the O’Reilly and O’Brien investor blocs, with Denis O’Brien expressing public support for Gavin O’Reilly as CEO-designate.