Martin Naughton is Ireland’s fifth richest man according to The Sunday Times
Three men from Dundalk are amongst the 10 richest people in Ireland, according to the latest Sunday Times Rich List which was published last weekend.
The publication found that Glen Dimplex founder Martin Naughton was the fifth richest man in the country, with an estimated fortune of €1.724 billion.
The former De La Salle student also has a luxury apartment on board The World, an exclusive residential cruise ship.
Next in the list in sixth place is Lord Ballyedmond and family, who have an estimated fortune of €1.687 billion. Lord Ballyedmond, also known as Edward Haughey, died in a helicopter crash having built up a fortune from his Newry-based pharmaceutical business, Norbrook.
He was buried in his native Kilcurry following his death with his wealth being left to his wife Mary and children.
Naughton and Haughey made the second biggest rises in terms of wealth in the year, just behind Hilary Weston and family.
Not far behind in eighth place is Pearse Lyons, owner of the Kentucky-based Alltech. The former Harp Lager brewer has an estimated fortune of €1,145 billion.
Not far behind them in 15th place is Larry and Kitty Goodman and family, owners of AIBP Meats in Ardee. They have an estimated fortune of €612m.
The McCann brothers, David and Carl, of Fyffes and Total Produce, were joint 98th on the list with a fortune of €108m.
Boylesports owner John Boyle was also 201st on the list with a €57 million fortune.
Meanwhile, John Doyle of Oxigen Environmental and Mark Goodman, son of Larry and Kitty Goodman, who owns MGI Marketing both have estimated fortunes of €2m each which was enough to secure them 17th place in the Ireland’s young rich list for those 30 and under.