\"Seventy-year-old

Seventy-year-old Irishman John Griffin made a fortune with his London taxi business. Photo by: Getty

Irish accountant made half a billion dollars from London taxi sideline

\"Seventy-year-old

Seventy-year-old Irishman John Griffin made a fortune with his London taxi business. Photo by: Getty

A 70-year-old Irishman who set up a taxi business as a sideline to earn some extra cash is the highest new entry on Ireland’s latest rich list.
Accountant John Griffin made his fortune in London after he decided to make some money on the side with a taxi.
The Sunday Independent’s new rich list has him top of the new entries with a fortune worth almost $500million thanks to the success of his Addison Lee company.
He built it from scratch into Britain’s biggest taxi, car hire and fleet management group before selling it to private equity group Carlyle for almost half a billion dollars last April.
Griffin is one of 27 new entries on the Sunday Independent Rich list 2014, down on the 38 new entries last year and the record haul of 44 in 2012.
There are no new women featured on the list.
Fellow expat Shane Smith, who once served pints in Dublin’s famous Baggot Inn music venue and watering hole, is now worth almost one and half billion dollars.
The Sunday Independent reports that Smith is the brains behind fast-growing digital group Vice Media, partly owned by Rupert Murdoch.
The report adds that Mayo farm machinery tycoons Padraig and Martin McHale have seen their engineering company expand.
The Hughes brothers from Mayo are also new entrants this year thanks to the success of their workwear company.
 
http://www.independent.ie/business/irish/when-the-dust-settles-whos-still-standing-30069832.html

A 70-year-old Irishman who set up a taxi business as a sideline to earn some extra cash is the highest new entry on Ireland’s latest rich list.

Accountant John Griffin made his fortune in London after he decided to make some money on the side with a taxi.

The Sunday Independent’s new rich list has him top of the new entries with a fortune worth almost $500million thanks to the success of his Addison Lee company.

He built it from scratch into Britain’s biggest taxi, car hire and fleet management group before selling it to private equity group Carlyle for almost half a billion dollars last April.

Griffin is one of 27 new entries on the Sunday Independent Rich list 2014, down on the 38 new entries last year and the record haul of 44 in 2012.

COMMENTS

Log in with your social accounts:

Or, log in with your IrishCentral account:

Forgot your password ?

Don't have an account yet? Register now !

Join IrishCentral with your social accounts:


Already have an account ?

Or, sign up for an IrishCentral account below:

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


Make sure we gathered the correct information from you

By clicking above you are indicating that you have read & agree to our Terms and Privacy Policy.


You already have an account on IrishCentral! Please confirm you're the owner.


Our new policy requires our users to save a first and last name. Please update your account: