Dermot Desmond Net Worth is$1.8 Billion
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Nicknames: Island of Ireland
Dermot Desmond net worth: Dermot Desmond is an Irish businessman and financier who has a net worth of $1.8 billion. Dermot Desmond made his career beginnings at Citibank, before taking on position, briefly, as a banking consultant for Pricewaterhouse Coopers in Afghanistan. In 1981, he founded NCB Stockbrokers, which eventually became the largest independent brokerage in Ireland. However, in 1994 Desmond sold NCB for $39 million, and he set up his own private equity firm, International Investment & Underwriting. As for his current investments, they include biometrics company Daon, Mountain Province Diamonds, Barchester Healthcare, and Glasgow soccer club Celtic PLC. Apart from his business deals, Desmond is an avid golfer and thanks to his distinctive mustache he is favorably known as "The Kaiser."
Dermot Desmond is an Irish businessman and financier. He is estimated to be worth a??1.35billion and is ranked by the Sunday Independent as the seventh-richest person in Ireland.
Desmond was born in Macroom, County Cork in 1950 and grew up in Marino, Dublin. He was educated at Scoil Mhuire, Marino and Good Counsel College in New Ross. Upon leaving school in 1968, he took a junior position with Citibank in Dublin. He then took a job with Pricewaterhouse Coopers in Kabul, Afghanistan. In 1981, he founded the Irish stockbroking company National City Brokers (NCB). He was appointed chairman of the board of Aer Rianta in 1990 under the Haughey government, but resigned in October 1991 amid the scandal over the purchase of the Johnston Mooney & O'Brien site by Telecom Eireann.
International Investment & Underwriting (IIU) was founded in 1995 by Dermot Desmond. It is a private equity firm and the primary investment vehicle for Desmond. It is located in Ireland's International Financial Services Centre (IFSC) and is regulated by the Irish Financial Services Regulatory Authority. Companies that are controlled through IIU include BETDAQ (an international betting exchange) and DAON (a biometric enabling technology company). IIU Asset Strategies Limited is the hedge fund arm of the company, offering convertible bonds and equity funds.
In August 2008, Desmond was offered the position of Chairman of the Irish airline Aer Lingus. Desmond turned down the offer citing prior commitments as a factor which would not allow him the sufficient time necessary to do the job. Former GPA Chief Operating Officer and current Babcock & Brown Air Chief Executive Colm Barrington was subsequently named Chairman of Aer Lingus.
In 1981 Dermot Desmond founded National City Brokers in Dublin. The company competed with already established stockbroking names in Dublin such as Davy's and Goodbodys. Desmond sold the company to Ulster Bank in 1994, which at the time was part of the National Westm

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Dermot Desmond Latest News

Lennon: Desmond told me to ignore job 'noise' ahead of Cup semi win

Interim Celtic boss Neil Lennon revealed the club's majority shareholder Dermot Desmond told him to ignore "the noise" surrounding his future before yesterday's 3-0 Scottish Cup semi-final win over ...
Posted: April 14, 2019, 6:39 pm

Neil Lennon reveals Celtic supremo Dermot Desmond's inspiring phone calls ahead of Aberdeen clash

One was at the National Stadium. The other at Augusta National. Although almost 4000 miles separated the pair Neil Lennon has revealed a trio of inspiring and reassuring calls from major-shareholder ...
Posted: April 15, 2019, 2:41 pm

I was told all the speculation over my future was just nonsense – Lennon

Interim Celtic boss Neil Lennon revealed the club’s majority shareholder Dermot Desmond told him to ignore “the noise” surrounding his future before the 3-0 William Hill Scottish Cup semi-final win ...
Posted: April 15, 2019, 2:07 am
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Dermot Desmond Net Worth is$1.8 Billion
VN:F [1.9.22_1171]
deserves the money?
Rating: 0.0/5 (0 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 0.0/5 (0 votes cast)
Nicknames: Island of Ireland
Dermot Desmond net worth: Dermot Desmond is an Irish businessman and financier who has a net worth of $1.8 billion. Dermot Desmond made his career beginnings at Citibank, before taking on position, briefly, as a banking consultant for Pricewaterhouse Coopers in Afghanistan. In 1981, he founded NCB Stockbrokers, which eventually became the largest independent brokerage in Ireland. However, in 1994 Desmond sold NCB for $39 million, and he set up his own private equity firm, International Investment & Underwriting. As for his current investments, they include biometrics company Daon, Mountain Province Diamonds, Barchester Healthcare, and Glasgow soccer club Celtic PLC. Apart from his business deals, Desmond is an avid golfer and thanks to his distinctive mustache he is favorably known as "The Kaiser."
Dermot Desmond is an Irish businessman and financier. He is estimated to be worth a??1.35billion and is ranked by the Sunday Independent as the seventh-richest person in Ireland.
Desmond was born in Macroom, County Cork in 1950 and grew up in Marino, Dublin. He was educated at Scoil Mhuire, Marino and Good Counsel College in New Ross. Upon leaving school in 1968, he took a junior position with Citibank in Dublin. He then took a job with Pricewaterhouse Coopers in Kabul, Afghanistan. In 1981, he founded the Irish stockbroking company National City Brokers (NCB). He was appointed chairman of the board of Aer Rianta in 1990 under the Haughey government, but resigned in October 1991 amid the scandal over the purchase of the Johnston Mooney & O'Brien site by Telecom Eireann.
International Investment & Underwriting (IIU) was founded in 1995 by Dermot Desmond. It is a private equity firm and the primary investment vehicle for Desmond. It is located in Ireland's International Financial Services Centre (IFSC) and is regulated by the Irish Financial Services Regulatory Authority. Companies that are controlled through IIU include BETDAQ (an international betting exchange) and DAON (a biometric enabling technology company). IIU Asset Strategies Limited is the hedge fund arm of the company, offering convertible bonds and equity funds.
In August 2008, Desmond was offered the position of Chairman of the Irish airline Aer Lingus. Desmond turned down the offer citing prior commitments as a factor which would not allow him the sufficient time necessary to do the job. Former GPA Chief Operating Officer and current Babcock & Brown Air Chief Executive Colm Barrington was subsequently named Chairman of Aer Lingus.
In 1981 Dermot Desmond founded National City Brokers in Dublin. The company competed with already established stockbroking names in Dublin such as Davy's and Goodbodys. Desmond sold the company to Ulster Bank in 1994, which at the time was part of the National Westm

Dermot Desmond Net Worth, 3.2 out of 5 based on 5 ratings
(Visited 1 times, 1 visits today)

Dermot Desmond Latest News

Neil Lennon reveals Celtic supremo Dermot Desmond's inspiring phone calls ahead of Aberdeen clash

One was at the National Stadium. The other at Augusta National. Although almost 4000 miles separated the pair Neil Lennon has revealed a trio of inspiring and reassuring calls from major-shareholder ...
Posted: April 15, 2019, 2:41 pm

Neil Lennon reveals detail on private phone call with Celtic chief Dermot Desmond over job

Celtic swept into the Scottish Cup final with a ruthless win over nine-man Aberdeen thanks to goals from James Forrest, Odsonne Edouard and Tom Rogic. Lennon admitted the build-up to the semi had been ...
Posted: April 15, 2019, 12:25 am

Lennon told to ignore 'noise' on job as Celtic reach decider

Interim manager Neil Lennon was told by majority shareholder Dermot Desmond to ignore "the noise" surrounding his future before Celtic's Scottish Cup semi-final win over nine-man Aberdeen at Hampden ...
Posted: April 14, 2019, 6:37 pm
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