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

Dermot Desmond Net Worth, 2.8 out of 5 based on 4 ratings

Dermot Desmond Latest News

Scottish Gossip: Scottish Cup final, Celtic, Aberdeen, Rangers, 'Gullit' link, Hearts

To make a good team you need good players but this is life." Celtic's majority shareholder Dermot Desmond has revealed the club's next target under Brendan Rodgers is to reach the last 16 of the Champions League. "That's what we're aiming for, that's what ...
Posted: May 27, 2017, 1:24 am

Rodgers on Dermot Desmond

After more than 20 years as the largest individual shareholder in Celtic few fans know much about Dermot Desmond. For a chunk of that time his opposite number at Ibrox dominated the headlines with his moonbeam management but when things headed south Dave ...
Posted: May 19, 2017, 5:00 pm

Dermot Desmond says Brendan Rodgers and Celtic’s Invincibles are aiming for Champions League last 16

Of the remarkable unbeaten campaign Irish billionaire Desmond said: “Brendan winning all the matches in Scotland, and four draws, has been a great accomplishment by the team and by the manager. Keep up to date with ALL the latest news, transfers and ...
Posted: May 25, 2017, 5:20 pm
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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, 2.8 out of 5 based on 4 ratings

Dermot Desmond Latest News

One51 puts colourful past behind it as Toronto listing beckons

However, the IPO plans were scuppered when they did not win enough shareholder support. Among the main objectors to the plan was billionaire financier Dermot Desmond, who owned a 23pc stake, and some like-minded shareholders. Chairman Denis Cregan said ...
Posted: May 28, 2017, 1:13 pm

Dermot Desmond says Brendan Rodgers and Celtic’s Invincibles are aiming for Champions League last 16

Of the remarkable unbeaten campaign Irish billionaire Desmond said: “Brendan winning all the matches in Scotland, and four draws, has been a great accomplishment by the team and by the manager. Keep up to date with ALL the latest news, transfers and ...
Posted: May 25, 2017, 5:20 pm

Dermot Desmond sells stake in plastics firm One51

Financier Dermot Desmond has sold his near 25% stake in plastics business One51 to Canadian fund manager Caisse de dépot et placement du Québec (CDPQ). Mr Desmond had been One51’s largest shareholder, with his investment represented by his ...
Posted: May 18, 2017, 5:15 pm
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