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

Kirk Gibson to speak at MSU commencement

At the advanced degree ceremony, Dermot Desmond, chairperson of International Investment and Underwriting in Dublin, Ireland, will receive an honorary doctorate of humanities. “From athletics to philanthropy to medicine and science, our commencement ...
Posted: March 16, 2017, 7:18 am

For Trump, St. Vincent And The Grenadines Became The Isle Of Disappointment

Trump also agreed to operate the golf course and a stand-alone casino. None of it helped much. In 2010 Saladino gave up on his pet project and sold out to Irish billionaire Dermot Desmond, who promptly ended the Trump deal before selling out himself in 2015.
Posted: March 20, 2017, 5:14 am

Kirk Gibson to speak at MSU commencement May 5

At the advanced degree ceremony, Dermot Desmond, chair of International Investment and Underwriting in Dublin, Ireland, will receive an honorary doctorate of humanities.
Posted: March 16, 2017, 1:47 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

For Trump, St. Vincent And The Grenadines Became The Isle Of Disappointment

Trump also agreed to operate the golf course and a stand-alone casino. None of it helped much. In 2010 Saladino gave up on his pet project and sold out to Irish billionaire Dermot Desmond, who promptly ended the Trump deal before selling out himself in 2015.
Posted: March 20, 2017, 5:14 am

Trump tumbles down Forbes rich list

The rest of the Emerald Isle's representation consists of: American-born financier John Grayken (215th with $6.6bn), businessman Denis O'Brien (348th with $4.7bn), Campbell Soup heir John Dorrance (745th with $2.7bn), businesman Dermot Desmond (1,030th ...
Posted: March 21, 2017, 6:23 am

Ronny Deila on his new normal in Norway and the fear of failure which affected him at Celtic

Big city or not, this is a community club, far removed from the uber professionalism of the football department at Lennoxtown, a structure which - as much respect as he retains for Peter Lawwell and Dermot Desmond - the Norwegian he admits he found ...
Posted: March 26, 2017, 11:17 am
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