Dermot Desmond
$2.3B
Born
Jul 01, 1950
Age
75
Source of Wealth
Finance
Residence
Dublin,
Citizenship
Ireland
Marital Status
Married
Children
4
Education
- Dermot Desmond started his career in finance at Citibank, and later worked for the Investment Bank of Ireland and PricewaterhouseCoopers.
- In 1981 he founded NCB Stockbrokers, which became Ireland's largest independent brokerage; he sold it for $39 million in 1994.
- With the proceeds, Desmond started his own private equity firm, International Investment & Underwriting.
- IIU now has stakes in travel software firm Datalex, Mountain Province Diamonds, Barchester Healthcare and Glasgow soccer club Celtic PLC.
- An avid golfer, he's known as "The Kaiser" for his distinctive mustache.
- He also owns stakes in two luxury hotels in the Caribbean, the Pink Sands Club and the Sandy Lane Hotel.
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