Wealth of Republic of Ireland's billionaires rises by €13 billion in 2024
Oxfam Ireland reported that the wealth of the Republic of Ireland's 11 billionaires increased by €13 billion in 2024, reaching a total of €50.2 billion. This growth is attributed largely to cronyism and inheritance. The report highlights that billionaires in Ireland gained €35.6 million daily last year. Globally, billionaire wealth surged by $2 trillion, with 36 percent of it inherited. The wealthiest individual in Ireland is Shapoor Mistry, valued at $9.9 billion. He is followed by Stripe founders John and Patrick Collison, each worth $7.2 billion.