Estimating the personal wealth of Belfry owner Sean Quinn Jnr is not easy. It all depends where you draw the line between his fortune and that of his multi-billionaire Irish business tycoon father Sean Quinn Snr. Our estimate is conservative.
Sean Quinn Snr’s wealth is easily around £3 billion, despite a rumoured £800 million hit from Anglo-Irish bank investments. His Quinn Group – 100 per cent owned by him, his wife and their five children – is the largest and most profitable private company in Ireland.
Sean Quinn Jnr is the owner of the Belfry hotel, golf and leisure complex near Sutton Coldfield. The 324 bedroom Belfry is part of Quinn Hotels, which 30-year-old Sean Jnr runs outside the Quinn Group’s main structure.
Quinn Hotels also owns the Holiday Inn in Nottingham as well as the Crowne Plaza in Cambridge, the Slieve Russell and Buswells hotels in Ireland, the Hilton and Ibis hotels in Prague, the Hilton in Sofia and the Sheraton in Krakow, Poland.
Sean Quinn Jnr is said by some to be the heir to the Quinn fortune, and already owns 20.3 per cent of the company.
He also owns a luxurious £1 million-plus penthouse apartment in the exclusive Farmleigh Woods district of Dublin.
Sean Quinn Jnr’s 550 acre Belfry complex is a Mecca for golfers from all over the world and is currently undergoing a £200 million refurbishment, which will include the complex’s three courses.
As the headquarters of the PGA and four-time host of the Ryder Cup, golf and The Belfry are inextricably linked. The Brabazon course in particular is internationally renowned.
Last September the Belfry was again host to the British Masters championship, sponsored by Quinn Insurance of which Sean Quinn Jnr is a director.
He certainly doesn’t have to worry about a stable financial future.
His father’s Quinn Group continues to grow despite some setbacks. The group began in 1973 as a quarrying operation on Sean Quinn’s 23-acre dairy farm.
Now the company embraces construction, glass, radiators, packaging, plastics, fitness clubs and bars as well as financial services, insurance, pensions and savings.
The company also owns BUPA Ireland.