48= (-) Sean Quinn Jnr £65m (-)
If we looked at the wealth of Sean Quinn Snr rather than Sean Quinn Jnr, we would have to put him right at the top - by a very long way - of this year’s Birmingham Post Rich List.
Sean Quinn Snr’s wealth is easily in excess of £3 billion. His Quinn Group - 100 per cent owned by him and his family - is the largest and most profitable private company in Ireland. However its base is in County Fermanagh, Northern Ireland, and its business is in Ireland and mainland Europe with no significant Midlands interests.
The same can’t be said about Sean Quinn Jnr, one of Sean Quinn Snr’s five children and the owner of the Belfry hotel, golf and leisure complex near Sutton Coldfield. The 324-bedroom Belfry is part of Quinn Hotels, which 29-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 prestigious Slieve Russell and Buswells hotels in Ireland, two hotels in Prague, the Hilton in Sofia and the Sheraton in Krakow, Poland.
Sean Quinn Jnr’s 550 acre Belfry complex is a Mecca for golfers from all over the world. As the headquarters of the PGA and the spiritual home of the Ryder Cup, golf and The Belfry are inextricably linked. The Brabazon, one of three golf courses at the Belfry is internationally renowned.
In September the Belfry will again play host to the British Masters championship, which will be sponsored by Sean Quinn Jnr. He certainly doesn’t have to worry about a stable financial future. His father’s Quinn Group made a thumping £264 million profit on sales of £1 billion in 2006 and it continues to grow. 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 owns Bupa Ireland and five per cent of Anglo Irish Bank.