IRISH INDEPENDENT -   2nd March 2005

 

ROCKERS U2 ARE STILL ROLLING IN IT


Supergroup stay at No.1 on music's rich list with £629m



The rich keep getting richer and competition is fierce, but U2 still top the charts of Ireland's wealthiest entertainers in 2005.

Pole position in the sporting world goes to multi-millionaire Eddie Irvine, while chasing him are fellow motor racing success stories, golfers and footballers.
 U2's combined wealth of 629m keeps them amongst the country's Top Ten richest people, ahead of young pretenders Westlife, and a leap above dancer Michael Flatley's £529m fortune.

Last October, U2 signed a highly lucrative contract with Apple Computer that put all their albums on the online iTunes service. The deal added £2bn to Apple's stock market value and a decent wedge to U2's earnings. The pick of entertainers and sportspeople was revealed by the Sunday Times ahead of its Rich List, published tomorrow.

Compiled by Colm Murphy, it is the ninth such survey to be published in this country and shows how the wallets of those at the top of their professions are getting increasingly bulky.

A fortune of £22m was needed to get into the list of Ireland's 200 wealthiest last year and this has now gone up to £23m. Enya's £100m places her third in the list of richest entertainers, behind Michael Flatley. Van Morrison follows with £69m, and Chris de Burgh with £43m.

Next is new entrant, comic Graham Norton, with a fortune of £31m. Raised in Cork, he appeared in Father Ted, which landed him the Channel 4 chat show, So Graham Norton. The show crossed to America entitled The Graham Norton Effect.

Actor Colin Farrell's pockets were lined with an extra £1m this year, despite 'Alexander' receiving poor reviews from critics.

Richest sportsman, Formula One racer Eddie Irvine, ranks 41st overall with £219m. Martin Birrane, owner of Mondello Park, the Co Kildare motor-racing circuit, is worth £151m.

Third in the sport wealth league is Dubliner Eddie Jordan, whose fortune dropped to £57m from £72m in 2004 after the sale of his Formula One racing team this year to Canadian businessman Alex Schnaider.

Of the footballers, Manchester United captain Roy Keane is worth £43m, followed by Damien Duff at £11m and Robbie Keane at £7m. Aston Villa boss David O'Leary is also valued at £7m.

Among golfers, Darren Clarke is worth £16m, with Padraig Harrington on £11m and Paul McGinley at £7m.


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