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CLARE’S richest families are worth a combined total of €360 million, the Irish Independent annual rich list has revealed.

Patrick Purcell, who founded Shannon based drilling tool company Mincon in 1977, comes in at number 115 on the overall rich list.

The 79 year old is worth a sweet €135 million (up from €101 million last year), making him the richest man in Co Clare.

Mincon makes specialist mining equipment and floated on the stock market in 2013.

The Purcell family currently own 57 per cent of the company, which is run by son Joseph.

Next up is 51 year old Domhnall Slattery who takes the 170th spot on the national rich list.

Worth a total of €95 million, the former GPA executive made a small fortune when he sold aircraft leasing company Avalon to Bohai.

Slattery is now based in Hong Kong, where he still runs Avalon.

He recently paid €5.6 million for a house on Shrewsbury Road, previously owned by Sean Dunne.

Clare born Louis Fitzgerald comes in at number 197 with his €77 million fortune.

The 72 year old and his family own Dublin’s biggest pub empire, including the Stag’s Head and Kehoe’s, as well as the Louis Fitzgerald Hotel.

Next up is the Mangan family who just about make the list at number 242 with a combined worth of €52 million.

Founded in 1932, the Clare based wholesale business sold in 2008 to BWG, with turnover of €200 million.

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Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

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