[94][95] The Oireachtas Committee on Procedures and Privileges previously rejected O'Briens request to sanction Murphy over her allegations about his financial arrangements, which he claimed had breached parliamentary privilege. In addition to his business ventures, he holds board memberships with various philanthropic organisations. Click here. . . Denis O'Brien is chairman and co-founder of Front Line Defenders, which he helped establish in 2001 to meet the immediate security and protection needs of human rights defenders at risk around the world. It also stated that OBrien was not at fault for going on a trip with Robert Dix, and there was no evidence to support the claim that OBrien had an unduly close or unethical relationship with senior IBRC executives. Find contact's direct phone number, email address, work history, and more. He was 80. Denis O'Brien's business education didn't start in a classroom in college, it came from joining his fatherwho sold equine products across Europe, the U.S. and Asia on business trips when he was a kid. He founded the first Digicel Foundation in Jamaica in 2004 in the wake of the devastation caused by Hurricane Ivan with a vision of helping to create a world where no one gets left behind. [68], In 1998, O'Brien purchased Planal SA, the holding company for the Quinta do Lago golf resort in Portugal. (Employees figure is estimated, Sales figure is modelled). Following the 2010 earthquake in Haiti he funded. Fri, 26 Feb, 2021 - 06:30. About Conack. [97] Justice Donald Binchy, the High Court judge who granted the injunction, said that the public did not have the right to see confidential banking information of IBRC customers, and that RT had failed to prove that the terms of the loan were handled improperly by the IBRC. -- Almost 200 of the world's leading philanthropists, social entrepreneurs and public officials, including Warren Buffett, Chuck Feeney, Paul Tudor Jones, Michael Milken, Malala Yousafzai, Stephen Schwarzman, Laurene Powell Jobs, Arne Duncan, Peter G. Peterson, Leon Black, Jim Breyer, CEO and Co-founder of Teach for All Wendy Kopp, Governor Andrew []. He also funds the Iris OBrien Foundation, which is focused on promoting human rights, helping people affected by disasters, supporting people with disabilities, educational causes and the promotion of the arts. The Student Room founder Charles Delingpole tells Forbes about building a business whilst still at university, his regret at not finding the right mentors and why biographies are the best business books. The OBrien Centre of Science at Dublin University College was funded by and named after him, and he has pledged financial support to students pursuing an MBA at the Boston College Carroll School of Management through the OBrien Fellowship. In 2019, O'Brien earned the Award for Outstanding Achievement from the Irish-US Council. In October 2014, O'Brien and his partner, Fred Browne, sold the company to CarVal, a US investment firm; Browne remained with the new company as CEO. Denis has 9 jobs listed on their profile. [15] In February 2021, O'Brien sold Communicorp to Bauer Media Audio for approximately 100 million. The Chairman of telecommunications company, Digicel Denis O'Brien, has offered his support to the regional reparations movement. While considering the flotation of Digicel on the New York Stock Exchange, a March 2006 filing to the Companies Registration Office (CRO) listed O'Brien's residential address as Sliema, Malta. [47], In October 2021, Digicel announced the sale of its Pacific operations to Telstra Corp, an Australia telecommunications company. Listen to Denis O'Brien, Host of "The Retirement, Life and Investment Radio Show" on Saturday Mornings from 10 - 11 am on News Now Radio, 94.9FM. The proceeds of this sale went directly to Digicel Group, a mobile operator O'Brien founded in 2001. . Denis O'Brien, the Irish-born founder and chairman of Digicel Group, made . In 2000, he sold Esat to the BT Group, using the funds from the sale to help finance his next business venture: Digicel Group. [93], On 16 June 2015, O'Brien sued the Houses of the Oireachtas Commission, the Government of Ireland and the Attorney General over remarks made by Murphy and Sinn Fin TD Pearse Doherty about his banking affairs in the Dil ireann. [5] His father created a medical supply company and later a horse nutrition business. If you just focus on risk, you can't do a thing. Learn More About Denis OBriens Philanthropic Work. In 2012, Denis O'Brien, and in that same year, company revenue was forecast at 400 million. [132] However, in 2013, the High Court officially ruled that OBriens home was Quinta de Lago, Almancil, Portugal, and not Ireland, in the 2000/2001 tax year. Founder of Digicel. From its inception until 2014, Aergo traded more than 150 aircraft with a gross value of over 791 million (approximately $1 billion). O'Brien has spent most of his career in the communications technology and mass media industries. He has invested in his alma maters. He later took up residency in Sliema, Malta however uses this to avoid tax and still resides predominantly in Ireland. Tribunal issued report alleging the telecom tycoon paid off a government official, a charge he denies emphatically. Denis has 4 jobs listed on their profile. [57][58], In December 2015, Alimentation Couche-Tard, a Canadian convenience store company, announced that it planned to buy Topaz. [105][106] In November 2019, Murphy announced that she wouldn't appear before the commission because she was concerned that she would be required to reveal the source of her information. Gold-medal winning Irish Paralympian Mark Rohan opens up about his life-changing motorcycle crash, and how cycling brought fresh meaning to his life. As former chairman of the Esat Digifone consortium, O'Brien was questioned by the Moriarty Tribunal, which investigated the awarding of a mobile phone licence to Esat, among other things. Denis O'Brien runs and owns 94% of Digicel, a mobile phone network provider that operates in the Caribbean, Asia Pacific and Central America. The company that manages Denis O'Brien's Quinta do Lago golf resort in the Algarve made a profit of 1.37 million (1.56 million) last year after making "a strong recovery" with the easing of Covid-19 restrictions. The sale, which was disclosed in filings to the Companies Registration Office, follows the sale by O . [70] The tribunal found that this happened after Fine Gael received a $50,000 donation from O'Brien via a circuitous route, although the tribunal also acknowledged that the money was not intended as a payment. Dennis O'Brien. With a particular focus on helping communities within his Digicel markets, he founded the first Digicel Foundation in 2004 in Jamaica. Luxembourg Mmorial, 1 August 2013, Par rsolutions signes en date du 8 octobre 2012,, [44], In May 2020, Digicel filed for bankruptcy court reorganization and successfully sought a debt restructuring agreement. [1] One of his three sisters is the artist Abigail O'Brien, President of Irish arts body, the Royal Hibernian Academy, for 20182023. The company started trading on 26 November 2001 and their status is listed as Inactive. O'Brien engages in various philanthropic activities, including being on the board of Concern Worldwide, founding the Iris O'Brien Foundation and establishing a fellowship at Boston College. [89] The jury found in the defendant's favour and Justice Barton dismissed the case with an order for costs against OBrien. Tom Lyons. Will Carly Fiorina lead by example and take 10% pay cut? [39][40] After the 2010 Haiti earthquake, O'Brien pledged 3.5 million to assist recovery efforts. Mario Schulzke April 8, 2021. The Moriarty Tribunal found almost beyond doubt that O'Brien's was awarded this contract due to payments he made to Michael Lowry, the then communications minister, who unduly influenced the bidding process. In 2001, he founded telecoms provider Digicel in Jamaica. [92] According to Murphy, O'Brien allegedly wrote to the IBRC's special liquidator, Kieran Wallace, seeking the repayment terms he had verbally secured from Aynsley; both Aynsley and O'Brien denied the claims. Denis O'Brien 1w Report this post Hydroponics, rainwater harvesting, solar energy and grow boxes are just a few of the environmentally friendly agricultural techniques the La Brea Police Youth Club teaches its members. [97] The Independent, owned by Independent News & Media, of which O'Brien then held a significant interest, reported, "Mr. O'Brien successfully stopped RT from broadcasting" details about O'Brien's finances that Murphy had raised in the Dal. [16], In 1991, O'Brien formed a telecommunications consortium called Esat Telecom to compete with the state-owned Telecom Eireann. O'Brien Retirement Investment Group is an advisory firm located in Mystic, CT providing products and services. The court awarded O'Brien 150,000. Denis O'Brien, owner of the regionally dominant mobile network operator Digicel Pacific and potentially a $2 billion seller, maybe to China Mobile or to Telstra with the government's . In 2000, Denis O'Brien made a successful exit by selling Esat to the BT Group. O'Brien owns Communicorp, a media holding company which operates across Europe, but particularly in Ireland where it dominates national radio (apart from RT) via stations like Newstalk and Today FM. Accessing nutritious food without socioeconomic or geographic barriers is a challenge for the New Lands . [48][49] Valued at US$1.85 billion, the sale was completed in July 2022, with Telstra agreeing to pay Digicel US$1.6 billion before adjustments and deductions. [122] In 2012, O'Brien received a Clinton Global Citizen Award from former U.S. President Bill Clinton, in large part due to his disaster relief efforts in Haiti. [6], In 2019, the Irish-US Council awarded O'Brien the 2019 Award for Outstanding Achievement for his work building bonds between Ireland and the United States. from a former manager of the club, Martin O'Neill. Communicorp [ edit] Main article: Communicorp O'Brien was until early 2021 the owner of Communicorp, [7] a media holding company operating across Europe. In 2019, O'Brien sold his stake in Independent News and Media to Mediahuis, losing hundreds of millions of Euros on his investment. [35], In June 2019, Independent News & Media was sold to the Belgian group Mediahuis[36] and de-listed from the Euronext Dublin exchange, thus ending O'Brien's involvement in the group. Union fears dominance of newspapers and radio by Denis O'Brien's companies Published: 8 Apr 2016 . In 2021, O'Brien sold his stake in Communicorp and the Pacific operations of Digicel. [112], In June 2000, O'Brien set up the Iris O'Brien Foundation, named after his mother, through which he coordinates many of his philanthropic efforts,[113][114] and has supported multiple charities and campaign groups, including the human rights group Front Line Defenders. From its start in Ireland, Front Line Defenders now employs 50 staff with offices in Dublin and Brussels, and regionally-based field staff in the Americas, Asia, Africa, Europe, Central Asia . The High Court of Ireland dismissed an application by wealthy businessman Denis O'Brien who sought to censure two Deputy House Members of Parliament over comments they made about him during a parliamentary investigation into the sale of an Irish company to one of his entities. Luxembourg Mmorial, 31 May 2012, Par rsolutions prises en date du 2 avril 2012, l', Denis O'Brien He created Digicel, one of the most successful cell phone companies in the world spanning 31 countries, and holds multiple investments in several industries in Ireland and internationally. Luxembourg Mmorial, 14 October 2010, Les comptes annuels pour la priode du 4 avril 200, NEW YORK (AP) Denis O'Brien, who served as George Harrison's manager for much of the former Beatle's solo career and co-founded with Harrison the production company that backed such hits. [72] [73] That same year, the High Court ruled that the State was not entitled to indemnity and contribution from OBriens telecommunications company regarding any loss that might arise from the granting of the country's second mobile phone licence in 1996. A lifelong entrepreneur, Denis O'Brien has launched multiple businesses around the world, including Communicorp and the Digicel Group. A firm believer in philanthrocapitalism, Denis OBrien is the founder and Chairman of Digicel Group and a number of other businesses in a variety of sectors. Born in County Cork, he graduated with an Arts degree from University College Dublin, received an MBA in corporate finance from Boston College in 1982, and was later given an honorary doctorate by University College Dublin. See the complete profile on LinkedIn and discover Denis' connections and jobs at similar companies. [37] That same year, Digicel expanded into the South Pacific. See the complete profile on LinkedIn and discover . BOJ says slowdown intensifying; Allianz close to closing Dresdner deal; Denis O'Brien sweetens bid for Eircom. [119] O'Brien has worked with the Clinton Global Initiative (CGI). [111] The couple have four children. The Ireland-US . [20][21], On 7 November 1997, Esat Telecom Group plc held an initial public offering and was listed on the Irish Stock Exchange, London Stock Exchange, and NASDAQ. [50] [51] [52], In 2012, O'Brien purchased Siteserv, a utilities support company, from IBRC for 45m; in 2015, the company was renamed Actavo. O'Brien was born in the city of Cork. [38], Along with Digicel, O'Brien created the Digicel Foundation, which has worked with local organizations to develop community services, build schools and health centers, and support recovery efforts. Separately, accounts for another Denis O'Brien-owned entity, Catalunya Golf Ltd, show that it recorded a pre-tax . [91], The matter became public in May 2015, when TD Catherine Murphy attempted to raise it in the Dil ireann. [63], Between 2008 and 2016, O'Brien gave the Football Association of Ireland (FAI) as much as 12 million to help pay the salaries of senior officials within the organisation, including Giovanni Trapattoni. [10][11] The company expanded to markets in Eastern European countries, later selling some of its stations to local operators. Chief Executive. Denis O'Brien is a wealthy Irishman with a fortune of $5.6 billion. DENIS O'BRIEN has 1 employees at this location and generates $42,818 in sales (USD). NUJ calls for commission to investigate media ownership in Ireland. The Lucea Infant School, Each year, International Girls in ICT Day is recognised. The model of capitalism has to change. [2][3] His business interests have also extended to aircraft leasing (Aergo Capital), utilities support (Actavo), petroleum (Topaz Energy), football (a minority shareholder of Celtic F.C. O'Brien established Communicorp in 1989, with the company currently owning 42 radio stations in eight European countries. O'Brien established Communicorp in 1989, with the company currently owning 42 radio stations in eight European countries. to get blockbuster numbers. The new masts will add to a network O'Brien's company began building in 2006, the same year the United Nations classified the South Pacific nation as one of the world's least developed. 6th Mar, 2021 - 2 min read. Since its formation, programmes and interventions from the Foundation have helped millions of people across Haiti, Jamaica, Papua New Guinea and Trinidad and Tobago, particularly in the fields of special needs, education and community development. [34] According to an affidavit filed by the ODCE, invoices for the data interrogation were discharged by Blaydon Limited. Irish billionaire Denis O'Brien is giving back to the Caribbean after Hurricane Maria. From 1969 to 1976, Dennis was President of the San Francisco division of Kaufman & Broad . I am100% committed to quality. O'Brien was until early 2021 the owner of Communicorp,[7] a media holding company operating across Europe. Denis O'Brien is one of Ireland's leading entrepreneurs with investments in international telecoms, radio, media, property, aircraft leasing, golf and other leisure interests. [132] Media reports suggested that the move was spurred by a then-existing exemption to capital gains tax in the Irish-Portuguese tax treaty, which reportedly would have saved O'Brien about 63 million in taxes. Denis O'Brien's Post. DENIS O'BRIEN WATERFALL CONSTRUCTION LIMITED is a Private limited company (Ltd.) company based at BALLINVRENSKIG, Ireland and has 4 employees. O'Brien got his big break selling his Irish mobile outfit, Esat Telecom Group, to British Telecom Group in 2000 for $2.8 billion. [101] On 17 June 2015, RT published what it called "a curtailed version" of the story, claiming that two paragraphs of the original story could not be printed because they were still covered by the High Court's injunction. O'Brien remains chairman of Digicel and has overseen its expansion into 31 telecom markets across the Caribbean, Central America and Asia Pacific. O'Brien has spent most of his career in the communications technology and mass media industries. Office of the Director of Corporate Enforcement, "From bell boy to billionaire, O'Brien had real business flair", "Forbes' rich list names five Irish billionaires", "Businessman Denis O'Brien takes control of Beacon Hospital", "Business and politics figures at funeral of Denis O'Brien snr", "Alma Mater confers Denis O'Brien with honorary Doctor of Laws", "Denis O'Brien's Communicorp sells Latvian radio group", "Change of CEO in Denis O'Brien's radio group", "Irish Media, Fearing Lawsuits, Steers Clear of a Billionaire", "Communicorp seals purchase of Emap radio stations", "Denis O'Brien's Communicorp to acquire Irish radio stations -Today FM, FM104 and Highland Radio - in 200m deal", "Communicorp to snap up eight UK radio stations", "Communicorp Group disposes of Communicorp UK", "O'Brien exits Irish media after 30 years of mixed fortunes", "Irish Phone Market Proves Tough for Upstart to Crack", "Esat Telecom beat the world's best in mobile phone bid", "We won because our was simply the best bid", "Cab seeks to question Denis O'Brien on tribunal findings", "Denis O'Brien: The man who wants to make a splash at Independent News & Media Telegraph", "Denis O'Brien 'paid minister to help secure Irish phone licence', "O'Brien sells stake in aircraft leasing firm Aergo", "Sale marks end of a chapter in company's long, colourful history of ownership", "O'Brien seals 200m deal for Emap's three Irish radio outlets", "Denis O'Brien ups stake in Independent News & Media to 29.9pc", "O'Brien branded a 'dissident' and accused of destabilising company", "Tony O'Reilly sells off INM shares five years after his departure as CEO", "Independent News & Media to be sold to Belgian group", "Irish newspaper editor's column was changed after going to press", "ODCE in court bid to appoint inspectors to probe INM", "INM to pursue 'wrongdoers' for cost of ODCE inquiry into corporate governance", "Digicel makes cellphone connection in Jamaica - USATODAY.com", "Digicel completes sale of US$1.85 billion Pacific business to Telstra", "New website pays tribute to O'Brien charitable work", "Denis O'Brien's Digicel Foundation opens 174th school in Haiti", "O'Brien pledges 3.5m as charities plead for money", "O'Brien receives prestigious award from Clinton", "A juicy award for embattled Denis O'Brien", "Caribbean telecom provider Digicel files for bankruptcy", "Digicel Group to finalise debt swap after court approval", "O'Brien may pull off $1.7bn Digicel debt write-off but at what cost? 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