nt Denis OBrien on Forbes Lists #234 Billionaires #2 in - TopicsExpress



          

nt Denis OBrien on Forbes Lists #234 Billionaires #2 in Ireland #233 in 2013 < > Cell phone tycoon Denis OBrien heads $2.8 billion (sales) Digicel, his mobile phone network provider, which operates in Central America, the Caribbean, and the Pacific Islands. The son of an activist, he says he tries to operate on an 80%-business, 20%-philanthropy ethic.Were not robber baron, he says. We never want to be seen as someone that rips off countries. Hes built hundreds of schools in developing countries like Haiti and Papua New Guinea. Digicel, which is his biggest asset, did suffer a setback this year by failing to secure one of two mobile cellular licenses offered by emerging market Myanmar. But the company is still thriving -- and making founder OBrien wealthier in the process. The cash-heavy mobile provider expects to pay the Irish entrepreneur a reported $650 million dividend in 2014. OBrien is also the largest shareholder in Irelands largest -- though struggling -- newspaper publisher, owns an online jobs company with inroads in China and recently purchased the rest of Topaz, Irelands main fuel retailer that he previously held a smaller stake in.
Posted on: Fri, 07 Nov 2014 00:10:05 +0000

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