Stuart Pearson (Ireland): Difference between revisions
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'''Stuart Pearson''' (born c.1984)<ref name="it-1030"> |
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{{cite news |url=http://www.irishtimes.com/newspaper/finance/2008/1030/1225320616121.html |title=Interest shown in Taggart properties |date=30 October 2008 |first=Barry |last=O'Halloran |work=[[The Irish Times]] }} |
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</ref> is an [[Republic of Ireland|Irish]] businessman whose name has been linked to a number of investment rumours in 2008–9. |
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==Biography== |
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According to inteviews, Pearson was born in [[Arklow]] where his family lived in Templerainey<ref name="wicklow-1224"> |
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{{cite news |url=http://www.wicklowpeople.ie/news/arklow-highflyer-in-aer-lingus-bid-1585736.html |title=Arklow highflyer in Aer Lingus bid |last=Coleman |first=Deborah |date=24 December 2008 |work=[[Wicklow People]] |accessdate=2009-05-15}} |
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</ref> and owned a [[Burmah Oil|Burmah]] [[petrol station]].<ref name="wicklow"> |
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{{cite news |title=Arklow C.B.S.: Not all doom and gloom |url=http://www.wicklowpeople.ie/local-notes/arklow-cbs-1612897.html |date=21 January 2009 |work=[[Wicklow People]] |page=1 |accessdate=2009-05-15}} |
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</ref> By 1998 they moved to [[Carlow]] where they own 'The Foundry' [[nightclub]].<ref name="wicklow"/> (In fact, The Foundry is part of the Dinn Rí Hotel complex<ref> |
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{{cite web |url=http://www.dinnri.com/intro.htm |title=Dinn Rí Entertainment Complex - profile |accessdate=2009-05-15}} |
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</ref> owned by the McLoughlin family.<ref> |
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{{cite news |url=http://archives.tcm.ie/carlownationalist/2008/02/27/story33709.asp |title=Days of town- centre parking at Plás na Saoirse numbered |date=27 Fenruary 2008 |work=[[Carlow Nationalist]] |accessdate=2009-05-15}} |
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</ref>) Pearson qualified as an accountant in [[Portlaoise]] c.2008.<ref name="wicklow-1224"/> He moved with his wife and two daughters to [[County Kilkenny]],<ref name="kk2908"/> where he rented a house in [[Goresbridge]]<ref name="it0515"/> and ran a [[convenience store]] in [[Graiguenamanagh]].<ref name="kk2908"/><ref name="it0515"> |
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{{cite news |url=http://www.irishtimes.com/newspaper/ireland/2009/0515/1224246568925.html |title='Billionaire investor' is sweet-shop owner |last=Parsons |first=Michael |date=15 May 2009|work=[[The Irish Times]] |accessdate=2009-05-15}} |
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</ref> He was attacked in a robbery on the shop in January 2008.<ref> |
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{{cite news |title=Shopkeeper attacked in terrifying robbery |url=http://www.carlowpeople.ie/news/shopkeeper-attacked-1263392.html |date=9 January 2008 |work=[[Carlow People]] |accessdate=2009-05-15}} |
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</ref><ref> |
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{{cite news |url=http://archives.tcm.ie/carlownationalist/2008/01/16/story33395.asp |title=‘Give us €10,000... we have your wife and two daughters’ |date=16 January 2008 |work=[[Carlow Nationalist]] |accessdate=2009-05-15}} |
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</ref> In May 2009, ''[[The Irish Times]]'' reported that he had [[legal separation|separated]] from his wife, who claimed to have no knowledge of his business dealings; and that locals in Graiguenamanagh were surprised by the reports of Pearson's extreme wealth.<ref name="it0515"/> |
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==Purported investments== |
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According to inteviews, Pearson inherited money from relatives' land in 2003.<ref name="kk2908"> |
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{{cite news |url=http://www.kilkennypeople.ie/news/Young-gun-investor-eyes-property.4638840.jp |title=Young gun investor eyes property giant |last=Keys |first=Laura |date=29 October 2008 |work=[[Kilkenny People]] |accessdate=2009-05-15}} |
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</ref><ref name="wicklow"/><ref name="ind-2510"> |
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{{cite news |url=http://www.independent.ie/business/irish/hotshot-developer-eyes-taggart-businesses-1510068.html |title=Hotshot developer eyes Taggart businesses |date=25 October 2008 |first=John |last=Mulligan |work=[[Irish Independent]] }} |
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</ref> This was held by [[trustee]]s till 2008,<ref name="kk2908"/> who invested it in property, mostly commercial property, in Ireland and Britain.<ref name="kk2908"/><ref name="it-1030"/><ref name="it-1107"> |
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{{cite news |url=http://www.irishtimes.com/newspaper/finance/2008/1107/1225925539902.html |title=Potential Taggart buyer contacts PwC |date=7 November 2008 |first=Barry |last=O'Halloran |work=[[The Irish Times]] }} |
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</ref> Pearson Holdings and Acquisitions was reported to have property in counties [[County Carlow|Carlow]], [[County Wicklow|Wicklow]], [[County Dublin|Dublin]], and north [[County Kildare|Kildare]].<ref name="carlow"> |
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{{cite news |url=http://www.carlowpeople.ie/news/bid-for-taggart-holdings-1513572.html |title=Bid for Taggart Holdings |date=28 October 2008 |work=[[Carlow People]] }} |
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</ref> It reportedly paid £340m in 2004 and £600m later for retail property in [[London]];<ref name="ind-2510"/> bought some units in [[Grafton Street]], Dublin;<ref name="ind-2510"/> and earned €600m<ref name="ind-1311"> |
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{{cite news |url=http://www.independent.ie/business/irish/pearson-to-bid-soon-for-taggart-1537101.html |title=Pearson to bid soon for Taggart |date=13 November 2008 |first=John |last=Mulligan |work=[[Irish Independent]] }} |
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</ref> or €800m<ref name="it-1218"> |
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{{cite news |url=http://www.irishtimes.com/newspaper/breaking/2008/1218/breaking59.html |title=Pearson Holdings emerges as possible Aer Lingus investor |date=18 December 2008 |first=Barry |last=O'Halloran |work=[[The Irish Times]] }} |
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</ref> from an investment in [[New York City]]. |
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In October 2008, Pearson was reported to have been negotiating to buy Taggart Holdings, a housebuilding firm based in [[Northern Ireland]]<ref name="ind-1311"/> which was in [[administration (law)|administration]] with debts reported at €150m.<ref name="kk2908"/><ref name="it-1030"/><ref name="it-1107"/> In December 2008, it was reported that he might invest in [[Aer Lingus]],<ref name="it-1218"/> and subsequently that he might launch a [[takeover]] offer of up to €900m, funded from a [[war chest]] of €1.5–2b.<ref name="ind-2012"> |
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{{cite news |url=http://www.independent.ie/business/irish/pearson-to-battle-ryanair-in-outright-bid-for-aer-lingus-1581919.html |title=Pearson to battle Ryanair in outright bid for Aer Lingus |date=20 December 2008 |first=John |last=Mulligan |work=[[Irish Independent]] }} |
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</ref> In 2009, he was reported to be planning to build a [[retirement village]] in Arklow, and to start an [[insurance company]].<ref name="wicklow-1224"/> He is reported to support many charities in Carlow and Kilkenny, and in April 2009 was producing a DVD showcasing investment opportunities in the region.<ref> |
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{{cite news |url=http://www.advertiser.ie/carlowfirst/article/11191 |title=Millionaire businessman to make DVD to attract new business |last=Coogan |first=Naoise |date=17 April 2009 |work=Carlow First |publisher=Galway Advertiser |accessdate=2009-05-15}} |
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</ref><ref> |
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{{cite web |url=http://www.kilkennyalive.com/story/worldwide-promotion-kilkenny |title=Worldwide promotion for Kilkenny |last=Hurley |first=Sean |date=27 April 2009 |work=Kilkenny Alive |accessdate=2009-05-15}} |
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</ref> |
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==References== |
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{{Reflist}} |
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{{DEFAULTSORT:Pearson, Stuart}} |
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[[Category:Irish businesspeople]] |
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[[Category:People from County Wicklow]] |
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[[Category:People from County Carlow]] |
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{{lifetime|1984||Pearson, Stuart}} |
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Revision as of 13:25, 16 May 2009
This article has been removed due to Legal Issues.