What is Eamon Cleary's Net Worth?
Eamon Cleary was a prominent New Zealand property developer and racehorse owner whose net worth was estimated at $2 billion. Born on August 28, 1960, Cleary accumulated his wealth during a period of high dairy prices and rising land values. He capitalized on converting inexpensive farmland in New Zealand into successful dairy operations during the 1990s recession.
Cleary was originally from Drumlane, Tullynahinera, Castleblayney. Despite preferring to stay out of the spotlight, he earned media attention in October 2007 when Irish President Mary McAleese praised his significant endowment of a Chair of Irish Studies at the University of Otago, New Zealand's oldest university.
Early Life and Career
At just 11, Cleary left school in Ballybay to work on his father's farm. By age 15, he apprenticed as a block layer, and at 17, he established his own building company. In his twenties, by the early 1980s, he had founded a pre-cast concrete and reinforcing steel company. His business acumen led to the creation of a large agricultural supply business, which he sold in 1991.
Business Ventures
Cleary expanded his business ventures beyond New Zealand to include operations in eastern and western Europe, Argentina, Chile, and the United States. His diverse portfolio contributed significantly to his substantial wealth.
Personal Life and Legacy
Eamon Cleary passed away at the age of 52 at his stud farm in Kentucky, USA, following a six-month battle with cancer. His contributions to both the business and academic worlds have left a lasting impact.
