Michael Smurfit: his Net Worth, His House, Private Jet and yacht Lady Ann Magee
Lady Ann Magee Yacht | Specifications
Lady Ann Magee
50 m (164 ft)
14 in 7 cabins
12 in 6 cabins
Codecasa Design Team
US$ 40 million
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Sir Michael Smurfit
UK / Monaco
Smurfit Net Worth:
US$ 400 million
August 7, 1936
Birgitta Beimark (divorced)
Anthony P. J. Smurfit, Sharon Smurfit, Tracy Smurfit
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Sir Michael resides in Monaco. His son Anthony Smurfit is the CEO of the Smurfit Kappa Group. In 2019 the yacht’s hull was painted red.
He is a UK based packaging tycoon. Smurfit was chairman of the Smurfit Packaging Group. He was born in August 1936. He was married to Birgitta Beimark. They divorced many years ago. He has 3 children (Anthony, Sharon, Tracy). He is owner of the yacht Lady Ann Magee.
At the age of 16 he started working at his father’s Jefferson Smurfit & Sons Ltd packaging company. He became chairman in 1977 and created a global leader in the packaging industry.
After several mergers and acquisitions the group is now called Smurfit Kappa Group. In 2012 the Smurfit Kappa Group realized sales of EUR 7 billion.
Sir Michael resigned as chairman but still holds a minority share.
Smurfit is also a large shareholder in the international paper and packaging group Powerflute. In which he holds 21% of the shares through his investment company Bacchantes Limited.
He is also shareholder in the Escher Group. Which provides retail (point of sale) software.
He resides in Monaco in the prestigious Le Florestan apartment building. He also owns a large house in Marbella, named Casa Loriana. The house is considered to be one of the most expensive houses in Spain.
He was appointed to be a Knight Commander of the Most Excellent Order of the British Empire (KBE) in 2005.
He has a net worth of US$ 400 million. He is an active philanthropist. The UCD Michael Smurfit Graduate Business School is named in his honor after a generous gift.
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